MANY POSITIVE SIGNALS IN FDI ATTRACTION

With its ongoing effort to improve the investment environment, Vinh Phuc province has achieved positive results in foreign direct investment (FDI) attraction. In the first six months of 2020, the province welcomed many business delegations and foreign ambassadors to visit and study the local investment environment.

During her visit to Vinh Phuc in June, Ambassador of Bulgaria to Vietnam Marinela Petkova affirmed that there is room for Vietnam and Bulgaria to cooperate in different fields, especially industry, high-tech agriculture and information technology. In the coming time, she will personally have specific activities to strengthen diplomatic relations between Vietnam and Bulgaria, and between the Embassy of Bulgaria in Vietnam and Vinh Phuc province.

She emphasized that the two sides will continue to organize meetings and exchanges on the fields that Vinh Phuc and Bulgaria are keen on, including automobile, high-tech agriculture and tourism and coordinate in training high-quality human resources. The ambassador said that she will ask the Bulgarian Government to choose Vinh Phuc for cooperation and friendship ties in the near future.

Having visited Vinh Phuc several times, Indonesian Ambassador to Vietnam Ibnu Hadi said, every time he comes to Vinh Phuc, he witnesses positive progress and rapid development. The province’s development potential is huge, but only two Indonesian companies are currently doing business here. He affirmed that, during his tenure in Vietnam, he will call on more Indonesian investors to come to Vinh Phuc.

Also in June, a Japanese delegation led by Mr. Tsutomu Uchiyama, General Director of VCC Co., Ltd, came to study the business investment environment in the province. He expressed his desire to seek cooperation in education and training in the province (from kindergarten to university system). Besides, he eyed cooperation in banking, medicine, mechanical engineering and technology.

On June 26, Mr. Sushil Prasad, First Secretary of the Indian Embassy in Vietnam, led an Indian business delegation to visit Vinh Phuc province. He affirmed that India wants to build a comprehensive cooperation relationship in all fields with Vietnam in general and Vinh Phuc in particular. He will propose that the Government of India introduce a locality with many similarities with Vinh Phuc to build a friendly relationship and sign development cooperation agreement. At the same time, he will recommend Indian businesses to invest in industry, agriculture, information technology and education in the province.

Paying a recent working visit to Vinh Phuc, Ambassador of Thailand to Vietnam Tanee Sangrat highly appreciated the province's support and assistance to Thai businesses in the province. He wished that, with the 40 years of close cooperation between the two countries, in the coming time, the two will work together to study their economic and cultural strengths to further deepen the bilateral relationship of the two countries in general and between Thai localities with Vinh Phuc province in particular. He pledged that, in his capacity, he will introduce Vinh Phuc's investment incentive policies and send business and official delegations to study investment opportunities in the province.

Source: VCCI