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Hung Yen expands investment connections in Shanghai, China

With its strategy of "openness - integration - towards modern industry," Hung Yen province is actively expanding international cooperation and seeking strategic partners to realize its goal of becoming a high-tech industrial center in the Red River Delta region.

Báo Đầu tưBáo Đầu tư29/12/2024

On October 23rd, in Shanghai (China), the Hung Yen Provincial Investment Promotion Delegation, in coordination with the Foreign Investment Agency - Ministry of Finance and Geleximco Group, organized an investment promotion conference to invite Chinese businesses to cooperate and invest in the province.

Attending the conference were Mr. Nguyen Quang Hung, Member of the Standing Committee, Chairman of the Provincial Party Committee's Inspection Committee, and Head of the working group; representatives from the Foreign Investment Agency; leaders of provincial departments, agencies, and localities; Geleximco Group; SCSUN Investment Fund (China); and nearly 100 large enterprises from Shanghai.

Mr. Nguyen Quang Hung, Chairman of the Provincial Party Committee's Inspection Committee and Head of the Hung Yen Provincial Working Group, delivered a speech at the conference. (Photo: Hung Yen Newspaper)

The event is considered one of Hung Yen's key investment promotion activities in 2025, demonstrating the proactive, integrated, and open-door spirit of the locality in the new phase.

Speaking at the conference, Mr. Nguyen Quang Hung, Chairman of the Provincial Party Committee's Inspection Committee and Head of the working group, gave an overview of the potential, strengths, and development orientation of Hung Yen province. In its strategic vision, Hung Yen aims to become a developed industrial province, attracting investment in high-tech industries, automotive parts and components manufacturing, electronics, high-tech agriculture , green industries, and climate change adaptation.

Mr. Nguyen Quang Hung affirmed that the provincial government consistently maintains the stance of "accompanying businesses," and is ready to create the most favorable conditions for investors throughout the process of surveying, implementing, and operating production and business activities in the locality.

Shanghai businesses and investors speak at the conference. Photo: Hung Yen Newspaper

Shanghai businesses attending the conference highly appreciated the potential, strategic location, and industrial development orientation of Hung Yen. Representatives from many large Chinese industrial groups expressed particular interest in areas of strength where the two sides can cooperate, especially in the production of automotive components and parts, semiconductor industry, renewable energy, and green materials. Many questions related to preferential policies, industrial park infrastructure, land availability, administrative procedures, and the investment environment were raised by investors.

Representatives from specialized agencies of Hung Yen province, including the Department of Industry and Trade, the Department of Agriculture and Environment, the Provincial Economic Zone Management Board, and the People's Committee of Hung Phu commune, directly exchanged information and provided specific answers to each question, demonstrating the professionalism, transparency, and willingness to cooperate of the locality.

Departments and localities of Hung Yen province exchanged information and answered questions of interest to Chinese investors. (Photo: Hung Yen Newspaper)

The successful organization of the investment promotion conference in Shanghai holds significant strategic importance for Hung Yen province, especially in the context of the global reshaping of supply chains and investment flows. China is currently one of Vietnam's largest trading and investment partners; Hung Yen's proactive approach to businesses and industrial corporations in Shanghai – Asia's leading financial and industrial center – opens up opportunities to connect with capital, technology, and modern management expertise. This also provides an opportunity for Hung Yen to attract large-scale, high-tech projects that will contribute positively to the province's sustainable development.

Source: https://baodautu.vn/hung-yen-mo-rong-ket-noi-dau-tu-tai-thuong-hai-trung-quoc-d420555.html


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