That information was published at the seminar "Korean Business Dialogue on investment facilitation and business in the Central region - Central Highlands", took place on the afternoon of December 8, in Da Nang, by the Investment Department. foreign countries - Organized by the Ministry of Planning and Investment. The seminar aims to provide Korean businesses and investors with complete and up-to-date information on the environment and investment opportunities in the Central and Central Highlands regions of Vietnam. Investment capital from Korea continued to increase In 2020, the COVID-19 epidemic happened unexpectedly on a global scale, and had a serious and profound impact on the world economy. However, Vietnam has proactively responded successfully to the pandemic and has made important achievements to maintain economic development, social stability, and become one of the very few economies in the world. maintaining a positive GDP growth rate (expected 2 - 3%). According to the Foreign Investment Agency, while the global foreign investment inflows are forecast to decline by 40% in 2020, attracting foreign investment into Vietnam in the first 11 months of 2020 is still positive, reaching 26. , 43 billion USD, in which Korean investors have a total registered capital of more than 3.7 billion USD (ranked second after Singapore). This shows that Vietnam remains an attractive, safe and reliable investment destination for foreign investors. Particularly for Korea, this is the largest FDI partner in Vietnam, accounting for 18.5% of the total FDI capital of the country, contributing more than 25% of the total export value and gradually building up strategic supply chains. strategy in Vietnam. In addition, Vietnam is currently the leading economic cooperation partner in the New South Policy, Korea’s largest economic partner in the ASEAN region. DSCF2793 Workshop "Korean business dialogue on investment facilitation and business in the Central region - Central Highlands" held in Da Nang. For the Central region - Central Highlands, in the first 9 months of 2020, Korea is the leading partner in total registered investment capital in the region, reaching 79.41 million USD with 23 newly registered investment projects. . Processing and manufacturing, Technical activities, Accommodation - Food and Beverage services are the areas attracting a lot of attention from Korean partners in this area. Up to now, the Korean partner has invested 368 projects in the provinces and cities of the Central region - the Central Highlands with a total registered investment capital of 4.38 billion USD, accounting for 16.96% of the whole region. sector (ranked second after Singapore). Currently, Korean businesses are present in most of the strong industries and fields of the Central and Central Highlands regions such as heavy industry, real estate, tourism, textiles, manufacturing and processing. industrial park infrastructure investment and processing ... Mr. Vu Van Chung, Deputy Director of the Foreign Investment Department, said that Vietnam has promptly adjusted the implementation of the dual goal of "fighting against epidemics, but still ensuring economic development". Since then, it has created favorable conditions for nearly 20,000 business leaders and foreign experts to safely enter Vietnam, most of which are leaders of Korean corporations and experts coming to Vietnam to work. ensure investment, production and business activities. A bright spot for Korean investors The Central - Central Highlands has a strategic location, equidistant from the two largest economic centers, Hanoi and Ho Chi Minh City, right on important national traffic axes with a full range of roads and roads. rail, sea and air, connecting the East-West Economic Corridor (1,450 km), gateway to the East Sea of ​​the Greater Mekong Subregion (GMS) countries, ensuring smooth trade with other economic regions, ASEAN countries and Northeast Asia. DSCF2764 Mr. Vu Van Chung, Deputy Director of Foreign Investment Department - Ministry of Planning and Investment. In addition, this area possesses many diverse and rich resources of land, sea, islands, agriculture, forestry, fisheries, and minerals; Young, abundant human resources with low cost and good workmanship, the system of university and college training and vocational training is quite complete. In particular, there is currently 1 high-tech park (Da Nang), a series of seaports, international airports (Da Nang, Cam Ranh, Phu Bai ...), 7 national economic zones associated with deep-water ports and 59 industrial parks with completed infrastructure, ready to meet the needs of investors. In addition, the Central - Central Highlands also has the advantage of developing tourism and real estate with a series of world natural cultural heritages, many of the most beautiful beaches and bays on the planet (Da Nang, Nha Trang, Lang Miss…). With such outstanding potentials as above, combined with new "strengths" such as Trade and Investment Agreements between Vietnam and many countries and partners in the world (EVFTA, EVIPA, CPTPP, VKFTA ...) , investment incentive mechanisms and policies are breakthrough, many localities in the Central region - Central Highlands are becoming a reliable and safe investment destination for foreign investors, especially foreign investors. Korean enterprises.