Binh Duong (VNA) - The southern province of Binh Duong and Emmen city in the Netherlands will enhance friendship and expand cooperation across economics, trade, tourism and investment as stipulated in a Memorandum of Understanding (MoU) signed in the Vietnamese locality on November 17.
Accordingly, the two sides will prioritise promotion programmes while creating favourable conditions for the working groups to conduct market researches to help boost trade activities and investment partnerships in accordance with each locality’s potentials and strengths.
The localities will work together to support the operations of small and medium-sized enterprises.
At the MoU signing ceremony, Emmen Mayor Cees Bijl expressed his impression over Binh Duong’s robust economic development.
He commented that the collaboration between provincial authorities and key enterprises has given a momentum to the development process.
He hoped that the province’s investment attraction policies will open up opportunities for enterprises from both localities to foster cooperation and investment.
The Netherlands ranks seventh out of 40 countries and territories investing in Binh Duong, with 21 projects worth 683 million USD.
In 2015, three Dutch projects in the locality adjusted their capital up by 178.5 million USD.-VNA