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Vinh Long's leaders hold dialogue with Taiwanese investors

The Mekong Delta province of Vinh Long on October 21 held an online dialogue with investors from Taiwan (China).
Vinh Long's leaders hold dialogue with Taiwanese investors ảnh 1Illustrative image (Source: VNA)
Vinh Long (VNA) – The Mekong Delta province of Vinh Long on October 21 held an onlinedialogue with investors from Taiwan (China).

Speaking at the event, Chairman of the provincial People's Committee Lu QuangNgoi said that as of September 20, Taiwanese investors had ranked 4th out of141 countries and territories pouring capital into Vietnam, with 2,831 validprojects worth 35.03 billion USD.

In Vinh Long, there are currently 67 valid FDI projects worth 779 million USD,coming from 18 countries and territories. Taiwanese investors are running sevenprojects, with a total investment of 237.31 million USD, mainly in processingand manufacturing.

Ngoi said that one of Vinh Long’s top priorities now is to focus on calling forinvestments in infrastructure projects in industrial zones and clusters, andhigh-tech agricultural projects in order to bring into full play the province’sstrengths.

He affirmed that, coming to Vinh Long, investors will find a stable, open andtransparent business and investment environment with a dynamic, creative andfriendly administration apparatus.

Vinh Long is willing to listen to enterprises’ ideas and recommendations, andis stepping up administrative procedure reform, and taking measures to betterthe business and investment environment, he added.

Chang Wen Chung, Head of the Economic Division under the Taipei Economic andCultural Office in Ho Chi Minh City, said that the COVID-19 pandemic has notyet affected the desire of Taiwanese businesses to invest in Vietnam. IfVietnamese provinces and cities can provide cleared land, have investmentincentives, and ensure infrastructure for electricity, water, roads and labour,many Taiwanese businesses will surely invest in projects in the country, headded.

Particularly in Vinh Long, investment projects of Taiwanese enterprises remainmodest, which shows that there is still large room for investment, according tothe official.

In the coming time,the office is ready to coordinate with the province's authorities to organiseinvestment workshops, and fact-finding trips in Vinh Long and encouragebusinesses to invest in the locality, he added./.
VNA
#Vinh Long #Lu Quang Ngoi #Taiwanese investors #Taiwan #China #FDI projects #Vietnam #Vietnamplus #Vietnam News Agency Vinh Long
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