Korean parliament speaker visits Ninh Binh

During the meeting, Nguyen Thi Thu Ha, Secretary of the provincial Party Committee and head of the provincial National Assembly deputy delegation informed Speaker Kim and his entourage about province's Party building, socio-economic development in 2022 as well as outcomes in cooperation between Ninh Binh province and RoK cities.

Ninh Binh is striving for comprehensive, rapid and sustainable development, toward green growth and high quality, Ha said, adding that the province focuses on ameliorating the investment and business environment, effectively eliminating difficulties for companies, and attracting investments, including those from the RoK.

Ninh Binh is currently home to 41 foreign direct investment (FDI) projects from the RoK, accounting for 27.08% of the total number of FDI projects in the province.

Korean FDI projects with a total registered capital of more than US$413 million are operating effectively, making contributions to local economic growth, bringing a great source of revenue to the provincial budget as well as creating jobs for local workers.

In 2022, Thanh Cong Group and Hyundai Motor contributed more than 80% of the province's budget revenue.

Ha said that she hopes Speaker Kim and his entourage will provide continued support for cooperation between the province and RoK cities as well as help promote the image of Ninh Binh to Koreans.

Kim, in turn, proposed Ninh Binh continue to offer optimal conditions and support RoK businesses operating in the localities, and suggested setting up a hotline between the province and the RoK Embassy in Vietnam to actively support RoK citizens when necessary.

Ninh Binh is increasingly becoming a famous tourist destination, he said while expecting that more and more Korean tourists will visit the province in the coming time.