Following the working program in Korea, on the afternoon of April 13, 2023, in Seoul, South Korea, the province of Binh Phuoc successfully collaborated with the Vietnamese Embassy in South Korea and the Korea International Trade Association (KITA) to organize an investment promotion conference in South Korea, with the participation of approximately 100 Korean businesses and investors.
Attending the conference from the province of Binh Phuoc were: Central Committee Member of the Party, Secretary of the Provincial Party Committee - Mr. Nguyen Manh Cuong; Provincial Party Committee Member, Vice Chairman of the Provincial People's Committee - Mr. Huynh Anh Minh, along with leaders of departments, committees, and sectors of the province.
On the part of the Vietnamese diplomatic representation in South Korea, the conference was attended by Mr. Nguyen Vu Tung, Ambassador Extraordinary and Plenipotentiary of Vietnam to South Korea.
At the conference, Mr. Nguyen Vu Tung, the Ambassador Extraordinary and Plenipotentiary of Vietnam to South Korea, emphasized: Binh Phuoc is a new market with great potential, suitable for the requirements, and a significant opportunity for South Korean investors in the coming time.
To introduce the potential and investment opportunities of Binh Phuoc province – a rich and dynamic region, Mr. Huynh Anh Minh, Vice Chairman of the Provincial People's Committee, stated: "This conference is an opportunity for Binh Phuoc province to meet and engage with Korean corporations, businesses, and investors – potential partners who have always shown interest and support, contributing significantly to the overall economic and social development of Vietnam and specifically Binh Phuoc. We highly appreciate the potential of investors and hope that large corporations as well as small and medium-sized enterprises from Korea will invest even more in Binh Phuoc province. We believe that, with the strengths and experience in technology, finance, international market networks, and business management skills of Korean enterprises, combined with the advantages of Binh Phuoc, it will bring substantial and practical benefits to both parties."
Following the presentation on the province's potential and strengths, as well as the experiences shared by businesses that have invested or are currently investing in Binh Phuoc, the lively exchange and discussion among conference delegates took place. During this session, the conference addressed the queries of businesses and South Korean investors regarding the province's economic and social development direction, areas attracting foreign investment, and policies related to taxation, land, education, training,...
In his concluding remarks at the conference, Central Party Committee Member and Secretary of the Provincial Party Committee Nguyen Manh Cuong emphasized that although Binh Phuoc is not yet among the top provinces in Vietnam, its potential, existing advantages, combined with the determination of government authorities at all levels, are propelling Binh Phuoc from a development reserve to actual development. It is becoming an attractive investment destination for foreign investors in Vietnam. Binh Phuoc is always ready to welcome investors, especially those from South Korea.
Secretary of the Provincial Party Committee Nguyen Manh Cuong affirmed: Binh Phuoc province is committed to always standing side by side and accompanying businesses, specialized agencies, and local authorities at all levels, always ready to create the most favorable conditions for the production and business activities of foreign enterprises operating in the province.
According to Nguyen Thi Hang
ELECTRONIC INFORMATION PAGE OF DEPARTMENT OF FOREIGN AFFAIRS OF BINH PHUOC PROVINCE