15:38 | 26/11/2015 Investment
Authorities of Vietnam’s southern province of Binh Duong hope to draw investment of the Netherlands’ Emmen city in high-technology agriculture and industry.
VSIP II in Binh Duong province (Photo: www.vsip.com.vn)
Tran Van Nam, chairman of the municipal People’s Committee, made the statement to leaders and corporate executives of Emmen city at a signing ceremony of a memorandum of understanding between the two localities on November 17.
Binh Duong, located near Ho Chi Minh City, has a lot of potential for developing industrial and urban infrastructure, Emmen city’s Mayor Cees Bijl said, adding the city will lend support for businesses of the two localities.
The two sides agreed to enhance cooperation in trade, service, tourism and investment, and facilitate operation of businesses in the two cities, the Saigon Times newspaper reported.
Foreign investors have so far rolled out 2,550 projects worth $22 billion in Binh Duong province, which is home to dozens of industrial parks. Among them, businesses from the Netherlands have implemented 21 projects having a combined capital of $683 million./.