Canadian investors open FDI for Binh Dinh

The Department of Planning and Investment of Binh Dinh province has just issued an investment registration certificate to Seldat Vietnam Co., Ltd. (an investor from Canada) to invest in the Seldat Vietnam garment factory project in An Hoa village, Nhon Khanh commune, An Nhon town, with a total investment of nearly 1.2 million USD

Accordingly, the Vietnam garment factory project will invest in 5 sewing lines with a design capacity of 2 million products/year, products are mainly exported to the US market. The project is built on an area of 2,440m2 and is expected to be completed and put into operation by the second quarter of 2017.

The project licensed in the first days of the year can be considered a meaningful gift for Binh Dinh’s efforts in attracting investment Over the past time, Binh Dinh has continuously implemented many reforms, simplified administrative procedures, thereby contributing to creating a brand of an open investment environment, attracting investors to the locality. Up to now, Binh Dinh has 69 FDI projects, with a total registered capital of 783 million USD, mainly investors to potential economies in the world, such as the US, China, Japan, France, South Korea, Singapore, Malaysia, Thailand, etc.

In 2017, in order to continue to be a “good land” for investors, in addition to making a breakthrough in administrative reform, the leaders of Binh Dinh province will strengthen dialogue with businesses listen to their thoughts and aspirations, promptly remove difficulties and obstacles to improve the investment and business environment to promote the general socio-economic development of the locality.

Currently, the Department of Planning and Investment of Binh Dinh is finalizing the draft scheme to implement the “One-stop-shop, one-stop-shop” model to be submitted to Binh Dinh province for consideration and promulgation. At the same time, implement the E-regulations project. The website has completed and posted a full range of procedures related to foreign investment so that investors can access and find out detailed information about the steps to carry out investment procedures in Binh Dinh.

According to Mr. Nguyen Bay, Director of the Investment Promotion Center (IPC) of Binh Dinh province, the goal of Binh Dinh province is to continue to invest in the development of Nhon Hoi Economic Zone and industrial parks according to the plan so that those places become the nucleus of the province’s growth in the industrial fields. tourism and urban services; creating motivation and foundation for Binh Dinh to basically become a well-developed province of the Central region by 2020.