PORTAL - On the afternoon of December 12, Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee (PPC) welcomed and worked with the Enterprise delegation of Daejeon City (Korea) led by Mr. Kim Hyeong Sik – CEO of Iruda Planet Company to visit and learn about investment opportunities in Binh Duong at the Administration Center of Binh Duong province.
At the meeting, the Delegation listened to Chairman of the PPC – Mr. Vo Van Minh summarized information about the province's socio-economic development during the past time, notably the results of investment attraction and industrial development.
Accordingly, Binh Duong currently ranks second in Viet Nam in terms of attracting foreign direct investment (FDI). Accumulated as of November 30, 2023, the whole province currently has 4.209 FDI projects from 65 countries and territories with a total registered capital of more than 40 billion USD. Currently, Korea currently ranks fifth among 65 countries and territories investing in Binh Duong with 769 projects and total investment capital of 3.34 billion USD, mainly in the fields of automobiles, healthcare, pharmaceuticals, cosmetics and food processing, industrial production of textiles, garments, and footwear, etc.
To date, Binh Duong province has established friendly cooperative relations with 13 foreign localities, including Daejeon City and Gangnam district of Korea. The relationship between Binh Duong province and Daejeon city is very close. Both localities have sent many delegations to visit, work, exchange and learn from each other's experiences.
With a green and smart development orientation, Binh Duong is prioritizing attracting investment in high-tech, advanced, and environmentally friendly industries and fields. Therefore, Binh Duong is looking forward to promoting investment with Korean enterprises, especially connecting investment cooperation more extensively and effectively with enterprises in Daejeon City - a locality with strong development in science - technology, digital transformation, and trade - services.
Chairman of the PPC Vo Van Minh welcomes the Enterprise Delegation of Daejeon City (Korea)
On behalf of the delegation, Mr. Kim Hyeong Sik thanked the leaders of Binh Duong province for creating opportunities for Daejeon City enterprises to visit and learn about the investment environment in the province.
He shared that participating in the delegation to Binh Duong this time were technology and engineering companies as well as research institutes and famous science and technology universities in Daejeon City and Korea. In the coming time, Korean partners will explore investment and transfer of modern technology in accordance with Binh Duong's development orientation. They hoped that Binh Duong will create favorable conditions for Korean enterprises to invest more effectively and develop.