Opportunity for cooperation after Long An's successful working trip to Europe

The multi-day trip included a series of important activities to strengthen economic cooperation, promote trade and attract international investment, especially in the fields of clean energy, high technology and logistics. This is considered an important step for Long An to affirm its position as a pioneer in sustainable development and international integration.

Signing memorandum of understanding between German partners and Long An province

A new start for French enterprises in Vietnam

From November 11 to 14, the working program in France of the delegation focused on meeting major economic partners and attending the "Vietnam - France Trade and Investment Conference". The meetings took place in the capital Paris and key economic regions, creating opportunities for Long An to introduce its development potential and attractive investment environment to French enterprises.

Long An Provincial Party Secretary - Nguyen Van Duoc discusses with Mr. Christophe Bellanger - Vice President in charge of international affairs of CCI Paris Ile-de-France

Assessing the potential of Vietnam in general and Long An in particular, Mr. Christophe Bellanger - Vice President in charge of international affairs of CCI Paris Ile-de-France affirmed that the discussion with the leaders of Long An province was very useful, the province has a lot of potential to develop cooperation such as technology, green energy, renewable energy, etc. At the same time, he expressed his commitment to continue supporting Long An province to deploy and introduce the province's potential to attract the attention of French enterprises, helping them to invest in the province or export the province's products to the French market in particular and the European Union in general, strengthening the cooperative relationship between European partners and Long An province.

Vietnamese Ambassador to France - Dinh Toan Thang also assessed that French enterprises are very interested in investment opportunities in Vietnam, especially in provinces with large industrial park areas and favorable locations such as Long An.

The Ambassador emphasized that provinces such as Long An need to proactively create more favorable conditions to attract and retain French investors, including promoting administrative procedure reform, developing industrial park infrastructure according to sustainable green standards, and ensuring high-quality human resources.

These advantages will help Long An become an attractive destination, a reliable address, bringing practical value to French investors as well as contributing to the economic development of the locality.

Previously, the delegation worked with the Soletanche Freyssinet Group and surveyed the Metro Grand Paris traffic project to seek cooperation in the field of transportation with the leading French construction group.

2024 marks an important development step in the relationship between Vietnam and France when the bilateral relationship is officially upgraded to the level of Comprehensive Strategic Partnership. In this context, Long An province has made efforts to promote cooperation with French partners, taking advantage of the foundation of the relationship between the two countries to create favorable conditions for large investment projects.

Belgium – Clean energy is the foundation for sustainable development

From November 15 to 16, the Long An Provincial Delegation visited and studied the energy technology model at John Cockerill Group. The delegation worked with the Vietnamese Ambassador to the Kingdom of Belgium, the Vietnam Business Association in Belgium and the Belgium-Vietnam Alliance to explore cooperation opportunities in many fields, especially in the field of renewable energy.

Working with John Cockerill Group

At the John Cockerill Group Headquarters in Liege City (Belgium), the Group's leaders expressed special interest in the Mekong Delta, including Long An Province - a place with great potential for economic development, rich natural resources, and a favorable business environment.

Talking to the Group, Long An Provincial Party Secretary Nguyen Van Duoc expressed his welcome for John Cockerill's investment expansion plan in Vietnam, especially considering Long An as one of the potential locations. With outstanding capacity in the field of renewable energy and sustainable technology, the group is completely suitable for the green development orientation of the province. Long An can meet the conditions that the group is looking for, as the province is always ready to support to jointly build and form energy cooperation projects in the area.

After the working program in Europe, the two sides will have a working session in Long An in December to discuss in detail the cooperation plans, specify the orientations and conduct field surveys to assess the investment potential in Long An.

The delegation also had a series of effective bilateral working sessions with the Embassy of Vietnam in Belgium, the Vietnam - Belgium Alliance, and the Vietnam Business Association in Belgium. Organizations and association representatives all highly appreciated the development potential of Long An, while emphasizing the compatibility between the province's needs and the strengths of Belgian investors.

