Fujian Business Association in Guangxi Promotes Investment in Bac Ninh

The Department of Planning and Investment introduces Bac Ninh’s investment environment to businesses from Fujian. The Fujian Business Association in Guangxi Province, established in 2004, now has a total investment capital of approximately 1 trillion yuan. Many businesses in the Association have long-standing manufacturing facilities; ten of them are among the top enterprises in Guangxi Province, and one is among the top 100 outstanding enterprises in China.

During this visit to Vietnam, the Association aims to survey and explore the market in various industries, seeking long-term investment and cooperation opportunities with Vietnamese businesses in general and Bac Ninh Province in particular.

Currently, this province has 656 investment projects from China, with many successful investors such as Foxconn and Goertek, making significant contributions to the economic and social development and welfare of Bac Ninh Province. Bac Ninh has been designated by the Ministry of Industry and Trade as one of the first localities to connect and organize investment promotion with the Fujian Business Association in Guangxi, China. This is an opportunity for both sides to exchange and seek cooperation opportunities in the fields of building materials manufacturing, electronic products, and importing agricultural products from Vietnam. Additionally, Fujian enterprises wish to survey the province’s industrial parks.

A representative from the Department of Planning and Investment provided an overview of Bac Ninh’s industrial development potential and investment attraction orientation, committing that Bac Ninh is always ready with clean land, human resources, administrative procedure reforms, and the most favorable conditions to support investors in the province.

Representatives from various functional departments directly exchanged and clarified many issues of interest to businesses in the Fujian Business Association, related to human resources, artificial intelligence, solar energy batteries, and the province’s policies on investment support, environment, taxation, logistics, and more.

Source: Bao Bac Ninh

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