MM slash DD slash YYYY

The consultation will help VN-BIS better understand the requirements of customers. We will discuss to dive deeper into your expectation to provide the most appropriate and optimal service for your investment in Vietnam.

For more convenience in arranging work and best support, please book a consultation appointment with VN-BIS’s customer service department in advance.

For meeting online

  • Please join your Zoom session via the links sent in your confirmation email and notify the VN-BIS consultant at least 10 minutes before your session.

Note: For the appointment booking service, the customer care staff of VN-BIS will call back within four working hours (office hours) to confirm the appointment. In case the customer would like to change the meeting, please contact us via email or hotline to choose a suitable time.
Please notify cancellation if you cannot arrive on time.

  • News
  • News in Vietnam
  • 28 December 2021

Billions of USD committed to investing in Hung Yen

Along with the projects awarded the investment approval decision and the establishment decision with a total capital of up to 6 billion USD, Hung Yen province also reached agreements with investors with a commitment value of about 11.5 billion USD.

On the morning of December 23, Prime Minister Pham Minh Chinh attended the ceremony of Hung Yen province, handing over decisions approving investment policies and establishment decisions for several large investment projects with a total capital of about 6 billion USD.

On this occasion, Hung Yen province also reached an agreement with investors and partners with a total committed capital of about 11.5 billion USD.

Five projects were approved by the Prime Minister for investment policy with a total registered capital of 3.3 billion USD, including three investment projects in the construction and infrastructure business of industrial parks and two urban construction projects.

The People’s Committee of Hung Yen province awarded the decision approving the investment policy for four projects with a total registered capital of 300 million USD. The largest project in Hung Yen Dairy Factory with a project scale of 1,200 tons of products/day; land use scale 24.4 ha; total investment capital of 4,600 billion VND, equivalent to 197 million USD, deployed by Vinamilk.

The Prime Minister also witnessed the signing ceremony of a Memorandum of Understanding between the People’s Committee of Hung Yen province and several foreign investors on research and survey of investment projects according to model, good experience, and technology application. high, modern administration; support, provide consulting services in research, development, and promotion strategies, attracting foreign investors.

Speaking at the ceremony, on behalf of the Government, Prime Minister Pham Minh Chinh praised Hung Yen province for quickly concretizing the Resolution of the 13th Party Congress in improving the business investment environment, administrative reform, attract investors. 

Investments under today’s decisions and agreements, when realized today, will contribute to promoting socio-economic development, improving the competitiveness of the country in general and Hung Yen province in particular, bringing at least tens of thousands of jobs for people.

The Prime Minister asked the Party committees and authorities at all levels of Hung Yen province to create all conditions, cut down all cumbersome administrative procedures, not to be harmful in the process of implementing investment procedures and implementing projects; quickly hand over the premises; promote synchronous infrastructure projects, especially connected transport infrastructure, digital transformation infrastructure, climate change adaptation infrastructure, improve the quality of human resources, mobilize and create favorable conditions for people. People support investors.

The Prime Minister suggested that investors earnestly implement their commitments, expressed in actions and specific disbursements; contribute to attracting high technology, training human resources, improving management capacity of Hung Yen province in particular and Vietnam in general, contributing to fast, sustainable development, in-depth development, development green… at the same time, accompanying the locality, effectively contributing to the prevention of Covid-19.

The Prime Minister expects people to support and show responsibility to investors; At the same time, investors must be responsible to the people, contribute to improving the people’s material and spiritual life, ensure social security, promote and develop the local culture and Vietnamese culture. According to the spirit of the recent National Cultural Conference, cultural development is on par with politics, economy, and society.

The Prime Minister assigned central ministries and branches to propose amendments to decrees and actively amend circulars to minimize administrative procedures, remove barriers and obstacles, and improve the environment. they are investing, doing business, guiding investors, sincere, serious, scientific, and practical localities, affirming a unique feature of Vietnamese culture which is hospitality, friendship, harmonious cooperation, shared risk among entities.

(Source: VnExpress)