Binh Dinh promotes investment, trade cooperation with India

Vietnam’s south central coastal province of Binh Dinh held a conference on June 25 to promote investment, trade and tourism with Indian partners.
An overview of the conference.
An overview of the conference.

Speaking at the event, Binh Dinh Party Secretary Ho Quoc Dung said the province is striving to become an important centre for science-technology, innovation and artificial intelligence in Vietnam.

He noted the influence of Indian culture on Champa relics in Binh Dinh as an attractive point for Indian investors and visitors which is expected to deepen the cooperation between the Vietnamese locality and Indian partners.

According to Deputy Minister of Planning and Investment Do Thanh Trung, Binh Dinh Province has recorded many improvements in its investment climate.

He stated that the ministry is willing to support Binh Dinh to translate its ideas and its determination for development into reality.

Trung also pledged to create all favourable conditions for Indian businesses to make successful long-term investments in Binh Dinh Province.

For his part, the Indian Consul General in Ho Chi Minh City highlighted the strong growth of India-Vietnam bilateral trade as well as Vietnam’s advantages, which include the country’s close proximity to China and its participation in many free trade agreements.

India currently ranks 25 among 146 countries and territories investing in Vietnam, with total registered capital of 1.02 billion USD.

Concluding the conference, Binh Dinh Party Secretary Ho Quoc Dung expressed his hope that Indian investors will soon carry out their investment projects in the province.

NDO