Trung informed his guest that Korean firms are investing in nine projects with combined registered capital of US$340 million in Can Tho, notably the US$171 million Teakwang Vina sport shoe factory and US$62 million Lotte shopping mall.
Can Tho has shipped rice, aquatic products and apparels to the RoK and imports materials, he said, adding that two-way trade remains modest, reaching just US$45 million last year.
While hailing Can Tho’s development potentials, Lee promised to promote cooperation between Can Tho and the RoK – the largest foreign investors in Vietnam – by introducing the city’s strengths to RoK investors.
He hoped that the city authorities will support a project launched in Can Tho last month to provide vocational training for repatriated Vietnamese brides and orientations for to-be-bride women before they come to the RoK.