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South Korea leads in investment in industrial projects in Dong Nai

(DN) - On the morning of May 29, Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee Duong Minh Dung received and worked with the new Deputy Consul General of Korea in Ho Chi Minh City Kwon Tae Han. Also attending the reception were leaders of the Provincial People's Committee Office, departments, branches and sectors of the province.

Báo Đồng NaiBáo Đồng Nai29/05/2025

Vice Chairman of the Provincial People's Committee Duong Minh Dung (right) exchanged information at the working session on the morning of May 29. Photo: Ngoc Lien

Sharing about the operation situation as well as investment needs of Korean enterprises in Dong Nai , Mr. Kwon Tae Han said that Korea and Vietnam are making efforts to promote and develop the foundation of a comprehensive strategic cooperative relationship.

Among the provinces and cities of Vietnam, Dong Nai is a typical locality in attracting foreign investment with the attention and support from local leaders as well as departments, branches and sectors for investors, including Korean enterprises. Therefore, there are currently many Korean enterprises wishing to invest in Dong Nai.

Mr. Kwon Tae Han expects that after Long Thanh International Airport comes into operation, Dong Nai will have full transportation facilities with 5 main means of transport, and will become a center for logistics and smart industry development in the Southern region.

Scene of the working session on the morning of August 29
Scene of the working session on the morning of May 29. Photo: Ngoc Lien

Sharing information about Dong Nai's development policies and strategies in the coming time, Vice Chairman of the Provincial People's Committee Duong Minh Dung said that Dong Nai is one of the leading industrial development provinces in Vietnam. Up to now, Dong Nai province has 37 industrial parks established, of which 32 are in operation.

Vice Chairman of the Provincial People's Committee Duong Minh Dung presented a souvenir to the Deputy Consul General of Korea in Ho Chi Minh City. Photo: Ngoc Lien
Vice Chairman of the Provincial People's Committee Duong Minh Dung presented a souvenir to the Deputy Consul General of Korea in Ho Chi Minh City. Photo: Ngoc Lien

Korea is currently leading the countries and territories investing in Vietnam with 406 projects of investors, total capital reaching over 7.3 billion USD. Projects with Korean investment capital operate stably, have contributed a lot to the local budget, and have created jobs for more than 171 thousand people. Some Korean projects with large investment capital include: Hyosung Vietnam Co., Ltd., Hyosung Dong Nai invested in 2 projects with investment capital of over 1.8 billion USD; Posco VST Co., Ltd. 300 million USD; Chang Shin Vietnam Co., Ltd. 255.38 million USD (2 projects)...

With the motto "Government accompanies enterprises", Dong Nai province always encourages and creates favorable conditions for foreign enterprises to invest in the province, including Korean enterprises.

Along with economic development, Dong Nai province always pays attention to people-to-people diplomacy activities to contribute to enhancing understanding between the people of Vietnam and Korea in general and between Dong Nai province and Korean localities in particular. Dong Nai province established the Vietnam - Korea Friendship Association in 2016. Over the years, the Association has had many meaningful and practical activities and has become one of the important bridges in consolidating and fostering the friendship between Dong Nai province and Korea to develop further.

Ngoc Lien

Source: https://baodongnai.com.vn/kinh-te/202505/han-quoc-dung-dau-ve-dau-tu-cac-du-an-cong-nghiep-tai-dong-nai-c4a0b52/


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