BEGIC - In the afternoon of March 15th, 2019, at Binh Duong People's Committee hall, with the authorization of Binh Duong Provincial People's Committee, Mr. Le Phu Hoa, Director of Department of Foreign Affairs received Mr. Chung Wen Cheng, Director General of Taipei Economic and Cultural Office (TECO) in Ho Chi Minh City in his courtesy call to Binh Duong province.
Participants were leaders from Department of Planning and Investment, Binh Duong Industrial Zones Authority, the Office of Provincial People's Committee and government officials of related departments.
At the working session, Director General Chung Wen Cheng shared that Taiwanese investment in ASEAN countries counts for $90 billion. Viet Nam accounts one third of total investment. In Viet Nam, Taiwanese investor is ranked the fourth foreign investor with $31.5 billion with about 2,500 enterprises. Mr. Chung expressed his sincere thanks to Binh Duong leaders, departments and agencies for their support to Taiwanese businesses operating in Binh Duong province. At the same time, he suggested that Binh Duong province should pay more attention to the infrastructure in education, healthcare and services for foreign experts working and living in the province.
Mr. Le Phu Hoa, Director of Department of Foreign Affairs received Mr. Chung Wen Cheng, Director General of Taipei Economic and Cultural Office (TECO) in Ho Chi Minh City
With the authorization of Binh Duong Provincial People's Committee, Mr. Le Phu Hoa sent the warm welcome and thanks to Director General of TECO in Ho Chi Minh City Chung Wen Cheng for their visit and information sharing. He briefed general socio economic development of Binh Duong and stressed that Taiwan investor is the biggest foreign investor among 64 countries and territories in Binh Duong province with more than 800 projects with total capital of $5.3 billion, specialized in textile and garment, furniture, etc.
Mr. Hoa appreciated the business operation of Taiwanese companies especially the close cooperation of Taiwanese Business Association in Binh Duong province with its bridge role among enterprises and local authorities. Binh Duong province annually host the dialogues conferences with enterprises to promptly resolve their difficulties, obstacles in doing business. Binh Duong aothorities commits to accompany the businesses to support them. Besides that, Binh Duong will improve its infrastructure, investment environment to attract more investment to Binh Duong province.