Nghe An meets investors in Spring of the Monkey

(Baonghean.vn) - On the afternoon of February 21, the Binh Than Spring Investors Meeting was held in Vinh City, organized by the Nghe An Provincial People's Committee in coordination with BIDV. This is an annual activity to promote and attract investment in the province and is the 8th year BIDV has accompanied the event as the main sponsor.

National Assembly Chairman Nguyen Sinh Hung attended the Conference.

Attending the conference, on the Central side were comrades: Nguyen Sinh Hung - Chairman of the National Assembly; Nguyen Xuan Phuc - Politburo member, Deputy Prime Minister; Tran Dai Quang - Politburo member, Minister of Public Security; Vuong Dinh Hue - Politburo member, Head of the Central Economic Commission; Uong Chu Luu - Party Central Committee member, Vice Chairman of the National Assembly.

Party Central Committee members: Phan Dinh Trac - Deputy Head of the Central Internal Affairs Committee; Nguyen The Ky - Deputy Head of the Central Propaganda Department; Nguyen Xuan Thang - President of the Vietnam Academy of Science and Technology; Nguyen Hanh Phuc - Head of the National Assembly Office; Nguyen Quang Duong - Deputy Secretary of the Central Enterprises Party Committee; Nguyen Chi Dung - Deputy Minister of Planning and Investment; Tran Binh Minh - General Director of Vietnam Television. Le Dinh Son - Secretary of the Provincial Party Committee, Chairman of the People's Committee of Ha Tinh province; leaders of central ministries and branches.

Central delegates at the conference.

On the side of Nghe An province, there were comrades: Ho Duc Phoc - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council; Nguyen Xuan Son - Standing Deputy Secretary of the Provincial Party Committee; Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Le Quang Huy - Deputy Secretary of the Provincial Party Committee; comrades in the Provincial Party Committee Standing Committee, leaders of the People's Council, People's Committee and departments and branches.

In addition, there were also Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Vietnam Jun Dae Joo; First Secretary of the Embassy of India, Third Secretary of the Embassy of Laos; leaders representing Gifu Province (Japan), Hunan Province (China), Xieng Khouang Province (Laos); and nearly 1,000 invited delegates representing leaders of neighboring provinces, domestic and foreign enterprises, and international organizations.

Mr. Tran Bac Ha - Chairman of the Board of Directors of Vietnam Joint Stock Commercial Bank for Investment and Development BIDV - co-organizer and sponsor of the event, and representatives of BIDV's Board of Directors were also present at the conference.

Cultural program to welcome the conference.

International guests attending the conference.

Since 2009, the Spring Investor Meeting has become a meeting point between the province and investors, opening an open dialogue forum, creating many new opportunities in attracting investment to Nghe An. Through 7 conferences, Nghe An province has attracted 663 projects, with a total registered capital of nearly 230,000 billion VND, including: 626 domestic investment projects with over 70,000 billion VND and 37 foreign direct investment (FDI) projects with nearly 158,000 billion VND (equivalent to nearly 7,200 million USD). Many large projects using high technology have been put into effective operation, creating many jobs and contributing to the budget.

In particular, 2015 was a year that marked many impressive achievements in the province's investment promotion work, with 111 projects newly granted investment certificates, with registered capital reaching over 87 trillion VND.

Speaking at the conference, comrade Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee affirmed that the success of previous conferences showed the right direction of Nghe An province in investment promotion.

At the same time, he also honored investors who have been with the province in socio-economic development in recent times such as Hoa Sen Group, TH Milk Food Joint Stock Company, MDF, Sabeco, Korean and Japanese investors... He also believed in the success of cooperation with new investors such as Vietnam - Singapore Industrial Park Joint Venture Company, Vietnam National Coal and Mineral Industries Group, The Vissai Group,...

Comrade Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee hopes to receive comments and suggestions through the Conference to improve the investment environment of Nghe An province.

He hoped that through this Conference, he would receive comments from delegates and investors to work together to build an increasingly attractive investment environment for Nghe An province, contributing to the successful implementation of Resolution 26 of the Politburo: Building Nghe An into a fairly developed province in the Northern region; a center of finance, trade, tourism, education - training, science - technology, health, culture, sports, and high-tech industry in the North Central region.

National Assembly Chairman Nguyen Sinh Hung highly appreciated the results of Nghe An's investment promotion. Through each conference, more and more investors have come to Nghe An, accompanied by an increasingly large investment flow. In 2016, after the success of the 12th National Party Congress, international integration has been further affirmed as the right and urgent direction. Nghe An needs to rise up to become an attractive investment market not only in the region and the country but also at the regional and international level.

