Thai Binh introduces investment opportunities to German investors

26/08/2019, 09:38

The northern province of Thai Binh has untapped potential in many sectors such as agriculture, industry, mining, renewable energy, footwear, textile and garment and personnel training thanks to favourable transport conditions and an abundant labour force, according to local authorities.

A meeting between Thai binh authorities and enterprises from Thuringen state

of Germany Photo: VNA

Nguyen Hong Dien, Secretary of the provincial Party Committee and Chairman of the provincial People’s Council, said Thai Binh had been offering a wide range of preferential policies for foreign investors.

During a meeting with authorities and enterprises from Thuringen state of Germany as part of his ongoing visit to Europe, Dien praised long-lasting relations between his province and Thuringen which is home to the world’s leading wind turbine maker Enercon.

The ties would be enhanced after Viet Nam and the EU’s agreements on free trade and investment protection take effect, he noted.

Working with Enercon, he said he hoped the corporation would seek investment opportunities in building an equipment production plant and a human resources training centre in the locality, adding several wind power projects had been developed in the province to take advantage of the 54-kilometre coastline.

During the meeting, Enercon and other businesses in Thuringen expressed their interest in investing in the locality.

Vietnamese Ambassador to Germany Nguyen Minh Vu said the embassy would make efforts to help Thai Binh seek partners and call for German investment in local industrial clusters.

Thai Binh is now home to 12 industrial parks, 50 industrial clusters and one economic zone.

According to Thai Binh's portal, the province strives to have 12 industrial zones (IZs) covering a total area of more than 2,500ha by 2020. Seven have been approved for construction while six are already operational.

As of May 25, the province's IZs had attracted 189 projects, including 142 foreign-invested ones, with combined investment capital of more than VND31 trillion (US$1.33 billion).

Meanwhile, its operational industrial clusters had lured 380 projects as of May 27.

