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Governor Choi Moon-soon and Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong
He made the remark at a conference on Gangwon – Ho Chi Minh City economic cooperation held by the Korea Federation of Small- and Medium-sized Enterprises and a delegation of Gangwon firms in Ho Chi Minh City on June 9. 

 

The governor said locality-to-locality economic exchanges are an important driving force for the two countries’ economic partnership. 

Ho Chi Minh City is the biggest economic and financial hub of Vietnam and also one of the most vibrant cities in Southeast Asia. It attracts much attention from Korean investors, including those from Gangwon province. 

He added that businesses from his province want to access information about growth promotion and investment attraction policies of Ho Chi Minh City. They hope to establish partnerships with local firms to enhance ties in health care, culture, education and tourism. 

Sharing the same view, Consul General of the RoK in Ho Chi Minh City Park Noh-wan said Vietnam, especially Ho Chi Minh City, is currently a magnet for foreign investment. Therefore, Gangwon companies should make use of opportunities from investment promotion programs to connect with local firms, thus creating a long-term growth momentum for both sides. 

Valuing the province’s investment promotion plan, Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong said his city welcomes and will provide the best possible conditions for foreign investors. It will improve the business climate and support domestic and foreign companies in their establishment and operation. 

He added the two localities boast huge cooperation potential, especially in the fields that match Gangwon’s strength and Ho Chi Minh City’s demand such as biotechnology, medical equipment and new materials. 

He voiced his belief that cooperation and mutual support will bolster their respective economic development, thus contributing to the prosperity of Vietnam and the RoK.

Source: VNA