Within the framework of the Investment Promotion Program in Thailand, on the morning of March 30th, in Bangkok, Thailand, the Standing Vice Chairman of Binh Dinh Provincial People’s Committee, Nguyen Tuan Thanh, along with the members of the working delegation attended the investment promotion seminar between Binh Dinh province and Thailand with the theme “Binh Dinh Economic Zone – A destination for investors”. The Provincial People’s Committee jointly organized the seminar with Becamex Binh Dinh Joint Stock Company and the Federation of Thai Industries (FTI).
At the seminar, Dr. Nilsuwan Leelarasamee, Vice President of the FTI, spoke highly of the working visit of Binh Dinh province. He believed that the direct visit of a Vietnamese locality to Thailand to call for investment was a progressive approach, reflecting the innovative and action-oriented style of the government.
During his speech at the conference, Nguyen Tuan Thanh, the Standing Vice Chairman of the People’s Committee of Binh Dinh province, highlighted the province’s continuous efforts to improve the quality of the investment environment and become an “ideal destination” for both domestic and foreign investors. Binh Dinh is also prioritizing the development and completion of transportation infrastructure systems, economic zones, and industrial parks to attract investment. The province has special mechanisms and preferential policies for foreign businesses investing in the region, along with ongoing administrative procedure reforms related to investment, construction, taxation, and customs. In addition, Binh Dinh is committed to improving the relationship between investors, businesses, and local authorities, with the goal of establishing a professional, modern, effective, and efficient administrative system. Overall, Binh Dinh is fully committed to supporting the legitimate interests and success of investors. Thai businesses investing in Binh Dinh can expect to receive all necessary advantages to implement their projects and achieve sustainable development.
During the seminar highlighting the benefits of investing in the Becamex VSIP Binh Dinh Industrial Park, Ms. Piyakul Suwansumrit, Becamex’s representative in Thailand, shared that the industrial park has completed over 200 hectares of infrastructure and is now open for secondary investors to immediately commence their projects. Along with the incentives offered by the central government and Binh Dinh province, investors at the Becamex VSIP Binh Dinh Industrial Park will receive free support throughout the investment process, including assistance in recruitment programs and access to high-quality labor, as well as free office space before and after the establishment of their legal entities. Additionally, the company has other enticing incentive policies for employees working at the industrial park and businesses investing in the Becamex VSIP Binh Dinh Industrial Park, and for the development of investment, production, and business in Binh Dinh’s prioritized sectors.
In addition, Mr. Komon Liamnimit, Vice President of Technical Support and Business for Pork at Charoen Pokphand Group Company, Ltd., also explained why the company chose Binh Dinh as the location for their production plant. He evaluated the provincial government of Binh Dinh as transparent, open, and very supportive of businesses. Compared to the initial market research period, the province’s economy has developed rapidly and has a complete social infrastructure. In the future, the formation of high-speed road lines and international airport investment will be a breakthrough opportunity for Binh Dinh. Therefore, Thai businesses are particularly interested in the Binh Dinh’s investment environment.
During the seminar, Nguyen Tuan Thanh, the Standing Vice Chairman of Binh Dinh People’s Committee, extended a respectful invitation to Thai investors and businesses to explore investment opportunities in Binh Dinh province and collaborate for mutual development. He also expressed his hope that FIT and Becamex’s representative in Thailand would facilitate the connection between Thai businesses and Binh Dinh to promote commercial activities and investment cooperation.