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South Korea Will Pfer More Than 100 Leather Shoes To Vietnam.

2014/10/23 10:13:00 30

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The small editor of the net tells us that South Korea will pfer more than 100 technology of leather shoes to the more enterprises.

According to Vietnamese media reports, in 2015, South Korea will pfer over 100 technologies to Vietnam's enterprises in such fields as machinery manufacturing, textile shoes, automobiles, electronics and so on.

The Ministry of heavy industry of the Ministry of industry and trade has just announced the pfer of 167 technologies from Vietnam to Vietnam.

This is an industrial auxiliary activity by the Ministry of industry and trade of Vietnam and the Korea trade Energy Industry Bureau.

According to the list, the technology pfer involves 53 major fields: machinery manufacturing (including technology), textile shoes (51 technologies), automobiles (35 items), electricity and electronics (28 items) and so on.

Among them, it is worth mentioning that a number of emerging technologies will be unveiled in Vietnam, such as polyester fiber production, pportation automation technology, mobile terminal capabilities, and chip substrate production technology.

According to Vietnam's Ministry of industry and trade, Vietnam and South Korea's imports and exports are complementary.

South Korea exported machinery, equipment, textiles, footwear, raw materials and accessories to Vietnam, and from Vietnam.

Imported

Aquatic products, textiles, footwear, wood products, agricultural products and other commodities.

At present, South Korea is regarded as one of the key markets in Vietnam.

Since the establishment of diplomatic relations between Vietnam and South Korea in 1992, especially in October 2009, the relationship between the two countries has been developing in an all-round way.

The bilateral trade volume increased from 500 million US dollars in 1992 to 27 billion 300 million US dollars in 2013, an increase of 53 times.

According to the customs and Excise Department of Vietnam, the bilateral trade volume between Vietnam and South Korea was more than US $18 billion in the first 8 months of 2014.

Among them, Vietnam's exports to Korea amounted to US $4 billion 400 million and imports amounted to US $13 billion 796 million.

In addition, the two Koreas are launching a free trade agreement (FTA) negotiations and are expected to be completed in 2014.

If FTA negotiations succeed, it will help to promote the rapid growth of bilateral trade volume.

The two countries strive to maximize bilateral trade volume by US $20 billion in 2015.

At present, Korean famous enterprises such as Samsung, LG, Hyundai, Doosan and Pohang iron making (POSCO) are pforming Vietnam into their global production base.

According to Vietnam investment and planning department data, in the first 9 months of 2014, the Vietnamese investment amounted to US $3 billion 350 million, which surpassed Japan as the largest investor in Vietnam.

So far, South Korea has been against Vietnam.

Investment

33 billion 400 million dollars.

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