Vietnam to establish soon major industrial complex

Over 20 Korean enterprises producing power equipment worked with Vietnamese enterprises about investment cooperation & development yesterday in Ho Chi Minh City.

Many Korean enterprises suggested that Vietnam should soon set up a major industrial complex.

In fact, the investment to produce power equipment spends much more capital while the payback period takes long & meets high risk. In addition, the competition in this field is very fierce.

However, if the country sets up major industrial complex, Korean & Vietnamese enteprises will be able to strengthen the cooperative relations, building a strong supply chain for two sides.

A.Van-Translated by T.Tran

Other news


VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market