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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.

ཧ 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

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