Over 400 foreign businesses join conference in Guangdong
18:28', 19/11/ 2008 (GMT+7)

The conference on overseas investment promotion into Nhon Hoi Economic Zone (EZ) was held on November 17 in Guangzhou city, China.

Vu Hoang Ha, Secretary of provincial Party Committee; Le Ngoc Thu, Consul General of Vietnam in Guangdong; other leaders; and more than 400 businesses in Guangdong attended the conference.

 

Provincial Secretary Vu Hoang Ha delivers a speech at the conference. Photo C.H

 

Under the strategic cooperation between Vietnam and China, the economic cooperation between Vietnam and China as well as Guangdong province has strongly developed.

Two countries’ export turnover reached US$2,416 million in the first nine months of 2008, a surge of 49.15% over 2007. Many businesses in Guangdong have recently decided to invest in Vietnam.

The conference on overseas investment promotion into Nhon Hoi EZ was held in Guangzhou city of Guangdong province, one of economic hubs in China. Meanwhile, Binh Dinh, a central coastal province of Vietnam, is an investment destination attracting many foreign investors.

At the conference, Binh Dinh province and its incentive investment policies were introduced to participants. Binh Dinh’s leaders promised to create all favorble conditions for those who want to invest in Binh Dinh and Nhon Hoi EZ.

Also, Chairman of Hong Yeung Vietnam One-Member Co., Ltd Tu Phong Boi signed contracts for land lease with Chinese investors at the conference.

Many investors then had a talk with Binh Dinh provincial leaders and Hong Yeung representative about specific projects and the investment environment in Binh Dinh.

Provincial Secretary Vu Hoang Ha and his entourage held a meeting with Guangdong’s leaders. Vice Chairman of Guangdong province highly appreciated the delegation’s visit.

Ha promised that Binh Dinh’s leaders will always create favorable conditions for Guangzhou’s investors to invest in Binh Dinh.

The delegation had also visited the Consulate General of Vietnam in Guangzhou. The Consul General of Vietnam in Guangzhou Le Ngoc Thu hailed the delegation’s visit and promised to help introduce Binh Dinh to foreign investors in Guangdong and other provinces of China.

Ha and his entourage visited Shenzhen city on November 18 and attended the signing ceremony between Hong Yeung Company and foreign investors.

  • Cat Hung (translated by HQuang)

 

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