Continuing the visit, working, and investment promotion activities in China, on the morning of August 7, a delegation from Hai Phong City, led by Le Tien Chau, Member of the Party Central Committee, Secretary of the City Party Committee, and Head of Hai Phong’s National Assembly delegation, organized an investment promotion conference in Shenzhen City (Guangdong, China).
The event was also attended by Nguyen Viet Dung, Vietnam's Consul General in Guangzhou, China, members of the Hai Phong City Party Committee’s Standing Committee, city leaders, and a large number of Chinese enterprises.
In his speech at the conference, Secretary of the Hai Phong City Party Committee Le Tien Chau emphasized that this was the first time Hai Phong organized an investment promotion conference in China, coinciding with a significant time aimed at concretizing the high-level leadership’s policies of both countries and moving towards the 75th anniversary of the establishment of Vietnam-China diplomatic relations (January 18, 1950 - January 18, 2025).
The Secretary introduced some of Hai Phong's outstanding potentials and advantages, affirming that the city would further improve areas to support investors, such as applying digital transformation, developing sufficient social housing to meet the needs of workers, and particularly focusing on developing high-quality human resources along with upgrading services to meet essential needs of foreign investors (international hospitals and schools, tourist sites, 5-star hotels, golf courses, etc.).
Notably, in 2025, Hai Phong will develop a new economic zone in the southern part of the city, oriented as a green, ecological economy, aligning with international ESG trends: Environment - Society - Governance, with special incentive policies, including a free trade zone, to create an attractive investment environment and preferential mechanisms to attract foreign investors, especially Chinese investors.
The city's delegation congratulated businesses registering for investment and signing cooperation agreements in Hai Phong city.
At the conference, Hai Phong city leaders handed over investment registration certificates worth 200 million USD to Chinese investors.
Specifically, they handed over an amended investment certificate for an additional 50 million USD to Flat Vietnam Co., Ltd. for a solar energy glass production project at DEEP C Industrial Zone (IZ) in Hai Phong (increasing the total project capital to 350 million USD); a high-tech electronic component production project by Ways Technology Vietnam Co., Ltd. at DEEP C IZ in Hai Phong (15 million USD); CFL Holdings Limited invested in a vinyl flooring production project with a total capital of 10 million USD at DEEP C IZ in Hai Phong; Yuekai Machinery Manufacturing Co., Ltd. with a project to produce and process automotive parts at An Duong IZ, increasing capital by an additional 35 million USD, raising the total project capital to 55 million USD; HMT New Materials Technology Hai Phong Co., Ltd. with an investment project to produce automotive airbags at An Duong IZ, increasing capital by an additional 12 million USD, raising the total project capital to nearly 100 million USD; Finework International Co., Ltd. with a project to produce mechanical products and industrial spare parts with a total investment capital of 10 million USD at Nam Dinh Vu IZ; and Autel Vietnam Co., Ltd. with a project to produce automotive diagnostic equipment at An Duong IZ, increasing capital by an additional 58 million USD.
During the conference, a ceremony was held to sign memorandums of understanding (MoUs) for cooperation between Chinese businesses and the Hai Phong Economic Zone Authority and industrial zone infrastructure enterprises in Hai Phong.
Specifically, an MoU was signed between the DEEP C IZ complex and CFL Holdings Limited on expanding the existing investment project valued at 100 million USD at DEEP C IZ in Hai Phong; an MoU was signed between the Nam Cau Kien IZ and Khoi Nguyen Co., Ltd. on implementing an investment project to produce phone components valued at 12 million USD; an MoU was signed between the Hai Phong Economic Zone Authority and Exquisite Power Vietnam Co., Ltd. on expanding an investment project for assembling batteries for mobile phones and laptops at Nam Dinh Vu IZ with an increased investment capital of nearly 100 million USD; an MoU was signed between the Hai Phong Economic Zone Authority and Shen Viet Investment Union Co., Ltd. on strengthening the attraction and support of Chinese businesses and investors in Hai Phong city and the announcement of the establishment of an industrial real estate consulting center by Shen Viet Investment Co., Ltd. in Hai Phong.
