In recent years, Korea has always been the number one investor in Vietnam. With the upgrading of the relationship to a comprehensive strategic partnership in 2022, Vietnam - Korea investment cooperation is expected to enter a new period with an explosion of projects in supply chain of applications, high technology, etc.
In Da Nang, Korea had its first investment projects in the 1990s. Up to now, Korea is one of the 5 countries and territories with the highest number of projects and investment capital. into the city. Korean businesses and investors invested in 268 projects with a total registered investment capital of about 362 million USD. Some outstanding projects of Korean businesses and investors including Dentium Company's ICT Vina medical equipment factory in Da Nang Hi-Tech Park, Solution Research Center developing car components of LG Group, Lotte Da Nang Trade Center, etc. Therefore, Korea is considered a key investment attraction market for Da Nang city.
At the reception and working session, Ms. Huynh Lien Phuong, Director of the Investment Promotion Agency, introduced the city's investment environment as a city with an important strategic location and concurrently developed infrastructure. with seaports, international airports, quality of labor resources and favorable living and working environment. The projects that Da Nang city hopes to attract investment from Korean investors are high-tech, information technology, and logistics projects. She hopes to promote cooperation with Gangwon province not only in the economic field but also in other fields, and pledges that the Investment Promotion and Support Board will be a reliable place to support investors. Korean investor in the process of researching, establishing and operating its project in Da Nang.
The meeting between IPA and Gangwon delegation
Mr. Kim Gicheol, Chairman of the Economic and Industrial Committee of Gangwon Province and delegation members had questions related to the investment process in Hi-Tech Park and industrial parks in Da Nang, expressing their desire to Investing in Da Nang in areas that are Gang Nam's strengths such as biomedical technology, biology, health, semiconductors, etc.
It is known that the Gangwon Provincial Economic and Industrial Committee is a unit under the Gangwon Provincial Council. The Committee has the function of proposing and advising on related issues under the authority of the Department of Economics, Department of Industry, Department of High Technology Development and East Coast Free Economic Zone Authority of Gangwon province. Regarding Gangwon Province, it is a province in the Northeastern region of Korea. There are many companies and large corporations that have factories manufacturing electronic components in Gangwon province such as: Samsung Electronics, LG Innotek, Autonics, N-Tronics, etc. This is one of the key manufacturing fields, making a major contribution to the local economy. Gangwon is also a famous tourist destination of Korea with many scenic spots such as Seoraksan peak, Alpensia resort, Gyeongpo and Jeongdongjin beach areas.
The delegation of Gangwon and the representative of IPA Da Nang
IPA Đà Nẵng
