Thai Nguyen makes impression and attraction with Korea investors

With strong and drastic commitments on investment attraction policies, Thai Nguyen province has made a strong impression and attraction with investors from Korea at the Investment Promotion Conference with the theme: "Investment strategy in the new normal situation" that was held on the afternoon of June 17, in Ho Chi Minh City.

The conference was organized by the Ministry of Planning and Investment in collaboration with the National Innovation Center (NIC) and Saigon Telecommunications Technology JSC (SAIGONTEL). Leaders of the Ministry of Planning and Investment; leaders of the provinces: Thai Nguyen, Quang Ninh, Dong Nai, Ba Ria - Vung Tau, Long An, City, Ho Chi Minh City and representatives of major Korean investment groups such as: SK EcoPlant, Lotte E&C, Hyosung, CJ, Asam Security, Hana, KepCo... attended the Conference.

Mr. Trinh Viet Hung and leaders of some localities discuss with Korean investors.

Mr. Trinh Viet Hung, alternate member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee led Thai Nguyen’s delegation participating in the conference. Mr. Bui Van Luong, Member of the Standing Committee of the Provincial Party Committee, Secretary of Pho Yen City Party Committee, Chairman of Pho Yen City People's Committee; leaders of a number of departments, branches, localities and big enterprises in the province joined with the delegation.

View of the Conference.

At the conference, leaders of the Ministry of Planning and Investment provided important information related to the mechanisms and policies of Vietnamese Government to promote investment attraction, economic recovery and development in the new normal situation after COVID-19. At the same time, representatives of ministries, branches and authorities of provinces and cities attending the Conference had direct dialogues with investors to discuss solutions to overcome difficulties and obstacles in the process of implementing investment project in Vietnam...

Along with leaders of other provinces and cities, Mr. Trinh Viet Hung - Chairman of Thai Nguyen Provincial People's Committee introduced the potential, advantages and investment attraction policies that Thai Nguyen is implementing with domestic and international investors. Accordingly, despite the complicated development of COVID-19 pandemic, in 2021, Thai Nguyen still achieved an economic growth rate (GRDP) of 6.51%; the industrial production value reached over 35 billion USD, the export value reached 28.85 billion USD… In the first 6 months of 2022, the economic growth rate of Thai Nguyen is estimated at 7.08%; the export value is estimated at 17.2 billion USD, increasing 32.3% over the same period in 2021.

Korean investors express interest and ask questions related to Thai Nguyen province's investment attraction policies.

Currently, Thai Nguyen has made plans for 12 industrial zones covering a total area of 4,245 hectares, including 1 centralized information technology zone; 41 industrial zones with a total area of 2,067 hectares. Thai Nguyen currently has over 170 FDI projects that are in valid with a total investment capital of over 10 billion USD; along with that, there are 846 DDI projects, with a total capital of over 145 trillion VND.

Mr. Trinh Viet Hung answers the questions of Korean investors related to the investment attraction policies of Thai Nguyen province.

The Chairman of the Provincial People's Committee informed that Thai Nguyen's investment attraction strategy in the post-COVID-19 period is to focus on developing infrastructure in industrial zones and clusters; developing the Southern region of the province (tourism, sports, entertainment and resort infrastructure in the East of Tam Dao mountain range, Nui Coc lake; develop urban areas following the route linking with the region of Bac Giang - Vinh Phuc and the belt road No. 5 of Hanoi Metropolitan); focusing on attracting high-tech, environmentally friendly projects, forming and developing production chains, creating favorable conditions for enterprises to access production and business ground, access information on the markets, investments and businesses…

Mr. Bui Van Luong, Member of the Standing Committee of the Provincial Party Committee, Secretary of Pho Yen City Party Committee, Chairman of Pho Yen City People's Committee attends the Conference.

Affirming the 6 commitments of Thai Nguyen province to investors, the Chairman of the Provincial People's Committee emphasized: "Thai Nguyen province's government commits to always being ready to support investors no matter who they are and the fields they invest are inside or outside the industrial zones. They will receive prompt and timely support during the implementation of projects”.

These commitments have made a strong impression and attraction with investors from Korea. Therefore, during the discussion, many investors were interested and questioned the Chairman of Thai Nguyen Provincial People's Committee about a number of issues, such as: strategic solutions of the province to solve the shortage of human resources due to the impact of COVID-19 pandemic; policies to attract and create conditions for new investors to invest in non-industrial zones; Thai Nguyen's special preferential policy for investors compared to other localities... The mentioned-above issues were answered clearly by Mr. Trinh Viet Hung and were highly appreciated by investors.

Signing ceremony of cooperation agreements between SAIGONTEL - NGS Digital Alliance and BIDV Bank.

Within the framework of the Conference, the signing ceremony of cooperation agreements between SAIGONTEL and the Korea Overseas Infrastructure and Urban Development Corporation (KIND); National Innovation Center (NIC) with SAIGONTEL; SAIGONTEL - NGS Digital Alliance and BIDV Bank were took place.