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Thứ 6, Ngày 23/06/2023, 15:00
Suzhou province business delegation (China) explores investment opportunities in Binh Duong
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23/06/2023

​PORTAL - On the afternoon of June 22, at the Provincial Convention and Exhibition Center, the enterprise delegation of Suzhou province, China led by Ms. Qin Ying Ying - Professor of Xinhua Academy of Commerce visited, worked and studied investment opportunities in Binh Duong province.

​Receiving and working with the delegation were Ms. Ha Thanh - Director of the Department of Foreign Affairs and leaders of a number of provincial departments, committees, branches, and Becamex IDC Corp.

Briefly introducing the socio-economic situation and attracting investment of Binh Duong province in recent years, Ms. Ha Thanh - Director of the Department of Foreign Affairs said, Binh Duong province has always been evaluated as one of the leading provinces and cities in the country in terms of socio-economic development and the speed of attracting foreign direct investment (FDI). Particularly in the first 5 months of 2023, the province has attracted 921 million USD, including 32 new projects, 13 adjusted capital increase projects and 63 capital contribution projects to purchase shares.

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Overview of the meeting

Accumulated to June 15, 2023, the province has 4,112 investment projects from 65 countries and territories with a total registered capital of nearly 40 billion USD. Binh Duong is currently ranked 2nd in the country in attracting FDI, after Ho Chi Minh City. The province's import and export turnover in 2022 reached 61.5 billion USD, with a trade surplus of nearly 10 billion USD.

Besides promoting socio-economic development, Binh Duong also actively expands bilateral and multilateral cooperation in many fields. Up to now, Binh Duong province has established bilateral cooperation relationships with 11 foreign provinces and cities, including Guangzhou city, Guangdong province, China. Binh Duong is currently an official member and reliable partner of 03 international organizations, in which, Binh Duong province has been honored by the Intelligent Community Forum (ICF) as one of 21 cities with the world's typical smart city development strategies for 5 consecutive years 2019-2023 and one of 07 communities with the world's typical smart development strategy for 3 consecutive years 2021, 2022 and 2023 (TOP7 ICF).

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Enterprises listen to introductions about industrial, commercial, service development projects and urban construction and development planning projects of Binh Duong province

At the meeting, the representative of Becamex IDC Corp informed the delegation about industrial, commercial, service development projects and urban construction and development planning project of Binh Duong province.

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Enterprises of Suzhou province pose questions at the meeting

Enterprises appreciated and thought that the development of Binh Duong province is quite similar to that of Suzhou province. Enterprises want to find out more information about priority areas for investment attraction, tax policies, land lease, investment conditions in supporting industries, education and training and human resource supply in electricity and electronics, etc.

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Representative of the Department of Industry and Trade answers questions from enterprises

Representatives of provincial departments, committees and branches answered questions from enterprises. Ms. Ha Thanh hoped to receive active cooperation from Suzhou enterprises, entrepreneurs and investors to support the province in calling for investment in high-tech, environmentally friendly, less labor intensive, high added value industries; financial and logistics services; supporting industries, high-tech agriculture and especially attracting investment in the Science and Technology Industrial Park on the basis of industry 4.0.

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Delegates take a group photo

Over the past time, the comprehensive strategic cooperation relationship between Viet Nam and China has achieved many achievements in various fields. Viet Nam has been continuously the largest trading partner in ASEAN since 2016 and China's sixth largest trading partner in the world since 2020. Especially in investment, China is currently the 6th largest investor out of 143 countries and territories investing in Viet Nam, with more than 3,720 projects and a total investment capital of 24.8 billion USD. Particularly in Binh Duong province, China is currently ranked 8th among 65 countries and territories with more than 460 projects and total investment capital of nearly 1.6 billion USD.

Reported by Phuong Chi- Translated by Thanh Tam

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