Dutch, Vietnamese localities eye fruitful partnership
Officials from the Dutch city of Eindhoven had a working session on January 15 with authorities of Vietnam’s southern province of Binh Duong, seeking a cooperation deal for both localities’ socio-economic development.
Eindhoven Vice Mayor Mary-Ann Schreurs said her city will cooperate with Binh Duong in fields of its strengths and share its city-building lessons, expressing the wish for the early signing of a partnership document.
In 2014, the Vietnamese province attracted US$1.65 billion in foreign investment, which came from 151 new and 126 existing projects. The figure exceeded the yearly target by 65%, reported the provincial Department for External Relations.
It has housed 2,375 valid FDI projects worth US$20.38 billion so far, becoming one of the five localities receiving over US$20 billion in foreign investment.
The Netherlands currently ranks eighth among 39 countries and territories doing business with Binh Duong, with 20 projects totaling US$478.5 million.
Vice Standing Chairman of the provincial People’s Committee Tran Van Nam said Binh Duong is partnering with seven foreign localities such as Japan’s Yamaguchi prefecture, the Republic of Korea’s Daejeon city, and Italy’s Emilia Romagna region. It is to step up investment attraction and its connection with more countries.
The province gives priorities to projects with cutting-edge technology that produce competitive and environmentally friendly products, he noted, adding that it also pays attention to simplifying administrative procedures in order to facilitate businesses’ operation.
Nam said he believed that cooperation between Binh Duong and Eindhoven will be successful.
Also on January 15, the Eindhoven delegation had working sessions with executives of the Binh Duong-based Becamex Company and the Eastern International University.
In 2014, the Vietnamese province attracted US$1.65 billion in foreign investment, which came from 151 new and 126 existing projects. The figure exceeded the yearly target by 65%, reported the provincial Department for External Relations.
It has housed 2,375 valid FDI projects worth US$20.38 billion so far, becoming one of the five localities receiving over US$20 billion in foreign investment.
The Netherlands currently ranks eighth among 39 countries and territories doing business with Binh Duong, with 20 projects totaling US$478.5 million.
Vice Standing Chairman of the provincial People’s Committee Tran Van Nam said Binh Duong is partnering with seven foreign localities such as Japan’s Yamaguchi prefecture, the Republic of Korea’s Daejeon city, and Italy’s Emilia Romagna region. It is to step up investment attraction and its connection with more countries.
The province gives priorities to projects with cutting-edge technology that produce competitive and environmentally friendly products, he noted, adding that it also pays attention to simplifying administrative procedures in order to facilitate businesses’ operation.
Nam said he believed that cooperation between Binh Duong and Eindhoven will be successful.
Also on January 15, the Eindhoven delegation had working sessions with executives of the Binh Duong-based Becamex Company and the Eastern International University.