Kang Boo Sung, consul general of South Korea in Danang City, discusses how Danang and its neighboring provinces in central Vietnam can attract Korean investors, particularly in high-tech industries The Saigon Times: Can you share your thoughts on cooperation and investment ties between South Korea and central Vietnam? Kang Boo Sung: Korean companies have made significant strides in central Vietnam, particularly in Danang. Dentium, a high-quality implant manufacturer, exemplifies this trend. It is currently the largest Korean investor in high-tech equipment in the city, having recently established a second factory at Danang Hi-Tech Park after its first plant was launched in 2019. Dentium’s expansion reflects the positive cycle fostered by Danang’s investor-friendly environment and Korean enterprises’ dedication to advancing technology. KP Aero Industries, another Korean company specializing in aircraft parts, is set to open a plant at the hi-tech park in the coming years. This investment is expected to play a crucial role in workforce development and contribute to Vietnam’s growing aviation and aerospace sector. In Quang Nam Province, Star Group Industrial (SGI), a rare earth magnet producer, will be a key player in promoting strategic cooperation in core minerals, an area of mutual interest agreed upon by leaders from […]
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