In early June 2012, a workgroup from Hai Duong province led by provincial People’s Committee chairman Nguyen Manh Hien visited Vancouver, in Canada.
During the trip, a memorandum of understanding (MoU) involving building a world-class international hospital in Hai Duong province’s Dai An Industrial Park was inked between Dai An and its Canadian partner Trip Eye Company in Toronto on June 8.
Under the MoU, the Dai An Vietnam Canadian International Hospital with 200 patient beds and worth $160 million in total investment, will be entirely invested by Trip Eye.
“Vietnam is an ideal location for our investment. We are committed to holding our promises on capital, construction tempo, equipment, technology, operation and training to ensure project high efficiency,” said Trip Eye chairman Marc Kealey.
“We will try our best to get Canadian prime minister joining the project’s ground-breaking ceremony in early 2013 which will commemorate 40 year anniversary of establishing diplomatic ties between the two countries,” he added.
Besides, the management of Canada’s Niagara Falls city and the Canada-Vietnam Business Association proposed Hai Duong to partake in a project on building Canada-ASEAN trade centre.
The landmark centre will be positioned in Niagara Falls city, close to world famous Niagara Falls, which attracts millions of international visitors every year.
Queried why Canada had invited Vietnamese firms to join its international trade centre building project chairman Danny Leung at Canada-Vietnam Business Association said: “First, Vietnam is our friend. Second, I came to Vietnam in late 2011 and recognised Vietnam had vast potential for promoting exports to Canada and from there to other world markets. Vietnamese products carrying your country distinctive culture would surely be favoured by foreign customers once having assured quality.”
“This is a good opportunity for Hai Duong firms in boosting exports to Canada and fostering presence in world marketplace. For its part, Hai Duong authorities will join efforts with Niagara Falls management and businesses to step up investment, trade, tourism and culture relations between two sides,” said Hai Duong chief Nguyen Manh Hien.
In respect to Hai Duong’s business trip, National Economics University’s Centre for Foreign Investment Studies director Phan Huu Thang said: “Every year Vietnam spends a round sum on promoting investment and trade. However, assigning a business to take part in a particular foreign-based investment project like the case with Canadian proposal to Hai Duong province was unprecedented.”
“Since the proposal could help Vietnamese products grow presence in foreign market, Hai Duong should report the case to competent state agencies seeking ways to soon materialise the proposal,” Thang added.