link ae888

93 percent of Korean firms satisfied with investments in Vietnam

93 percent of Korean firms satisfied with investments in Vietnam: survey

Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam, according to a recent survey conducted by the Korea Trade and Investment Promotion Agency (KOTRA).
93 percent of Korean firms satisfied with investments in Vietnam: survey ảnh 1Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam. (Photo: VNA)

Hanoi (VNA) –
Up to 93 percent ofthe businesses from the Republic of Korea (RoK) are satisfied with their investmentsin Vietnam, according to a recent survey conducted by the Korea Tradeand Investment Promotion Agency (KOTRA).

The agency said Korean firms have high hopes forVietnam’s growth potential and highly evaluate the skills and diligence ofworkers.

Vietnam is considered a favourable investmentdestination, and the RoK’s wave of investment is continuing, KOTRA said.

It revealed that about 90 percent of the RoK-investedprojects are carried out by small-and medium-sized enterprises, focusing on theprocessing and manufacturing industry, garment-textile, and footwear.

According to Naturon Co., Ltd, an RoKgarment-textile company, Vietnam has posted high and stable economic growth formany years, and has a young and dynamic population.

It added that the RoK’s New Southern Policy hasdetermined the Association of Southeast Asian Nations in general and Vietnam inparticular as priority markets.

Since the Vietnam-Korea Free Trade Agreement(VKFTA) took effect in 2015, two-way trade has increased remarkably. 

Bilateral cooperative ties have been enhanced,not only in trade but also in investment and services.

The RoK’s investment has also expanded to otherfields such as retail, finance, green energy, agriculture, real estate, andfood processing.

Vice Chairman of the Vietnam Chamber of Commerceand Industry (VCCI) Vo Tan Thanh said the Vietnamese Government will focus onimproving policies to attract foreign investment while protecting thatinvestment and intensifying state management.

Vietnam will also offer preferential mechanismsfor projects that use modern and environmentally-friendly technology, he added./.


VNA

See more

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

♍ Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

♏ Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

ꦬ Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

♔ Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|