Companies from the Republic of Korea (RoK) are upbeat on business opportunities in the Dung Quat Economic Zone located in central Quang Ngai province.
The RoK is one of the largest investors in the EZ. Most notably, Doosan Group has invested more than US$300 million to construct five factories specialising in producing steam boilers.
Korean Hanwha Group erected an asphalt factory in the EZ while Ulsan Industrial Centre investors recently announced plans to install state-of-the-art machinery and equipment in a modernised facility.
Le Van Dung, deputy head of the zone’s management board said they have gone to great lengths to support companies’ efforts to locate highest quality labour resources and get them in contact with vocational training schools in the province.
The province also hired a Japanese consulting agency to assist in planning the Dung Quat deep water port No 2 with a capacity to handle over 300,000 tonne container vessels, meeting the demand for development of the local heavy industry.
Other News
- Vietnam, China intensify cooperation on green growth, digital economy
- Hanoi's green industrial parks attract investment
- Vietnamese, Singaporean firms ink agreements to bolster economic relations
- Thang Long Industrial Park urged to streamline administrative procedures for manufacturers
- Vietnam leads top choice for global investors: Cushman & Wakefield
- Vietnam-Singapore III Industrial Park to be built in Binh Duong this month
- Vietnam Prime Minister approves three industrial parks
- Recruitment demand of foreign manufacturers surges in 2021
- New industrial project expected to lure high-tech investment in Thai Binh
- Vietnam draws US$6 billion in FDI to industrial and economic zones in H1
Trending
-
Vietnam's updated NAP: Progress in climate action
-
Vietnam news in brief - November 20
-
Prime Minister meets world leaders at G20
-
Hang Ma Street gears up for festive season
-
A Hanoi artisan turns straw into appealing tourism product
-
“Look! It’s Amadeus Vu Tan Dan” workshop - an artistic journey for kids
-
Vietnam news in brief - November 15
-
Experiencing ingenious spaces at the Hanoi Creative Design Festival 2024
-
Hanoi Festival of Creative Design 2024: celebrating the capital's cultural innovation