Mr. Duong Van An, Secretary of the Vinh Phuc Provincial Party Committee, recently held a meeting with Mr. Yap Kwong Weng, CEO of T&Y SuperPort Vinh Phuc Joint Stock Company, and its partners.
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.
Mr. Tran Duy Dong, Chairman of the Provincial People’s Committee of Vinh Phuc, recently hosted a working session with Samsung E&A Vietnam Co., Ltd on environmental investment cooperation in the province.
Recently, Polaris Group (USA) inaugurated a factory in Ba Thien 2 Industrial Park. The ceremony was attended by Mr. Tran Duy Dong, Chairman of the Vinh Phuc Provincial People's Committee; Ms. Courtney Beale, Deputy Chief of Mission, U.S. Embassy Vietnam; and representatives from many provincial departments and sectors.
According to the Vinh Phuc Industrial Parks Management Board, from January to August 2024, the industrial parks attracted 33 new investment projects, comprising 24 foreign direct investment (FDI) projects and nine domestic direct investment (DDI) projects.
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.
Vinh Phuc province prioritizes not only attracting major investors and high-tech projects, but also scientific, technological, and environmentally friendly projects. It supports cleaner production companies to reduce pollution, fostering a green environment and promoting sustainable growth.
Recognizing the development of industrial parks (IPs) as a key driver for enhancing investment attraction and socioeconomic growth, Vinh Phuc province leaders have placed emphasis on this area. They have directed relevant agencies to collaborate and offer comprehensive support to investors in IP infrastructure.
Nam Binh Xuyen Industrial Park was approved for investment by the Prime Minister under Decision 399/QD-TTg dated March 19, 2021; ratified the detailed construction planning by the Provincial People’s Committee under Decision 36/QD-UBND dated January 7, 2022.
Vietnamese
October 2024
Hanoi