Cooperation - Investment

Hai Duong urged to enhance support for Korean enterprises

LAN NGUYEN – THANH CHUNG 07/05/2025 17:39

Ambassador of the Republic of Korea to Vietnam Choi Youngsam has called for Hai Duong province to enhance support for Korean enterprises and expand cooperation in high-potential sectors.

Đồng chí Bí thư Tỉnh ủy Trần Đức Thắng tiếp Đại sứ Hàn Quốc tại Việt Nam Choi Youngsam
Secretary of the Hai Duong provincial Party Committee Tran Duc Thang (right) receives Ambassador of the Republic of Korea to Vietnam Choi Youngsam

Secretary of the Hai Duong provincial Party Committee Tran Duc Thang hosted a reception for Ambassador of the Republic of Korea (RoK) to Vietnam Choi Youngsam on the morning of May 7.

Thang expressed his appreciation to the RoK Embassy and Ambassador Choi Youngsam for their continuous assistance in fostering connections and promoting cooperation between Hai Duong province and RoK partners.

The provincial Party Committee secretary shared key highlights of the province’s socio-economic development in recent years. Benefiting from a strategic location and favorable conditions, Hai Duong has actively promoted administrative reform, created favorable conditions, and promptly resolved emerging challenges for the business community, including RoK enterprises, to operate and thrive.

Quang cảnh buổi tiếp đón ông Choi Youngsam, Đại sứ Đặc mệnh toàn quuyền Hàn Quốc tại Việt Nam
A scene of the meeting

“The RoK is one of Hai Duong’s most important investment partners,” Thang confirmed.

At present, Hai Duong is home to 132 RoK projects with a total registered capital of approximately 1.55 billion USD, Thang said, adding that the RoK ranks first in the number of projects and third in terms of investment among all foreign investors in the province.

Many RoK corporations and businesses have been present in Hai Duong since the early days of foreign investment and operated efficiently, making significant contributions to the province’s socio-economic development, Thang elaborated.

The provincial Party chief expressed his hope that Ambassador Choi would introduce Hai Duong’s conditions, potential, and strengths in various fields, including young and abundant labor force and strong vocational training policies aimed at enhancing workforce quality, to more RoK corporations and businesses.

Đồng chí Bí thư Tỉnh ủy Trần Đức Thắng tặng quà lưu niệm cho Đại sứ Hàn Quốc tại Việt Nam Choi Youngsam
Secretary of the Hai Duong provincial Party Committee Tran Duc Thang presents a souvenir to Ambassador of the Republic of Korea to Vietnam Choi Youngsam

He also expressed Hai Duong’s desire to attract more high-tech and environmentally friendly projects to contribute to the province's sustainable development in the coming years.

Hai Duong has been investing in infrastructure and large-scale cleared grounds to welcome new investment projects. The provincial government remains committed to creating the most favorable conditions possible for investors to operate and expand their production in Hai Duong.

Ambassador Choi Youngsam thanked the provincial leaders for their attention to and support for RoK businesses operating in the province.

He noted with pleasure that 2024 marked the 20th founding anniversary of the friendly cooperation between Hai Duong province and the RoK’s Suwon city.

Lãnh đạo Công ty TNHH Hyundai Kefico Việt Nam phát biểu tại buổi làm việc
The leader of Hyundai Kefico Vietnam Co., Ltd. speaks at the meeting

Over the years, the two localities have carried out many activities to enhance exchanges, cooperation, and mutual learning, thereby strengthening mutual understanding and trust, and deepening the friendship between Hai Duong and Suwon, as well as between Vietnam and the RoK.

Ambassador Choi also informed Hai Duong leaders of key sectors where RoK enterprises excel and wished that the provincial leaders and relevant agencies would continue to support RoK companies in operating and expanding their investment in Hai Duong, especially in promising fields like agriculture, food processing, healthcare, education, and labor training.

At the meeting, a number of RoK businesses expressed their desire to expand production in Hai Duong with further support from the provincial authorities.

LAN NGUYEN – THANH CHUNG

LAN NGUYEN – THANH CHUNG