Investment Promotion in Taiwan: Connecting Strategic Investments to Develop High-Tech Industry in Vinh Phuc Province

Attending the program, on the Vinh Phuc province side, there were comrades: Tran Quang Ngoc, Deputy Director of the Provincial Investment Promotion and Enterprise Support Center; Nguyen Trung Kien, Executive Vice President of CNCTech Group. On the Taiwan side, there was Ms. You Jingqiu, Secretary General of the Hsinchu High-Tech Park Management Board and representatives of nearly 70 high-tech enterprises in Taiwan.

Conference scene.

The province currently has 18 countries and territories investing in industrial parks (IPs). Of which, Taiwanese enterprises rank second (after South Korea) in total registered investment capital, reaching 1,162 million USD with 46 projects.

HSP was established in 1980 and is known as the “Silicon Valley” of Taiwan, home to more than 500 high-tech companies, including global brands such as TSMC, MediaTek, UMC and ASE Group. It is also the workplace of nearly 150,000 engineers, contributing about 20% of Taiwan’s GDP.

The workshop covered many in-depth topics. Delegates learned about FDI incentive policies, investment processes, strategic advantages of Vietnam in general and Vinh Phuc province in particular, as well as learned about Vinh Phuc's industrial parks and the comprehensive service ecosystem supporting investors.

Deputy Director of the Provincial Center for Investment Promotion and Enterprise Support Tran Quang Ngoc spoke at the workshop.

In addition, representatives of Accton Technology Group - a Taiwanese enterprise successfully investing in Vinh Phuc shared their experiences in investment, production and business in the province; representatives of the provincial Investment Promotion and Enterprise Support Center asked and answered questions, discussing many issues related to the field of investment attraction.

Among the projects introduced at the conference, CNCTech Industrial's industrial park infrastructure projects received much attention from investors because of their geographical advantages, convenient transportation, systematic planning and orientation towards developing green industrial parks, using clean energy.

CNCTech Industrial (CIS) is an industrial & logistics infrastructure developer brand, belonging to CNCTech Group - one of the technology industrial corporations in the Top 10 fastest growing enterprises in Vietnam (FAST500) and Top 500 largest enterprises in Vietnam (VNR500). From a precision mechanical enterprise in 2008, CNCTech has become a multi-industry corporation with a presence in many key industrial parks nationwide.

Mr. Frank Kuo, co-founder of Accton Technology Group, shares practical investment experience in Vinh Phuc.

Currently, CIS owns an industrial land fund of more than 600 hectares and develops modern industrial projects that meet international standards. CIS's outstanding strength is providing a comprehensive industrial service ecosystem from consulting, legal, construction to operational management. Many FDI enterprises from Japan, Taiwan, and Korea have chosen CIS as a strategic partner in Vietnam.

Speaking at the workshop, Deputy Director of the Provincial Investment Promotion and Enterprise Support Center Tran Quang Ngoc shared about the development potential and investment incentive policies of Vinh Phuc to leading high-tech enterprises in Taiwan. He affirmed that for many years, Vietnam has been known as a strategic investment destination thanks to its stable political environment, competitive FDI incentive policies and increasingly modern industrial infrastructure system. In particular, Vinh Phuc is one of the localities that receives special attention due to its favorable geographical location, abundant land fund and open investment policies, with strong commitments from the local government.

The conference is not only a forum for information sharing but also a practical opportunity for international investors to gain in-depth knowledge about the business environment in Vietnam. At the same time, the event opens up strategic connections, promoting a new wave of investment in Vinh Phuc province in particular and Vietnam in general in the context of global supply chain shifts.

News and photos: Khanh Linh

Source: http://baovinhphuc.com.vn/Multimedia/Images/Id/128036/Xuc-tien-dau-tu-tai-Dai-Loan-Ket-noi-dau-tu-chien-luoc-phat-trien-cong-nghiep-cong-nghe-cao-tinh-Vinh-Phuc