Business

Angola learns about Bac Ninh’s FDI attraction

A delegation of the Angolan Presidential Office led by Florbela Rocha Araujo, Secretary for Judicial and Legal Affairs, made a fact-finding trip to northern Bac Ninh province on March 25 to learn about its experience in attracting foreign direct investment (FDI).
A delegation of the Angolan Presidential Office led by Florbela RochaAraujo, Secretary for Judicial and Legal Affairs, made a fact-findingtrip to northern Bac Ninh province on March 25 to learn about itsexperience in attracting foreign direct investment (FDI).

Deputy Chairman of the provincial People’s Committee Nguyen TienNhuong briefed the guests of the province’s socio-economic achievements.

Amid the economic slowdown last year, Bac Ninhstill maintained a double-digit economic growth. The province is amongthe three localities which recorded the biggest industrial productionvalue in the country bringing back over 13 billion USD, he said.

The leader also expressed his wish to share the province’s experiencewith Angola in investment promotion, contributing to fostering thefriendship between the two peoples.

Araujo affirmed that experience gained during the trip will help his country build a better investment environment.

On the occasion, Nhuong and the Angolan Ambassador to Vietnamsigned a memorandum of understanding on cooperation in forestryexploitation and processing, and the supply of construction workers inoil and gas to the African country.

The same day, the delegation visited several FDI firms at the Vietnam – Singapore industrial park in the locality.-VNA
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