Prague (VNA) ꦅ- Vinh Phuc authorities have assured enterprises from the Czech Republic of favourable conditions for them.
Chairman of the Vinh Phuc provincial People’s Committee Nguyen Van Tri was speaking at a recent workshop on investment opportunities in Vinh Phuc held in Prague, the Czech Republic on August 1.
He highlighted the local favourable business environment, saying that it offers comprehensive infrastructure, skilled worker training, simplified administrative procedures and low-cost land rent fee to foreign investors.
Vice President the Economic Chamber of the Czech Republic Borivoj Minar said a delegation of Czech firms plans to visit Vinh Phuc to expand cooperation.
Vice Chairman of the provincial People’s Committee Nguyen Kim Khai
said the province ranked fourth in the provincial competitiveness index in Vietnam. It has lured 221 foreign investors with the total investment capital of 3.5 billion USD.
He expressed his hope that Czech firms will invest in mechanical manufacturing and supporting industry.
Meanwhile, Vietnamese Ambassador to the Czech Republic Truong Manh Son updated the development of friendship and economic cooperation between the two nations, while underlining Vietnam’s investment potential.
Earlier on July 31, the Vinh Phuc delegation, led by Tri, had a working with representatives from the Embassy of Vietnam, the Vietnamese People Association and Vietnam Business Association in the Czech Republic.
The provincial leader called on Vietnamese expats to invest more in the locality.-VNA
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In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
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Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
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The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
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At the working session (Source: VNA)
