Long Year (VNA) – A conference was held at Mekong Delta Long An Province on August 29 to help strengthen business ties between local businesses and Republic of Korea (RoK) partners.
Officials and businesses in Long An have introduced local delicacies and products from the A commonOne Product Program (OCOP) to Korean companies.
The two sides also discussed issues related to import tariffs, pesticide residue levels and procedures for exporting agricultural products to the Republic of Korea.
Direct investment from the Republic of Korea in Long An has increased with a total registered capital of over $870 million, making the Republic of Korea the second highest among nearly 40 countries and territories investing here.
This proves that the local investment climate has won the trust of Korean companies, according to the provincial Ministry of Industry and Commerce.
Addressing the conference, Vice Chairman of the Provincial People’s Committee Nguyen Minh Lam said that Long An regards the difficulties and successes of enterprises as his own, so local authorities always create the best possible conditions for investors. Korean companies, which will also generate many cooperation opportunities for Long An. and Korean companies.
At the event, the Ministry of Industry and Commerce of Long An, the Market Bridge Group of the Republic of Korea and the Economic Support Committee of the Republic of Korea and Vietnam signed a memorandum of understanding on a project to create a center for the circulation and distribution of goods in the province./ .