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Thứ 7, Ngày 20/11/2021, 13:00
Binh Duong promotes Taiwan (China) investment
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20/11/2021

​PORTAL - On the afternoon of November 19, at the Provincial Exhibition and Convention Center, a Taiwan (China) Investment Promotion Webinar took place. Mr. Mai Hung Dung - Member of Provincial Standing Party Committee, Permanent Vice Chairman of Provincial People's Committee chaired the webinar.

Attending were Mr. Pham Ngoc Thuan - General Director of Becamex IDC Corporation and leaders of provincial departments, committees and branches.

At the Ho Chi Minh City bridge point, there were Mr. Chung Van Chinh - Chairman of the Taipei Economic and Cultural Office in Ho Chi Minh City.

At the Taiwan bridge point, there were Mr. Chang Ching Huang - President of the Taiwan Merchants Association in Binh Duong and representatives of 80 Taiwanese enterprises.

Speaking at the webinar, Mr. Mai Hung Dung 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). The gross regional domestic product (GRDP) of the province has always achieved a relatively high growth rate compared to the average growth rate of the entire country. Up to now, the province has attracted 37 billion USD in foreign investment with more than 4,000 projects. In which, Taiwan has invested in 853 projects with a total registered capital of over 6.2 billion USD, ranking first among 65 countries and territories with investment projects in Binh Duong.

Mr. Mai Hung Dung (middle) - Permanent Vice Chairman of the Provincial People's Committee chairs the webinar

As one of the strongly developed industrial provinces of Vietnam, Binh Duong province is constantly improving the investment environment, enhancing competitiveness and strengthening support for business development through the improvement of socio-economic infrastructure system such as: Traffic, water supply, electricity, environmental treatment, simplifying administrative procedures, planning to expand industrial parks, creating a clean land fund for investment attraction; deploying human resource training, building social housing, housing for workers, providing adequate and timely labor resources for enterprises to invest in the province. Provincial leaders, together with leaders of provincial departments and branches, always create favorable conditions, promptly solve difficulties and problems of investors and enterprises, create favorable conditions for investors and enterprises to operate their production and business effectively.

Talking at the webinar, Taiwanese enterprises were especially interested in entry procedures for foreigners during the Covid-19 situation; regulations on granting work permits to foreigners; labor recruitment; regulations related to import and export, etc. Leaders of the Department of Foreign Affairs, the Industrial Zones Authority, the Tax Department, and the Customs Department of the province specifically answered questions from enterprises.​

 

Mr. Nguyen Thanh Trung - Deputy Head of Provincial Industrial Zones Authority answers questions from Taiwanese enterprises

Mr. Chung Van Chinh - Chairman of Taipei Economic and Cultural Office in Ho Chi Minh City shared, although the pandemic is still happening, the Taiwanese side is still very confident in the economic development prospects of Vietnam in general, and Binh Duong province in particular, surely in the near future there will be many Taiwanese enterprises to invest or expand investment projects in Vietnam.

 

Overview of the webinar

On behalf of the provincial leaders, Permanent Vice Chairman of the Provincial People's Committee Mai Hung Dung acknowledged the contributions of Taiwanese enterprises to the development of Binh Duong province. In the coming time, Binh Duong prioritizes attracting investment in high-tech, environmentally friendly, less labor intensive industries and fields, creating high added value; financial services, logistics; supporting industries, high-tech agriculture and especially attracting investment in the Science and Technology Industrial Park on the basis of industry 4.0 from developed countries, the world's leading potential partner with the modern management level, including Taiwanese partners. "I respectfully invite Taiwanese investors, enterprises and entrepreneurs to come to Binh Duong to explore investment opportunities, here, you will feel more fully about the investment environment and socio-economic infrastructure facilities that Binh Duong province serves the needs of foreign investors, especially Taiwanese investors during the past time. At the same time, we have the opportunity to introduce more specifically to you about the potentials and advantages of Binh Duong province and the areas that Binh Duong prioritizes to attract investment in the coming time" – Mr. Mai Hung Dung called.

Reported by Phuong Chi-Translated by Nguyen Trang

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