Binh Duong rolls out red carpet for Italian investments
The southern province of Binh Duong welcomes Italian enterprises to study business opportunities and land investment in the locality, Vice Chairman of the provincial People’s Committee Mai Hung Dung has said.
At the online investment promotion conference on May 27 (Photo: VNA)
Binh Duong (VNA) – The southern province of BinhDuong welcomes Italian enterprises to study business opportunities and landinvestment in the locality, Vice Chairman of the provincial People’s CommitteeMai Hung Dung has said.
He made the statement at an online investment promotion conference held on May27, which saw the participation of Vietnamese Ambassador to Italy Nguyen ThiBich Hue, and chairmen of several unions of chambers of commerce in Italy.
According to Dung, with the COVID-19 pandemic under good control, the provincehas maintained stable economic growth, and attracted 1.25 billion USD inforeign investment in the first five months of the year, surpassing the goal setfor the whole year.
Binh Duong ranks third in FDI attraction after Ho Chi Minh City and Hanoi, with36.5 billion USD registered in nearly 4,000 FDI projects so far, he said,adding the province is currently housing eight Italian projects worth nearly 64million USD, most of which are in the fields of manufacturing, processing, andproduction of footwear accessories, handbags and other consumer goods, amongothers.
Pham Ngoc Thuan from Becamex IDC Corporation said along with favourableinvestment policies, Binh Duong province has already built a high-techindustrial park and the World Trade Centre in New Binh Duong city, whilesharpening focus on development of the transport infrastructure and logisticfacilities, as well as the training of high-quality human resources.
Meanwhile, Italian representatives took note of the fact that Binh Duong is thefirst locality in Vietnam to become a member of the Intelligent Community Forum(ICF).
A corner of New Binh Duong city (Photo: VNA)
The province is a dynamic locality that has all sound conditions for Italianfirms to land investment in the coming time, they said, stressing the provincewas voted in the list of 21 cities and provinces in the world with exemplarystrategies for smart city development.
On the occasion, Becamex IDC signed a Memorandum of Understanding on investmentpromotion programme with the unions of chambers of commerce in Emilia-Romganaregion and Veneto region, and the Italy-Vietnam chamber of commerce inTorino./.
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At the online investment promotion conference on May 27 (Photo: VNA) 
A corner of New Binh Duong city (Photo: VNA) 
