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Thai Nguyen signed a memorandum of understanding on investment cooperation with Chinese partners.

On the afternoon of November 26, at the Sheraton Hanoi Hotel, the signing ceremony of a memorandum of understanding on tripartite investment cooperation between Kinh Bac Urban Development Corporation - JSC, China Electronics Industry Corporation (CEC) and Chinese enterprises took place. Attending the event were Mr. Vi Thao, member of the Central Committee of the Communist Party of China, Deputy Secretary of the Regional Party Committee, Chairman of the Guangxi Zhuang Autonomous Region; Comrade Vuong Quoc Tuan, alternate member of the Central Committee of the Party, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Thai Nguyen province, and representatives of many corporations and enterprises of the two countries.

Báo Thái NguyênBáo Thái Nguyên26/11/2025

Chairman of Thai Nguyen Provincial People's Committee Vuong Quoc Tuan expressed his pleasure to attend the event and meet with Chairman of Guangxi Zhuang Autonomous Region Vi Thao.
Chairman of Thai Nguyen Provincial People's Committee Vuong Quoc Tuan and Chairman of Guangxi Zhuang Autonomous Region Vi Thao exchanged cooperation experiences in various fields.

Speaking at the ceremony, Chairman of Thai Nguyen Provincial People's Committee Vuong Quoc Tuan expressed his pleasure to attend the event and meet Chairman of Guangxi Zhuang Autonomous Region Vi Thao, and emphasized the important significance of the signing ceremony in opening a new step of development in cooperation between Thai Nguyen and Chinese enterprises and localities.

The Chairman of the Thai Nguyen Provincial People's Committee said that after the merger, the province has an area of ​​over 8,300 square kilometers, a population of nearly 1.8 million people, and is the largest industrial - educational - medical center in the midlands and mountainous areas of the North. The province's GRDP has been among the top in the country for many years, with increasingly complete transport, industrial, logistics and urban infrastructure. At the same time, it is a leading locality in administrative reform, digital transformation and improving provincial competitiveness.

Currently, Thai Nguyen has 98 projects of Chinese enterprises with a total capital of about 2 billion USD, ranking second among foreign investors in the province. The province is expanding its industrial land fund to 11,800 hectares and completing the infrastructure of industrial parks and clusters to welcome large-scale projects.

The Chairman of the Thai Nguyen Provincial People's Committee affirmed the viewpoint that "the success of enterprises is the success of the province", committed to creating a transparent and stable investment environment, accompanying and providing maximum support for the smooth implementation of the China-Vietnam Electronic Information Industrial Park project in Phu Binh. He hoped that the two sides would expand cooperation in high-tech industry, digital transformation, human resource training, cultural and tourism exchanges, and develop the Thai Nguyen - Guangxi relationship more and more practically and effectively.

Working scene.
Working scene.

Speaking at the event, Mr. Vi Thao highly appreciated the efforts to promote investment cooperation of the parties, considering the signing ceremony as a testament to the vision of long-term and substantive cooperation between localities and enterprises of Vietnam and China. Mr. Vi Thao emphasized that Guangxi always considers Vietnamese localities as important partners in the strategy of opening up and foreign economic cooperation, and at the same time wishes to promote deeper cooperation in the fields of high-tech industry, logistics, trade economy, digital transformation and human resource training.

The Chairman of the Guangxi Zhuang Autonomous Region put forward three key cooperation proposals. First, strengthen industrial development and industry chains, especially in the electronics and information sector. After the strategic cooperation agreement between the China Electronics Industry Development Corporation (Guangxi) and the Kinh Bac Urban Development Corporation - JSC, the China-Vietnam Information and Electronics Industrial Park project in Phu Binh is being implemented smoothly, expected to start construction on December 19, and hopes that Thai Nguyen will continue to support the formation of a cross-border industrial chain. Second, promote cooperation in digital transformation and artificial intelligence, in line with Vietnam's digital economic development needs and China's AI program, and initially coordinate to build the China-Vietnam Artificial Intelligence Application Cooperation Center. Third, strengthen friendly exchanges, culture - tourism and people-to-people exchanges, considering this an important foundation to promote in-depth and effective cooperation.

The Chairman of the Guangxi Zhuang Autonomous Region affirmed that he will create favorable conditions for Chinese enterprises to survey and invest in Vietnam, especially in Thai Nguyen - a locality with a dynamic investment environment and a developed industrial ecosystem.

China Electronics Industry Development Co., Ltd. (Guangxi); Kinh Bac Urban Development Corporation signed a cooperation agreement with Chinese enterprises.
China Electronics Industry Development Corporation (Guangxi); Kinh Bac City Development Corporation signed a memorandum of understanding on cooperation with Chinese enterprises.
Leaders of China Electronics Industry Development Co., Ltd. (Guangxi) and Kinh Bac Urban Development Corporation signed a cooperation agreement.
Leaders of China Electronics Industry Development Co., Ltd. (Guangxi) and Kinh Bac Urban Development Corporation signed a memorandum of understanding on cooperation.

Immediately after the speeches of the leaders of the two sides, the signing ceremony of the memorandum of understanding between Kinh Bac Urban Development Corporation - JSC, China Electronics Industry Group and 9 Chinese enterprises took place, including: China Electronics Industry Development Co., Ltd. (Guangxi) - CEID, EDRI Science and Technology Engineering Co., Ltd., Beijing Sinohytec Co., Ltd., China Hydrogen Energy Technology Co., Ltd., New Material Technology Development Co., Ltd., Guangxi Basalt Materials Technology Co., Ltd., Beijing Huada Zhibao Electronic System Co., Ltd., Great Wall Power Source Technology Co., Ltd., China Electric Industry Internet Co., Ltd.

The signing of the memorandum of understanding marks an important turning point, expanding the cooperation network, attracting high-tech investment and affirming Thai Nguyen's position as an attractive destination for international businesses.

Source: https://baothainguyen.vn/kinh-te/202511/thai-nguyen-ky-ket-bien-ban-ghi-nho-hop-tac-dau-tu-voi-cac-doi-tac-trung-quoc-520715b/


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