On the afternoon of December 14, Nguyen Hoang Thao, Vice-Secretary of provincial Party Committee, Chairman of provincial People’s Committee presided over an online seminar on Indian investment promotion, which was co-held by Vietnamese Embassy in India, Indian Consul General in HCM city, PHD Chamber of Commerce and Industry in India, Becamex IDC and concerned agencies.
The event was attended by Indian Consul General in HCM city, leaders of relevant sectors, departments, provincial Industrial Parks Management Board, Becamex IDC, enterprises, entrepreneurs and around 100 Indian investors.
Speaking at the event, Mr.Thao said that despite the impacts from Covid-19 pandemic in 2020, the province still maintained the local economic growth. The province’s Gross Regional Domestic Product (GRDP) growth rate was estimated at 6.91% while the GRDP per capita was VND150million per year, equivalent to US$6.500. The province’s export turnover was estimated at US$27.43billion, up 8.5%. The province’s trade surplus was nearly US$6billion. So far, the province has absorbed 3,928 FDI projects with a total registered capital of more than US$35.4billion, ranking third nationwide in FDI attraction.
He also emphasized that the province wants to further receive positive cooperation from the Embassies, Consul Generals and Business Associations of the two countries together with PHD Chamber of Commerce and Industry in India to boost bilateral cooperation relations and expand multi-faceted ones, aiming to create new strides in the province’s deeper and deeper international integration process and make a momentum for new development in the 4.0 industry.
The province also wants that Indian investors will arrive in the province to learn about the local investment climate, promoting bilateral cooperation relations between the two countries. The province has so far absorbed 10 investment projects from India with total capital of US$116million.
Reported by Ngoc Thanh-Translated by K.T
