At their recent meeting in Seoul, Vietnam Deputy Minister of Industry and Trade Tran Quoc Khanh and the RoK’s Deputy Minister of Trade, Industry and Energy (MOTIE) Park Ki-young agreed on four main orientations for the two ministries’ action plan to achieve the goal. At a meeting between the Vietnamese delegation and Korean side. Photo: baodautu.vn The orientations include intensifying RoK investment attraction; supporting RoK businesses in Vietnam; increasing the competitiveness of Vietnamese exporters and creating favourable conditions for them, especially those operating in the fields of garment and textiles, footwear, wood processing, agro-fishery, and food processing; and stepping up the transfer of technology from the RoK to raise the competitiveness of Vietnam’s automobile, garment, chemical, and manufacturing sectors. The action plan is expected to be signed by Vietnamese Minister of Industry and Trade Tran Tuan Anh and RoK Minister of Trade, Industry and Energy Sung Yun-mo during the latter’s Vietnam visit slated for late March or early April. Amid the coronavirus outbreak, Khanh said that his ministry is willing to support RoK enterprises which are facing difficulties in customs clearance of imports from China. For his part, Park affirmed Vietnam is the RoK’s important partner, and hoped that Vietnam… Read full this story
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