Vietnam - Gia Lai promotional webinar for Dutch investors
The Vietnamese Embassy in the Netherlands and the Gia Lai provincial People's Committee recently co-hosted an event titled “Doing Business with Gia Lai: Leveraging on EVFTA and Anticipating EVIPA" to raise awareness of the business potential of the province.
The primary purpose of the webinar was to introduce the strengths of local businesses whilst also calling for Dutch partners to invest in the locality.
In his opening speech, Vietnamese Ambassador to the Netherlands Pham Viet Anh emphasised that the event provided an ideal venue for companies from both Gia Lai and the Netherlands to strengthen connectivity as a contribution to the province and country’s development.
The Vietnamese diplomat went on to express his belief that there are bright prospects ahead for greater co-operation between the two countries thanks to the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) in August last year with several tax barriers being removed.
An example of such a company is De Heus Vietnam. During his presentation, Rick van der Linden mentioned:
De Heus invested in the Gia Lai province, together with our local partner Hung Nhon company. We invested in a high-tech breeding area of VND 1,000 billion (43,5 million USD).
Furthermore, the EU Investment Protection Agreement-Vietnam (EVIPA) is in the process of completing procedures, which will serve to open up a wealth of opportunities for both sides in future.
At the webinar, Ho Phuoc Thanh, vice chairman of the Gia Lai Provincial People's Committee, also highlighted the province’s strengths and preferential policies, while calling on Dutch businesses to invest in establishing hi-tech agriculture zones, producing and processing high quality flowers, fruit and vegetables, as well as specialty agricultural products.
Meanwhile, Dutch partners such as PUM Professionals Association and De Heus company, also highlighted the province’s potential and strengths.
They therefore expressed hope at the prospect of visiting the locality as international flights resume in the near future.