Danang makes MOU with Korean company

(Engineering daily) Nguyen Anh Duong = Danang Investment Promotion Agency has signed a memorandum of understanding to co-operate with Nemo Partners TMS from South Korea to promote investment in the city.

Nemo Partners TMS specialises in strategic consultancy, human resources, business, and technology with a wide network of Korean companies and partners. The company is currently present in seven countries, including the US, China, Vietnam, Myanmar, Cambodia, Libya, and the United Arab Emirates.

Speaking at the signing ceremony, Le Trung Chinh, Vice Chairman of the Danang City People's Committee, said that Korean enterprises and investors were ranked fifth among countries investing in the city with a total capital volume of approximately $310 million.

This number, however, is still inadequate, so he invited Nemo Partners Company to bolster efforts, helping to connect big and enthusiastic investors to Danang city and vowed to provide favourable conditions to Korean businesses.