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Seminar to introduce Vietnam's business and investment environment in Wuxi, China


The Consulate General of Vietnam in Shanghai is ready to act as a bridge and support Wuxi businesses to survey the market and seek investment and business opportunities in Vietnam.

Delegates attending the Seminar.
Delegates attending the Seminar.

On June 6 in Wuxi city, the Consulate General of Vietnam in Shanghai in collaboration with the Department of Commerce of Wuxi city, Jiangsu province, China held a seminar on business and investment environment. in Viet Nam".

Attending the event were leaders of the Department of Commerce, the Customs Development and Reform Commission, the Foreign Exchange Administration of Wuxi City and nearly 80 enterprises operating in the fields of textile, logistics, electronics, and electricity. force, manufacture…

Speaking at the opening of the seminar, Consul General Nguyen The Tung emphasized that, along with the positive development trend of the Vietnam-China Comprehensive Strategic Cooperation Partnership, the economic and trade relations between the province Jiangsu in general and Wuxi city in particular with Vietnam have continuously achieved many practical achievements.

With the advantage of geographical proximity, convenient transportation, a stable political environment with many open and preferential policies, etc., Vietnam is the first choice for foreign investors, in That includes China.

Consul General Nguyen The Tung delivered the opening speech.
Consul General Nguyen The Tung delivered the opening speech.

Vietnam welcomes Chinese businesses to step up investment in fields consistent with Vietnam's development orientation, such as supporting industries, agriculture, high-tech industry, transport infrastructure, and urban areas. environmental technology...

The Consulate General of Vietnam in Shanghai is ready to act as a bridge and support Wuxi businesses to survey the market and seek investment and business opportunities in Vietnam.

Ms. Tran Ha Trang, Consul in charge of economy and trade introduced Vietnam's investment and business environment and preferential policies.
Ms. Tran Ha Trang, Consul in charge of economy and trade introduced Vietnam's investment and business environment and preferential policies.

Introducing Vietnam's socio-economic development, investment and business environment and preferential policies, Ms. Due to its favorable geographical position in the important connection axis of the region and the world, Vietnam is a market with a population of nearly 100 million, of which 70% are of working age, hard-working and skilled. decent workmanship. Vietnam is also rated as a country with high and stable economic growth, reliable investment policy, upgraded to BB by S&P credit rating agency, "stable" outlook; ranked among the top 5 most attractive investment destinations by EuroCham by EuroCham.

In addition, Vietnam is integrating deeply with the region and the world through a series of bilateral and multilateral trade agreements, including new generation high-quality FTAs ​​such as CPTPP, EVFTA, and FTAs. RCEP, helping Vietnam establish a network of economic and trade cooperation with all G7 and G20 member countries.

Speaking at the seminar, Mr. Luu Tay Huu, Deputy Director of the Department of Commerce of Wuxi city affirmed the growing attraction of the Vietnamese market to Wuxi enterprises in particular and China in general. With a population of 7,49 million, Wuxi's 2022 GDP exceeds 1,48 trillion yuan ($207 billion), GDP per capita is 198.000 yuan ($27.766), ranking first in China.

In recent years, promoting local businesses to invest abroad is a major policy of the city's interest and promotion, hopefully through this seminar, Wuxi businesses will update more about the latest developments. investment policy of Vietnam and find many long-term development opportunities in the future.

Businesses participating in the Seminar also asked many questions related to priority areas, investment and business registration procedures in Vietnam.
Enterprises participating in the Seminar asked many questions related to priority areas, investment and business registration procedures in Vietnam.

On behalf of a number of enterprises currently investing in Vietnam, Jiangsu Fenghuang Coating Materials Technology Co., Ltd and Jiangsu Jialida International Logistics Co., Ltd. shared their experiences in implementing investment in Vietnam, highly appreciate the development as well as favorable conditions in business and investment in Vietnam.

Businesses participating in the Seminar also asked many questions related to priority areas, investment and business registration procedures in Vietnam.

Wuxi is a large city in Jiangsu province, China, with an area of ​​4.787 square kilometers, and a population of 2 million. In 4,47, Wuxi's bilateral trade turnover with Vietnam reached 2022 billion USD, up 3,27% over the same period in 9,1.

Currently, Wuxi enterprise has 52 investment projects in Vietnam, with a total investment of 120 million USD, creating more than 1.600 local jobs, mainly concentrated in southern provinces such as Tay Ninh and Binh Duong.





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