Actively cooperate and seize development opportunities

BIFA and COBI Group officially signed a memorandum of understanding for cooperation

Create momentum for production

In recent times, with the support of the province, enterprises in the province have promoted foreign affairs and investment cooperation with domestic and foreign partners. In particular, enterprises have focused on learning and studying models of developing high-tech industries, automation, smart factories and advanced manufacturing technology; at the same time, proactively developing trade cooperation models and improving product production.

Mr. Nguyen Trong Luat, General Director of Cicor Vietnam Co., Ltd. (Vietnam - Singapore Industrial Park 1), said that he was honored and proud to play the role of initiator and bridge for the beginning of cooperation between Fraunhofer Institute for Electronic Nanosystems ENAS (Germany) and Becamex IDC Corporation, marking the establishment of the first Research and Development Center (R&D) on microelectronics and nanotechnology in Vietnam. This center lays a strategic foundation for Vietnam's aspirations in the field of chip design, chip development and semiconductor manufacturing. More than just infrastructure, this will be a convergence point of global talent, technology and investment right in Binh Duong .

Regarding Fraunhofer ENAS, Mr. Nguyen Trong Luat said that this is one of the leading research institutes in Germany and Europe in the field of micro and nano systems, bringing world-class scientific expertise, innovative capacity and strong industrial cooperation relationships. This is a strong and visionary partner, accompanying Vietnam on this important transformation journey. Mr. Nguyen Trong Luat expressed his expectations from Chemnitz City (where Fraunhofer ENAS is headquartered) to Binh Duong, this journey is built on the foundation of trust, cooperation and a common vision for the future.

Mr. Pham Ngoc Phuoc, Head of Trade Promotion Department of Binh Duong Wood Processing Association (BIFA), informed that in order to seek sustainable development opportunities for enterprises, BIFA and Cobi International Company Limited (COBI Group) have officially signed a memorandum of understanding (MOU), marking the beginning of a strategic and sustainable cooperation relationship in the field of wood processing and trade promotion. The two sides committed to connecting member enterprises to promote cooperation, share experiences and common development; co-organize domestic and international trade fairs and events; share market information and support product distribution; create favorable conditions for BIFA member enterprises to use event space at Cobi Tower and Cobi Home.

According to Ms. Phan Le Diem Trang, Vice President of Binh Duong Textile and Garment Association, Vietnam's supporting industry has not kept up with the development of the export garment industry. Especially the stages of weaving, dyeing, printing, and finishing fabrics are the "bottleneck" in the entire textile and garment production and supply chain. "In the coming time, the textile and garment industry continues to be assessed as having many development opportunities because Vietnam is participating in many free trade agreements and the shift in the global textile and garment supply chain. To promote and seize opportunities, textile and garment enterprises wish to form joint ventures, call for investment, promote training to improve skills and attract workers, improve quality management, labor, environment, and complete the textile and garment supply chain according to international standards," said Ms. Phan Le Diem Trang.

Seize opportunities effectively

Ms. Phan Thi Khanh Duyen, Deputy Director of the Department of Industry and Trade, affirmed that the current world economic and political situation is still unstable and major economies often make adjustments to trade policies. Therefore, it is extremely necessary for enterprises to update and grasp new trends of international economic integration, as well as assess the impact and strengthen international economic cooperation in the coming time so that enterprises can develop effectively.

Regarding the exploitation of free trade agreements, Mr. Pham Trung Nghia, Deputy Chief of Office of the Steering Committee for International Economic Integration (Ministry of Industry and Trade), has proposed many specific solutions for Binh Duong enterprises, which is to effectively utilize opportunities to exploit the shift in trade development and investment shift; at the same time, focus on exploiting the Chinese market, because China has been, is and will be an important market for Vietnam for both export and import, both official and border trade, for both standard and non-standard goods...

Mr. Pham Trung Nghia also noted that enterprises need to effectively exploit opportunities in the markets of countries participating in free trade agreements with Vietnam, especially the European Union (EU), Canada, Mexico, Israel and pay close attention to the issue of origin of goods (C/O) and sustainable development.

Mr. Pham Trung Nghia, Deputy Chief of Office of the Inter-sectoral Steering Committee for International Economic Integration (Ministry of Industry and Trade): “For the business community, it is necessary to proactively and actively seek information on commitments on international economic integration; focus on learning and grasping information about the market, tax reduction roadmap and issues related to their business products to have appropriate strategies to adjust production, business and competition in order to take advantage of the opportunities brought about by the free trade agreements that Vietnam participates in.

TIEU MY - ANH TUAN

Source: https://baobinhduong.vn/chu-dong-hop-tac-nam-bat-co-hoi-phat-trien-a347069.html