26.7 C
Ho Chi Minh City
Saturday, June 22, 2024

Long An attracts S.Korean investments in high-tech industries

The Saigon Times

Must read

HCMC – The Mekong Delta province of Long An is actively seeking investments from South Korean businesses, particularly in high-tech industries and vocational training.

During a recent seminar aimed at promoting cooperation with South Korea, Nguyen Van Duoc, secretary of the provincial Party Committee, emphasized Long An’s advantages and conducive environment for business growth.

The province is positioning itself as an ideal destination due to its strategic location, skilled workforce, and commitment to sustainability.

The event, attended by former Vietnamese President Truong Tan Sang and former South Korean President Lee Myung-bak, provided a platform to showcase Long An’s potential. Lee and his business delegation toured Tan Tap and Nam Tan Tap industrial parks, both invested by Saigontel, a leading technology and telecommunications company.

As part of the event, Saigontel representatives introduced their low-carbon industrial park model, aligning with Vietnam’s goal of achieving net-zero emissions by 2050.

The delegation also explored opportunities in other promising sectors in Long An, including food processing, pharmaceuticals, and biotechnology.

South Korea is already a significant player in Long An, with 208 foreign direct investment (FDI) projects and nearly US$1 billion in pledged capital. Long An is ranked among Vietnam’s top 10 FDI destinations.

More articles


Please enter your comment!
Please enter your name here

Latest articles