At the reception, on behalf of the provincial leader, PPC Vice Chairman Lai Thanh Son warmly welcomed the delegates and briefed them on the prominent achievements in socio-economic development, investment attraction as well as the provincial advantages and potentials.

The delegations of Bac Giang province and Taizhou city.

Currently, Chinese enterprises rank first in the total invested capital and second in the number of investment projects in Bac Giang province including several big businesses investing in the electronic component, solar panel, package production among others.

The PPC Vice Chairman hoped that Taizhou city and Bac Giang province continue tightening the cooperation relation, expanding ties in culture, tourism, people-to-people diplomatic besides the economic development. The enterprises in Taizhou city in particular and in China in general were encouraged to further seek the investment promotion in Bac Giang province. The province promised to creating the most favourable condition for the Chinese firms’ long term investment.

The PPC Permanent Vice Chairman Lai Thanh Son presents a gift to Yang Jie, Permanent Vice Chairman of the People’s Committee in Taizhou city.

The Permanent Vice Chairman of the People’s Committee in Taizhou city Yang Jie congratulated Bac Giang’s development, especially the GDP growth rate of 16.1 percent in the top leading provinces across Vietnam in 2018. With the advantages of herbal medicine, shipbuilding, green energy and tourism, Taizhou government calls for the businesses to invest in Bac Giang province. The initial coordination results played the role of a foundation for both countries to boost up a closer tie with higher efficiency.

Also, the guest had more discussion with the Bac Giang municipal People’s Committee. According to the Chairman of the municipal People’s Committee Mai Son, the city now has 11 Chinese invested projects totally worth about 300 million USD, especially the International Logistic Center in Bac Giang city.

Chairman of Bac Giang municipal People’s Committee Mai Son receives the bookcase of “Taizhou window” presented by Yang Jie, Permanent Vice Chairman of the People’s Committee in Taizhou city.

Currently it is put under execution in Song Khe commune with Hoang Phuc Management and Investment Company Limited and Hai Trinh Hai Nam Asset Management Joint Stock Company (China) as the investors. When completed, the project will become the site to gather and transit the commodities from Vietnam to China and vice versa. 

Thus, both sides agreed to expand and accelerate the collaboration in which focused on cultural exchange, economic development and investment attraction to the strong fields of two cities.

On the occasion, the authority in Taizhou city presented the bookcase of “Taizhou window” to Bac Giang city.

Hong Kong tops foreign investors in Vietnam

Hong Kong (China) topped the list of 66 countries and territories investing in Vietnam in January-February with a total investment of 4.3 billion USD, making up 51 percent of the new FDI inflow into the country. 

 

PM encourages investors in central province

Vietnam’s laws always protect the legitimate rights of investors and attach importance to all economic sectors, considering the private one as an important driving force of the development, Prime Minister Nguyen Xuan Phuc said on February 23.

 

Translating administrative procedures into foreign languages provides favourable conditions for investors

(BGO) - In order to improve competitiveness and attract investors, Bac Giang province has translated some administrative procedures into foreign languages. This approach provides favorable conditions for investors to study, grasp and implement the provisions of relevant laws.

 

Foreign investors open wallets for Vietnamese startups

Vietnamese startups in transport, homestay, fintech and other sectors have received millions of dollars from foreign investors in January.

 

Two foreign investors achieve success in Bac Giang

(BGO)- In recent years, investment attraction in the northern province of Bac Giang has gained dramatic results especially foreign direct investment (FDI) enterprises. After some years of operation, a number of foreign companies have reaped success. 

 

Quoc Phuong