Promote digital economy, explore investment potential in Binh Duong

Dec 13, 2021

At online discussions to promote the digital economy with Canada and European countries, many foreign investors rated Binh Duong as a potential land for investment.

At the "Binh Duong Investment Promotion Conference 2021" just successfully held, Mr. Mai Hung Dung - Standing Vice Chairman of Binh Duong Provincial People's Committee said: "In 2021, despite facing many difficulties and challenges Due to the Covid-19 pandemic, Binh Duong province still strives to maintain economic growth and development. Besides, international investors still accompany, choose Binh Duong province as the investment location. As of November 15, 2021, Binh Duong has attracted USD 2 billion 069 million (exceeding 14.9% of the year plan), including: 64 new investment projects (USD 592 million), 24 projects adjusted capital increase (808 million USD). 161 capital contribution projects (US$669 million). Up to now, the province has 4,011 investment projects from 65 countries and territories with a total registered capital of 37 billion USD. Binh Duong is the second largest locality in the country in terms of attracting foreign investment after Ho Chi Minh City. In which, 27 projects were granted new investment registration certificates, equaling 52% over the same period.

Discussing the topic of trade orientation and investment attraction in the near future for the province's industry, Mr. Nguyen Thanh Toan - Director of the Department of Industry and Trade said: "The province has an orientation to strengthen industries. can apply 4.0 technology to Binh Duong province's industry to step into a new stage".

The seminar was led by Ms. Huynh Dinh Thai Linh - Executive Director of the World Trade Center in Binh Duong province.

Regarding the promotion of investment attraction, Dr. Nguyen Viet Long, Director of Binh Duong Department of Science and Technology shared: “The Department has implemented many support programs and strategic topics to help businesses in promoting all trade and innovation activities. , digital transformation, applying scientific and technological research to production and business... In the period of 2022-2023, the impact of Covid-19 is not expected to decrease, but we still have topics to promote cooperation and investment. investment, attracting capital for the province's potential fields".

Mr. Pham Thanh Dung - Director of the Center for Investment Promotion, Trade and Industrial Development of Binh Duong province shared information: “Binh Duong has a number of clean, high-tech agricultural products, organic agricultural products. wants to promote trade with the European market. We have citrus fruits such as grapefruit, oranges and tangerines in Bac Tan Uyen that have built a brand."

According to Mr. Dung, the task of Binh Duong trade promotion agency is to find a partner in the coming time to bring these products to exhibitions abroad, then find a way to export these products. this. “In order to do this, the agricultural sector must also coordinate very closely to standardize input factors. The product must be clean, must meet the standards from seed to process, fertilizer, care technology, and traceability”, emphasized Mr. Dung.

Mr. Pham Thanh Dung assessed: “Electronic promotion, online investment promotion, online business connection, digital transformation are inevitable. At the end of this year, Binh Duong will launch the province's e-commerce platform, partially offset the obstacles and losses caused by the Covid-19 epidemic", Mr. Dung also informed: "For Binh Duong province , I fully believe that the first 6 months of 2022 will be a strong recovery step."

 

Entrepreneur Jack Nguyen - Representative of the Canadian Business Association in Vietnam said: "The trade relationship between Vietnam and Canada is very potential. Although bilateral trade between Vietnam and Canada has been very developed in the field of food processing and production, there are still many new areas for cooperation, especially when the trade in goods between the two countries is complementary. complement each other instead of competing with each other", businessman Jack Nguyen analyzed.

“Up to now, Canada has become the 14th largest investor in Vietnam. Canadian investment projects are highly appreciated in areas such as hotels, insurance, renewable energy, etc. Vietnam continues to be the bright spot of the world economy before and during the first year of the pandemic. Covid-19. Now is the time for Canadian companies to invest in Vietnam," said businessman Jack Nguyen.

Source: Thesaigontimes

(Translated by Google)

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