The Mekong Delta city of Can Tho and the Republic of Korea (RoK) hold great potentials for further cooperation, therefore, the RoK Ambassador to Vietnam should work as a bridge to bring RoK investors.
Can Tho (VNA) – The Mekong🥀🌄 Delta city of Can Tho and the Republic of Korea (RoK) hold great potentials for further cooperation, therefore, the RoK Ambassador to Vietnam should work as a bridge to bring RoK investors to the city, said a local official.
During a working session with the RoK Ambassador to Vietnam Lee Huyk on November 18, Secretary of the municipal Party Committee Tran Quoc Trung said Can Tho is calling for investment in the fields of industry, hi-tech agriculture, and transport infrastructure in industrial zones.
Trung informed his guest that Korean firms are investing in nine projects with combined registered capital of 340 million USD in Can Tho, notably the 171 million-USD Teakwang Vina sport shoe factory and 62 million-USD Lotte shopping mall.
Can Tho has shipped rice, aquatic products and apparels to the RoK and imports materials, he said, adding that two-way trade remains modest, reaching just 45 million USD last year.
While hailing Can Tho’s development potentials, Lee promised to promote cooperation between Can Tho and the RoK – the largest foreign investors in Vietnam – by introducing the city’s strengths to RoK investors.
He hoped that the city authorities will support a project launched in Can Tho last month to provide vocational training for repatriated Vietnamese brides and orientations for to-be-bride women before they come to the RoK.-VNA
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Can Tho bridge (Source: VNA)
