Vietnam's Becamex IDC signed a cooperation programme with The Connected Places Catapult (CPC) of the UK on developing the Binh Duong smart city, the Innovation Region and the Science-Technology Industrial Park in the southern province of Binh Duong during an online ceremony on November 2.
The event saw the attendance of Vietnamese Minister of Information and Communications Nguyen Manh Hung, Secretary of the Party Committee of Binh Duong Nguyen Van Loi, and Chairman of the provincial People’s Committee Vo Van Minh, and British Consul General in Ho Chi Minh City Emily Hamblin, among others.
Standing Vice Chairman of the People’s Committee of Binh Duong Mai Hung Dung said that the province welcomes the cooperation between the two firms, considering it an ideal chance for the southern industrial hub to foster connections with UK technology and innovation businesses, thus making full use of UK technologies in boosting the development of Binh Duong in the new period.
Objectives of cooperation between the two sides include forming a complete model of investment attraction with core values. It comprises the establishment of a science-technology centre with the coordination among local government, businesses and research institutions; the promotion of industrial sectors with high science-technology content and high added value; and the development of renovation programmes and the attraction of high-quality foreign direct investment to Binh Duong.
Addressing the ceremony, Minister of Information and Communications Nguyen Manh Hung underlined that Vietnam is a promising market for UK firms.
He held that the CPC’s collaboration with the Vietnamese partner will pave the way for Vietnam and Binh Duong in particular to draw more British investors.