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Korean firms seek business opportunities in Vietnam

Updated: 09:31, 04/10/2019
Vietnam is an attractive destination for many Korean businesses, Choi Gangsun, Director of Gyeonggi high-tech park, said at a trade promotion workshop held in Ho Chi Minh City on October 3.

Choi said Vietnam has enjoyed high and stable economic growth for many years and the country boasts a young and dynamic population.

Cultural similarities between Vietnam and the Republic of Korea will make the bilateral cooperation much easier, he added.

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Choi Gangsun, Director of Gyeonggi high-tech park.

Furthermore, the demand for information and technology products of Vietnam will increase, and this is the area that young Korean businesses want to promote collaboration in the coming time, according to Choi.

Chairman of Pacific Group Le Ngoc Anh Minh said trade promotion workshops between Vietnam and the RoK in the recent time have proved effective.

Through the sharing of information, many businesses could seek partners and establish long-term business ties, he added.

Minh said the RoK has strengths in technology and renewable energy, adding that his company is negotiating with Korean partners about bilateral cooperation and implementation of wind power projects in Vietnam.

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Source: VNA

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