Business

Long An hosts meeting to help RoK businesses solve difficulties

The People’s Committee of the southern province of Long An on April 16 held a dialogue with enterprises from the Republic of Korea (RoK) to help them deal with difficulties and obstacles when doing business in the locality.
Long An hosts meeting to help RoK businesses solve difficulties ảnh 1Long An officials and representatives of Korean businesses talk to one another at the dialogue on April 16. (Photo: VNA)
Long An (VNA) – The People’s Committee of the southern province ofLong An on April 16 held a dialogue with enterprises from the Republic of Korea (RoK) to help them deal with difficulties and obstacles when doingbusiness in the locality.

At the event, Korean businesses raiseddifficulties facing them such as fire prevention and fighting procedures,construction permits, infrastructure construction support to indirectlyattract investment in hotels and resorts, and the establishment of Korean languagefaculties at universities and educational establishments in the province.

Ho Joong, Chairman of the Korean Chamber ofCommerce (KOCHAM)'s chapter in Long An, proposed local authorities consider establishinga specialised post-licensing support unit dedicated to FDI enterprises, and learnfrom the similar function of the RoK’s “After Service” system.

Kang Chunseok, CEO of the Korea Speed Vinacompany, suggested Long An review value added tax refund procedures by cuttingunnecessary ones, or simplifying them on a reasonable manner.

Speaking at the event, Secretary of theprovincial Party Committee and Chairman of the provincial People’s Council Nguyen Van Duocspoke highly of the role of Korean investors for economic development.

Chairman of the provincial People’sCommittee Nguyen Van Ut assigned tasks to each department and unit to help RoK firms solve obstacles.

The RoK is one of Long An’s largestpartners, ranking third among the 40 nations and territories pouring capitalinto the province with 208 projects worth 975 million USD. In the first quarterof this year, the province attracted six Korean-invested projects with a totalcapital of 26.4 million USD, accounting for 16% of its total FDI./.
VNA
#Long An #Republic of Korea #Korean businesses #KOCHAM #FDI #Korean-invested projects #Korean investors #updated Vietnam news #Vietnamplus #Vietnam News Agency Long An Korea (RoK)
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