Standing Vice Chairman of Provincial People’s Committee receives and works with Shenzhen Association of Trade in Services

PPC’s Standing Vice Chairman Vuong Quoc Tuan (5^th from left) takes a photo with Shenzhen Association of Trade in Services.

At the reception, Mr. Xie Xiaobiao expressed his impression of Bac Ninh province’s hospitality, outstanding development and attractive investment environment. At the same time, he briefed on the socio-economic development situation of Shenzhen city, one of the strongly developed localities and leading export turnover in China. It is also a center of high-tech industry, software development, new energy and artificial intelligence with 11 businesses in the top 500 largest businesses in the world such as Huawei, Tencent, and so on, he noted.

PPC’s Standing Vice Chairman Vuong Quoc Tuan presents Dong Ho folk painting to Mr. Xie Xiaobiao.

Currently, Shenzhen Association of Trade in Services has more than 1,000 members connecting with more than 20,000 domestic and foreign businesses in operation in innovative finance, modern logistics, creative design, supply chain, service outsourcing, etc.

With the goal of expanding investment abroad, the Association hoped that Bac Ninh province would create favorable conditions for Shenzhen businesses to learn about investment and develop production in Bac Ninh. At the same time, he respectfully extended an invitation to the provincial leaders to visit Shenzhen city to research and expand cooperation opportunities in all fields.

PPC’s Standing Vice Chairman Vuong Quoc Tuan (sitting in the middle).

For his part, PPC’s Standing Vice Chairman Vuong Quoc Tuan briefed on the province’s geographic location, cultural traditions, investment environment as well as its recent outstanding results in socio-economic development. Until now, Bac Ninh province has more than 2,300 foreign investment projects from 39 countries and territories with a total investment capital of more than USD 26 billion, among which, China ranks third in terms of foreign investment capital in the province with USD 2.9 billion, he added.

Chairman of Shenzhen Association of Trade in Services Xie Xiaobiao.

Tuan also said that during the recent business trip from May 12 to 18, Secretary of the Provincial Party Committee Nguyen Anh Tuan and the delegation directly visited and worked with Chinese localities and businesses. At the same time, they witnessed the signing ceremony of a memorandum of understanding and land lease contract between Bac Ninh industrial park investors and Chinese businesses. The provincial leaders expressed their impression of the strong development of Chinese businesses and localities, including Shenzhen city.

PPC’s Standing Vice Chairman Vuong Quoc Tuan discusses with the businesses under Shenzhen Association of Trade in Services.

The Standing Vice Chairman also confirmed that Bac Ninh province is committed to creating favorable conditions for infrastructure and administrative procedures, always accompanying and promptly solving businesses’ difficulties and problems. In addition to preferential investment policies according to regulations, Bac Ninh also has policies to support businesses in training laborers, especially in the semiconductor industry, Tuan highlighted.

Overview of the working session.

Standing Vice Chairman Tuan assigned the Provincial Industrial Zones Authority to be the focal point to connect with the Association to support businesses in learning and investing in Bac Ninh.