A delegation from the Dutch Emmen Region, headed by Stenden University Principal Hanny Van Geffen, worked with key officials of Binh Duong province on January 22 to examine opportunities for cooperation between the two localities.

The Emmen Region, which consists of four cities, Emmen, Coevorden, Hoogeeven and Hardenbeg, and Binh Duong could benefit from collaboration in high-tech industries, food processing, agriculture, education and tourism, and logistics, according to Director of the Emmen Economic Department Wouter Couprie.

Meanwhile, Principal Hanny Van Geffen expressed her desire to liaise with Binh Duong’s universities.

Vice Chairman of the provincial People’s Committee Tran Thanh Liem highlighted the province’s potential, stressing that the province is focused on developing its service and tourism sectors.

According to the Binh Duong Department of Foreign Affairs, in 2014 the industrial sector dominated with 60.8 percent of the province’s economic structure, while the service sector accounted for 36.2 percent, and agriculture only 3 percent. The gross domestic product (GDP) reached 61.2 million VND (2,900 USD) per person annually.

Notably, the city’s foreign investment reached 1.655 billion USD, exceeding its yearly target by 65 percent.

To date, Binh Duong is home to 2,375 foreign direct investment projects with total investment capital of 20.38 billion USD.

Binh Duong joins HCM City, Ba Ria-Vung Tau, Dong Nai, and Hanoi in surpassing 20 billion USD in FDI.

The Netherlands is the eighth largest of 39 countries and territories investing in Binh Duong with 20 projects and 478.5 million USD in investment capital.-VNA