Vinh Phuc province focus on attracting the projects of manufacturing machinery, electronics and food processing of Republic of Ukraine
Continued investment promotion program in Europe, Vinh Phuc delegation headed by Mr. Pham Van Vong – Member of Central Party Committee, Secretary of Provincial Party Committee cum Chairman of Vinh Phuc Provincial People’s Council, has undertaken several of activities investment promotion and foreign affair in the Republic of Ukraine – a country located in Eastern Europe, The natural area is twice larger than Vietnam (603,7 thousand Km2) but only half of the population compared to Vietnam (46 million people)
The key economic sector of Ukraine is metallurgy, mining industry, manufacturing machinery, electronic, agriculture, food processing, and petrochemical industry, aviation industry. The target of investment promotion trip in Ukraine is to provide the environmental information and policies to attract projects into province, calling for the Ukraine investor to invest in Vinh Phuc province.
On September 18, 2013 Vinh Phuc delegation worked with Cherkasy Chamber of Commerce and Industry (Cherkasy CCI) and visited the AC Bogdan automobile manufacturing; visiting the Bronto food processing manufacture in Cherkasy province. On September 19, 2013, the delegation has also visited the Maraven Food instant noodles factory in the Kiev province; and then visiting Vietnam’s Embassy in the Republic of Ukraine
Cherkasy Chamber of Commerce and Industry is an agency of the Cherkasy provincial government. there are branches in the district, it is responsible for supporting the businesses in the Cherkasy province on investment and trade; connecting the enterprises in the business manufacturing operation; organizing the seminars and customers conferences, domestic and international investment promotion, support the businesses to promote their products and to provide the information on the internet,….Work with Vinh Phuc teams, Cherkasy Chamber of Commerce and Industry desire to have long term cooperation focusing on collaboration in investment and trade with Vinh Phuc province for development in Vietnam.
The AC Bogdan automobile Joint – Stock Company with the production capacity is 15 thousand car/ year. AC Bogdan is mostly assembled, painted welded chassis, the interior rate was still low, only reached 10 % therefore, it is necessary to import with huge amount of spare parts and components. Previously AC Bogdan specializes in manufacturing automotive with brand LADA, up to now the consumption of this car is reduced, therefore the company turned to Huyndai and Mazda cars assembled of Korea and preparing assembly of the cheap cars of China. Bronto Company has also the office in Cherkasy, specializing in the production of electrical machinery for food processing such as grinding and pressed soybean oil, sunflower seed oil. Thank to the quality standards of Europe, Bronto’s products has sold over 38 countries around the world, in which has branches in Thailand, providing Southeast Asia.
The MaravenFood instant noodle factory in the Kiev’s province of MaravenFood Central branch has headquartered in the Republic of the Russian Federation. The investor of the project is Vietnam’s enterprise. Projects in Kiev has a total investment of $ 45 million with the modern technology of Japan, an area over 7 ha, first year turnover is over $ 30 million / year, using 250 Ukrainian workers with an average salary about 500 USD / person-month. This is the Ukrainian project which was high appreciated in technology, product quality and resolution of labor income, as well as the pride of Vietnamese on Ukrainian land.
In the afternoon, the Vinh Phuc delegation visited and worked with the Vietnam’s Ambassador in Ukraine, Mr. Ho Dac Minh Nguyet- ambassador with their staffs has warmly welcomed the delegation. Working with the Embassy, Mr. Pham Van Vong – head of Vinh Phuc delegation express our deep gratitude to leaders and the officials’ ambassador has supported effectively the organizations, businesses and citizen of Vinh Phuc coming to Ukraine for learning, working, and business trip, commercial transactions; He also desired ambassador being the bridge to connect and support the Ukraine’s investors coming to Vietnam, making the survey on environmental and business investment opportunities in Vinh Phuc
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