Trade connection between Long An enterprises and Korean ones

Over the past time, Long An province has implemented many programs to develop cooperative relationships with Korean localities, organizations and enterprises in various fields, especially bilateral economic cooperation. The province organizes many provincial delegations to visit, work and promote investment in provinces and cities of Korea. As a result, Long An has cooperated with Korean localities such as Jeollabuk-do, signed thematic cooperation agreements and a memorandum of understanding on socio-economic development cooperation with Chungcheongnam-do. 

Long An organizes a conference to connect trade between provincial enterprises and Korean ones

Besides, FDI inflows from Korea into Long An province have continuously increased over the years. Existing Korean projects in Long An are also constantly expanding in project size and increasing investment capital. Currently, Korea is the 2nd country among nearly 40 countries and territories investing in the province with a total registered capital of over USD 870 million. This proves that Long An's investment environment has really created confidence in Korean enterprises.

Most recently, on August 26, 2022, the Department of Planning and Investment of Long An province signed a memorandum of understanding with STS Development Joint Stock Company and MBC Playbe Joint Stock Company to promote investment and development of the modern and advanced multi-function Complex project in Long An province.

At the conference, representatives of provincial enterprises and Korean enterprises exchanged and shared information on bilateral cooperation in various fields, explored the commodity consumption market as well as study investment opportunities, commercial cooperation, product distribution between provincial and Korean enterprises, etc.

Vice Chairman of the Provincial People's Committee - Nguyen Minh Lam affirmed that the province is determined to renew its thinking, change the working style and working method of the whole political system, with the consistent view of "considering the people as the object to be served, considering businesses is the driving force and resource for the development process”

The Vice Chairman of the Provincial People's Committee affirmed that the province is determined to renew its thinking, change the working style and working method of the whole political system, with the consistent view of "considering the people as the object to be served, considering businesses is the driving force and resource for the development process”. The locality is very respectful, always ready to welcome and create all the most favorable conditions for investors in general and Korean investors in particular to cooperate in investment, stable development and mutual success in Long An. 

A memorandum of cooperation is signed

On this occasion, Long An Department of Industry and Trade signed a memorandum of understanding to cooperate with Market Bright Company and the Korea Vietnam Economic Support Committee (KVECC) to invest in the project of establishing a commodity circulation and distribution center./.

By Staff – Translated by Duc TamSource:  https://baolongan.vn/ket-noi-giao-thuong-giua-doanh-nghiep-long-an-va-doanh-nghiep-han-quoc-a140812.html