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
- Hanoi seeks to attract high-tech projects to industrial parks
- 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
Trending
-
Vietnam, Switzerland upgrade bilateral ties to comprehensive partnership
-
Vietnam news in brief - January 21
-
Tet homework? Yes, but keep it light to avoid stress for students
-
Vietnam hosts first international lantern competition
-
Hanoi kicks off the Spring Calligraphy Festival in celebration of Lunar New Year
-
Hanoi’s central role means heightened responsibility in foreign affairs: Mayor
-
Hanoi revives historic Tet traditions in Duong Lam Ancient Village
-
AI set to drive Vietnam's economic growth in 2025
-
Two Vietnamese cities in Asia's top five destinations for digital nomads