More than 100 million USD "poured" into Binh Dinh
To date, Binh Dinh has 10 projects invested by Thailand, with a total registered capital of over 106 million USD. Notable projects include the Animal Feed Factory and Shrimp Breeding Farm project of C.P. Vietnam Company with a total investment of 36 million USD; and the Avani Quy Nhon Resort and Spa project with an investment capital of over 19 million USD.
According to Mr. Ho Quoc Dung - Secretary of Binh Dinh Provincial Party Committee, the above projects have all achieved good results, created jobs, increased income for people, and contributed positively to the development of the province.
Thailand is Vietnam's largest trading partner in ASEAN, and is a familiar market for import-export businesses in the province. In the first 10 months of 2024, the import-export turnover between Binh Dinh and Thailand reached over 5 million USD.
"We are committed to supporting and creating the best possible conditions for investors to feel secure in investing in Binh Dinh province," said Mr. Dung, adding that Binh Dinh has identified five things that are ready (planning; infrastructure; land; human resources and a favorable investment environment) to welcome investors.
At the conference, Chairman of Binh Dinh Provincial People's Committee Pham Anh Tuan believed that the combination of Binh Dinh's potential and strengths and the resources and experience of Thai investors would create a solid foundation for a development journey full of opportunities and success for both sides in the future.
"With the highest determination in realizing development goals, Binh Dinh will continue to improve and enhance the quality of the investment and business environment, creating the most favorable conditions for businesses to confidently invest and implement projects in the province," said Mr. Pham Anh Tuan.
Need policies to promote bilateral tourism
Ms. Wiraka Moodhitaporn - Consul General of Thailand in Ho Chi Minh City acknowledged that Binh Dinh is one of the five localities in the Central Key Economic Zone, possessing great potential for economic and tourism development.
Thailand and Vietnam can coordinate to organize tourism promotion activities such as road tourism routes connecting the two countries; promote cruise tourism, connecting Laem Chabang port (Thailand) with ports in Vietnam and the ASEAN region; participate in Thailand tourism fairs, creating opportunities to connect with tourism businesses from around the world.
Thai investment projects in Binh Dinh have clearly demonstrated the trade and investment partnership between the two sides. Therefore, Thai investors always attach importance to becoming "quality investors", doing business responsibly, while taking care of the people and contributing to the locality.
At the conference, Mr. Nguyen Trung Khanh - Director of the Vietnam National Tourism Administration (Ministry of Culture, Sports and Tourism) - said that for Vietnam, Thailand is the third largest tourist market in ASEAN and has rich experience in tourism development.
In 2019, Vietnam welcomed 510,000 Thai tourists, an increase of 46% compared to 2018. In 2023, it welcomed 490,000 and in the first 10 months of 2024, there were 340,000 Thai tourists coming to Vietnam.
Mr. Nguyen Trung Khanh suggested that Binh Dinh have a policy to support airlines of the two countries to open direct flights connecting major tourist cities of Thailand to Binh Dinh, to exchange visitors and direct investment. At the same time, promote activities - promote, cooperate, and promote the development of tourism relations between Binh Dinh and Thailand.
