The conference to promote investments from the Republic of Korea (RoK) in the Hanoi-based Hoa Lac High-Tech Park (Source: VNA) Hanoi (VNA) – A conference to promoteinvestments from the Republic of Korea (RoK) in the Hanoi-based Hoa LacHigh-Tech Park was held on July 7, expected to open cooperation opportunitiesfor Vietnam and the RoK across fields, especially health care.
Addressing the event, Deputy Minister of Scienceand Technology Pham Dai Duong said his ministry and the park’s management boardhave exerted all-out efforts in building infrastructure and completinginstitutions to create legal corridors and the most favourable conditions forforeign investors, including those from the RoK.
RoK Ambassador to Vietnam Lee Hyuk said the RoKhas become Vietnam’s largest foreign investor, second largest officialdevelopment assistance (ODA) supplier and third biggest trade partner.
Meanwhile, Vietnam is the RoK’s fourth largesttrade partner, he said, noting that it is time for the two countries to propeltheir cooperation.
Nguyen Trung Quynh, deputy head of the park’smanagement board, briefed participants on investment situation in the area aswell as incentives for businesses operating in the park.
On this occasion, the board handed overinvestment licences to two projects, including one invested by the RoK, raisingthe total number of projects in the park to 80 with total registered capital of61.3 trillion VND (2.7 billion USD).
The Hoa Lac High-Tech Park now accommodates manyKorean businesses like Vietnam-Korea Medical Joint Venture, SDS Company andDT&C Co.,Ltd.-VNA
Addressing the event, Deputy Minister of Scienceand Technology Pham Dai Duong said his ministry and the park’s management boardhave exerted all-out efforts in building infrastructure and completinginstitutions to create legal corridors and the most favourable conditions forforeign investors, including those from the RoK.
RoK Ambassador to Vietnam Lee Hyuk said the RoKhas become Vietnam’s largest foreign investor, second largest officialdevelopment assistance (ODA) supplier and third biggest trade partner.
Meanwhile, Vietnam is the RoK’s fourth largesttrade partner, he said, noting that it is time for the two countries to propeltheir cooperation.
Nguyen Trung Quynh, deputy head of the park’smanagement board, briefed participants on investment situation in the area aswell as incentives for businesses operating in the park.
On this occasion, the board handed overinvestment licences to two projects, including one invested by the RoK, raisingthe total number of projects in the park to 80 with total registered capital of61.3 trillion VND (2.7 billion USD).
The Hoa Lac High-Tech Park now accommodates manyKorean businesses like Vietnam-Korea Medical Joint Venture, SDS Company andDT&C Co.,Ltd.-VNA
