Hai Phong vows to facilitate favorable conditions for RoK businesses
(VOVWORLD) -Hai Phong’s administration is committed to creating a favorable and fair environment for foreign investors, including those from the Republic of Korea, Vice Chairman of the municipal People’s Committee Le Anh Quan said at a meeting on Tuesday with Vietnamese and Korean businesses.
 Le Anh Quan, Vice Chairman of Hai Phong People’s Committee, delivers a speech at the meeting. (Photo: baodautu.vn) |
Quan said the RoK is a strategic investment partner of Hai Phong. Korean enterprises are leading investors in the number of projects and the amount of investment capital in Hai Phong, with 173 projects and registered investment capital of more than 9.6 billion USD.
They are mainly invested in the processing industry, electronic and electrical components, auto components and spare parts, and plastic equipment and products.
A number of local enterprises and investors signed MoUs on investment and business cooperation at the meeting.