Binh Dinh’s commitment to “joint development” with Korea

View of the seminar “Meet Binh Dinh – Korea 2022” – Photo: DUY THANH

The seminar is one of a series of activities of the event “Meet Korea 2022” held in Binh Dinh on May 12 and 13, towards the 30th anniversary of the establishment of diplomatic relations between Vietnam and Korea. National (December 22, 1992 – December 22, 2022).

New, deeper cooperation

Chairing the discussion (from left to right): Deputy Foreign Minister Nguyen Minh Vu, Ambassador of the Republic of Korea Park Noh-wan, Minister of Finance Ho Duc Phuc, Secretary of Binh Dinh Provincial Party Committee Ho Quoc Dung, Chairman of Binh Dinh Provincial People’s Committee Dinh Nguyen Phi Long – Photo: DUY THANH

Mr. Ho Quoc Dung – Secretary of the Provincial Party Committee, Chairman of the People’s Council of Binh Dinh Province – said that the seminar “Meeting Binh Dinh – Korea in 2022” is an opportunity to look back on the journey and cooperation relationship between Binh Dinh province and other countries. local and Korean businesses over the past time; This is an opportunity for the province to continue to introduce itself in order to further promote future cooperation.

Secretary of Binh Dinh Provincial Party Committee Ho Quoc Dung wants Korean businesses to invest in many fields in this province – Photo: DUY THANH

Deputy Foreign Minister Nguyen Minh Vu said that in 2021, Korea continues to be the largest investor in Vietnam with 9,265 valid projects, total registered capital of 78.6 billion USD; is the second largest ODA, tourism, and labor partner and the third largest trading partner with bilateral trade turnover reaching $78 billion.

He hopes the talk will bring useful information, practical concrete cooperation ideas, meeting the wishes of both sides, opening a new and deeper cooperation period between Binh Dinh and Korean partners.

And Ambassador Extraordinary and Plenipotentiary of the Republic of Korea in Vietnam Park Noh-wan believes that the meeting between Binh Dinh province and Korean businesses and public organizations will be followed by good results with Exchange and cooperation activities will be expanded in the future.

Commitment of Binh Dinh

Chairman of Binh Dinh Provincial People’s Committee Nguyen Phi Long and KOTRA General Director Ho Chi Minh Kim Kwan Mook sign a memorandum of understanding – Photo: DUY THANH

Along with introducing the potentials and advantages of Binh Dinh, Mr. Nguyen Phi Long – Chairman of Binh Dinh Provincial People’s Committee – committed: “Coming to Binh Dinh, businesses will not face any barriers because we are committed Strong results will support investors from forming ideas, looking for investment opportunities, to building projects and implementing operations quickly and efficiently.

Delegates from the Korean side at the seminar – Photo: DUY THANH

At the seminar, Mr. Shon Young Il – president of the Korea Industry and Trade Association in Central and South Vietnam – exchanged:

“Binh Dinh is one of the centers of the central economic belt that can revive the Vietnamese economy. If the province expands different policies such as being business-friendly and creating favorable investment conditions such as: ensuring a stable workforce, it will be of great help to Korean companies looking for new investment destinations.”

At the end of the seminar, Mr. Ho Quoc Dung believes that in the coming time, many Korean businesses and investors will come to Binh Dinh. “With the motto “always accompanies investors”, Binh Dinh province is committed to joining Korean businesses for long-term development,” Dung said.