Cooperation agreements are exchanged (Photo: VNA) Long An (VNA) – Vice Chairman of the People’sCommittee of the Mekong Delta province of Long An Nguyen Van Ut has expressed determinationto develop ties with agencies, organisations and businesses of the Republicof Korea (RoK) following his working trip to the Northeastern Asian country from April22-26.
The trip yielded a number ofsignificant letters of intent, paving the way for future partnerships betweenVietnamese and Korean entities.
The province's delegation held talks with theGovernor of Jeju province, discussing the potential of socio-economic and cultural cooperationbetween the two localities, held working sessions with the Jeju Free InternationalCity Development Centre, Yooshin and Zenith groups.
A highlight of the trip was aconference held in Seoul specifically to promote investment opportunities inLong An. The event attracted over 100 Korean groups, showcasing Long An'spotential and development trajectory.
The delegation highlighted LongAn's attractiveness to Korean companies, citing its abundant opportunities andwell-developed industrial parks. They specifically focused on attractinginvestment in high-tech sectors like innovation, renewable energy andlogistics.
Strategically positioned, LongAn prioritises attracting investment in Industry 4.0, electronics componentmanufacturing, software, semiconductor industry, artificial intelligence, smarteco-city development, maritime port logistics services, border economy,high-tech agriculture, and renewable energy.
As one of Long An's major partners, the RoK nowranks 3rd out of 40 countries and territories investing in the province withover 975 million USD and 208 projects. This trend continued in the firstquarter of 2024, with Long An securing six new Korean projects valued at over26.4 million USD./.
