would increase their investment in the country, especially industries
with high-added value and modern technology-intensive industries.
The statement was delivered by Deputy Minister of Planning and
Investment Dang Huy Dong at a seminar, jointly held by his ministry, the
RoK Chamber of Commerce and Industry, the RoK Business Association and
the RoK Embassy, in Hanoi on September 29.
The
seminar focused on policies and opportunities for infrastructure
development investment within the public-private partnership (PPP)
framework and policies to encourage foreign investment in industrial
zones.
Deputy Minister Dong said the Vietnamese
government applauded the RoK foreign direct investment (FDI) flow in
Vietnam , which, he said, greatly contributes to the country’s
socio-economic development.
The RoK Ambassador Park
Seok Hoan expressed his belief on cooperative relations between the two
countries’ businesses, saying with an open investment environment,
Vietnam will become a more attractive destination for the RoK
investors.
By the end of August this year, the RoK
ranked 88 th among Vietnam ’s FDI providers with 2,605 projects
registered at 23 billion USD, according to the Ministry of Planning and
Investment.
The two governments have agreed to lift the biletaral relations to strategic partnership.
The RoK businesses have been involved in most of sectors in Vietnam
, from infrastructure, telecommunications and mechanics to real estate,
auto manufacturing, shipbuilding and restaurant services./.
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