Authorities in the Mekong Delta’s Long An province have called on South Korean businesses to boost their investment in the province.

A delegation from Long An held a working session with leaders and members of the Korea Federation of SMEs (KBIZ) in Seoul on September 27.

A leader from KBIZ said they believe there will be more activities held to connect and cooperate with Long An to create the necessary conditions and develop the policies needed to support South Korean SMEs investing in Vietnam and Long An.

South Korean businesses prefer to make long-term investments and expand production and trade in Vietnam, according to KBIZ.

The delegation has worked with authorities at different levels to develop policies for South Korean SMEs to boost trade with Southeast Asian countries, including Vietnam.

Long An hopes to cooperate with KBIZ and invite its members to invest in fields such as high technology, electronic equipment and component production, semiconductors, AI, supporting industry, manufacturing and processing, smart city development, seaport services, import and export services, logistics, high-tech agriculture, and renewable energy.

There are over 200 South Korean projects in Long An, ranking the country second in project numbers in the province and third in investment, which is estimated at nearly $1 billion.