Promoting the construction of international trade and industrial cooperation zones between Hai Phong city and Chengdu city, Sichuan province (China)

Vice Chairman of the City People's Committee Hoang Minh Cuong introduced some features of Hai Phong city.

At the meeting, Vice Chairman of the City People's Committee Hoang Minh Cuong introduced some features of the city. Accordingly, with 5 types of transportation, especially the largest seaport system in the North, directly connecting to America and Europe, Hai Phong is always in the top of Vietnam in terms of growth rate and attracting foreign investment. Regarding development space, the city has established 14 industrial parks, and continues to focus on developing 20 new industrial parks with a total area of over 7,000 hectares. In particular, Hai Phong has been approved by the Vietnamese Government to establish a Southern Coastal Economic Zone with an area of about 20,000 hectares - a comprehensive coastal economic zone following the model of green growth, circular economy, sustainable development, including a free trade zone with breakthrough and outstanding mechanisms and policies; connecting with other coastal economic zones, creating development momentum for the Red River Delta.

The city welcomes and is ready to facilitate and support corporations to survey and seek investment and business cooperation opportunities in Hai Phong. At the same time, it is committed to creating favorable conditions and accompanying businesses in the process of surveying, investing and doing business in the locality.

Mr. Tang Hien Ban, Deputy Secretary of the Party Committee, Vice Chairman and General Director of Zhenxing Group, said that Hai Phong's conditions are very suitable for the Group's investment orientation.

Thanking the city leaders for taking the time to introduce the investment environment in Hai Phong, Mr. Zeng Xianbin, Deputy Secretary of the Party Committee, Vice Chairman and General Director of Zhenxing Group, expressed his impression of the city's development. Hai Phong's conditions are very suitable for the Group's investment orientation. Introducing Zhenxing Group, Mr. Zeng Xianbin said: Sichuan Industrial Promotion Fund Investment Group Co., Ltd. (Zhenxing Group) is a comprehensive fund investment group, integrating fields such as fund investment, science and technology innovation industry and asset management. Currently, the Group is a large-scale core enterprise directly under the Sichuan Provincial Government, and is also the management agency of the Provincial Industrial Investment Guidance Fund, and serves as the Chairman of the Sichuan Investment Fund Association, with a subject credit rating of AAA. Zhenxing, focus on research and development and production of electronic regulators, wireless communication modules.

Zhenxing Group hopes to promote the construction of international trade cooperation zones and industrial parks between Hai Phong city and Chengdu city, Sichuan province.

In 2023, Xuguang Technology Co., Ltd. (Zhenxing Group) will establish Xuguang Technology (Vietnam) Co., Ltd. in Hai Phong with a registered capital of 4.15 million USD and an output of 6.385 million USD in 2024. Taking advantage of Xuguang Technology's resources in Hai Phong, Zhenxing Group hopes to promote the construction of international trade cooperation zones and industrial parks between Hai Phong city and Chengdu city, Sichuan province./.

Source: https://haiphong.gov.vn/tin-tuc-su-kien/thuc-day-xay-dung-cac-khu-hop-tac-thuong-mai-va-cong-nghiep-quoc-te-giua-thanh-pho-hai-phong-voi-749796