Thu. May 19th, 2022

The central province of Thanh Hoa pledges to create favourable
conditions for the Republic of Korea’s (RoK) enterprises to invest
in the locality.

Chairman of the provincial
People’s Committee Trinh Van Chien made the commitment at a conference
in Thanh Hoa city on April 16 to promote investment and trade with RoK
businesses.

The province will continue improving its
investment environment and infrastructure system, strengthen human
resources training and develop support industry, he said.

At the conference, the Thanh Hoa Institute of Planning and
Architecture and the Hong Duc Education Equipment Joint Stock Company
signed memoranda of understanding (MoU) on investment and business
activities with the RoK’s Heerim Architects Planners and Cloz
Companies.

On the same day, the Thanh Hoa provincial
People’s Committee and the authorities of Seongnam city also inked a
MoU on their cooperation. Under the deal, the two sides will boost
cooperation in the fields of economics, ecology, culture, health,
sports, education, tourism, technology and infrastructure.

In 2013, the RoK city will send a delegation of planning experts to
help Thanh Hoa build the Lam Son – Sao Vang Hi-tech Park in Tho Xuan
district.

The two sides will speed up the signing of
cooperation agreements between their small- and medium-sized
enterprises, universities, and cultural and educational organisations.

Thanh Hoa ranks sixth in the country in attracting
foreign direct investment (FDI) with a total of 16 billion USD. At
present, the RoK has eight FDI and three ODA projects in the province.-VNA

By vivian