Hoa Binh promotes trade, investment, tourism in UK

10/13/2023 - 5:38:37 PM

(HBO) – The northern province of Hoa Binh introduced its potential and strengths as well as investment opportunities to British investors at an investment, trade and tourism promotion conference in London on October 11. The event saw the attendance of Vietnamese Ambassador to the UK Nguyen Hoang Long, representatives from the Vietnam Business Association in the UK (VBUK), and British businesspeople.

Chairman of the provincial People’s Committee Bui Van Khanh and Chairman of the Vietnam Business Association in the UK Paul Hoang sign a cooperation document.

In his opening remarks, Long said that Hoa Binh, which borders the capital city of Hanoi, has a favourable location and abundant investment opportunities.

He suggested British investors seek opportunities in partnering with Hoa Binh in the fields of exploring tourism, high-tech agriculture, and tertiary education development, as well as resort real estate.

Bui Van Khanh, Chairman of the provincial People’s Committee, said that Hoa Binh is focusing on four strategic areas for socio-economic development, including planning, infrastructure development, improvement of institutions and the investment and business environment, and human resources development.

He highlighted prioritised investment areas such as green, clean and high-quality agricultural production, agro-forestry-aquatic production and processing, resort tourism development, and ecological urban development.

The provincial leader underlined that Hoa Binh plans to further expand its basic infrastructure system to facilitate investment activities, while providing preferential policies to investors, including exemption and reduction of land rent, and import-export taxes, and support in vocational training.

Khanh called on British investors to invest in Hoa Binh in the fields of agriculture, industry, services, tourism, and development research, pledging that the local administration always supports and accompanies them for the benefits of both sides.

VBUK Chairman Paul Hoang said that the association is ready to connect Vietnamese and British partners and support them in dealing with problems during the cooperation process such as differences in business culture.

On this occasion, Hoa Binh signed a cooperation document with VBUK, under which the two sides will build a sustainable, long-term cooperative relationship, creating benefits and development opportunities for both sides.

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