Minister of Planning and Investment Bui Quang Vinh called for more investment from Singaporean firms in the central province Ha Tinh, pledging to improve the locality’s investment climate.
The Vietnamese Government is committed to ensuring the safety of international enterprises and creating favourable conditions, including for Singaporean firms, Vinh said during a seminar jointly organised by the Singapore Business Federation and the Vietnamese Embassy on November 5, which was attended by representatives from around 100 Singaporean and Asian firms.
Ha Tinh enjoys a strategic location in the East-West Economic Corridor, connecting the northern, central and southern regions of Vietnam , he noted.
Meanwhile, Chairman of Ha Tinh’s People’s Committee Vo Kim Cu highlighted the province’s potential, advantages and investment opportunities, as well as its preferential policies to attract investment to its industrial parks, including Vung Ang and Cau Treo.
Ha Tinh is one of the localities that benefit the most from the Government’s preferential investment policy in terms of tax and land use regulations, especially for projects in Vung Ang industrial park and Cau Treo border gate economic zone, he noted.
In addition, the province vows to support investors with ground clearance, infrastructure construction and human resources development, he stated.
The provincial leader encouraged Singaporean firms to get involved in ship repairs, maintenance and maritime services; industrial park development; logistics; administrative, banking and insurance services; and the construction and management of hospitals and schools.
Phan Toan Thang, Founding Director of Cell Research Corporation Pte Ltd, expressed an interest in investing in healthcare services in the province.
Meanwhile, Lee Yee Hern, Chief Financial Officer of Kinderworld, said he was keen to contribute to Ha Tinh’s education sector and professional capacity development, targeting thousands of workers in local industrial parks.
Following the seminar, a number of cooperation documents were signed, including a memorandum of understanding on the partnership between LC Travel Planner and Ha Tinh’s Department of Planning and Investment on a project to turn Ha Tinh City into a trade centre and hotel and tourism complex; and another between Ruixin Investment Pte and the Management Board of the Ha Tinh Economic Zone on a logistics project in Vung Ang economic zone.-VNA
Ha Tinh province invites more Singaporean investment Related image(s)
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