ONLINE CONFERENCE ON CALLING INVESTMENT FROM THE US TO BINH DINH PROVINCE

With the speech at The Conference, Mr. Nguyen Tu Cong Hoang, Deputy Chairman of Binh Dinh Provincial People’s Committee, emphasized the commercial and investing co-operation between Binh Dinh Province and US Business Community had been expanded. However, the investment attracting result was not suitable with the two sides’ potential. At the presence, there were only three projects out-carrying in Binh Dinh Province (two projects in IPs and EZ controled of BEZA) on area of 316,67 hectares and USD 282.11 million of total investment capital. Mr. Deputy Chair also showed many provincial potentials and advantages for US investors to execute their projects here in Binh Dinh Province. Many clear investment and infrastructure policies were preferentially and effectively set up together with the synchronous technical infrastructure of traffic, industrial parks and society in Binh Dinh recently. With the presence of Becamex IDC Group, whose trademark had been located top position in investing and developing city and IP technical infrastructure in Vietnam and Binh Dinh, everything was nearly ready for all investors to set up their projects in the province. In Binh Dinh, investors would have the best conditions to successfully and sustainably execute and achieve their purposes.
Also at This Online Conference, Mr. Bill Dao, North America Chief Representative of Becamex IDC had speech on investment promotion and attraction policies in Vietnam, the strong points of Binh Dinh Province and Becamex IDC. He also noticed some strong and necessary steps for US investors to carry out a project in Vietnam in general and Binh Dinh Province in private. Vietnam has been the most attractive manufacturing location in Asia due to a combination of skilled labors, a young population, a strategic location, a worldwide trading network and the country's excellent prevention of effective recovery from COVID-19.
At The Event, Mr. Milton Hagler, General Director of Fluid Power & Controls, Co. Ltd, (a US Company) shared experiences in forming, executing and managing an US company in Vietnam. As a US company, Fluid Power & Controls, Co. Ltd, had a project in one of IPs of Becamex IDC in Binh Duong Province, Vietnam producing and manufacturing electric hydraulic equipment. According to Mr. Milton Hagler, if choosing Vietnam and Binh Dinh Province, Becamex IDC Group would provide free services for US Companies including free advices, free work plans in Vietnam, free means of transport (free driver), free tours at industrial parks & manufacturing companies, free translators, free tour guides, free lunches, free follow-up services and free work stations in Binh Dinh Province. Fluid Power & Controls, Co. Ltd, is a successful symbol of US company in Vietnam.
Taking this chance, many questions on investment policies, taxation, land, natural resources and environment, labor source, education, healthcare in Binh Dinh Province had been expressed by US investors and had been fully answered by Binh Dinh Leaders in details. With the purpose of introducing and broadcasting Binh Dinh Provincial potentials and strong points in order to attract more foreign direct investment (FDI) capital from The US to Binh Dinh Province, The Online Conference would be the useful bridge connecting US investors to Binh Dinh with modern manufacturing projects, especially in the period facing many difficulties from Covid-19 Pandemic