Vietnamese Ambassador to the Kingdom of Belgium and the Grand Duchy of Luxembourg - Nguyen Van Thao assessed Long An as a locality with great potential, a strategic location, and an extremely dynamic and open provincial government. The Ambassador informed that Belgian businesses with strengths in the fields of renewable energy, high-tech agriculture, semiconductor industry, healthcare, and logistics - can absolutely find long-term cooperation opportunities in Long An. The Ambassador also pledged to act as a bridge to promote connections between Belgian and Long An businesses.

Strategy for economic cooperation between Long An province and German enterprises

From November 17 to 20, Germany was the final destination of the delegation, where Long An achieved the most outstanding successes during this working trip. In Germany, the delegation attended the "Long An - Cologne Investment Trade Roundtable" and promoted meetings and exchanges with leading business organizations and investors in Germany.

At the conference, Dr. Philipp Rösler - former German Vice Chancellor, commented that the province not only has a strategic location but also has the ability to closely connect with international trade routes.

He emphasized that Long An possesses outstanding natural and artificial advantages, including a system of seaports, inland transportation and modern industrial infrastructure. These are key factors that foreign investors, especially from Germany, always look for when deciding to invest in a new market.

Mr. Peter Kompalla - Chief of the German Industry and Trade Delegation to Vietnam pointed out the favorable business conditions that Long An brings to German enterprises, the strong development of industrial parks in Long An, combined with the local government's focus on improving the investment environment, have created a special attraction. German enterprises, famous for their high standards in management and technology, consider Long An a potential locality to lay the foundation for long-term development.

The presentations all agreed that, with a focus on investment in the fields of processing, manufacturing and renewable energy, Long An has been positioning itself as a dynamic economic center of the Southern region, especially in the context of the transforming global economy to adapt to environmental and technological challenges.

One of the important highlights of the program was the signing ceremony of two memorandums of understanding with a total value of more than 80 million USD. The first memorandum was signed between the DEG fund of the German Reconstruction Bank and Royal Group on financing renewable energy projects in Long An, with an expected fund of over 50 million USD, with the goal of developing clean energy projects to meet the growing demand for electricity and ensure sustainable development in Long An.

The second memorandum was signed between Dong Tam Group and Quick Pack Group on expanding the scale of investment in the Southeast Asia Industrial Park to implement the project of building the largest high-quality packaging factory with a value of over 30 million USD.

The two memorandums signed at the conference not only had impressive numbers but also had great strategic significance in shaping the future of economic cooperation between Long An and Germany. Before that, the delegation also visited and surveyed the Quick Pack Group's factory in Cologne.

Long An Provincial Party Secretary Nguyen Van Duoc affirmed his determination to welcome German investors and expressed his desire to build an industrial park exclusively for German enterprises in Long An. This proposal received strong support and high consensus from leaders of associations and diplomatic agencies. The two sides will hold working sessions and commit to actively coordinate to materialize the determination to form a German industrial park in Long An as soon as possible. The conference ended successfully, opening up expectations for a sustainable cooperative relationship between Long An and German investors.

Long An Provincial Party Secretary - Nguyen Van Duoc pledged to create maximum conditions for European investors to invest in Long An

The European business trip of the Long An Provincial Delegation ended successfully, opening up great opportunities for local development. The important memorandums signed not only attracted strong investment resources but also laid the foundation for Long An to improve its technological level, improve environmental quality and raise people's living standards.

Long An Provincial leaders expressed their hope that, with determination and strategic vision, the province will make the most of these opportunities to affirm its position as a pioneering locality in sustainable development, becoming an important bridge between the international business community and the Vietnamese market. At the same time, from valuable lessons learned from developed countries, Long An aims to build a green, modern economy, actively contributing to the country's sustainable development goals./.

Currently, Long An is the home of 1,367 FDI projects from 41 countries and territories, with a total investment capital of over 12.5 billion USD, of which 15 European partners are investing in 72 projects and a total investment capital of over 1 billion USD.

By Truong Giang - Translated by Q. Thien

Source: https://baolongan.vn/canh-cua-hop-tac-rong-mo-cho-tinh-long-an-sau-thanh-cong-cua-chuyen-cong-tac-tai-chau-au-a186005.html