Mr. Tran Duy Dong, Chairman of the Provincial People's Committee of Vinh Phuc, recently hosted a working meeting with Mr. Han Sung Won, CEO of SK Group of Korea in Vietnam. The meeting was also attended by leaders of relevant agencies.
With its geographical location, well-developed infrastructure and transparent investment attraction policies, Vinh Phuc's industrial parks have emerged as favored destinations for foreign investors including those from Korea.
Prime Minister Pham Minh Chinh has called on four business giants in the United Arab Emirates (UAE) to invest in strategic infrastructure development, especially airports, seaports and highways, in Viet Nam
The Yen Bai Industrial Zones Authority has actively diversified investment promotion and attraction forms for local industrial zones and achieved positive outcomes in recent years, helping improve the vibrant, high-quality and effective investment and business climate in local industrial zones.
Chairman of Hyosung Group Cho Hyun-joon has announced that the Korean conglomerate plans to invest an additional US$4 billion, creating about 10,000 new jobs in Viet Nam.
According to the Provincial Planning for 2021-2030, with a vision to 2050, recently approved by the Prime Minister, Vinh Phuc province will prioritize industrial development, particularly in semiconductor projects, attracting significant investment from major semiconductor corporations.
With its geographical location, favorable natural conditions and specific policies, Khanh Hoa continues to be an attractive investment destination.
By prioritizing investment in high-tech sectors, mechanical engineering, electronics and supporting industries, especially semiconductors, Vinh Phuc province has attracted major semiconductor corporations from Korea, Taiwan, the United States, and other regions, aiming to establish itself as a key electronics hub in the country.
In the first eight months of 2024, Vinh Phuc province issued investment registration certificates for 53 FDI projects, totaling over US$498 million. This represents a 3.92% increase in projects and a 6.38% rise in capital compared to 2023, exceeding the assigned plan by 24.53%.
In recent years, Vinh Phuc has demonstrated a steadfast commitment to fostering an optimal environment for investors while proactively addressing business challenges.
Thai Binh has undergone dramatic change, from a purely agricultural province specialized in rice cultivation to a leading attractive investment destination in the north, with its economic restructuring driven by a rapidly increasing share of industry and services. This achievement is importantly contributed by economic zones (EZs) and industrial zones (IZs) in investment promotion and attraction.