Strengthening Strategic Cooperation with South Korean Partners
As part of Party General Secretary To Lam’s state visit to South Korea, the Vietnam-South Korea Economic Forum was held in Seoul on August 12. The event gathered South Korean Prime Minister Kim Min-seok, high-ranking leaders from both countries, and over 400 leading businesses from Vietnam and South Korea, creating a vast networking space for localities and businesses.
Party General Secretary To Lam and South Korean Prime Minister Kim Min-seok attend the Vietnam-South Korea Economic Forum. Photo: VNA
The Gia Lai provincial delegation, led by Provincial Party Committee Secretary Ho Quoc Dung, along with Vice Chairman of the Provincial People’s Committee Nguyen Tu Cong Hoang and representatives from departments, sectors, and key enterprises, participated in investment promotion activities in South Korea from August 10 to 14, 2025. This strategic trip aimed to promote the province’s potential and strengths, seek partners, expand export markets, and attract high-quality investment capital.
Right at the forum, Gia Lai made a strong impression with a series of important Memorandums of Understanding (MOUs). Specifically, Phu My Investment Joint Stock Company signed an agreement with Eric C&C Co., Ltd. (South Korea) on cooperation in developing an automated port, applying smart logistics solutions, and digital infrastructure for Phu My Port, a strategic infrastructure project of the province.
Similarly, Viet Phuc Limited Company signed an MOU with Midas Holding Co., Ltd. on cooperation in developing a fruit preservation system, agricultural product processing, cold logistics chain, and expanding cooperation in the agricultural value chain. These agreements are not only economically significant but also open up new directions for applying high technology in production, processing, and transportation of goods in Gia Lai province.
Gia Lai – An Attractive Destination for South Korean Investors
Parallel to the activities at the forum, the Gia Lai delegation held several meetings and exchanges with large organizations and businesses in South Korea. Specifically, on August 13, Vice Chairman of the Gia Lai Provincial People’s Committee, Nguyen Tu Cong Hoang, worked with the Busan Chamber of Commerce and Industry (BCCI).
Secretary of the Gia Lai Provincial Party Committee, Ho Quoc Dung (fourth from right), presents souvenirs to KOBC leaders. Photo: Gia Lai Investment Promotion Center
BCCI Chairman Yang Jae-sang highly appreciated Gia Lai’s potential, advantages, and development orientation and affirmed his desire to strengthen cooperation in various fields, especially seaports, logistics, agricultural product processing, renewable energy, and smart city development.
Both sides agreed to establish regular communication channels and promote business delegations from Busan to survey and explore investment opportunities in Gia Lai. The BCCI leaders also invited Gia Lai province and businesses to participate in trade and investment promotion events organized by the chamber in the future.
Notably, BCCI recognized the potential for logistics connectivity between Busan Port and Phu My Port, along with the Phu My Industrial Park, which Gia Lai is focusing on investing in, considering it an opportunity for deeper cooperation in maritime transport, import-export, and supply chain development.
During the trip, Secretary Ho Quoc Dung and the delegation also worked with the Korea Ocean Business Corporation (KOBC) and Busan Port – strategic partners with strong financial potential and experience in operating seaports, logistics, international trade, and import-export support services. These meetings laid the foundation for large-scale cooperation projects in the future.
Asserting Its Position and Expanding Cooperation Opportunities
Gia Lai’s proactive and effective investment promotion activities at the Vietnam-South Korea Economic Forum affirmed the province’s growing prominence on the international investment attraction map. The signed agreements not only focused on strengths such as agriculture, logistics, and seaport infrastructure but also ventured into new industries aligned with sustainable development trends, including renewable energy and smart cities.
Vice Chairman of Gia Lai Provincial People’s Committee, Nguyen Tu Cong Hoang (2nd from left), presents souvenirs to BCCI. Photo: Gia Lai Investment Promotion Center
According to Ho Quoc Dung, Secretary of the Gia Lai Provincial Party Committee, the delegation’s trip to South Korea achieved several important objectives. Specifically, they promoted the province’s image, potential, and advantages; established strategic cooperation relationships with South Korean partners; and opened up opportunities to access advanced technology and high-quality capital sources.
With the commitment of accompaniment from South Korean organizations and businesses, Gia Lai expects to soon materialize cooperation projects, contributing to economic and social growth goals and gradually building Gia Lai into the logistics and agricultural product processing center of the Central Highlands region.
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