Vice Chairman of the Nghe An provincial People’s Committee, Le Huy Dai, introduced the province’s potential, strength and favourable geographic position.

The locality has huge potential for developing the processing industry, forestry and maritime. However, it has not yet had many UK-invested projects.

The provincial leader expressed his hope that through the seminar, UK businesses will gain a better understanding about the province, encouraging investment, for their own interests and for provincial socio-economic development.

S.K Lingam, President of the ASEAN-UK Business Forum, called on UK businesses to keep their eye open for Vietnam which has a dynamic economy and political stability.

He pointed out Vietnam’s business and investment opportunities, especially in oil and gas, retails, port and logistics, education and training, financial services, electricity, information technology, and infrastructure, notably public-private partnership (TPP) projects.

Martyn Skinner, a consultant for the sole UK-invested project in Nghe An – Tate & Lyle Suger Factory which opened in 1996, shared experience in effectively running the project in Vietnam.

Tate & Lyle is considered the most effective among the 44 sugar projects in Vietnam. It has contributed significantly to provincial socio-economic development.

Dai answered all UK businesses’ questions related to the province’s preferential investment policies and administration procedures.