HCM City vows best conditions for Korean investors

Ho Chi Minh City authorities reaffirmed their commitment to creating the best possible conditions for businesses from the Republic of Korea (RoK) at a dialogue on March 25, aimed at unlocking new cooperation and investment opportunities.

The RoK remains one of HCM City's top partners in trade, investment, and tourism, with a thriving Korean community of over 80,000 people and more than 2,000 businesses contributing significantly to the city’s development and strengthening Vietnam-RoK ties.

By January 2025, the RoK had emerged as HCM City's third-largest foreign investor, boasting 2,286 projects with a total of US$5.5 billion in registered capital.

At the dialogue, participants acknowledged the city’s proactive measures to support businesses, attract investment, and drive economic recovery. The city's officials pledged to maintain a stable business environment and ensure optimal conditions for foreign enterprises, particularly Korean firms, to operate efficiently and sustainably.

Looking forward, HCM City plans to focus on developing high-tech industries, enhancing support services, and positioning itself as an international financial and digital technology centre.

The city will also prioritise attracting investment through public-private partnerships (PPP) in key sectors such as infrastructure, healthcare, education, culture, and sports. Additionally, efforts to improve the investment environment, streamline administrative procedures, and support businesses will remain a top priority.

Two delegations consisting of 23 exporting companies from Jeonnam and Chungbuk provinces of the Republic of Korea will meet Vietnamese importers.jpg

RoK businesses to explore cooperation opportunities in Vietnam

VOV.VN - Two delegations consisting of 23 exporting companies from Jeonnam and Chungbuk provinces of the Republic of Korea will visit Vietnam and engage in an Korea-Vietnam trade exchange in Hanoi, according to the Korea Trade-Investment Promotion Agency (KOTRA Hanoi).

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