Bac Giang seeks to facilitate RoK businesses
Friday, October 28,2016AsemconnectVietnam - Authorities of the northern province of Bac Giang and investors from the Republic of Korean (RoK) met to discuss boosting investment on October 26.
The firms’ representatives mentioned difficulties that need solving at the meeting.
They suggested Bac Giang build waste treatment systems, upgrade the power grid and roads to aid enterprises, simplify administrative procedures for Korean workers and zone off areas for new factories.
Nguyen Van Linh, Chairman of the provincial People’s Committee, lauded the contributions of RoK businesses to developing the province.
He called on RoK investors to consider employing more Bac Giang students to work at their enterprises and hoped they will use services provided by the International Logistics Centre to be set up in Bac Giang city.
He also asked them to protect the environment.
The Korean business representatives praised incentives offered by local authorities to tackle difficulties and support operations.
Heng Ok Song, Director of Hana Kovi Inc Company, expressed his desire for more meetings to exchange opinions with local authorities.
Bac Giang is now home to 250 foreign-funded projects with total capital exceeding 3.1 billion USD from 14 countries and territories. The RoK has 151 projects with 559 million USD of total capital in the province, focusing on manufacturing industry, import-export activities and merchandise distribution.
In 2015, RoK firms earned nearly 20 trillion VND (899 million USD), exported 580 million USD worth of products and contributed over 670 billion VND (30.2 million USD) to the State budget.
To date, RoK businesses in Bac Giang have provided jobs for more than 41,000 people.
During the meeting, local leaders presented a certificate of investment license to the investor of the Hoa Phu Industrial Zone project in Hiep Hoa district.
They suggested Bac Giang build waste treatment systems, upgrade the power grid and roads to aid enterprises, simplify administrative procedures for Korean workers and zone off areas for new factories.
Nguyen Van Linh, Chairman of the provincial People’s Committee, lauded the contributions of RoK businesses to developing the province.
He called on RoK investors to consider employing more Bac Giang students to work at their enterprises and hoped they will use services provided by the International Logistics Centre to be set up in Bac Giang city.
He also asked them to protect the environment.
The Korean business representatives praised incentives offered by local authorities to tackle difficulties and support operations.
Heng Ok Song, Director of Hana Kovi Inc Company, expressed his desire for more meetings to exchange opinions with local authorities.
Bac Giang is now home to 250 foreign-funded projects with total capital exceeding 3.1 billion USD from 14 countries and territories. The RoK has 151 projects with 559 million USD of total capital in the province, focusing on manufacturing industry, import-export activities and merchandise distribution.
In 2015, RoK firms earned nearly 20 trillion VND (899 million USD), exported 580 million USD worth of products and contributed over 670 billion VND (30.2 million USD) to the State budget.
To date, RoK businesses in Bac Giang have provided jobs for more than 41,000 people.
During the meeting, local leaders presented a certificate of investment license to the investor of the Hoa Phu Industrial Zone project in Hiep Hoa district.
Source: vov.vn
Standard Chartered, US promote clean energy investments in Vietnam
Vietnam, Russia’s Zabaikal region enhance cooperation
Hai Phong Techfest connects Vietnamese, RoK businesses
Made-in-Vietnam wind turbine towers bound for RoK
Vietnam-Laos-Cambodia-Thailand trade fair opens in Laos
NA Chairman meets with executives of large Chinese groups
Vietnam, Laos sign new trade agreement
French businesses interested in Vietnamese market
Vietnam, Russia discuss stronger agriculture cooperation
Vietnam, Indonesia similarities facilitate trade, agro-fishery cooperation
Vietnam, Japan promote financial mechanisms in green energy transition projects
Vietnam Connect Forum 2024 to take place in Hai Phong next month
Vietnam, Canada look to boost trade cooperation
Binh Duong province seeks cooperation opportunities with Australian partners
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
12th-century ancient road unearthed at My Son Sanctuary
An ancient road dating back to the 12th century has freshly been discovered in an excavation on architectural ruins at the east side of ...Efforts made to seek UNESCO’s recognition for Con Moong ...
Vietnam Art Photo Contest and Exhibition 2024 to be held ...
Bas-relief featuring talks between Uncle Ho and soldiers ...