At the meeting, Chairman of the Provincial People's Committee – Mr. Nguyen Hoang Thao gave brief information on the socio-economic situation of Binh Duong. Accordingly, in 2020, despite facing many difficulties and challenges due to Covid-19 epidemic, the province has made great efforts in implementing the "dual goal" and actively implementing the measures to prevent and fight epidemics, while focusing on the socio-economic development and achieving some positive results with relatively stable economic growth.

Chairman of the Provincial People's Committee – Mr. Nguyen Hoang Thao welcomes Mr. Madan Mohan Sethi - Consul General of India
In the first 10 months of 2020, the province has attracted 1 billion 732 million USD of foreign investment capital with 113 new investment projects, 81 projects of adjusted investment capital and 372 projects of capital contribution and share purchase. The province has 3,913 investment projects from 65 countries and territories with a total capital of 35.3 billion USD. Of which, India currently has 10 projects investing in Binh Duong province with a total capital of 116 million USD, mainly in the fields of medical equipment, processing and manufacturing industries.
Along with that, Binh Duong wishes to cooperate more with Indian partners in the Binh Duong Smart City Project as well as to invite and attract Indian investors to invest in Binh Duong, especially in field of information technology, science and technology, etc. At the same time, to establish a friendly cooperation relationship with an Indian locality in the coming time in order to promote friendship and cooperation between Vietnam and India in general, Binh Duong and India in particular. The Chairman of the Provincial People's Committee added that Binh Duong is expected to organize the India Horasis Economic Cooperation Forum in June 2021 in the condition that the epidemic is well controlled.

Chairman of the Provincial People's Committee –Mr. Nguyen Hoang Thao presents a souvenir to Mr. Madan Mohan Sethi - Consul General of India in Ho Chi Minh City
Responding to the Chairman of the Provincial People's Committee, Mr. Madan Mohan Sethi expressed his pleasure when Binh Duong wanted to establish a friendship relationship with an Indian locality, laying the foundation for comprehensive cooperation in many aspects between the two localities. He said, Indian businesses are very interested in the investment environment in Vietnam, including Binh Duong. Next time, the Consulate General will coordinate with the province to organize online programs and conferences for Indian businesses to have the opportunity to study and invest in Binh Duong. It is expected that in December 2020, there will be an online conference with the participation of nearly 100 potential enterprises of India who want to expand investment in Vietnam.

The delegates take photos
Besides economic cooperation, he also wished the two localities would accompany to promote training and development of human resources; supporting Vietnamese students in general and Binh Duong province in particular to study in India in some strong industries such as commerce, finance, information technology, etc. Besides, also creating opportunities for the medical team, doctors to learn experience in the medical field in India.