Lam Dong seeks to strengthen trade ties with South Korean businesses

Lam Dong Province in Vietnam is actively pursuing stronger trade ties with South Korean businesses. To this end, the provincial People's Committee, in partnership with the Vietnam-Korea Businessmen & Investment Association, organized a business networking conference on October 8th. The event aimed to foster investment, trade, and tourism cooperation between Lam Dong and South Korean entities.

Representatives from Gyeonggi-do Province, Goyang, Anyang, the VKBIA, tourism businesses, and South Korean investors gathered to discuss opportunities for expanding economic collaboration. Lam Dong's Vice Chairman, Nguyen Ngoc Phuc, expressed optimism about the potential for cooperation, highlighting the similarities and complementary strengths between the two regions.

The province is keen to attract South Korean investment in various high-potential sectors, such as high-tech agriculture, logistics, green energy, tourism, and specialized products for the South Korean market. Key priority areas include logistics and warehousing to facilitate domestic and international market connections, green energy, the circular economy, environmental technologies, high-quality tourism, resorts, and golf courses, as well as healthcare, education, human resources training, and digital transformation.

During the first nine months of 2026, Lam Dong Province's exports to South Korea totaled $56.15 million, comprising items like alumina, coffee, fruits, vegetables, fresh flowers, seafood, and garments. Imports from South Korea amounted to $7.8 million, primarily consisting of textile and garment materials, plastics, paper, paperboard, and chemicals.