Thanh Hóa seeks investment opportunities from Germany

BERLIN — A conference to promote investment in central Thanh Hóa Province was held in Berlin, Germany, on Monday afternoon (local time).

The conference marks a new development in relations between the province and Germany in general and the German business community in particular.

The event is part of a working trip of the province’s senior officials to the European country.

Chairman of Thanh Hóa Province’s People’s Committee and Vice Secretary of the provincial Party Committee Nguyễn Đình Xứng introduced the strengths and potential of the province, including rich mineral resources, abundant human resources and preferential policies.

Over the past years, Thanh Hóa has made vigorous and comprehensive development in all sectors. It ranks among the top 10 provinces and cities of Việt Nam in attracting foreign direct investment.

Germany is one of the leading developed industrial countries in Europe and the world. German businesses have tremendous potential and have reached high levels of science and technology, which Thanh Hóa authorities are keen to emulate, he said.

The investment promotion conference is a good opportunity for Thanh Hóa Province to introduce to German businesses its strengths and potential, and is also an opportunity for German businesses to exchange information and seek investment opportunities in sectors of their concern and in sectors that Thanh Hóa is seeking investment.

“We pledge favourable conditions and best preferential treatment for German investors, with the slogan ’The success of businesses is the success of the province. Business profits are the imminent and long-term profits of Thanh Hóa’,” he said.

Vietnamese Trade Counsellor in Germany Nguyễn Hữu Tráng said the European nation, with strengths in industry and services, is proactively seeking investment cooperation opportunities with countries, including Việt Nam. Thanh Hóa has a lot of attractive fields for German investors, he said, urging local authorities to devise more incentives to facilitate their investment. Many German businesses attending the event expressed their wish to explore investment opportunities in the Vietnamese locality.

On this occasion, Chairman Nguyễn Đình Xứng and Vietnamese Trade Counsellor Nguyễn Hữu Tráng co-chaired a discussion to answer queries from Germany businesses regarding mechanisms and policies of investment attraction in the province. — VNS