A view of Ha Nam province. — Photo hanam.gov.vn

The People’s Committee of Hà Nam Province organised a Memorandum of Understanding (MoU) signing ceremony between the province and the Việt Nam-Korea Friendship Association (KOVEA) on Monday.

Under the MoU, Hà Nam will provide a favourable business environment for Korean firms to do business in the province.

Both sides also committed to co-operating in developing tourism, industry, services, urban development and construction.

In addition, the association can open a Korean language centre at a Hà Nam-based school and establish a Korean cultural street in the province.

Meanwhile, on behalf of the Korean side, KOVEA will support the province’s delegation in investment promotion activities in country every year.

KOVEA’s chairman Kim Hyeon Uk said the association will be a bridge for socio-political organisations, businesses and residents from the two countries to promote friendly and co-operative relations in the fields of economy, culture and education.

Nguyễn Xuân Đông, chairman of the provincial People’s Committee, appreciated the support from KOVEA and asked the province’s Department of Planning and Investment and other related units to co-ordinate with the association to implement the MoU’s commitments. — VNS