Mr. Hu Wang Minh, Party Secretary, Chairman of the Board of Directors of BaoWu Iron and Steel Group presented a souvenir to Vice Chairman of the City People's Committee Phan Quy Phuong

Mr. Hu Wang Minh thanked the leaders of Hue City for their warm welcome and shared an overview of the scale, production capacity and investment expansion strategy of BaoWu Group in Southeast Asia. The Group is researching and exploring cooperation opportunities in areas that are in line with sustainable development trends such as green materials, renewable energy, circular industry and projects that can connect the supply chain in the Central region of Vietnam. In particular, Hue is considered a locality with a lot of potential, advantages and a favorable investment environment to implement large-scale projects.

China BaoWu is currently focusing on developing according to the model of “one platform + five sectors”. Specifically, the steel industry is the mainstay, playing a pivotal role in the group. The green resources industry is responsible for ensuring sustainable energy and raw materials. The smart service industry promotes digital transformation, linking digital technology with real production. The advanced materials industry becomes a new growth driver, aiming at strategic and high-tech materials...

Mr. Hu Wang Minh introduced Baosteel Can Making Co., Ltd. (Hue Vietnam) - one of the Group's key enterprises, accounting for 22% of market share, operating in the field of aluminum can production. After 10 years of effective operation, Baosteel Can Making (Hue Vietnam) has become a reputable partner, supplying products to many large enterprises in the beverage industry, affirming its production capacity and position in the Vietnamese market.

Hue City leaders took souvenir photos with leaders of China Baowu Iron and Steel Group

Vice Chairman of the City People's Committee Phan Quy Phuong expressed his pleasure to welcome the delegation of BaoWu Group - one of the leading industrial groups in China and the world in the field of iron and steel production. The Vice Chairman of the City People's Committee briefly introduced the potential and advantages of Hue City in developing high-tech industry, green industry, logistics and industrial park infrastructure; at the same time, emphasized Hue's orientation to attract investment in a sustainable, environmentally friendly direction, in line with the vision of developing a heritage city - a centrally-run city.

Mr. Phan Quy Phuong affirmed that Hue City always welcomes and creates favorable conditions for large, prestigious international corporations such as BaoWu to explore cooperation opportunities and research investment; highly appreciates the development orientation in the areas of strength of BaoWu and Baosteel Can Making Co., Ltd. (Hue Vietnam), in which many key industries of the Group are consistent with the goals of sustainable development, green economy and digital transformation that Hue is aiming for. At the same time, he hopes that the two sides will continue to maintain information exchange, promote thematic survey delegations and research to form specific cooperation projects; especially in the fields of new materials, renewable energy, circular industry, industrial park infrastructure development and smart cities.

Recognizing the practical contributions of Baosteel Can Making Co., Ltd. in Hue over the past 10 years, Hue City leaders committed to creating favorable conditions in terms of procedures, land fund, infrastructure and investment environment so that projects of BaoWu Group and its member enterprises can be implemented smoothly, effectively and sustainably in Hue.

PEACE

Source: https://huengaynay.vn/chinh-tri-xa-hoi/theo-dong-thoi-su/tap-doan-sat-thep-baowu-de-xuat-mo-rong-san-xuat-tai-hue-159936.html