President Park: HCM City is symbol of Vietnam-RoK cooperation
Ho Chi Minh City is a symbol of not only the spectacular development of Vietnam but also the sound economic cooperation between Vietnam and the Republic of Korea (RoK), President Park Geun-hye has said.
During a working session with Secretary of the municipal Party Committee Le Thanh Hai, Park said more than 1,800 RoK businesses are operating in the city and over 80,000 RoK nationals live in this southern economic hub of Vietnam.
Hai said HCM City has enjoyed close ties with a lot of RoK partners, many of whom have operated effectively in the locality.
Ties between HCM City and RoK partners exist not only in trade, investment and tourism, but also in the expanding cultural and people-to-people exchanges, he said.
He expressed his hope that President Park will encourage RoK enterprises to invest in Vietnam and HCM City in particular.
President Park noted thanks to improved investment in the city, RoK businesses have expanded their operations to various sectors with high added value like high technology, electricity and heavy industry, along with garments and light industries.
She said she believes that in the future, more and more RoK businesses will invest in HCM City and Vietnam’s southern provinces.
She proposed municipal authorities give more attention and support to the businesses, allowing them to make bigger contributions to the economic development of the city.
President Park visited Hansae Vietnam Company in Tay Bac-Cu Chi Industrial Park and had a meeting with the RoK business community in HCM City.