Thua Thien Hue – An Attractive Destination for Korean Investors

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The Korea Chamber of Commerce and Industry – KCCI said that Vietnam in general, Thua Thien Hue in particular, is currently an attractive destination for Korean investors to come and set up business in Vietnam.

On November 2nd, the delegation of Thua Thien Hue province led by Chairman of the Provincial People’s Committee has met with the Korea Chamber of Commerce and Industry (KCCI).

At the meeting, the Chairman of the Provincial People’s Committee has introduced the overview of Thua Thien Hue to KCCI leaders. Accordingly, Thua Thien Hue is a center of culture, tourism, health, education, science and technology. Thua Thien Hue has a complete education system with 9 universities, Korean language departments, vocational schools; young population.

The province now has 6 industrial zones and 1 sea economic zone named Chan May Lang Co, developing in urban, tourism, industrial and seaport. Thua Thien Hue is developing infrastructure, training human resources to attract investors from Korea. Moreover, the province is upgrading and expanding airport in order to promote direct flights to Korea.

Thua Thien Hue has many cooperation with Korea in the fields of planning, healthcare, tourism and industry. Thua Thien Hue province also hopes to continue to strengthen cooperation with Korean enterprises in these fields.

On the side of KCCI, the cooperation between Korea and Vietnam, including Thua Thien Hue, is developing well. The Government and Korean businesses are very interested in Vietnam. Vietnam in general, Thua Thien Hue in particular is really an attractive destination for Korean investors. Korea has many experiences in building and processing water reservoirs. Korea is also researching water treatment systems in the lakes in Thua Thien Hue, especially in the Hue citadel. Hopefully, Korean businesses will continue to invest in Hue in the near future.

Finding the right business partner in Vietnam is also important. We recommend doing research on the reputation of the company and individual shareholders, corporate or individual, gathering publicly available company information, and performing background checks on key personnel to find potential risks in cooperation. Working with a reliable partner can help achieve economic benefits, saving time and money in business.

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