On March 17, Mr. Le Quang Hoa - Vice Chairman of Hung Yen Provincial People's Committee - received and worked with a delegation of the China Investment Association led by Mr. Mac Tham Pham - Vice Chairman of the Association, Chairman of the Board of Directors of Sheng Meng International Group, to survey and explore investment cooperation opportunities in the province.
At the working session, representatives of the Trade Promotion Agency and the China Investment Association gave an overview of the Association - a national-level social organization in the field of investment, with more than 1,000 members being large corporations and businesses operating in the fields of infrastructure, clean energy, science and technology, innovation and international trade. The Association plays a role in connecting businesses, promoting investment cooperation and providing macroeconomic information.
Mr. Mac Tham Pham expressed his desire to learn in depth about the investment environment, mechanisms, and investment attraction policies of the province; and exchanged views on the possibility of cooperation in implementing projects in the fields of e-commerce, electricity - e-commerce, logistics and service infrastructure.
The delegation is particularly interested in researching and investing in a large-scale integrated protection zone (export processing zone), aiming to form a transshipment and circulation center for goods serving trade between Vietnam and China and countries in the region.
Speaking at the working session, Mr. Le Quang Hoa emphasized the province's advantages when located in the key economic region of the North, near Hanoi; the transportation system is increasingly synchronized with national highways, expressways and beltways, creating favorable conditions for industrial, commercial and logistics development.
The province is striving to become an industrial province in a modern direction by 2035, meeting the criteria of a type I urban area; and at the same time focusing on developing synchronous and modern industrial park infrastructure with great development potential.
The province affirms that it always welcomes and accompanies investors on the basis of complying with the law and planning; prioritizing attracting high-tech, advanced, energy-saving, and environmentally friendly projects, contributing to improving the quality of growth.
At the working session, Chinese businesses exchanged views on proposals to study the construction of a comprehensive tax protection zone in the coastal economic zone; attracting projects in the fields of science and technology, artificial intelligence (AI), e-commerce, logistics, Big Data data centers and electricity and electronics projects.
The delegation of the Chinese Investment Association expressed their impression of the province's investment environment and said that they will continue to study and assess the potential for cooperation. After the working session, the delegation surveyed a number of industrial parks in the province to learn about planning, infrastructure, land funds and investment environment.
