Nghe An continues to call for attracting Korean investors
(Baonghean.vn) - On the morning of November 10, the Trade Promotion Agency - Ministry of Industry and Trade organized an online trade seminar "Connecting Vietnam - Korea investment".
The workshop was attended by representatives of leaders of ministries, departments, central agencies, promotion agencies, trade and investment of Korea and Vietnam, news agencies, press and especially the participation of nearly 100business, Korean investors at the bridge points of Seoul (Korea), Hanoi, Thai Binh, Nghe An and Kien Giang.
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| Overview of online bridge points in Nghe An. |
On the side of Nghe An province, the Nghe An Provincial Investment, Trade and Tourism Promotion Support Center was assigned by the Nghe An Provincial People's Committee to preside. Also attending were leaders of the Departments: Planning and Investment, Industry and Trade, Management Board.Southeast Economic Zoneand representatives of investors in industrial park infrastructure business in the area such as: VSIP Nghe An Co., Ltd., Hoang Thinh Dat Joint Stock Company, WHA Industrial Zone Nghe An Co., Ltd.
In the first 9 months of this year, despite the difficult context caused by the Covid-19 pandemic, trade and investment between Vietnam and Korea continued to increase: Trade turnover between the two countries reached 56.4 billion USD, up 18.7%, of which Vietnam's exports reached 15.9 billion USD, up 10.5% and imports to Korea increased sharply to 44 billion USD.
According to Mr. Lee Jong Seob - Chairman of KOTRA, Southeast Asia and Oceania, General Director of KOTRA Office in Hanoi, "Investment and cooperation activities between the two countries will recover and develop further in the coming time".
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| Nghe An continues to call for and attract Korean investors. |
ForNghe An, the province has been implementing many strategic measures to attract partners and investors from Korea to invest in the Southeast Economic Zone and existing industrial parks in the province, with preferential policies and favorable support for businesses and investors. Up to now, the province has 24 projects of Korean investors with a total registered investment capital of 160 million USD, focusing on the production of electronic components, garments, industrial production, etc.
In the coming time, the province will continue to prioritize calling for,attract investment, creating the most favorable conditions for foreign investors in general and Korean investors in particular to enter the province, especially investing in supporting industries, processing and manufacturing projects, high-tech applications, production of electronic equipment components, automobiles...
At the workshop, many Korean investors expressed their desire and interest in the investment incentive mechanisms and policies of Nghe An province; the situation of attracting investment in economic zones and industrial parks such as VSIP, WHA and Hoang Mai 1, 2. Many questions were related to labor costs, preferential policies on corporate income tax, land, investment procedures and logistics costs.../.