Long An receive Vietnam Trade Delegation and Singaporean businesses

Long An works with the Vietnam Business Delegation and Singaporean businesses

Also participating in the working session were leaders of Long An departments and branches; Deputy General Director of IDICO Corporation - Phan Van Chinh; Head of the Vietnam Trade Office in Singapore - Cao Xuan Thang.

At the meeting, delegates learned about the geographical location, potentials and strengths of Long An province. Deputy Director of Department of Planning and Investment - Tran Van Tuoi said, Long An has a very special advantage, with its location adjacent to Ho Chi Minh City and also the gateway to the Mekong Delta. Therefore, in the past year, the province's investment attraction ranked in the top 10 in the country.

Recently, Long An's Provincial Competitiveness Index (PCI) ranked 2nd/63 provinces and cities in the country. This is a very encouraging sign, because of this ranking, Long An is favored by many investors.

Currently, Singapore ranked 1st in investment capital among 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.

He hopes that Vietnam Trade Delegation and Singaporean businesses will come to explore investment opportunities in Huu Thanh Industrial Park as well as other industrial parks and invest many large projects in Long An. 

Head of Vietnam Trade Office in Singapore - Cao Xuan Thang and representatives of Singapore businesses 

At the meeting, the two sides exchanged and discussed a number of contents related to the investment environment. It is hoped that this meeting will to open up opportunities for development cooperation in the future.

Recently, Singapore has not only welcomed domestic investment but also from many countries, including China. Singaporean businesses investing in Long An focus mainly on the electricity, garment, processing, and manufacturing industries of industrial and agricultural products; real estate, transportation, warehousing, factory rental, etc.

Delegates take souvenir photos

After the meeting, the delegation visited and surveyed some businesses operating in Huu Thanh Industrial Park. This is the group's fourth destination on this occasion to explore opportunities and expand investment in Vietnam in general and Long An in particular./.

By Ha Lan - Translated by Q. Thien

Source: https://baolongan.vn/long-an-tiep-va-lam-viec-voi-doa-n-thu-o-ng-vu-vie-t-nam-va-doanh-nghie-p-singapore-a176703.html