Vietnam Recommends That Korean Government Help Korean Businessmen Invest In Dyeing And Weaving Industry

Wang Tinghui, chairman of the Central Economic Commission of Vietnam (Vuong Dinh Hue), led a high-level delegation to visit South Korea on from August 10th to 13th.

The purpose of the visit is not only to promote and strengthen the strategic partnership between Vietnam and South Korea, but also to study the 3 year economic reform plan announced by the South Korean President in February this year, as well as South Korea. Economics Exchange of views on system, mode of growth and structural innovation.

During the meeting between the two sides in August 12th, Yoon Sang Jik, Minister of trade, industry and energy, told the South Korean leader that South Korea would finish signing the bilateral free trade agreement (FTA) with Vietnam at the end of this year.

Minister Yoon said Vietnam is currently the most attractive investment stronghold for Korean businessmen. It is believed that the FTA signed by both sides will help encourage Korean businessmen to invest in the new trend and provide more smoothly. Investment Opportunity.

To achieve this goal, the Vietnamese government should promote infrastructure development, especially transportation, with a view to providing conditions for attracting investment.

Minister Yoon also praised the chief executive's advice and recommended to the South Korean government to help Vietnam set up an industrial science and technology incubator in the North Vietnamese region and promote the investment of Korean businessmen engaged in dyeing and weaving industry to Vietnam, so as to welcome the investment trend brought about by the signing of TPP.

The two sides should also strengthen cooperation in supporting industries, expand training in human resources, and promote production links between the two sides in global and regional supply chains.

Yoon Minister stressed that after the two sides signed FTA, South Korean businessmen will invest actively in Vietnam, and bilateral cooperation projects will be deepened day by day.

The chairman welcomed the Yoon's proposals for cooperation and told the Central Committee. Economics The committee is pleased to promote the completion of the FTA negotiation by the end of this year as soon as possible by all relevant units.