Chinese enterprises shift to invest in high-tech industries in Vietnam

Chinese enterprises are shifting their investments to the high-tech sector in Vietnam, instead of investing in manufacturing industries as before.

This information was recorded at the Vietnam - China Investment Promotion Conference 2025 held in Ho Chi Minh City on December 3.

At the event, Mr. Ni Junwei, Vice President of the Vietnam - China Development Cooperation Center (VCNC); CEO & Founder of Quark Group, recognized the clear change in investment strategy of Chinese enterprises when shifting from processing and manufacturing to green energy and high-tech industries such as AI to increase added value when investing in Vietnam.

Speakers discussed solutions to attract Chinese investors to invest in high-tech sectors in Vietnam - Photo: LQ

This shift is considered consistent with the investment attraction orientation of the Vietnamese Government .

Ms. Bui Thi Thanh Ngoc, Lawyer of KPMG Law Firm, said that Vietnam is pursuing a selective investment attraction strategy, prioritizing high-tech, innovative industries and complying with strict environmental standards. This is aimed at a circular, sustainable economy and deeper participation in high-value global supply chains.

According to Ms. Ngoc, high-tech fields that Vietnam is prioritizing to attract investment with many attractive incentives. For example, R&D projects in the fields of semiconductors and artificial intelligence are prioritized to attract investment with a minimum capital of 3,000 billion VND, when meeting disbursement conditions, they are supported with up to 50% of the initial investment cost.

Goods serving science , technology, innovation and digital technology industry are exempt from tax for up to 5 years to help high-tech enterprises significantly reduce input costs.

“When investing in the high-tech industry, Chinese enterprises should comply with green investment standards from the beginning to take advantage of green credit incentives and the carbon credit market,” Ms. Ngoc recommended.

However, what Mr. Ni Junwei is most concerned about is that high-quality human resources in Vietnam cannot meet the needs of Chinese technology enterprises.

Regarding the issue of human resources, Mr. Tran Van Nam, Vice Principal of FPT Polytechnic College, acknowledged that Vietnam is gradually overcoming this weakness by universities and colleges linking with businesses to provide training according to demand.

Mr. Nam told the story about the current training model of FPT Polytechnic College, which is training according to the "tailor-made" style of the enterprise.

Vietnam Industrial Real Estate Association signed a cooperation agreement with the Vietnam - China Development Cooperation Center (VCNC) to connect investment in industrial parks - Photo: LQ

According to Mr. Nam, when businesses invest in Vietnam, the school will connect directly with businesses to provide training according to actual needs, from operational skills to soft skills, corporate culture and ISO-standard labor safety.

In addition, the school also organizes short-term training programs combined with practical training at factories to help students "get to work right away" after graduation, which helps businesses reduce retraining costs.

The issues discussed were realized right after the conference when the Vietnam Industrial Real Estate Association signed a cooperation agreement with the Vietnam - China Development Cooperation Center (VCNC) to connect investment opportunities for Chinese investors in industrial parks across the country.

In addition, the Vietnam - China Development Cooperation Center (VCNC) signed a cooperation agreement with FPT Polytechnic College to cooperate in training high-quality human resources to meet the needs of Chinese enterprises investing in Vietnam.

Source: https://baodautu.vn/doanh-nghiep-trung-quoc-dich-chuyen-sang-dau-tu-cac-nganh-cong-nghe-cao-tai-viet-nam-d450110.html