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Thứ 7, Ngày 23/04/2022, 15:00
Binh Duong promotes Belgian investment
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23/04/2022

​PORTAL - On the afternoon of April 22, at the Provincial Exhibition and Convention Center, Binh Duong Provincial People's Committee coordinated with Becamex IDC Corp to organize a Belgian Investment Promotion Webinar.​

​At Binh Duong bridge point, there were Mr. Nguyen Van Danh - Vice Chairman of the Provincial People's Committee; Mr. Pham Ngoc Thuan – General Director of Becamex IDC Corp; leader representatives of provincial departments and branches.

Attending at the Belgian bridge point were Mr. Andries Gryffroy - Vice President of the Belgian Senate and President of the Belgium-Vietnam Alliance; Mr. Nguyen Van Thao - Embassy of Viet Nam to the Kingdom of Belgium and Luxembourg, Mission of Viet Nam to the European Union; Belgian enterprises. At the Ho Chi Minh City bridge point, there were Mr. Paul Jansen - Ambassador Extraordinary and Plenipotentiary of the Kingdom of Belgium in Vietnam.

 

Overview of the webinar

Prioritizing green, smart and sustainable development

Speaking at the opening of the webinar, Mr. Nguyen Van Danh emphasized that over the past 50 years, the traditional and friendly relationship between Vietnam and Belgium has developed actively, diversely and effectively in all fields of cooperation. Regarding investment cooperation, Belgium currently has 82 projects with a total capital of more than 1 billion USD, ranking 22nd among 140 countries and territories investing in Vietnam. The EU-Vietnam Free Trade Agreement (EVFTA) which took effect from August 01, 2020 has helped enterprises of the two countries have more favorable conditions to access each other's markets, bringing benefits to both sides. Vice Chairman of the Provincial People's Committee said that Binh Duong is the 2nd locality in the country in terms of attracting foreign investment capital, after Ho Chi Minh City, with a total of 4,042 investment projects from 65 countries and territories, total registered capital of more than 39.4 billion USD.  In which, Belgium has invested in 5 projects with a total registered capital of more than 39 million USD. Up to now, Binh Duong province has established bilateral cooperation relationships with 11 foreign provinces and cities, including the province of East Flanders of the Kingdom of Belgium.

In the coming time, Binh Duong province gives priority to attracting foreign investment for green transformation such as sustainable energy, green economy, circular economy from developed countries, the world's leading potential partners with modern management level, including Belgian partners in high-tech, environment-friendly, less labor-intensive industries, creating high added value; financial services, logistics; supporting industries, high-tech agriculture and especially attracting investment in the Science and Technology Industrial Park with the vision of becoming the innovation center of the Southern Key Economic Region.

Maintaining dialogue channels, creating favorable conditions for enterprises

At the conference, Mr. Nguyen The Duy - Director of English-speaking markets, Becamex IDC Corp introduced to Belgian enterprises about Binh Duong's investment environment and projects being developed by Becamex IDC to meet the investment needs of enterprises. Especially the orientation to build Binh Duong Smart City in the coming time; as well as the construction progress of the Science and Technology Industrial Park and the Binh Duong New City World Trade Center. At the same time, he shared about the construction of transport infrastructure connecting the region, the Logistics system, training of high-quality labor force, and Vietnam's preferential investment policies.

​ 

Mr. Nguyen The Duy - Director of English-speaking markets, Becamex IDC Corp introduces the investment environment of Binh Duong at the webinar

Belgian enterprises discussed contents related to the results of construction of Binh Duong Smart City; benefits of the Free Trade Agreement (FTA) to Binh Duong's investment environment; the role of Becamex IDC in the Binh Duong's development process; training human resources for Binh Duong's precision mechanics, etc.

Mr. Le Phu Hoa - Director of the Foreign Affairs Department said that Binh Duong has implemented the Smart City Project with remarkable results. Binh Duong is currently an official member and reliable partner of 03 international organizations, including: Asian Economic Cooperation Forum (Horasis), World Trade Center Association (WTCA) and Intelligent Community Forum (ICF). For 4 consecutive years from 2019 to 2022, Binh Duong Smart Region was honored by the Intelligent Community Forum (ICF) as one of 21 cities and regions with typical smart city development strategies of the world (SMART 21). And especially in July 2021, Binh Duong province was honored in TOP 7 by ICF, becoming one of 07 communities with typical smart development strategies in the world.

Regarding human resource training, Mr. Pham Van Tuyen - Deputy Director of the Department of Labor, War Invalids and Social Affairs, Binh Duong currently has 08 universities and colleges, including training in precision mechanics. In the coming time, Binh Duong will deploy training of human resources according to the needs of enterprises, especially training in the field of high technology, technology 4.0. Regarding the benefits of FTA for Binh Duong's investment environment, Ms. Phan Thi Khanh Duyen - Deputy Director of the Department of Industry and Trade said that the FTA brings great benefits to Vietnam in general and Binh Duong province in particula, especially investors when investing in Vietnam. The provisions of the Agreement that Vietnam is applying will create extremely favorable conditions for enterprises when exporting and importing goods through the countries and territories participating in the Agreement.

 

Mr. Pham Ngoc Thuan - General Director of Becamex IDC Corp informs about the role of Becamex IDC in Binh Duong's development

Talking about the role of Becamex IDC in Binh Duong's development, Mr. Pham Ngoc Thuan - General Director of Becamex IDC Corp said that Becamex IDC is the focal point to help Binh Duong province approach localities of other countries to promote investment in Binh Duong. Becamex IDC has established representative offices in regions and countries around the world, including Europe. Beamex IDC Corp is also an enterprise that, together with the provincial government, implements projects related to the construction of Binh Duong Smart City, Science and Technology Industrial Park, innovation startups; the development of transport infrastructure, logistics, etc. to build Binh Duong into a civilized, rich and beautiful urban area.

​ 

Vice Chairman of the Provincial People's Committee Nguyen Van Danh concludes the webinar

Concluding the conference, Vice Chairman of the Provincial People's Committee Nguyen Van Danh highly appreciated the interest of Belgian enterprises in Binh Duong's investment environment and cordially invited Belgian investors, enterprises and entrepreneurs to come and explore investment opportunities in Binh Duong. The provincial government is committed to always accompanying, supporting and creating the most favorable conditions for foreign investors, including Belgian investors, maintaining regular dialogue channels with the enterprises community both at home and abroad, in order to promptly adjust policies in line with the local development interests and the legitimate interests of the enterprise community in the province.

​Reported by Mai Xuan- Translated by Thanh Tam

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