RoK companies seek investment opportunities in Can Tho
A group of businessmen from the Republic of Korea’s Korean Trade Commission (KTC) visited Mekong Delta Can Tho city to seek investment opportunities.
At his working session with the businesspeople on September 29, Vo Thanh Thong, Chairman of the Can Tho People’s Committee, said the city is interested in the RoK investors and will create all favourable conditions for the RoK enterprises to invest or cooperate with Vietnamese enterprises in Can Tho.
Over the past years, the city has carried out commitments with the RoK investors on policies and mechanisms when investing in the city, Thong said, adding that the city is completing procedures to build a hi-tech park and will give incentives to the RoK investors who pour money into the field.
Over the past years, the city has carried out commitments with the RoK investors on policies and mechanisms when investing in the city, Thong said, adding that the city is completing procedures to build a hi-tech park and will give incentives to the RoK investors who pour money into the field.
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Eun Sik Hwang, President of the KTC, said Vietnam has become one of the RoK’s leading trade partners.
KTC members will import Vietnam’s advantageous products, including those produced by the Mekong Delta region and Can Tho city without limit and will export the RoK’s hi-tech products into Vietnam and invest in fields the two sides have demand.
Eun said the KTC is seeking to establish a Korean and English training centre and a commercial centre in Can Tho to export the Mekong Delta’s signature products to other countries and import products needed by the regional provinces with the support from Can Tho city.
More and more RoK investors have come to Can Tho city. One of examples is the Taekwang Corporation, the RoK’s leading sports shoes manufacturer, which has commenced the construction of a US$170 million factory.
A Vietnam-RoK Industry Technology Incubation worth US$21 million went into operation in November, 2015.
The KTC was formed in June, 2015 in Seoul, and the number of members increased from 10 at the beginning to 127 at the moment. Its goal is to support its members to export RoK products and services to the world and import products and services into the RoK.
