This event was the highlight of the series of foreign investment promotion activities in South Korea, organized by the Delegation of Long An Province, marking a new step forward in attracting high-quality investment capital from South Korea.
Commitment of Long An Province People’s Committee Chairman
The conference was attended by Mr. Vu Ho – Vietnamese Ambassador Extraordinary and Plenipotentiary to South Korea; Mr. Shing Choon Il, Consul General of Korea in Ho Chi Minh City; leaders of Long An and Dong Nai provinces.
The conference attracted nearly 150 delegates from leading Korean organizations and businesses, including technology, investment, infrastructure construction corporations, investment funds; Vietnamese and Korean press and media agencies also attended and reported on the event.
Chairman of Long An Provincial People’s Committee Nguyen Van Ut delivered the opening speech at the conference
In his opening speech at the conference, Chairman of Long An Provincial People’s Committee Nguyen Van Ut affirmed that South Korea is a major country that has established a strong investment relationship with the province. Korean enterprises have made significant contributions to promoting export growth, trade surplus, and overall socio-economic development of Long An province.
This conference is a special opportunity for Long An to introduce Korean organizations, businesses, and investors to investment opportunities. Long An has always highly appreciated and believed that with the strengths and experience of Korean enterprises, combined with Long An’s available potential, advantages, and a provincial government that is always dynamic, friendly, and strives to create an open, safe, and effective investment environment, these values will contribute to creating breakthrough success, ensuring the harmonious interests of both sides.
The Chairman of the Long An Provincial People’s Committee committed to always accompany businesses, fully apply preferential investment policies in accordance with regulations, prepare the necessary conditions to be ready to receive investment projects; administrative reform and legal support so that Korean businesses can feel more substantial when cooperating to invest in Long An as their second home.
Mr. Truong Van Liep, Director of the Department of Planning and Investment of Long An province, presenting on the province’s investment environment
In this conference, Mr. Truong Van Liep, Director of the Department of Planning and Investment of Long An province, introduced the potential, advantages, and development orientation and planning of the province to the Korean business community.
According to Mr. Truong Van Liep, Long An has an important strategic economic location, and the master plan was developed by a leading US planning consulting firm.
Accordingly, Long An will develop according to the model of 1 center – 2 corridors – 3 economic zones – 6 development axes. Based on the identified objectives and vision, the province prioritizes attracting investment in the fields of industry 4.0, electronic component manufacturing, software, semiconductor industry, artificial intelligence, smart ecological urban areas, logistics seaport services, border economy, high-tech agriculture, renewable energy.
At the same time, Long An invites investors to research and develop a high-quality labor training center project in the semiconductor field.
At the conference, the Long An Provincial Working Delegation listened to presentations on the experience, methods of building and developing industrial park infrastructure projects, green, net zero, carbon reduction, innovation and creativity complexes, science and technology from Korean experts.
Encouragingly, the conference received positive feedback from Korean investors as many businesses expressed their satisfaction with Long An’s favorable investment environment and agreed with the province’s development orientation, committing to continue researching, investing new and expanding investment in the province in the near future.
Opening a new stage of development
In order to acknowledge the achieved success of this business trip, within the framework of the conference, Long An province has awarded many important cooperation letters of intent with Korean organizations and businesses, such as: interest in cooperation between Long An province and JDC-Saigontel-Zennith on developing the high-tech zone; research on investment in environmental projects to develop a circular economy in Long An province.
This is an important foundation that opens up opportunities to welcome a wave of truly high-quality Korean investment into Long An province, especially in the fields of infrastructure development and high technology.
The Long An Provincial Working Delegation witnessed Vietnamese businesses in the province and South Korea exchanging cooperation letters of intent
At the same time, infrastructure enterprises accompanying the delegation and Korean enterprises also exchanged many letters of intent for cooperation in various fields regarding the pilot implementation of the green industrial park model, investment in environmental restoration facilities, investment in the development of the Vietnam – Korea Industrial Park, etc.
The Long An Investment Promotion Conference in South Korea marked the successful conclusion of the business trip of the Long An Provincial Working Delegation.
Through this working visit, many positive results were achieved, opening up a new stage of development for the strategic partnership and cooperation between Vietnam and South Korea and the cooperative relationship between Long An province and Korean agencies, organizations, and businesses.
