Within the framework of the investment promotion program in China, on August 21, a delegation of Thai Binh province led by Mr. Ngo Dong Hai, Secretary of Thai Binh Provincial Party Committee, went to Shenzhen city (Guangdong province) to visit and work with Zhong Li Investment Consulting Company, Kaiyi Auto Company and BYD Group.

At the working sessions, representatives of the provincial delegation and representatives of enterprises and corporations discussed and clarified the process of formation and development, production and business strengths of enterprises and corporations; potential, strengths and investment attraction results of the province in the past time.
Speaking at the working session, Mr. Ngo Dong Hai, Secretary of Thai Binh Provincial Party Committee emphasized that in order to realize the Planning of Thai Binh province for the period 2021 – 2030, with a vision to 2050, in the past time, Thai Binh has prioritized attracting reputable and branded enterprises to invest in large-scale, high-value projects, producing products participating in the global value chain, and being environmentally friendly.
Mr. Ngo Dong Hai also respectfully invited enterprises and corporations to come to research and cooperate in investing in the province in the coming time, and affirmed that with the advantages and development potential of Thai Binh province in the context of Vietnam’s strong development, along with transparent incentive mechanisms and the spirit of openness, readiness to cooperate, and high determination of the leadership team of Thai Binh province, Thai Binh will certainly be a reliable destination for domestic and foreign investors in general, and Chinese investors in particular.
“The province will always accompany and create the most favorable conditions for enterprises and corporations to come to learn about opportunities for effective investment cooperation, production, and business, and develop together in the province,” said Mr. Ngo Dong Hai.
Currently, Thai Binh has established Thai Binh Economic Zone with an area of 30,583 hectares, of which over 8,000 hectares of land is for industrial development; has established 10 industrial parks (of which 4 are located in Thai Binh Economic Zone) and 49 industrial clusters with a total area of nearly 3,000 hectares, has cleared land and built infrastructure, and is always ready to welcome domestic and foreign investors in general, and Chinese investors in particular.
Recently, Chinese investors have been “flocking” into Vietnam, with investment sources increasing by nearly 70% compared to last year. Notably, investment capital is increasing strongly in supporting industries.
As of June 2024, Thai Binh province had 160 foreign direct investment (FDI) projects with a total registered investment capital of over 5 billion USD. Of which, there are 21 direct investment projects of Chinese investors with a total registered investment capital of about 507 million USD, accounting for 13% of projects and 10% of investment capital compared to the total number of FDI projects in the province.
The main investment fields of Chinese enterprises include: Textiles, footwear, hardware manufacturing, electronics. Notable among them are Shengli Vietnam Special Steel Company, Greenworks Company Limited (Vietnam), Capital Holding Real Estate Investment and Trading Joint Stock Company…
At the end of 2023, Geleximco Group (Vietnam) and Omoda & Jaecoo Automobile Company Limited (under Chery Group, China) signed a contract in principle on the investment cooperation project to build an automobile assembly and manufacturing factory in Hung Phu Industrial Park (Tien Hai district).
中文 (中国)
Tiếng Việt