A workshop promoting investment potentials of southern Binh Duong province was organised in Brussels, Belgium, on May 8.
Binh Duong is among top five Vietnamese provinces that attract more than 20 billion USD of foreign direct investment. It contributes over 40 percent to overall national GDP.
Piet Steel, who is the first Belgian Ambassador to Vietnam, lauded the fast and stable growth of the southern economic zone and believed that it will attract a great number of investors, including Belgian businessmen.
Ambassador to Belgium and Luxembourg Vuong Thua Phong presented the Vietnamese Government’s favourable policies for foreign investors, such as reduced corporation tax and preferential land leasing prices for foreign-funded enterprises.
CEO Bart Milloen of Molenbergnatie Vietnam Limited Company, which provides all-in supply chain management service, including the coffee export facilities, told participants that his company has chosen the province for its advantageous location connecting the central and Central Highlands regions with Ho Chi Minh City.
That location feature also enables Binh Duong to link coffee production plants in the Central Highlands province of Dak Lak with the European distribution centre via sea ports, he added.
At the workshop, Vietnamese business representatives gave details of the local infrastructure system and answered relevant queries.-VNA
