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Updated : 10:55 AM, 11/26/2009
Vietnam urged to improve infrastructure, facilitate investments
Firms from the Republic of Korea (RoK) have asked Vietnam to improve its infrastructure along with creating better conditions for overseas investors.

Vietnam especially needs to improve its transport network including opening more direct international flight routes and increasing the number of domestic flights, said the RoK companies at a workshop on investment opportunities in Vietnam, held in Seoul on November 25.

The workshop, themed “Vietnam – an opportunity for investment in industry”, drew more than 170 representatives from the RoK’s business community plus investors, information agencies, trade promotions and investment organisations.

At the workshop, representatives from the Ministry of Industry and Trade and the Ministry of Planning and Investment gave presentations on the opportunities that Vietnam holds for potential investors.

Later, representatives from the northern provinces of Bac Ninh and Phu Tho called for closer ties in industry, particularly in engineering, transport services, education and training, mining for minerals and steel production.

During the workshop, the Kinh Bac Company from Bac Ninh province signed a contract worth US$30 million with a RoK partner to build a satellite factory for Samsung Electronics.

VOVNews/VNA
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