During the visit and working session in Korea, on March 31, comrade Tran Duy Dong, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee visited and held talks with leaders of Chungcheongbuk province (Korea).
Receiving and working with the delegation of Vinh Phuc province were Mr. Kim Young-Hwan, Governor of Chungcheongbuk province and Mr. Lee Yang Seop, Chairman of the Chungcheongbuk Provincial Council.
Chairman of the Provincial People's Committee Tran Duy Dong and Mr. Kim Young Hwan, Governor of Chungcheongbuk Province.
Speaking at the meeting, Chairman of the Provincial People's Committee Tran Duy Dong informed about the socio-economic development situation of the province. He emphasized that Vinh Phuc province always strives to innovate and develop, improve the investment environment, and become a good land for investors. Enterprises located in the area operate effectively, create many jobs, and contribute positively to the development of the province, including many enterprises from Chungcheongbuk province.
Every year, the two sides regularly maintain delegation exchanges at all levels, through which the leaders of the two provinces promptly grasp information on the socio-economic development situation of each locality and have orientations for specific contents and friendly cooperation activities in each period to fully promote the potential and strengths of each side in friendly cooperation to serve socio-economic development; at the same time, contributing to fostering the good friendship between Vietnam and Korea in general.
As of March 15, 2025, Vinh Phuc province had 477 FDI projects with a total investment capital of 8.5 billion USD, of which Korea had 234 FDI projects invested in Vinh Phuc province with a total registered capital of 3.1 billion USD, leading the number of investment projects in Vinh Phuc province, including 4 enterprises in Chungcheongbuk province with an investment capital of about 360 million USD including: Jahwa Vina Co., Ltd., Power Logics Vina Co., Ltd., Power Logics Ba Thien Vina Co., Ltd. and Kyongil Optics Vietnam Co., Ltd.
Vinh Phuc province delegation and leaders of Chungcheongbuk province (Korea).
At the meeting, the Chairman of Vinh Phuc Provincial People's Committee proposed a number of contents such as: The two sides need to regularly maintain information exchange activities, exchange delegations of leaders at all levels to promptly provide each other with the socio-economic development situation of each side to have friendly cooperation policies suitable for each period. Regularly organize professional exchange activities, exchange experiences in state management work in each field. There are many meaningful programs, aiming to celebrate the 15th anniversary of establishing cooperative relations, 10 years of upgrading the "twinning" relationship between the two provinces.
Chungcheongbuk Province leaders affirmed that they will create favorable conditions for Chungcheongbuk Province enterprises to come to Vinh Phuc Province to explore opportunities and promote investment, production and business in Vinh Phuc. They hope that Vinh Phuc Province will create favorable conditions and policies for Chungcheongbuk Province enterprises to come to invest, produce and do business in Vinh Phuc.
On the same afternoon, Chairman of the Provincial People's Committee Tran Duy Dong and the delegation visited the production line and worked with the leaders of JAHWA Company Limited in Korea.
The provincial delegation visited the production line at JAHWA Company, Korea.
JAHWA Company Limited invested in a factory to manufacture and trade electronic components in Khai Quang Industrial Park (Vinh Yen city) in 2007 with a capital of about 50 million USD. Up to now, the company has continuously developed, creating jobs for about 3,200 workers. In 2024 alone, the company's revenue will reach about 157 million USD, making a significant contribution to the development of Vinh Phuc.
Comrade Tran Duy Dong hopes that through the working session, businesses will understand more about the investment environment and Vinh Phuc province, thereby exploring opportunities and continuing to implement investment and business projects in the province.
Vinh Phuc values the interests of enterprises, identifies enterprises as long-term reliable partners, as service objects, therefore, the province always gives investors friendly feelings and creates the best conditions for enterprises to invest, produce and do business effectively.
News and photos: PV
Source: https://baovinhphuc.com.vn/Multimedia/Images/Id/125964/Chu-tich-UBND-tinh-Tran-Duy-Dong-tham-va-lam-viec-voi-lanh-dao-tinh-Chungcheongbuk-province-(Korea)
Comment (0)