Source: VNA


Related articles

(0) Comments
Focus
The Beauty of Hòn Cau Island
March signals the perfect time for a visit to Hòn Cau Island (Phước Thể, Tuy Phong) as the weather transitions and the golden sunlight bathes the island. Located about 110 km from Phan Thiết, Cù Lao Câu is a pristine, uninhabited island that has become a nature reserve, home to rare sea turtles.
Do not miss
  • The King Has Fallen: Man Utd Crash Out of FA Cup
    25 yesterday Sports
    Recently, Manchester United’s FA Cup title defense came to a crushing end as Fulham stunned the Red Devils in a dramatic penalty shootout to secure their place in the quarterfinals. Heading into the fifth-round clash at Old Trafford,...
  • Sunset Slope: Phan Thiet’s Hidden Gem for Breathtaking Views
    28 yesterday LANDSCAPES
    BTO – Still in the heat of the first two lunar months, Sunset Slope on Co Mountain has become a renowned sunset-watching spot in Phan Thiet. Located in Phu Hai Ward, this stunning location offers breathtaking views of the mountains...
  • Victory Seals the Throne
    one month ago Sports
    BTO-After suffering a loss in the first leg at home last week, Manchester City finds itself in a tough spot in its quest for a spot in the Champions League Round of 16 against Real Madrid. This defeat marked their first loss to Madrid...
  • Tough game Alonso!
    one month ago Sports
    BTO-The Round 22 Bundesliga showdown between Bayer Leverkusen and Bayern Munich was one of the most anticipated of the season. On one side, there were the defending champions, and on the other, the league leaders. Bayern entered the...
  • Back to the Top for Barcelona
    one month ago Sports
    BTO-Before taking on Rayo Vallecano, Barcelona had the chance to claim the top spot in La Liga after both Real Madrid and Atletico Madrid were held to 1-1 draws in Round 24 (Real drew with Osasuna, Atletico drew with Celta Vigo). The...
  • Bayern Munich's Roar
    one month ago Sports
    Bayern Munich were strong favorites against Celtic in their Champions League play-off. Despite being the away team, Vincent Kompany's side comfortably won 2-1, securing an advantage for the return leg at Allianz Arena.
  • Binh Thuan: 7 OCOP 4-star products recognized and re-recognized
    one month ago Business
    BTO – Binh Thuan provincial People's Committee has lately approved the evaluation results and issued certificates for 7 products in the first and second batches of 2024 for OCOP 4-star products.
  • Binh Thuan’s dragon fruit on display at an exhibition in Germany
    one month ago Business
    BTO- Binh Thuan dragon fruit will be present at the Fruit Logistica Berlin fruit and vegetable exhibition took place in Germany from February 5 to 7, 2025.
  • Red and Blue: Manchester’s Double Disaster
    one month ago Sports
    BTO-Recently, the two “powerful” football teams from the country of Man UTD and Man City both endured heavy defeats. MU lost at home to Crystal Palace with a score of 0-2. Meanwhile, Man City was hammered 5-1 by Arsenal on their ground....
  • Binh Thuan welcomed around 220,000 visitors during the Tet holiday
    one month ago Travel
    BTO-According to the Department of Culture, Sports, and Tourism of Binh Thuan, the province received approximately 220,000 visitors during the 9-day Lunar New Year holiday, marking a 10% increase compared to last year’s traditional...
  • A New Rising Star
    2 month ago Sports
    BTO-Joao Fonseca, a tennis player ranked 145th in the ATP standings, has caused a stir in the global tennis community after winning the 2024 Next Gen ATP Finals with the lowest ranking among the players in the tournament. With a mature,...
  • The Fall of the Giants
    2 month ago Sports
    BTO-Both "giants" Liverpool and Arsenal recently played their Carabao Cup semi-final first-leg matches. While Liverpool faced Tottenham, Arsenal hosted Newcastle. Both teams suffered defeats—Liverpool lost 0-1 to Tottenham, and Arsenal...
  • A Precious Point at Anfield
    2 month ago Sports
    On the last day of 2024, Manchester United suffered a 0-2 defeat against Newcastle at "The Theater of Dreams," Old Trafford. This was their fourth consecutive loss in the Premier League. The "curse" seemed far from over for Man Utd...
  • Lionel Messi Honored with the Presidential Medal of Freedom
    2 month ago Sports
    BTO-In the early days of 2025, Lionel Messi received a prestigious honor when U.S. President Joe Biden awarded him the Presidential Medal of Freedom. This civilian award, the highest in the United States, might have been a surprise,...
  • Time to back “home” Amorim!
    2 month ago Sports
    BTO-Under Ruben Amorim, Sporting Lisbon achieved a perfect start in the Portuguese Primeira Liga, winning their first 12 matches and holding the top spot for over four months. However, after Amorim left Lisbon, both he and his former...
  • Thank You, Xuan Son!
    2 month ago Sports
    Two days have passed since the Vietnamese national football team clinched the ASEAN Cup title after defeating Thailand in both legs of the final. The victory’s echo still resonates in the hearts of every Vietnamese. Amid the joy of...
  • La Ngau People Venture into Tourism
    2 month ago Travel
    BTO - Recently, Tanh Linh has been in the rainy season; however, community-based rural tourism spots in La Ngau commune still attract visitors, especially on weekends, thanks to the rain's variability.
  • Lunar New Year 2025: Mui Ne ranked among Top 10 Favorite Domestic Destinations for Vietnamese Travelers
    3 month ago NEWS
    BTO-Booking.com, a leading global online travel platform, has just announced the top 10 domestic and international destinations favored by Vietnamese travelers for the Lunar New Year 2025. Mui Ne (Binh Thuan), renowned for its premium...
  • Phan Thiet saw a great number of Tourist arrivals  in 2024
    3 month ago Travel
    BTO – The number of tourist arrivals to Phan Thiet has significantly increased by 10 percent compared to the previous year. Particularly, the locality has welcomed approximately 6.8 millions turns of visitors, including about 350.000...
  • A New Race Begins
    3 month ago Sports
    BTO-“I grew up in a poor rural area, where life was full of challenges and hardships. And yet, here I am now, standing here, with this great award and joy!” Vinicius Jr spoke these heartfelt words during the 2024 FIFA The Best Awards...
POWERED BY ONECMS - A PRODUCT OF NEKO
Thai Binh introduces investment opportunities to German investors