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ChineseWithin the framework of the visit and work in Korea, the delegation of Bac Ninh province led by Mr. Nguyen Anh Tuan, Member of the Party Central Committee, Secretary of the Provincial Party Committee, had many meetings and investment promotion activities with corporations and large businesses. ''To welcome interested investors, Bac Ninh province is always ready with clean premises, ready with human resources, ready for reform, ready to support investors interested in investing in the province'', Mr. Nguyen Anh Tuan said.
Ready to support investors
At the contacts and meetings, the delegation introduced to Korean corporations and businesses useful information about culture, history as well as outstanding achievements in socio-economic development. of the province recently. Although it is the smallest locality in the country, Bac Ninh has the second highest export value in the country; GDP per capita ranked 3rd; Total foreign direct investment ranks 4th; Average income per capita ranks 6th in the country.
Bac Ninh is considered a bright spot in the country in attracting foreign investment with more than 2,000 valid FDI projects with a total investment capital of more than 25.6 billion USD from 39 countries and territories.
Sending greetings and sincere friendship feelings to representatives of Korean corporations, organizations, and business communities, Secretary of the Bac Ninh Provincial Party Committee Nguyen Anh Tuan emphasized that Vietnam-Korea relations have developed. strong, substantial and achieved many great achievements. The two countries have become each other's most important partners in many fields, especially in the fields of economics, trade and investment.
Bac Ninh province is always interested in promoting economic cooperation and investment promotion with Korean partners, especially in the context that the two countries just upgraded their relationship to "Comprehensive Strategic Partnership" last December 2022.
For Bac Ninh province, Korean businesses are very important investment partners, currently developing very strongly and successfully, and are considered a model of determination and efficiency in investment. Bac Ninh's goal in the coming time is to attract investment associated with sustainable development, encourage links between FDI enterprises and domestic enterprises, and increase the localization rate of products.
Connect and promote collaborative support
In particular, on the afternoon of November 9, in Seoul city, Bac Ninh province, a Korean business connection seminar was held with the participation of more than 20 businesses. Participating businesses highly appreciated the delegation from Bac Ninh province coming and organizing investment introduction and promotion activities right in Korea.
Expressing confidence in the environment, potential and development of Bac Ninh province recently, Korean businesses directly discussed a number of contents related to land rental incentives; administrative and legal procedures when investing in Vietnam; At the same time, we hope to be able to connect with the province in the field of production and distribution of industrial equipment, electronic components, semiconductors, environment, human resource training support...
Mr. Kim Lee Hoo, Deputy Director in charge of production of Amkor Group, highly appreciated the goodwill and support of the Vietnamese Government, ministries and branches, especially Bac Ninh province, for creating favorable conditions for the factory to produce products. Production, assembly and testing of semiconductor materials and equipment by Amkor Technology Vietnam Limited Liability Company in Bac Ninh province with a total registered investment capital of phase 1 of about 530 million USD was inaugurated and launched last October.
The Group wishes to increase the use of highly qualified engineers and personnel in Vietnam, and at the same time make positive contributions to the development and formation of the Group's semiconductor ecosystem in Vietnam.
Visiting and working at Samsung Group, Secretary of the Bac Ninh Provincial Party Committee Nguyen Anh Tuan hopes that in the coming time, the relationship between Samsung and Bac Ninh province will develop better and more effectively, especially when the two countries upgrading the relationship to "Comprehensive strategic partnership"; At the same time, we hope that Samsung Group will continue to sympathize and share on the issue of applying global minimum tax; Consider expanding investment, restructuring production and changing the production environment in Vietnam in general and Bac Ninh in particular towards green transformation and smart production.
Welcoming the delegation of Bac Ninh province to visit and work, representatives of Samsung Group congratulated the achievements in socio-economic development of Bac Ninh province. Currently, Samsung has more than 2,100 partners globally, of which Samsung Electronics alone has four business entities and six research centers.
Samsung Group hopes that the National Assembly and the Government of Vietnam will consider and soon have a solution related to the global minimum tax issue; At the same time, there are incentives for products made in Vietnam and additional corporate tax reduction in Bac Ninh in the near future.
At the meeting in Gyeongsangbuk province, the Secretary of the Bac Ninh Provincial Party Committee respectfully invited Provincial Governor Lee Cheol-Woo to visit Bac Ninh province in the near future and sign a Memorandum of Understanding to establish friendly cooperative relations between the two provinces and promote increasingly developed exchange and cooperation relations in all fields.
The Secretary of the Bac Ninh Provincial Party Committee hopes that the Provincial Governor will pay attention to quickly promoting the Vietnamese Village Project in Bonghwa. Support and encourage Korean businesses in general and Gyeongsangbuk province businesses in particular to explore investing in Bac Ninh, especially in the areas that the province is prioritizing in economics, trade, agriculture, culture, tourism, healthcare, education and training…
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