Comrade Nguyen Manh Quyen, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, works with the Vietnam-Taiwan Business Association
On the afternoon of September 29, Mr. Nguyen Manh Quyen, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, met with a delegation of the Vietnam-Taiwan Business Association and AVC Company (Taiwan, China), who visited to study the investment environment, explore the potential for high-tech industrial development, and discuss plans to expand investment activities in Hung Yen.
Delegates attend the meeting.
The meeting saw the participation of members of the Provincial Party Committee’s Standing Board: Mr. Le Quang Hoa, Vice Chairman of the Provincial People's Committee; Mr. Vu Thanh Van, Director of the Department of Industry and Trade; and leaders of various provincial departments and agencies.
Speaking at the meeting, Mr. Nguyen Manh Quyen, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee expressed his pleasure in welcoming the delegation to explore investment opportunities in Hung Yen. He affirmed that the province always creates favorable conditions for enterprises and investors to study and implement projects, particularly high-tech projects characterized by advanced technology and high added value.
Mr. Nguyen Manh Quyen, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, with provincial leaders, meet with the delegation of the Vietnam-Taiwan Business Association.
Highlighting the province's potential and advantages, he noted that Hung Yen is centrally located in the Northern Delta, within the Hanoi - Hai Phong - Quang Ninh economic corridor, and borders the capital, Hanoi. To date, the province has finalized its provincial master plan and is preparing for its official announcement. Under the planning orientation, Hung Yen’s spatial development is structured around three poles: the northern area focuses on services and high technology; the central area is being developed for cultural industries and urban expansion, while the southern region focuses on economic zones, logistics, and the marine economy. The province is accelerating the construction of a transport corridor connecting the provincial center to Gia Binh Airport and the second airport serving Hanoi; several industrial parks are located within approximately 20 km of Gia Binh International Airport, facilitating air cargo transport.
Currently, Hung Yen is home to 66 industrial parks (totaling over 23,000 hectares) and 115 industrial clusters (totaling over 7,300 hectares). From the beginning of the year through September 18, 2026, the province has attracted 52 FDI projects with a total registered capital of US$713.7 million, alongside 74 projects that increased their capital by a combined US$1,072.9 million. Cumulatively, the province hosts 982 FDI projects with a total registered capital of US$19.004 billion; this includes 77 projects from Taiwanese (Chinese) investors, totaling US$1,485.9 million. Notably, the Prime Minister has recently approved the establishment of the Hung Yen High-Tech Park, covering an area of 496.1 hectares; which creates new opportunities for the development of high-tech and strategic technologies, investment attraction, and the promotion of innovation within the province.
Regarding investment attraction strategy, Hung Yen prioritizes high-tech, semiconductor, electronics, AI, pharmaceutical-biotechnology, clean energy, modern manufacturing, and logistics projects, while specifically encouraging initiatives in research and development (R&D) and the production of microchips and semiconductor chips.
The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee expressed the hope that the AVC Group would consider investing in Hung Yen, particularly in an R&D center and high-tech projects. He directed relevant provincial departments and agencies to assist the enterprise and identify suitable locations for the Group to consider for its R&D center.
He affirmed Hung Yen's commitment to partnering with and supporting investors throughout the research process and the completion of required procedures.
A delegation of the Vietnam-Taiwan Business Association attends the working session.
Expressing gratitude for the warm reception by provincial leaders, Ms. Wu Pin-Chen, Chairwoman of the Vietnam-Taiwan Business Association, and representatives of the AVC Group provided an overview of the company. The Group has invested approximately 700 million USD in Vietnam, creating jobs for around 8,000 workers; it operates in the technology sector, providing thermal management solutions, electronic components, servers, telecommunications equipment, and high-tech products.
AVC currently possesses the capability to provide comprehensive thermal management, hardware, and connectivity solutions for AI data centers and serves as a supplier to numerous major global technology corporations. The Group is expanding its product offerings to include components for autonomous vehicles and smart robots, and plans to further expand its supply chain and manufacturing operations in Vietnam.
AVC representative stated that the Group wishes to locate its R&D center in Hung Yen province to facilitate the recruitment of high-quality human resources from Hanoi and meet technology development requirements. Given the nature of high-tech component manufacturing, the company prioritizes the locations with convenient connectivity to international airports.
During the working session, provincial leaders and the delegation of the Vietnam-Taiwan Business Association focused their discussions on investment orientation, site selection, infrastructure, logistics, and support policies and mechanisms. At the same time, they directed relevant specialized agencies to continue coordinating, introducing potential sites, and guiding the AVC Group in conducting research and surveys, as well as carrying out subsequent steps in accordance with regulations.
Comrade Le Quang Hoa, Vice Chairman of the Provincial People's Committee, and the delegates take a commemorative photo following the working session.
