Long An received and worked with the Vietnamese Trade Delegation and Singaporean Enterprises
Also attending the meeting were leaders of provincial departments and branches; Deputy General Director of IDICO Corporation - Phan Van Chinh. On the side of the Vietnamese Trade Delegation in Singapore, there was Head of the Vietnamese Trade Delegation in Singapore - Cao Xuan Thang.
At the meeting, delegates learned about the geographical location, potentials and strengths of Long An province. Deputy Director of the Department of Planning and Investment of Long An province - Tran Van Tuoi said that Long An has a very special advantage, with its location adjacent to Ho Chi Minh City and also the gateway to the Mekong Delta, so in the past year, attracting investment ranked in the top 10 nationwide.
Recently, the Provincial Competitiveness Index (PCI) ranked 2nd out of 63 provinces and cities nationwide, this is one of the very encouraging signs. Because of this ranking, Long An is favored by many investors, and especially today, we welcomed the Vietnamese Trade Delegation and Singaporean businesses to explore investment opportunities in the province.
Currently, Singapore is ranked 1st in investment capital among about 40 countries and territories that have investment cooperation in the province with 62 projects, total capital of over 4.2 billion USD, accounting for nearly 37.5% of total FDI capital and many large investment projects of Singapore have invested in Long An.
He hopes that the Vietnamese Trade Delegation and Singaporean businesses coming to explore investment opportunities in Huu Thanh Industrial Park as well as other industrial parks in Long An will receive many large projects in Long An.
Head of Vietnam Trade Office in Singapore - Cao Xuan Thang and representatives of Singaporean enterprises
At the meeting, the two sides exchanged and discussed a number of issues related to the investment environment and hoped that after the meeting, they would continue to open up opportunities for cooperation and development in the future.
In recent times, Singapore has not only welcomed domestic investment but also investment from many countries, including China. Singaporean enterprises investing in Long An mainly focus on the electricity, garment, processing and manufacturing industries of industrial and agricultural products; real estate business, freight transport, warehousing, factory leasing, etc.
Delegates take souvenir photo
After the working session, the delegation visited and surveyed some enterprises operating in Huu Thanh Industrial Park - Duc Hoa. It is known that Huu Thanh Industrial Park is the fourth destination of the delegation on this occasion to explore opportunities and expand investment in Vietnam in general and Long An in particular./.
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