Over the past time, Long An province has implemented many programs to develop cooperative relationships with Korean localities, organizations and enterprises in various fields, especially bilateral economic cooperation. The province organizes many provincial delegations to visit, work and promote investment in provinces and cities of Korea. As a result, Long An has cooperated with Korean localities such as Jeollabuk-do, signed thematic cooperation agreements and a memorandum of understanding on socio-economic development cooperation with Chungcheongnam-do province.
Long An organizes a conference to connect trade between provincial enterprises and Korean enterprises
Besides, FDI inflows from Korea into Long An province have continuously increased over the years. Existing Korean projects in Long An are also constantly expanding in project size and increasing investment capital. Currently, Korea is the 2nd country among nearly 40 countries and territories investing in the province with a total registered capital of over 870 million USD. This proves that Long An's investment environment has really created confidence in Korean businesses.
Most recently, on August 26, 2022, the Department of Planning and Investment of Long An province signed a memorandum of understanding with STS Development Joint Stock Company and MBC Playbe Joint Stock Company to promote investment and development of the Complex project. modern and advanced multi-function in Long An province.
At the conference, representatives of enterprises of the province and Korean enterprises exchanged and shared information on bilateral cooperation in various fields, understood the commodity consumption market as well as looking for opportunities. investment association, trade cooperation, product distribution between provincial and Korean enterprises,...
The Vice Chairman of the People's Committee affirmed that the province is determined to renew its thinking, change the working style and working style of the whole political system, with a consistent view of "seeing the people as the object to be served, consider enterprises as the driving force and resource for the development process"
Vice Chairman of the Provincial People's Committee - Nguyen Minh Lam emphasized that the conference has an important meaning, the premise continues to open up many cooperation opportunities between Long An province and Korean businesses in the coming time and is an important activity in the future. practical activities towards the 30th anniversary of the establishment of diplomatic relations between Vietnam and Korea. This event creates cohesion, exchange of information on investment projects and sign specific cooperation, thereby promoting investment cooperation of Korean investors in the province.
Vice Chairman of the Provincial People's Committee affirmed that the province is determined to renew its thinking, change the working style and working style of the whole political system, with the consistent view of "seeing the people as the object of service, consider enterprises as the driving force and resource for the development process". The locality is very respectful, always ready to welcome and create all the most favorable conditions for investors in general and Korean investors in particular to cooperate in investment, stable development and mutual success in Long An.
Signing a memorandum of cooperation
On this occasion, the Department of Industry and Trade of Long An signed a memorandum of understanding to cooperate with Market Bright Company and the Han Viet Economic Support Committee (KVECC) to invest in the project of establishing a commodity circulation and distribution center./.
Reported by Thanh My and Hoang Tuan
Translated by NT