Ten enterprises invest VND17 trillion into Ha Nam
Worthy of special mention is a US$300 million project invested by the Seoul Semiconductor group from the Republic of Korea.
Also on the occasion, the Bank for Investment and Development of Vietnam (BIDV) pledged VND20 trillion (US$900 million) in credit for developing the infrastructure facilities of local industrial parks (IPs) and supporting investors in the IPs, particularly those from Japan, the Republic of Korea, Taiwan (China).
The local government and BIDV’s branch in Ha Nam also signed four memoranda of understandings on providing credits, worth a total of nearly VND4 trillion (US$180 million).
Those were the outcomes of the August 6 conference to promote investment in the locality with the attendance of Prime Minister Nguyen Xuan Phuc and over 400 representatives from international and domestic businesses.
Addressing the event, PM Nguyen Xuan Phuc said Ha Nam’s ten commitments to investors will help increase the locality’s attractiveness.
He urged the local authorities to promote innovative thinking in economic and administrative management, establishing additional mechanisms to enhance dialogue with businesses and increase businesses’ access to information.
At the same time, the PM reminded the province to pay heed to protecting the environment and promoting the development of other sectors, including tourism, services, education, training and health care.
The Prime Minister pledged the Government will continue to create a favourable business climate to make Vietnam one of the top investment destinations in ASEAN.
Ha Nam is among the 15 top destinations for investors in the country. As of June this year, the province boasted nearly 600 valid investment projects, worth over US$4.95 billion.
In 2015, the locality ranked 31st in the provincial competitiveness index (PCI), up from the 45th position in 2014.