Hai Duong (VNA) – Authorities of northern HaiDuong province hosted a local reception on February 26 for a delegation fromthe Republic of Korea (RoK)’s Suwon city.
Vice Chairman of the provincialPeople’s Committee Nguyen Minh Hung highlighted the existing strong economicpartnership between the two localities, noting that Hai Duong currently hosts126 investment projects from the RoK, with a total registered capital of 1.4billion USD. This makes the RoK the leading source of foreign investment interms of project number and the third in capital value. These investments,primarily in electronics, electrical appliances, molds, logistics servicesand apparel, have created over 70,000 jobs in Hai Duong.
Beyondeconomic ties, Hung underlined their fruitful cooperation in recent years, spanning variousareas such as friendly visits, culture,sports, tourism, education, sustainable development, and locality-to-locality cooperation.
Additionally,Hai Duong leaders proposed several avenues for further cooperation, includinginviting Suwon city's businesses to invest in the province, establishing ahigh-quality international hospital leveraging Hai Duong's strategic locationin the Red River Delta, supporting the training of skilled human resources, andnurturing table tennis and archery talents.
They also suggested Suwon city invite its art troupes to perform at the ConSon-Kiep Bac Spring Festival to promote Korean culture to local people andtourists.
In response, Vice Mayor of Suwon City Hwang InGuk expressed his commitment to deepening cooperation between the two sidesacross multiple sectors. He pledged to discuss with Suwon's top leaders anddepartments to devise concrete plans for partnership with the Vietnameseprovince.
Leaders of both sides signed a Memorandum ofUnderstanding on local cooperation for the 2024-2026 period. This MoUsignifies their commitment to creating opportunities for youth and citizenexchange, promoting mutual understanding through cultural and sportingꦐactivities, and exploring potential collaboration in various fields such aseducation, trade and sustainable development.
Hai Duong andSuwon established their friendly and cooperative relationship in July 2004./.
The northern province of Hai Duong recently granted investment certificates to 27 domestic and foreign enterprises with a total registered capital of 1.5 billion US, including several projects worth hundreds of million US dollars.
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Chairman of the People’s Committee of northern Hai Duong province Trieu The Hung visited foreign-invested firms operating in the locality on February 19, including Best Pacific Vietnam Co. Ltd. and Doosan Electro – Material Vietnam Co. Ltd.
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At the MoU signing ceremony (Photo: VNA) 
