Dong Nai willing to accompany Taiwanese businesses
The southern province of Dong Nai will try its best to create optimal conditions for Taiwanese businesses, said Tran Van Vinh, Vice Chairman of the provincial People’s Committee.
At the dialogue (Source: baodongnai.com.vn)The official made the commitment at a dialogue with Taiwanese enterprises on May 30 to clear up their concerns while operating in the locality.
At the event, many Taiwanese firms raised queries regarding work permit exemption and energy labelling, along with issues on local transport and health insurance.
Vinh praised the Taiwanese businesses for creating jobs, helping spur the local economy in a sustainable manner.
Zhang Cuifen, deputy head of the Taipei Economic and Cultural Office in Ho Chi Minh City, said Taiwanese investors have begun their operation in Vietnam since 1988 with Dong Nai as their first destination.
In 2016, Dong Nai took the lead nationwide in attracting Taiwanese investors, she said, noting that Taiwanese investment projects have been expanding beyond production to health care.
The Taiwanese enterprises have also closely coordinated with local authorities in education, culture and tourism, she added.
They have to date invested in 286 projects valued at over 5.15 billion USD, focusing on garments-textiles, footwear, electronics, steel and timber products.
In the first four months of this year, the Taiwanese businesses’ export-import turnover exceeded 1.9 billion USD, making up 19 percent of Dong Nai’s total export-import revenue.
They also contributed 902 billion VND (39.7 million USD) to the State budget, accounting for 20 percent of the amount collected by the local Department of Customs during the period.-VNA
You should also see
Hanoi needs to set example in all fields: top leader
Party General Secretary and State President Nguyen Phu Trong has urged Hanoi to make greater efforts in Party building, personnel development and rule building, in order to deserve its position as the national centre of politics and culture.
See more
Business
TH Group rolls out largest dairy cow project in Central Highlands
TH Group on September 18 began the construction of a high-tech, concentrated dairy cow project in Mo Rai commune, Sa Thay district, the Central Highlands province of Kon Tum.
Business
Better policies needed for independent power producer: experts
As private investment can play a significant role in increasing local power supply, experts have worked to find better mechanisms and policies to solve problems that have discouraged investment in the sector.
Business
Dong Nai speeds up key transport projects
The southern province of Dong Nai has mobilised all resources to speed up the progress of several major transport projects, including the Long Thanh International Airport.
Business
VPBank, Proparco cooperate to promote green credit in Vietnam
VPBank and Proparco - the private sector financing branch of Agence Française de Développement (AFD) have signed a 50-million-USD loan with the aim of supporting climate-friendly initiatives, green and energy efficient projects, as well as small-and-medium enterprises (SMEs) in the country.
Business
Vietnam-Mali trade exchange forecast to fall this year
Trade exchange between Vietnam and Mali in 2020 will plummet due to obstacles in transporting goods to Mali and difficulties related the embargo imposed by the Economic Community of West African States (ECOWAS) against Mali, said Vietnamese Trade Counsellor in Algeria and Mali Hoang Duc Nhuan.
