Signing of MOU between Nemo Partners and IPA Da Nang on March 25th, 2019

 On March 25th, 2019, Nemo Partners TMS and Da Nang Investment Promotion Agency (IPA) signed a Memorandum of Understanding (MOU) for Investment Promotion into Da Nang.

A memorandum with supportive plan, investment promotion initiatives from South Korea into Vietnam and especially Da Nang, is an important step in investment cooperation between Vietnam and South Korea. In many recent years, South Korea is the largest investor in Vietnam and ranked 5th in Da Nang. With the advantage of a country with developed information technology and entertainment industry, Korea has conducted research and found investment opportunities in these areas in Vietnam. In particular, Da Nang has the advantage of being a coastal city, prioritizing the development of tourism and high-tech development, which is evaluated as a favorable investment market for Korean investors.

Nemo Partners TMS has been consulting for medium-sized enterprises in Korea to enter Vietnam and promote investment projects in Da Nang, such as the project of smart parking, a winter theme park project to serve the needs of the city.

General Disclaimer: This article is for general information only and does not constitute legal advice. Vietnamese laws change often, so please check the current regulations before relying on it.