07 July 2017

Hoa Lac High-Tech Park lures more RoK investors

 
The conference to promote investments from the Republic of Korea (RoK) in the Hanoi-based Hoa Lac High-Tech Park (Source: VNA)


 

Hanoi (VNA) – A conference to promote
investments from the Republic of Korea (RoK) in the Hanoi-based Hoa Lac
High-Tech Park was held on July 7, expected to open cooperation opportunities
for Vietnam and the RoK across fields, especially health care. 

Addressing the event, Deputy Minister of Science
and Technology Pham Dai Duong said his ministry and the park’s management board
have exerted all-out efforts in building infrastructure and completing
institutions to create legal corridors and the most favourable conditions for
foreign investors, including those from the RoK. 

RoK Ambassador to Vietnam Lee Hyuk said the RoK
has become Vietnam’s largest foreign investor, second largest official
development assistance (ODA) supplier and third biggest trade partner. 

Meanwhile, Vietnam is the RoK’s fourth largest
trade partner, he said, noting that it is time for the two countries to propel
their cooperation. 

Nguyen Trung Quynh, deputy head of the park’s
management board, briefed participants on investment situation in the area as
well as incentives for businesses operating in the park. 

On this occasion, the board handed over
investment licences to two projects, including one invested by the RoK, raising
the total number of projects in the park to 80 with total registered capital of
61.3 trillion VND (2.7 billion USD). 

The Hoa Lac High-Tech Park now accommodates many
Korean businesses like Vietnam-Korea Medical Joint Venture, SDS Company and
DT&C Co.,Ltd.-VNA



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