The delegation was also welcomed by Mr. Cao Xuan Thang - Commercial Counselor, Head of the Viet Nam Trade Office in Singapore, and leaders of provincial departments and branches.At the meeting, Chairman of the PPC Vo Van Minh said that, in recent years, Binh Duong has always been considered one of the leading localities in Viet Nam in terms of socio-economic development and the pace of foreign direct investment (FDI) attraction. Binh Duong continues to be one of the major industrial centers of the Southern Key Economy Region and the country. To date, the industrial sector of the province has developed in the right direction at a stable and fast growth rate. Currently, Binh Duong has 29 industrial zones with an area of 12,663 hectares, in which, the Viet Nam – Singapore Industrial Park III (VSIP III) is a high technology science applied industrial zone.
Accumulated until December 31, 2023, the province attracted 4,224 projects invested from 65 countries and territories with a total registered capital of more than 40.3 billion USD. Singapore ranks 3rd with 297 projects and a total capital of more than 5.43 billion USD.
Mr. Vo Van Minh - Chairman of the PPC welcomes Dr. Peter Reimer - President of Heraeus Medical Components.
In the coming time, Binh Duong will focus on attracting investment selectively, taking quality, efficiency, technology, and environmental protection as the main evaluation criteria; and prioritize attracting high-tech, advanced, environmentally friendly, less labor-intensive industries that create high-added value.
The province will also prioritize attracting high-quality service occupations, gradually changing the province's economic structure towards increasing the proportion of the service industry. At the same time, priority will be given to investors who have a vision and strong application of high technology, a spillover effect connecting global production and supply chains associated with environmental protection to create harmony between socio-economic development and green growth.
Binh Duong appreciated the great contributions of investors to the development of the province in those years. The provincial government always listens to businesses' opinions, keeps a moving spirit, constantly innovates, and improves towards the goal of being an attractive destination for everyone from every region and every country.
Mr. Vo Van Minh presents a souvenir to Dr. Peter Reimer.
Dr. Peter Reimer thanked the provincial leaders for their warm welcome. He said that the Heraeus Group, headquartered in the Federal Republic of Germany, has been present in the global market for a long time, of which 20% operates in the Asia-Pacific market, including Singapore. The Group specializes in researching and manufacturing ultra-precise microelectronic and mechanical devices to supply the medical, surgical, and orthopedic fields.
At the moment, the Group wants to expand its investment in Viet Nam and Binh Duong is an impressive place for the Group to explore its investment opportunities.
Through the brief information shared by the Chairman of the PPC, the Group wishes to work with and survey several industrial parks and foreign businesses to study investment opportunities in Binh Duong province in the fields of high technology. The Group also pays attention to the issue of a qualified workforce with high technical expertise to serve production activities at the enterprise.
Delegates take a group photo.
The Chairman of the PPC welcomed Heraeus Group to explore the investment environment, especially the health sector is also an area of interest to the province. With available advantages, Binh Duong always creates favorable conditions for businesses to explore, invest, and operate production effectively.