Chinese, Korean firms seek investment opportunities in Binh Phuoc
A delegation from Food Valley of China (FVC) led by former Chinese Ambassador to Vietnam Hu Qianwen made a fact-finding tour to the southern province of Binh Phuoc on February 20 to study the possibility of boosting exports via official channels to China.
Secretary of Binh Phuoc provincial Party Committee Nguyen Van Loi (fourth from left) welcomes delegation from Food Valley of China (Source: VNA)Binh Phuoc (VNA) – A delegation from Food Valley of China (FVC) led by former Chinese Ambassador to Vietnam Hu Qianwen made a fact-finding tour to the southern province of Binh Phuoc on February 20 to study the possibility of boosting exports via official channels to China.
Working with the delegation, Secretary of the provincial Party Committee Nguyen Van Loi introduced the delegation to the province’s main agricultural products such as rubber, cashew nuts, pepper, cocoa, mango, durian and orange.
The province has linked many value chains with clean production to ensure quality of the products for export, he added.
Loi voiced his belief that through the working session, the two sides’ enterprises will have better understanding towards long-term cooperation in the time to come.
Hu said that, through the introduction of the Vietnamese Ministry of Agriculture and Rural Development, the delegation chose Binh Phuoc as the first destination to boost trade connectivity.
Speaking of the province’s main products and agricultural strengths, he stated that the delegation will send several experts to Binh Phuoc to study its market and bring more Chinese enterprises to attend the Binh Phuoc’s annual farm produce fair in April.
On the same day, Loi also had a working session with representatives from the Republic of Korea’s Hankuk Carbon Company which is building a factory at the Becamex-Binh Phuoc Industrial Park. The factory is expected to put into operation between June and August.
Highly speaking the capacity of Korean investors, especially in carbon production, Loi hoped that more Korean enterprises would pour capital into Binh Phuoc province.
Binh Phuoc province will create all favourable conditions for investors, he affirmed.-VNA
You should also see
PM asks for sufficient power supply under any circumstances
Prime Minister Pham Minh Chinh on April 20 asked ministries, sectors, agencies, localities, and businesses to make forecasts on the situation and prepare response plans to ensure sufficient power supply for production and daily activities under any circumstances.
See more
Business
Measures sought to boost Vietnam - Russia digital economic cooperation
The Vietnamese Embassy in Russia organised a seminar on April 19 on prospects for Vietnam-Russia digital economic cooperation, attracting over 100 delegates representing ministries, sectors, research institutes, and business associations of the two countries.
Business
Cooling equipment market heats up
Many electronics supermarkets in Hanoi have launched summer promotion programmes, reducing prices for cooling equipment such as air conditioners and fans, as the weather in the north of Vietnam has just begun to be hot and sunny.
Business
Lam Dong strives to develop tea industry towards sustainable development
The Central Highlands province of Lam Dong aims to develop its tea industry to 2030 towards sustainable development by improving efficiency and fostering links between tea production, processing, and consumption. The province is also striving to replace aging tea plantations with high-quality tea varieties to enhance productivity.
Business
Vietnam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM
Vietnam always attaches importance to and wishes to bolster multifaceted cooperation with Côte d'Ivoire – its traditional friendship partner in Africa, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
