RoK real estate firm develops smart city in Hung Yen
Vice Chairman of Hung Yen provincial People's Committee Nguyen Hung Nam on December 13 handed over a decision on establishing a clean industrial park, and an cooperation agreement on smart city development to the Korea Land and Housing Corporation (LH) of the Republic of Korea (RoK) in the framework of the Vietnam - Korea Business Forum.
At the hand-over ceremony of the decision and the cooperation agreement (Photo: VNA)
Hanoi (VNA) - Vice Chairman of Hung Yen provincial People's Committee Nguyen Hung Nam on December 13 handed over a decision on establishing a clean industrial park, and an cooperation agreement on smart city development to the Korea Land and Housing Corporation (LH) of the Republic of Korea (RoK) in the framework of the Vietnam - Korea Business Forum.
The forum, which was held in both face-to-face and online forms by the Ministry of Planning and Investment, the Vietnamese Embassy in the RoK and tthe Federation of Korean Industries (FKI) on the occasion of Vietnamese National Assembly Chairman Vuong Dinh Hue’s ongoing official visit to the RoK, attracted representatives from 500 enterprises of the two nations.
Previously, on December 2, the provincial People’s Committee and LH Group signed a memorandum of understanding (MoU) on cooperation in smart city development, which is hoped to further strengthen the bilateral cooperation in developing a smart city that can compete not only in Vietnam but also in the world.
Chairman of LH Kim Hyun-jun many countries in the world are interested in smart city models - a solution to big problems related to traffic, security and order and the environment in modern cities.
With its experience in developing new urban areas, industrial parks, special economic zones, public housing and urban reconstruction, LH is also a leading corporation in developing technology solutions for building smart cities and housing, he stressed.
The RoK firm is cooperating with TDH Ecoland Urban Development and Investment JSC of Vietnam to develop a clean industrial park which covers an area of 140 hectares under the Ly Thuong Kiet Industrial Park and Service Urban project in Hung Yen.
This is part of a core economic cooperation project that the RoK government has promoted in Vietnam in the housing, real estate, and industrial sectors via its “New Southern Policy”.
Nam said the local authorities always accompany businesses to promptly solve difficulties, and create all favourable conditions for and support businesses to accelerate its investment in the locality so that the first Korean-style clean industrial park project in Vietnam will soon become operational.
This will be a symbol of the Vietnam - RoK economic cooperation, towards celebrating the 30th founding anniversary of the diplomatic relations between the two countries in 2022, he said./.
Chairman of the National Assembly Vuong Dinh Hue and a high-ranking delegation of the Vietnamese legislature arrived at Incheon International Airport in Seoul on December 12 afternoon, beginning their official visit to the Republic of Korea (RoK) at the invitation of Speaker of the Korean NA Park Byeong-seug.
National Assembly Chairman Vuong Dinh Hue received leaders of leading groups and enterprises of the Republic of Korea in Seoul on December 13, within the framework of his official visit to the country.
The official visit by Chairman of the National Assembly Vuong Dinh Hue to the Republic of Korea (RoK) starting December 12 is viewed as an opportunity to lift the countries’ strategic cooperative partnership to a new height, towards bringing two-way trade to 100 billion USD in a balanced, sustainable and effective manner.
Since Vietnam and the Republic of Korea (RoK) established diplomatic ties in 1992, bilateral relations have thrived across all fields, especially in economy and people-to-people exchanges.
National Assembly (NA) Chairman Vuong Dinh Hue and Speaker of the National Assembly of the Republic of Korea (RoK) Park Byeong-seug attended a Vietnam - RoK Business Forum in Seoul on December 13.
Chairman of the National Assembly Vuong Dinh Hue is on an official visit to the Republic of Korea. His visit is made at the invitation of Speaker of the Korean National Assembly Park Byeong-seug.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
At the hand-over ceremony of the decision and the cooperation agreement (Photo: VNA) 
