4:40:58 PM | 26/12/2005
Vietnam and South Korea Chambers of Commerce and Industry jointly held a meeting in Hanoi on December 19 for nearly 80 Vietnamese enterprises and eleven South Korean firms to seek trade and investment opportunities.
The participants are businesses mainly operating in imports, exports and production of electronic equipment, packing, equipment for construction, environment and transport, and home decorations.
Seung Woon Kim, vice chairman of the South Korea Chamber of Commerce and Industry, confirmed that Vietnam is always considered the safe market and destination of the Korean enterprises.
On December 13, the Foreign Investment Agency of Vietnam and the Korean Trade-Investment Promotion Agency, signed an agreement on bilateral cooperation. Under the agreement, two sides will share experience in abroad trade promotion, helping investment activities of enterprises from two countries, holding workshops to promote trade, and providing training programs. Vietnam will also set up a board to assist Korean enterprises to invest in the country.
According to Vietnam Foreign Investment Department, South Korean enterprises has invested more than 1,000 projects into Vietnam to date with total combined registered capital of $5.2 billion, ranking third among 74 countries and territories in the world investing in Vietnam.
P.V