TẠP CHÍ ĐIỆN TỬ
Hai Phong broadens investment ties with S Korean SMEs
Representatives of over businesses from the northern port city have made a working visit to South Korea to seek cooperation opportunities.
Over 30 Hai Phong businesses recently concluded a productive working visit to South Korea, securing numerous agreements on investment cooperation, trade promotion, and human resource training.
The delegation, comprising representatives from sectors such as banking, mechanical engineering, commerce, media, and tourism, engaged in a series of activities including meetings, signing cooperation agreements, and conducting market surveys across various locations in South Korea.
South Korea is currently Hai Phong's largest foreign investment partner in terms of total investment capital, with $14.1 billion, and ranks second in the number of active FDI projects. The presence of major corporations such as LG and SK in its key industrial zones has paved the way for Hai Phong to attract additional waves of investment, particularly from small and medium-sized enterprises (SMEs).
During the visit, the delegation signed a Memorandum of Understanding (MoU) with the Seoul City Veterans Association,with an aim to connect Vietnamese workers, especially university graduates, with the South Korean market, while also establishing skills training centers to create a high-quality workforce for both sides.
The delegation also signed a cooperation agreement with the Wonju Branch of the Korean Women Entrepreneurs Association, focusing on supporting import/export activities, promoting products, and expanding bilateral distribution channels for their members.
In addition to formal agreements, the delegation conducted field surveys of shopping centers, retail outlets, and South Korean businesses specializing in ginseng and high-tech agricultural products.
Strengthening cooperation with South Korean SMEs is anticipated to accelerate Hai Phong’s goals of increasing occupancy efficiency in its new industrial zones, developing a robust supporting industry ecosystem, and diversifying investment sources.
