Chinese, Korean firms seek investment opportunities in Binh Phuoc

February 22, 2019 | 11:58
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A delegation from Food Valley of China (FVC) led by former Chinese Ambassador to Vietnam Hu Qianwen made a fact-finding tour to the southern province of Binh Phuoc on February 20 to study the possibility of boosting exports via official channels to China.
chinese korean firms seek investment opportunities in binh phuoc
Secretary of Binh Phuoc provincial Party Committee Nguyen Van Loi (fourth from left) welcomes delegation from Food Valley of China (Source: VNA)

Working with the delegation, Secretary of the provincial Party Committee Nguyen Van Loi introduced the delegation to the province’s main agricultural products such as rubber, cashew nuts, pepper, cocoa, mango, durian and orange.

The province has linked many value chains with clean production to ensure quality of the products for export, he added.

Loi voiced his belief that through the working session, the two sides’ enterprises will have better understanding towards long-term cooperation in the time to come.

Hu said that, through the introduction of the Vietnamese Ministry of Agriculture and Rural Development, the delegation chose Binh Phuoc as the first destination to boost trade connectivity.

Speaking of the province’s main products and agricultural strengths, he stated that the delegation will send several experts to Binh Phuoc to study its market and bring more Chinese enterprises to attend the Binh Phuoc’s annual farm produce fair in April.

On the same day, Loi also had a working session with representatives from the Republic of Korea’s Hankuk Carbon Company which is building a factory at the Becamex-Binh Phuoc Industrial Park. The factory is expected to put into operation between June and August.

Highly speaking the capacity of Korean investors, especially in carbon production, Loi hoped that more Korean enterprises would pour capital into Binh Phuoc province.

Binh Phuoc province will create all favourable conditions for investors, he affirmed.


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