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US invests more than 911 million USD in Binh Duong
Date: 12/6/2021 9:14:37 AM
In December 2021, at Binh Duong Convention and Exhibition Center, Binh Duong Provincial People’s Committee coordinated with Becamex IDC Corporation to organize an online conference to promote US investment.

Attending the conference at Binh Duong Bridge were Mr. Vo Van Minh, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Committee; leaders of departments, departments and branches of the province and Becamex IDC Corporation. At the US bridge point, there were Ms. Le Thi Hai Van, Economic Counselor in charge of FDI investment, Vietnam Embassy in the US; Mr. Max Sutherland, President and General Manager of World Trade Center Atlanta; Ms. Dawn Townsend, Senior Director of Trade and Investment, Bureau of Economic Development Atlanta, Office of the Governor of the State of Georgia; representing many units, organizations and potential investors in the United States.

Binh Duong is currently the second largest locality in the country in terms of attracting foreign investment capital (FDI) after Ho Chi Minh City with a total of 4,016 investment projects from 65 countries and territories, with a total registered capital. more than 37 billion USD; in which the United States has invested in 128 projects with a total investment capital of more than 911 million USD.

Over the past years, Binh Duong province’s government has always paid attention to supporting the development of investment enterprises in the province through improving the investment environment, enhancing competitiveness, applying science and technology to the region. simplify administrative procedures, deploy human resource training, build social housing, housing for workers, supply labor sources for businesses to invest in the province.

Accompanying and creating the most favorable conditions for businesses to resume production and maintain supply chains through dialogue sessions, contact with associations, businesses, provincial leaders always listen and promptly solve problems. in times of difficulties and obstacles, creating favorable conditions for US investors and businesses to operate effectively.

At the conference, Ms. Dawn Townsend, highly appreciated the investment environment of Vietnam and said that Vietnam is an attractive destination, chosen by corporations and companies, especially the supply chain, with a young population. developed economies in Southeast Asia; At the same time, considering that Binh Duong is also the leading industrial production center in Vietnam, this is an opportunity for businesses to choose and learn about the investment environment.

US investment promotion online conference.

Ms. Le Thi Hai Van, Economic Counselor, in charge of FDI investment, Embassy of Vietnam in the United States introduced policies to attract FDI in Vietnam through a number of investment promotion programs. Vietnam has a strategic location in Southeast Asia, convenient waterway transport connecting with countries around the world; Road traffic is also convenient, the highway connects the locality.

Besides, Vietnam also has extensive connections with international partners, trade agreements; Vietnam is also a country ranked in the innovation index; Vietnam also perfected institutions and laws to create favorable conditions for foreign investors to invest in Vietnam.

Mr. Bill Dao, the representative of Becamex IDC Corporation in the North American market, introduced preferential policies for FDI investment in Binh Duong and Becamex industrial parks as investors. The province is also the first locality in Vietnam to build a smart city, giving priority to attracting investment from the world’s leading potential partners with modern management skills, including US partners in the coming years. high-tech, environmentally friendly industries, creating high added value; financial services, logistics; supporting industries, hi-tech agriculture and especially attracting investment in the science and technology industrial park with the vision of becoming the innovation center of the southern key economic region...

Sharing his experience in investing and operating a manufacturing company in Vietnam, Mr. Scott Ellyson, CEO and co-founder of East West Manufacturing with 2 factories in Binh Duong said: In the coming time, East West Manufacturing continued to expand 2 factories in Binh Duong.

Appreciating the Binh Duong provincial government for always accompanying US businesses during the past time, Mr. Scott Ellyson said that the epidemic had affected business production and business of enterprises, but with the support of local authorities. Locally, company workers have been vaccinated with 2 full doses to stabilize production and business.

At the conference, Chairman of Binh Duong Provincial People’s Committee Vo Van Minh cordially invited US investors, businesses and businessmen to come to explore investment opportunities in the province. Binh Duong Province and Becamex IDC Corporation commit to always accompany, support and create the most favorable conditions for foreign investors, including US investors.

Chairman of Binh Duong Provincial People’s Committee also emphasized the maintenance of regular dialogue channels with the business community both at home and abroad, in order to timely adjust policies in accordance with the development interests of the locality and interests. legitimacy of the business community in the province.


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