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. As a strategic partner in the legal and professional
services of Nemo Partners TMS, Mr Tuan Nguyen, the Managing Partner of ANT
Lawyers attended this meeting and personally sent congratulations to Lee
Sung-woo, CEO of Nemo Partners TMS and Da Nang IPA, including Mr Le Trung
Chinh, Vice Chairman of People’s Committee of Da Nang, Mrs Huynh Lien Phuong,
Vice Director of IPA.
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.
As
a strategic partner of Nemo Partners TMS in Vietnam, ANT Lawyers is a law firm
specializing in advising foreign investors to establish company in Vietnam,
advising on issues related to the implementation of contracts, intellectual property, labor, dispute resolutions.
The cooperation of IPA Da Nang and Nemo Partners TMS is an important step in attracting South Korean investors in Da Nang, leveraging on the advantages of Da Nang in terms of labor availability, strategic position, infrastructure, and improved public policy.
ANT Lawyers will continue to develop professional
relationship with IPA Da Nang and together promote Da Nang as an attractive
investment destination. ANT Lawyers with a team of lawyers and legal experts
have been working with Nemo Partners TMS to support Korean investors in
implementing successful investment projects in Vietnam.
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