Binh Dinh province delegation promotes investment in the United States
17/11/2023

 

In the framework of the Investment Promotion Program in the United States, on the morning of November 16 (USA time), in the city of Savannah, Georgia, USA, Permanent Deputy Secretary of the Provincial Party Committee, Head of the National Assembly Delegation of Binh Dinh province Le Kim Toan and members of the delegation attended the Investment Promotion Conference with the theme "Vietnam - Gateway to Southeast Asia" organized by Binh Dinh province in collaboration with Becamex Binh Dinh Joint Stock Company and Savannah city, Georgia state - USA.

 

View of the conference in the United States. Photo: Trung Kien

The conference was attended by Mr. Alderman Nick Palumbo - Vice Chairman of Savannah city’s council, Mr. Antwont Smoak - Director of Program and Community Development - WTC Savannah, and delegates from US corporations and businesses operating in the fields of: high technology, manufacturing, finance, real estate development, industrial and civil, trade, services, logistics, seaports, transportation and infrastructure, international trade, information and communication, entertainment, food and beverage production, education, health.

At the conference, representatives of Becamex IDC Corporation and members of the province's delegation informed delegates and US businesses of the province's potential and advantages; Introducing policy mechanisms to support investment attraction in the Economic Zone and industrial parks, especially the province's preferential policies for investors when investing in Becamex VSIP Binh Dinh Industrial Park.

Permanent Deputy Secretary of the Provincial Party Committee Le Kim Toan delivers a welcome speech at the Conference. Photo: Trung Kien

Vice Chairman of the Provincial People's Committee Lam Hai Giang speaks at the conference. Photo: Trung Kien

Speaking at the Workshop, Vice Chairman of the Provincial People's Committee Lam Hai Giang said that Binh Dinh is currently promoting training of human resources according to the province's development orientation, especially in information technology, technology, tourism, high-tech industry; implementing policies to attract high-quality labor to meet the needs of the economy. 

In particular, the province is focusing on strongly developing seaport - logistics services, in order to exploit the full potential and advantages of the province's marine economy; improve competitiveness, attract investment, promote seaport - logistics services to in order to bring high added value associated with the development of goods production, import-export and trade of the province. It is calculated that Binh Dinh's two-way trade turnover with the United States is estimated to reach 468.12 million USD in the first 10 months of 2023, of which the main export items account for a high proportion such as garment products, wood products and the main imported items include animal feed and raw materials, wood and wood products.

Delegates attending the conference had discussions with members of Binh Dinh’s delegation about the fields of investment attraction, tax policies, and advantages of Binh Dinh compared to other localities in the area.

Permanent Deputy Secretary of the Provincial Party Committee Le Kim Toan affirmed that the locality had an important strategic position in regional linkages and international exchanges, and is bestowed with many valuable resources, a coastline stretching of 134km, synchronous socio-economic infrastructure, abundant labor force.... Binh Dinh always hopes that Savannah city government would promote the establishment of long-term friendly cooperative relationship with Binh Dinh. Also, it is an important bridge for US businesses and investors to come to Binh Dinh to learn about the business investment environment, develop specific projects and works in the province for the sake of development. development of the two sides. That would contribute to deepening the comprehensive strategic partnership between two nations.

On behalf of the leaders of Binh Dinh province, Permanent Deputy Secretary of the Provincial Party Committee Le Kim Toan respectfully invited the leaders of Savannah city, colleagues, businesses, and US investors to visit Binh Dinh, Vietnam for nearest. Especially on the occasion of March 2024 when Binh Dinh hosts the Formula 1 Motor Boat Race - F1H20 and the Binh Dinh International Professional Aquabike Championship and the International Investment Promotion Conference. This is an opportunity for delegates and businesses to visit, learn more about Binh Dinh and discuss the vision, orientation, signing of friendly cooperation between two localities and the programs and projects that US businesses are likely to implement in Binh Dinh.

The Permanent Deputy Secretary of the Provincial Party Committee expressed great thanks to the leaders of Savannah city for the thoughtful and enthusiastic welcome to the delegation and for supporting and connecting the delegation to US corporations and businesses, bringing Binh Dinh opportunities to expand cooperation with USA partners and investors in the future.