Korean firms seek business opportunities in Vietnam
Vietnam is an attractive destination for many Korean businesses, Choi Gangsun, Director of Gyeonggi high-tech park, said at a trade promotion workshop held in Ho Chi Minh City on October 3.
Choi Gangsun, Director of Gyeonggi high-tech park (Photo: VNA)
HCM City (VNA) – Vietnam is anattractive destination for many Korean businesses, Choi Gangsun, Director ofGyeonggi high-tech park, said at a trade promotion workshop held in Ho Chi MinhCity on October 3.
Choi said Vietnam has enjoyed high and stableeconomic growth for many years and the country boasts a young and dynamicpopulation.
Cultural similarities between Vietnam and theRepublic of Korea will make the bilateral cooperation much easier, he added.
Furthermore, the demand for information andtechnology products of Vietnam will increase, and this is the area that youngKorean businesses want to promote collaboration in the coming time, accordingto Choi.
Chairman of Pacific Group Le Ngoc Anh Minh saidtrade promotion workshops between Vietnam and the RoK in the recent time haveproved effective.
Through the sharing of information, manybusinesses could seek partners and establish long-term business ties, he added.
Minh said the RoK has strengths in technologyand renewable energy, adding that his company is negotiating with Koreanpartners about bilateral cooperation and implementation of wind power projectsin Vietnam./.
Many leading groups and corporations of the Republic of Korea, which operate in banking, finance, electricity, retail sales, and technology, have expressed their interest in cooperation with Vietnamese partners, including FPT Corporation, in the fields of new technologies digital transformation.
Vietnam is an important trade partner and a strategic destination of businesses from the Republic of Korea (RoK), experts said at a workshop held in Ho Chi Minh City on July 16.
The Republic of Korea (RoK)’s Consulate General recently revealed the country’s businesses plan to invest more in Vietnam, especially in the manufacturing of electronic equipment and developing smart grid networks.
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