A delegation of 16 South Korean firms operating in various sectors have arrived in Hanoi to seek investment opportunities in Vietnam, the Vietnam News Agency said.
During their visit to Vietnam, they together with Vietnamese companies June 11 gathered at a meeting in Hanoi jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and the Seoul Business Association (SBA), to seek partners and business opportunities.
Addressing the meeting, Louis Park, who led foreign mission, said that South Korean firms regarded Vietnam as the most potential country in the Southeast Asia region.
South Korean enterprises wish to invest in Vietnam as the Southeast Asian Country has abundant materials, good labor forces and preferential polices for foreign businesses, he attributed.
In order to boost bilateral economic cooperation, the government of South Korea is applying policies including enhancing assistance to trading, stabilizing financial and foreign exchange markets, and applying preferential finance, he added.
The visiting foreign companies are mainly operating in fields of restaurants, production of auto accessories, heavy-industry spare parts, construction equipment and many other industries.
Taiwan, South Korea, Malaysia and Japan are biggest foreign investors among 87 countries and territories investing in Vietnam.
Vietnam was estimated to have attracted US$6.68 billion of pledged FDI inflows between January and May, down 76.3 per cent on year, the Ministry of Planning and Investment said.
The Southeast Asian nation aims to attract US$20 billion of FDI this year compared with US$64 billion pledged for 2008, the ministry said. (Vietnam & World Economy)
Vietnamese
