Business

Korean firms interested in investing in Long An

Authorities of Long An southern province held a working session with a delegation from Yangsan city, Gyeongsangnam-do province of the Republic of Korea led by Mayor of Yangsan city Na Dong-yeon on February 15.
Korean firms interested in investing in Long An ảnh 1At the working session (Photo: VNA)

Long An (VNA) – Authorities of Long An southern province held a working session with a delegation from Yangsan city, Gyeongsangnam-doprovince of the Republic of Korea led by Mayor of Yangsan city Na Dong-yeon onFebruary 15.

Chairman of the provincial People’s Committee Nguyen Van Utintroduced the province’s location and advantages in investment and industrialdevelopment.

The RoK now ranks second among nearly 40 countries andterritories investing in Long An with over 200 projects worth nearly 940million USD. In 2022 alone, the RoK invested in six new projects valued at over122 million USD.

Secretary of the provincial Party Committee and Chairman of theprovincial People’s Council Nguyen Van Duoc said Long An will always offerall possible support to investors and firms to learn about its investmentenvironment. He pledged to address difficulties to help them develop productionand trade.

Mayor Na wished that the provincial authorities would continuecreating conditions and incentives for Korean firms to do business there.

On the occasion, Chairman Ut and Mayor Na signed a Memorandum ofUnderstanding on cooperation in expanding exchanges in the fields of industry,electronics, economy, trade, culture, education, science, sports and health; and another MoU between the Korean Chamber of Commerce and Industry’s Long An branchand Yangsan city’s Chamber of Commerce and Industry./.

VNA
#Long An province #Vietnamplus #Vietnam News Agency #Mayor of Yangsan city Na Dong-yeon #Korean Chamber of Commerce and Industry Long An Korea (RoK)
Follow VietnamPlus

Related News

Vietnam – RoK culture exchange takes place in Da Nang

Vietnam – RoK culture exchange takes place in Da Nang

A culture exchange programme to celebrate the 30th founding anniversary of the diplomatic ties between Vietnam and the Republic of Korea (RoK) (December 22, 1992 – 2022) was held at the Vietnam-Korea University of Information and Communication Technology (VKU), Da Nang University, on December 19.

See more

Deputy Prime Minister Nguyen Van Thang speaks at the forum. (Photo: vneconomy.vn)

Vietnam pivots to selective, high-quality FDI attraction for sustainable growth: Deputy PM

The FDI sector remains a key pillar of Vietnam’s economy, with more than 46,500 valid projects and total registered capital exceeding 543 billion USD so far. Disbursed capital has reached around 357.6 billion USD. The FDI sector contributes over 20% of GDP, accounts for around 70% of total export turnover, and creates jobs for millions of workers. Vietnam continues to rank among ASEAN’s leading FDI destinations despite global investment slowdowns.

Customs officers inspect vehicles and imported goods at the Huu Nghi International Border Gate in Lang Son province. (Photo: VNA)

Customs intensify crackdown on counterfeit goods, trade fraud

The customs sector has identified the fight against smuggling, trade fraud, counterfeit goods and intellectual property violations as a key task. Customs units nationwide have stepped up inspections and supervision of import-export activities along major routes and at key checkpoints.

Workers process clams for export at the factory of Thanh Hoa Fishery Import-Export JSC in Thanh Hoa province. (Illustrative photo: VNA)

Vietnam notifies WTO committee of goods origin management reforms

The information presented by Vietnam attracted attention from others WTO members amid global efforts to accelerate the digital transformation of import – export procedures and improve the implementation of rules of origin to enhance supply chain adaptability.

A Petrolimex worker refuels a motorbike. (Photo: VNA)

Energy imports surge in first quarter of 2026

Data from Vietnam Customs shows that the country spent approximately 2.93 billion USD importing nearly 3.37 million tonnes of petroleum products in the first quarter of 2026, an increase of 77.8% in value and over 44% in volume compared to the same period last year.

A perspective of the Quang Ninh 1 Wind Power Plant project (Photo: Quang Ninh provincial Department of Construction)

Quang Ninh gives nod to first offshore wind power plant

The project is expected to have a designed capacity of 50 MW and will be implemented in nearshore waters of the Co To special zone. It will be the first offshore wind power project in the province, playing a pioneering role in tapping Quang Ninh’s abundant renewable energy potential.

Viettel launches the Unitel Logistics brand in Laos. (Photo: VNA)

Vietnamese firms expand global footprint

The Government recently approved the “Go Global” programme for 2026-2030, which identifies the private sector as a key driving force in Vietnam’s international expansion process. It aims to help Vietnamese private enterprises strengthen their overseas presence in a comprehensive, effective and sustainable manner through international investment, business activities and deeper integration into regional and global supply and value chains.