National Assembly Chairman Nguyen Sinh Hung believes in the success of the Conference and the future of the international cooperation environment in Nghe An in particular and Vietnam in general.

Leaders of Nghe An province and BIDV presented National Assembly Chairman Nguyen Sinh Hung with a delicately crafted vase.

Mr. Tran Bac Ha - Chairman of the Board of Directors of the Bank for Investment and Development of Vietnam BIDV, the unit that initiated, sponsored and accompanied the conference for the past 7 years. Starting from the first conference in 2009 with only 156 participating enterprises, the conference has now truly become an open forum between the province and investors.

Mr. Tran Bac Ha - Chairman of BIDV's Board of Directors affirmed the effectiveness of the Investment Promotion Conference following the model of 3 "houses" - managers, investors, banks - an initiative BIDV launched in 2008.

The province's continuous efforts in strongly improving the investment environment and the recognition of businesses are the motivation and confidence for BIDV to persistently accompany Nghe An in promoting and attracting investment. Coming to this year's Spring investment "festival", BIDV commits to continue accompanying Nghe An and investors as a promotion focal point and credit provider.

Conference Overview.

At the Conference, delegates representing enterprises and international cooperation organizations exchanged many opinions related to improving the investment environment in Nghe An as well as expressing the thoughts and aspirations of investors to improve the effectiveness of cooperation, bringing benefits to both sides.

Mr. Jun Dae Joo - Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Vietnam said that there are currently 15 Korean enterprises operating in Nghe An and hopes that this number will increase in the near future.

Mr. Anthony Tan - Director of VSIP Nghe An Co., Ltd. said that VSIP's operating model is quite unique, acting as a bridge to mobilize and attract more investors to the locality.

Speaking at the conference, Deputy Prime Minister Nguyen Xuan Phuc highly appreciated and praised Nghe An's actions in recent times. The investment, business and administrative reform environment is on the right track, as evidenced by the many changes in the province's appearance in terms of infrastructure, policies and human resources. He expressed his joy at hearing many opinions from investors and highly appreciated the respect, goodwill and support of Nghe An provincial leaders so that projects can be quickly implemented and operate effectively.

Deputy Prime Minister Nguyen Xuan Phuc suggested that Nghe An continue to promote effective investment promotion methods and continuously reform to improve competitiveness in the investment and business market.

Besides, there are still many advantages of Nghe An that have not been exploited to their full potential such as marine economy, tourism, agriculture, deep mineral processing, etc. Besides the responsibility of the locality, it is necessary to have the cooperation of enterprises to maximize the potential of the locality and make optimal use of the potential of enterprises.

Comrade Ho Duc Phoc - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the People's Council of Nghe An province, on behalf of the leaders and people of the province, received the direction of the Deputy Prime Minister. As a province that has received much attention and expectation from the Party, State and Government, especially with Resolution 26 of the Politburo, Nghe An has been and will continue to make determined efforts in the task of socio-economic development, in which the task of improving the investment environment and promoting and attracting investment is one of the key solutions.

Comrade Ho Duc Phoc - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the People's Council of Nghe An province spoke to receive the direction of the Deputy Prime Minister.

To commend and acknowledge the positive contributions of enterprises in investment activities in Nghe An in 2015, the Chairman of the Provincial People's Committee has decided to award Certificates of Merit to 20 organizations and enterprises. Some notable names include: VSIP Nghe An Company Limited, Hoa Sen Nghe An Steel One Member Co., Ltd., Song Lam Cement Joint Stock Company, Masan MB Nghe An Company Limited, TH Milk Food Joint Stock Company.

Awarding commemorative medals to individuals who initiated and directed and organized the Conference over the past 7 years.

Awarding Certificates of Merit to organizations and enterprises with positive contributions to investment activities in Nghe An in 2015.

Also at the Conference, the province granted Investment Registration Certificates to 10 projects with a total investment value of VND 3,566 billion, and signed 5 investment agreements with a total value of VND 61,531 billion. On the BIDV side, 5 project financing principle agreements were signed with a total value of VND 13,432 billion. The province signed a Memorandum of Understanding on cooperation mechanism with the Vietnam Chamber of Commerce and Industry.

Signing of Memorandum of Understanding on cooperation mechanism between Vietnam Chamber of Commerce and Industry VCCI and Nghe An province.

PV Group