Vice Chairman of the Provincial People's Committee Le Quang Hoa receives and works with the delegation from the China Investment Association
On the morning of March 17th, at the Headquarters of the Provincial People's Council - the Provincial People's Committee, Mr. Le Quang Hoa, Member of the Standing Board of the Provincial Party Committee and Vice Chairman of the Provincial People's Committee, received and worked with a delegation from the China Investment Association led by Mr. Mac Tham Pham, Vice Chairman of the Association and Chairman of the Board of Directors of Sheng Meng International Group, who came to survey and explore investment cooperation opportunities in the province. In the attendance were Mr. Vu Ba Phu, Director of the Trade Promotion Agency, Ministry of Industry and Trade, and leaders of provincial departments and agencies.
The delegates attend the meeting.
Vice Chairman of the Provincial People's Committee Le Quang Hoa and leaders of provincial departments and agencies attend the meeting.
Leaders of the Trade Promotion Agency, Ministry of Industry and Trade, and the China Investment Association attend the meeting.
During the meeting, leaders of the Trade Promotion Agency of the Ministry of Industry and Trade and representatives of the China Investment Association provided an overview of the Association's activities – a national-level social organization in the field of investment, currently boasting over 1,000 members, including large corporations and enterprises operating in various sectors such as infrastructure, clean energy, science and technology, innovation, and international trade. The Association plays a role in connecting businesses, promoting investment cooperation, and providing macroeconomic information to investors.
Mr. Mac Tham Pham, Vice Chairman of the Association and Chairman of the Board of Directors of Sheng Meng International Group, expressed his desire to learn more about the province's investment environment, mechanisms, and investment attraction policies; and to discuss the possibility of cooperating on projects in the fields of e-commerce, electronics, logistics, and services infrastructure. In particular, the delegation was interested in researching investment in a large-scale integrated bonded zone (export processing zone), aiming to form a transit and circulation center for goods serving trade between Vietnam and China and other countries in the region.
Mr. Vu Ba Phu, Director of the Trade Promotion Agency, Ministry of Industry and Trade, speaks at the working session.
Speaking at the working session, Mr. Le Quang Hoa, Vice Chairman of the Provincial People's Committee, expressed his sincere gratitude to the Trade Promotion Agency for its attention and support to the province in trade promotion and investment attraction. He emphasized the advantages of the province's geographical location within the Northern key economic region, close to Hanoi; and the increasingly synchronized transportation system with national highways, expressways, and the Hanoi ring road, creating favorable conditions for the development of industry, trade, and logistics services.
Mr. Le Quang Hoa, Vice Chairman of the Provincial People's Committee, speaks at the working session.
The Vice Chairman of the Provincial People's Committee stated: Hung Yen province is focusing on building important foundations, striving to become a modern industrial province by 2035, meeting the criteria of a Class 1 urban area. In recent years, the province has focused on investing in the development of industrial park infrastructure in a synchronous and modern manner. Many industrial parks have completed their infrastructure, attracting a lot of large enterprises and corporations to invest in. Currently, Hung Yen province has great potential for industrial development, ready to welcome domestic and foreign investors.
The Vice Chairman of the Provincial People's Committee affirmed that the locality always welcomes and is ready to cooperate with investors on the basis of compliance with the law and in accordance with development planning; at the same time, hopes that the China Investment Association will continue to play its role as a bridge, introducing and promoting the potential and advantages of the province to the Chinese business community.
Regarding investment attraction, Hung Yen province prioritizes attracting high-tech, advanced, energy-saving, and environmentally friendly projects. This contributes to the transformation of the economic structure towards modernization, improving the quality of growth and sustainable development. The province is ready to create conditions for businesses to work directly with specialized agencies to discuss specific mechanisms, policies, planning, and project implementation conditions.
During the meeting, the Chinese businesses focused on discussing and clarifying several issues, such as: proposing the study of building a comprehensive bonded zone in the coastal economic zone; attracting secondary projects in science and technology, artificial intelligence (AI), e-commerce, and logistics; developing Big Data centers and projects in the electrical and electronics sectors…
The delegation from the China Investment Association expressed their admiration for the province's socio-economic development and increasingly improved investment environment. They also expressed gratitude for the attention and support from the provincial leaders. The businesses stated they would continue to research and evaluate potential cooperation, aiming to implement suitable projects in the near future.
Vice Chairman of the Provincial People's Committee Le Quang Hoa presents a gift to representative of the China Investment Association during their working visit to the province.
Vice Chairman of the Provincial People's Committee Le Quang Hoa takes a photo with leaders of the Trade Promotion Agency, Ministry of Industry and Trade, and the China Investment Association.
Immediately after the working session, the delegation conducted on-site surveys at several industrial zones in the province to learn about planning, technical infrastructure, land availability, and the investment environment, as a basis for promoting cooperation projects in the future.
