Over the years, Phu Tho province and Hwaseong city has mutually made efforts, co-established and developed cooperation between the two localities, focusing on economy, education-training, culture, sport, tourism. In recent, the number of projects invested by the Korean enterprises has been increasing in quantity, investment capital and scale of manufacture. Currently, Phu Tho province has received 69 Korean financed projects, occupying 85% out of the FDI projects in the whole province. It can be said that investment by Korean business has made a great contribution to the provincial socio-economic development, especially creating jobs for thousands of local laborers and generated a remarkable return into the provincial budget.
On execution of the signed bilateral association commitment, a number of cadres, officials from the two sides have been assigned to study and exchange experience, after that turning back for serving their province. External activities between the two localities are kept and nourished by mutual visits and working business, sessions, discussions on proposal of building up the diversified, practical diplomatic relationship between Phu Tho province and Hwaseong city.
Inheritance and development of the friendship association, in January 2014, a delegation from Hwaseong City Parliament Council led by Mr. Ha Man Young – Chairman of Parliament Council visited and worked with Phu Tho province so as to improve the bilateral ties.
Phu Tho provincial leaders being taken memorial photos in Hwaseong - Korea
After the official business of Korean delegation in Phu Tho province, on the invitation of Mr. Chae In Seok – Mayor of Hwaseong city – Korea, Phu Tho delegation led by comrade Bui Minh Chau – Provincial Party People’s Assistant Secretary paid a visit and worked in Korea and Hwaseong city from November 08 to November 11, 2014. This visit continuously promotes the good friendship between the two sides; besides, creating new business opportunities, attracting Korean investors into the province.
Following with the agenda, the delegation visited and worked with Hwaseong city’s government in the warm greeting from Mr. Chae In Seok – Mayor of Hwaseong city, Mr. Park Chan Sang – Chairman of Parliament Council and other seniors of the city. Meeting with Hwaseong city’s leaders, comrade Bui Minh Chau – Assistant Secretary congratulated and conveyed the felicitation from Provincial Party Secretary comrade Hoang Dan Mac and Chairman of PPC comrade Chu Ngoc Anh to Mayor on the occasion of his newly re-election for the next tenure. In the working session, the two sides shared each other’s socio-economic status, overviewed the achievements in the cooperation process for nearly 10 years of relation establishment from 2005 to now. Accordingly, Phu Tho representatives proposed to accelerate association aspects in various fields of economy, commerce, culture, education – training, laborers, assignment of cadres and offices to boost cultural and language exchange between the governments and people of the two countries, building up a higher level for bilateral ties. Enjoying the advantages of geography, transport, maritime port, especially where to base many headquarters and production facilities of huge economic groups as Samsung, Huyndai, Kia…. Hwaseong has become one of the most developed cities of Korea. In awareness of economic growth potentials, comrade Bui Minh Chau proposed Hwaseong city’s leaders to introduce Korean enterprises to invest in industrial parks in Phu Tho province, moreover, he affirmed favorable conditions to be created for Korean businesses to invest in the province. In conclusion of the meeting, on behalf of the delegation, he made a respectful invitation to City Mayor and Chairman of Parliament Council and Korean business in Hwaseong to visit and survey investment opportunities in Phu Tho province. Mr Chae In Seok accepted and promised to pay a visit with Korean businesses to Phu Tho province in a soonest time.
Also on this occasion, Phu Tho delegation visited and worked with some groups, enterprises, economic facilities in Seoul capital and Hwaseong for invest promotion such as Saman Corporation – the leading company in engineering and consultancy, who was first ranked in engineering and consultancy in Korea 2011; Keangnam Enterprises – the leading company in construction in Korea with international reputation; Samsung Museum and JeongGok Port.
The official business of the delegation in Hwaseong city – Korea ended with great success on desire to receive warmly-hearted interests from Hwaseong’s government and people for Phu Tho province, and deeply expected further bilateral cooperation in the wholly sustainable development for the sake of optimizing a diplomatic relation between Vietnam and Korea.