Deputy Prime Minister Nguyen Chi Dung called for clear commitments based on investor proposals, Vietnamese law, and balanced interests at a July 31 meeting to boost foreign direct investment (FDI) projects from the Republic of Korea (RoK) in strategic sectors such as semiconductors and energy.

Deputy Prime Minister Nguyen Chi Dung (C) speaks at the meeting.

The Deputy PM also highlighted the importance of these projects for Vietnam’s socio-economic development and its goal of achieving double-digit growth in the coming time.

At the meeting, leaders from the Ministries of Finance, Public Security, Foreign Affairs, Science and Technology, and Industry and Trade, along with representatives of localities expected to host Korean-invested projects, said that the proposed projects, projected to generate thousands of direct and indirect jobs and involve substantial investment, will help advance economic cooperation between Vietnam and the RoK.

Deputy PM Dung urged relevant ministries, agencies, and localities to agree on the importance of the projects and to review and clarify the legal grounds needed to support their effective implementation.

He tasked ministries and sectors with stepping up engagement with businesses to reach preliminary agreements on key commitments, including technology transfer, establishment of research and development (R&D) centres in Vietnam, workforce training, and support mechanisms.

For matters already delegated and decentralised, local authorities must act swiftly to resolve investment bottlenecks, making it easier for businesses to implement their projects effectively, thus bringing sustainable interests, he said.

Seminar highlights Viet Nam–RoK business cooperation opportunities in Hai Phong

Hai Phong is committed to facilitating foreign direct investment (FDI) enterprises in pursuing long-term, effective and sustainable operations locally, Permanent Vice Chairman of the municipal People’s Committee Le Anh Quan stated at a seminar held on May 20 to discuss opportunities and challenges for Vietnamese and Korean firms operating in the northern port city.

Vietnam looks for stronger cooperation with RoK in new era: Official

The Vietnamese Government pledged to create an open and transparent investment environment, accelerate administrative reforms, promote smart governance, streamline the state apparatus, and reduce intermediaries to make it easier for foreign enterprises, including those from the Republic of Korea (RoK), to invest and do stable and long-term business in Viet Nam.

Vietnam – key partner in RoK’s foreign policy: Korean FM

Welcoming Korean Minister of Foreign Affairs Cho Tae-yul on his first official visit to Vietnam in his new role, Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son said the trip will contribute to the substantive development of the comprehensive strategic partnership between the two countries amid complex and unpredictable global and regional situations.

 

Vietnam, RoK step up trade ties to aid businesses

Vietnam and the Republic of Korea (RoK) have agreed to boost cooperation in trade, industry and energy to support businesses amid global economic uncertainties.

Vietnamese pomelo officially hits shelves at Lotte Mart in RoK

Vietnamese pomelos officially debuted on the shelves of Lotte Mart supermarkets in the Republic of Korea (RoK) on April 10, marking a key milestone in the country’s journey toward agricultural integration and value-added exports.

Rok to recruit 1,000 skilled Vietnamese workers in welding and mould-making

Vietnam’s Centre of Overseas Labour (Colab), under the Ministry of Home Affairs, has announced the recruitment of 1,000 skilled workers to work in the Republic of Korea (RoK)'s manufacturing sector under the 2025 Employment Permit System (EPS).