Beijing (VNA) – The Vietnamese Embassy in China and the northern province of Bac Ninh co-hosted a seminar in Beijing on August 24 to promote investment cooperation between Vietnam and China, with nearly 300 representatives from Chinese agencies, organisations, business associations and companies in attendance.
Addressing the seminar, Vietnamese Ambassador to China Pham Thanh Binh said the state visit to China by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam in April 2026 opened up a new phase in bilateral relations and created a solid foundation for investment cooperation.
The seminar offered an opportunity for Chinese businesses to gain a better understanding of investment potential and opportunities in Bac Ninh, he said, adding that Vietnam is seeking high-tech projects with high added value.
With strengths in technology, manufacturing and new energy, Chinese companies have considerable room to expand investment in Vietnam. Meanwhile, Bac Ninh's strategic location, well-developed infrastructure and dynamic policies make it an attractive destination for Chinese investors, he said.
Vietnamese Ambassador to China Pham Thanh Binh speaks at the seminar. (Photo: VNA)
Vice Chairman of the Bac Ninh People's Committee Pham Van Thinh said the province is working towards becoming a centrally run city, with the goal of developing into a leading semiconductor and artificial intelligence (AI) hub in Vietnam. Its gross regional domestic product (GRDP) grew 10.27% in 2025 and 10.56% in the first half of 2026.
Major enterprises, including MCC, Goertek, Luxshare-ICT, and JA Solar, have invested in the province. Bac Ninh plans to develop 70 industrial parks, 39 of which are currently operational with total area covering 11,387ha. It has around 600ha of ready-to-use industrial land and expects the figure to reach 1,000ha the first quarter of 2027.
The province is encouraging investment in five strategic areas: semiconductors, integrated circuits and new materials; aviation, unmanned aerial vehicles (UAVs) and smart logistics; robotics, AI and smart manufacturing; pharmaceuticals, biomedicine and advanced medical equipment; and green energy, smart electrical equipment and sustainable industries, according to Thinh.
Liu Chun, Chairman of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), said the chamber and Bac Ninh have built a solid foundation since 2023 through trade and investment activities and the establishment of a government-to-business connection channel.
A CCCME delegation visited Bac Ninh's industrial parks in March 2024 and identified the province as a leading electronics manufacturing centre in northern Vietnam and a key destination for Chinese machinery and electronics companies, he said.
Liu proposed strengthening government-to-business connectivity, expanding collaboration in smart manufacturing and green transformation, enhancing legal compliance guidance, and deepening cooperation between CCCME, the Vietnamese Embassy, and industry associations.
Representatives of Kinh Bac City Development Holding Corporation and Chinese investors in Bac Ninh, including JA Solar, Sunwoda, and Tarry, shared their experience in implementing projects in the province.
At the closing session, Secretary of the Bac Ninh provincial Party Committee Nguyen Hong Thai said it’s a strategic milestone for Bac Ninh to become a centrally run city. He affirmed that the province regards Chinese businesses as important partners and prioritises high-tech, environmentally friendly, and high-value-added projects.
The province will accompany investors throughout the life cycle of their projects and welcomes Chinese businesses to visit and explore investment opportunities in Bac Ninh, he added./.
