Binh Duong introduces investment opportunities to investors

Binh Duong (VNA) – Authorities of the southern province of Binh Duong on November 26 held a dialogue with leaders of domestic and foreign businesses, where they introduced the province’s investment opportunities in a wide range of fields.

Vice Chairman of the provincial People’s Committee Mai Hung Dung said Binh Duong is striving to become a “golden land” and stands ready to roll out red carpet for investors.

Binh Duong is now calling for investments in the spheres of hi-tech industry, supporting industry, information technology, electronics, mechanical manufacturing, precision industry, trade, services, infrastructure development, training and human resource development, he said.

With their strengths in terms of technology, finance, market share and governance capacity of investors as well as advantages of Binh Duong, both sides will reap practical benefits, Dung noted.

The official also affirmed that Binh Duong province will always stand side by side with investors and create the best conditions for their production and business activities.

At the dialogue, leaders of major foreign groups highly evaluated the position and investment environment of both Vietnam and Binh Duong province.

They also mentioned Binh Duong’s investment incentives for foreign investors, tax incentives and preferential treatment for those investing in healthcare and solar energy or foreign capital ownership at enterprises.

Binh Duong is now home to 3,472 foreign direct investment (FDI) projects with combined registered capital of 31.75 billion USD, ranking third just behind the southern largest economic hub of Ho Chi Minh City and the capital city of Hanoi.

The dialogue was part of the 2018 Horasis Asia Meeting, Asia’s premier gathering of the region’s most senior leaders in business and administration, which kicked off in the province on the same day.

The annual meeting is described as an ideal platform to explore and advance regional cooperation, impact investing, and sustainable growth.

A range of activities will be held during the two-day event, with four plenary sessions and 36 dialogues. Plenary sessions include discussions on new trends in technology and the status of the regional and global economy, new business models, support for start-up businesses, and solutions for smart cities.

The event is hosted by the People’s Committee of Binh Duong in collaboration with the Horasis Global Visions Community, Becamex IDC Corporation, VSIP Group, All India Management Association and the Young Premier Leadership Organisation.-VNA