Representatives of the Korean Productivity Center cut the ribbon to open the education centre KPC-QTC in Ha Noi . — Photo Minh Huong

The Korean Productivity Center opened its education centre KPC-QTC in the capital city on Friday.

The centre will provide vocational training services, qualifications and certifications for Korean firms to boost productiveness in Viet Nam.

Roh Kyu Sung, chairman of the Korea Productivity Center, said: "Viet Nam is a country with high economic growth and is among the key countries in Korea’s Southern Policy so the centre would not only improve the productivity of Korean companies, but also to improve the same thing in Vietnamese firms by enhancing human resources and promote the competitiveness of Korean businesses and enterprises in Viet Nam."

Kim Han Yong, chairman of the Korean Business Association in Vietnam (Korcham) said: "The number of Korean firms in Viet Nam increased sharply, reaching 8,700 now and more in the future.”

Korcham’s president said with the role of capacity building and productivity development, KPC-QTC can help promote Korean training, sharing and transferring knowledge to Vietnamese partners, especially capacity building for staff in charge of productivity improvement.

Prior to opening the centre in Viet Nam, the Korea Productivity Center opened an education centre in Indonesia and expected to open one in the US in March next year.

Earlier this month, local media reported South Korea remains Viet Nam’s top investor with 8,190 projects with combined registered capital of US$65.7 billion, making significant contributions to Viet Nam’s core economic sectors such as electronics, energy, automobile, construction, services, among others.

Additionally, South Korea is also one of Viet Nam’s major trade partners with bilateral trade turnover of US$65.8 billion in 2018, and $44 billion in the first eight months of 2019.— VNS