Dutch firms eyes investment projects in Tây Ninh

Dutch firms eyes investment projects in Tây Ninh

Việt Nam’s southern province of Tây Ninh marked a significant milestone in its investment promotion efforts in Europe with the successful organisation of an investment conference in Amsterdam, the Netherlands, on June 23.

Participants at the signing ceremony. — Photo courtesy of Tây Ninh Television

A highlight of the event was the signing of a memorandum of understanding between Dutch firm Harvest Waste B.V. and the Tây Ninh Department of Industry and Trade to study investment in a waste-to-energy plant using European technology. The project is expected to require more than US$125 million in investment.

Aside from this deal, the conference also witnessed the signing of a cooperation agreement between the Dutch Business Association Vietnam and the Tây Ninh Department of Finance to facilitate Dutch businesses’ exploration of investment opportunities in the province.

Another agreement was signed between De Heus Group and Hùng Nhơn Group to expand cooperation in developing high-tech agricultural value chains.

Secretary of the Tây Ninh Party Committee Nguyễn Văn Quyết addressed event attendees, highlighting the increasingly substantive and effective development of relations between Việt Nam and the Netherlands. 

He expressed his hope that Tây Ninh will continue serving as an important link in the comprehensive partnership between the two countries by capitalising on their complementary strengths in logistics, high-tech agriculture, the circular economy, clean energy and sustainable development.

Vietnamese Ambassador to the Netherlands Ngô Hướng Nam spoke highly of Tây Ninh’s strategic vision and development potential, confirming that the embassy will continue to act as a reliable bridge to help the province attract Dutch and European investors.

During the discussion session, Chairman of the Dutch Business Association Vietnam Gabor Fluit, along with representatives of Dutch enterprises, proposed a range of cooperation initiatives focusing on clean energy, green growth, the circular economy and high-tech agriculture.

The Fruit Republic Director Maarten Siebe Van Wijk noted that following its merger with Long An Province, Tay Ninh now possesses a larger land resource, extensive sugarcane growing areas and a large canal network. These advantages provide favourable conditions for shifting to high-tech fruit cultivation, helping raise farmers’ incomes and improve agricultural productivity, he said.

In response to the proposals, Vice Chairman of the provincial People's Committee Huỳnh Văn Sơn reaffirmed Tây Ninh’s commitment to improving the local investment environment, accelerating administrative reforms and working with investors throughout the process of survey and project implementation.

The investment promotion conference was expected to open up new, practical and sustainable cooperation opportunities between Tây Ninh and European partners, building on the strong foundation of the Việt Nam – Netherlands Comprehensive Partnership. 

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