Quang Ninh and Texhong Group sign agreement

On August 28th, in Ha Long city, a signing ceremony was held to ink an agreement on investment cooperation between Quang Ninh province and Texhong Group (China). The ceremoy was attended by  Mr. Nguyen Van Thanh, Vice-Chairman of QNPPC; Hong Tianzhu- Chairman of Texhong Group and other representatives of the revelant provincial departments.

With the purpose of enhancing investment cooperation for mutual benefits, Quang Ninh PPC and Texhong Group have discussed and reached unanimous agreement on investment copperation for a longterm aiming at promoting economic growth, creating jobs and improving the local people’s living conditions.

Speaking at the signing ceremony, Chairman of QNPPC Nguyen Van Doc strongly affirmed that Texhong group is always a strategic and long-lasting partner of Quang Ninh. This agreement not only facilitates Quang Ninh’s socio-economic development and extends the Texhong Group’s goods consuming market but also promotes the trading and friendly diplomatic tie between China-Vietnam in general and Quang Ninh province-Texhong Group in particular. Chairman Doc pledges that QNPPC will offer the Group with the best conditions to explore investment opportunities and implement its projects in Quang Ninh.

For his part, Mr. Hong Tianzhu states that the agreement and the Group’s investment achievements in Quang Ninh in recent years, notably Texhong Textile Plant, are regarded as solid base for  longterm cooperation tie of the two sides.

Investment in Quang Ninh is considered by the Texhong as its core and longterm investment strategy. The Group believes that, the active involvement of QNPPC in attracting investment into Quang Ninh will certainly create strong confidence for the foreign investors, especially the Chinese ones.

Article by Hong Nhung

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