The Vietnam Chamber of Commerce and Industry (VCCI) and the Seoul Businesses Association (SBA) jointly held a meeting in Hanoi on October 2 to seek further opportunities for co-operation between Vietnam and the Republic of Korea’s enterprises.

Addressing the function, Deputy Head of VCCI’s International Relations Department, Pham Quang Thinh, praised the excellent prospects of the two countries’ co-operation in economic, trade and investment areas in the future.

He said he believes that Vietnam will continue to be a potential and sustainable market for RoK’s investors and businesses and that the SBA would help to attract more businesses wishing to invest in Vietnam and import its products.

The move will contribute to promoting relations on trade, import-export and investment that the two countries’ governments attach great importance to, he added.

The RoK is one of Vietnam’s leading partners and its co-operative and trading relations with Vietnam have been steadily developing over recent years.

In the first six months of 2008, the RoK’s recorded a total of US$3 billion in exports to Vietnam, with total imports from Vietnam reaching US$1 billion.

By the end of 2007, the RoK took the lead among 55 countries and territories investing in Vietnam with a total registered capital of US$5.3 billion.

The RoK’s business delegation attending the meeting includes providers of online gaming software, security devices and solutions and pharmaceutical products. (VNA)