Addressing at a working session with a business delegation from Taiwan on the morning of September 27, Mr. Nguyen Duc Trung - Chairman of the Provincial People's Committee expressed confidence in the investment cooperation relationship between investors and enterprises, including enterprises from Taiwan, in Nghe An province will achieve practical results in the coming time.

Welcoming and working with the Taiwan Business Delegation led by Mr. Hua Gioi Lap - Vice Chairman of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), Chairman of the Board of Acbel Polytech Inc. as the Head of the delegation. From the Provincial People's Committee, there were Mr. Hoang Nghia Hieu - Deputy Secretary of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee; leaders of relevant departments, branches, units and localities.

Working session scene

On behalf of the provincial leaders, Mr. Nguyen Duc Trung - Chairman of the Provincial People’s Committee expressed his pleasure to welcome the Business delegation of Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) to visit and survey investment environment and investment connection in Nghe An province.

This is the first time the province has welcomed the business delegation from the TEEMA with many enterprises coming to research and survey the investment environment in Nghe An province. This shows the interest, respect and trust of Taiwanese enterprises in general and enterprises in the delegation in particular for the investment environment of Nghe An province. At the same time, it will open up many attractive cooperation opportunities between Taiwanese enterprises and Nghe An province in the near future.

Mr. Nguyen Duc Trung - Chairman of the Provincial People’s Committee expressed his pleasure to welcome and work with the business delegation from Taiwan and wished the business trip of the delegatin to Nghe An a great success.

The province also sincerely thanks the Foreign Investment Department, the Ministry of Planning and Investment for their interest and organization of the business delegation to survey Nghe An with very good assessments and introductions for the province.

Reviewing the main features of natural and social conditions, the Chairman said that Nghe An is like Vietnam in miniature. In the past time, the province has attracted multinational corporations and large enterprises to invest in the province with a relatively large scale and modern technology. This has created jobs and contributed to the development of the locality. The projects put into operation have contributed to the economic restructuring and growth of the province, especially the growth of export products. Currently, in the province, FDI enterprises contribute 30-35% of Nghe An's export value.

In the past 3 years, although heavily affected by the COVID-19 epidemic, Nghe An is still believed by investors to continue investing in the province. In recent years, Nghe An has attracted enterprises to invest in a number of fields of electronic equipment manufacturing and high-tech applications in production, including four major projects: Goertek, Everwin, Ju Teng, Luxshare ICT. Especially, the investor Ju Teng International Holdings Ltd from Taiwan with the project of a plant to manufacture electronics, computers and automotive equipment in Hoang Mai Industrial Park 1 worth 200 million USD in phase 1, built on an area of 120 hectares of land. This project will create jobs for 6,000-9,000 workers.

“This is a very encouraging figure, the clearest proof of the trust of foreign investors in the province’s investment environment, as well as the efforts and determination of Nghe An province and provincial levels of government in attracting foreign investment capital” – the Chairman of the Provincial People's Committee emphasized.”

The Chairman also expressed that in the investment results in Nghe An, the province recognizes and appreciates the contributions of enterprises and investors, including enterprises from Taiwan that have been, are and will have investment, production and business activities in Nghe An province.

With positive signals in attracting investment to Nghe An in the past time, in order to continue to receive high-quality foreign investment flows in the near future, especially investment flows from Taiwan. To create favorable conditions for enterprises to invest from abroad in the province, Nghe An province will continue to implement many measures to synchronously complete planning, transport infrastructure, services, and at the same time building a favorable - safe - reliable investment environment for investors.

Nghe An province welcomes investors and enterprises from Taiwan to invest in the province in the following fields: Electronic component manufacturing, high technology, processing industry, manufacturing, supporting industry, etc. These fields are the strengths of Taiwanese enterprises as well as the fields that Nghe An province chooses to attract and encourage investment. The province commits and accompanies investors towards the sustainable and effective success of both sides. The success of investors is also the success of Nghe An province.

Mr. Hua Gioi Lap - Vice Chairman of the TEEMA expressed his impression of the land and people of Nghe An province.

Sincerely grateful for the warm welcome of the Provincial People's Committee to the delegation, Mr. Hua Gioi Lap - Vice Chairman of the TEEMA expressed his impression when visiting the land and people of Nghe An - the hometown of President Ho Chi Minh. He expressed his trust in the development of Nghe An in the future.

Introducing the history of TEEMA, Mr. Hua Gioi Lap said: the Association was established in 1948. Up to now, the Association has more than 3,000 members. The Association's production and export value accounts for more than ½ of Taiwan's production and export value. The electrical and electronic industries are part of the Association, which is also Taiwan's largest industry association.

Due to the China–United States trade war, the Association must think about investing globally, regardless of South America, North America. Recently, the Association has paid special attention to the Southeast Asian market and especially to the Vietnamese market. Because Vietnam has many beneficial development characteristics for the members of the Association such as population, geographical location, etc. Therefore, Vietnam is the first place in the deployment of the new development policy that the Association conducts a survey. Through the direct survey at 02 industrial parks in the province, with infrastructure planning on highways, deep-water ports, geographical location, human resources, etc., the delegation has recognized and believed in the future development of Nghe An and good results when investing in Nghe An, Vietnam.

At the working session, the delegation was introduced to the advantages, potential and opportunities for investment in Nghe An province, especially the infrastructure of large industrial parks in the area such as VSIP, WHA Nghe An, Hoang Mai Industrial Park 1, etc.

Representative of Ju Teng International Holdings Ltd shared about investment experience in Nghe An province

In particular, the delegation listened to the representative Ju Teng International Holdings Ltd share their investment experiences in Nghe An province, which is the clearest evidence of the achievements of improving the investment environment, making efforts to promote and attract investment from Nghe An province in recent years.

According to the representative of Ju Teng International Holdings Ltd, when coming to research about investment in Nghe An, enterprise has been received with enthusiasm and friendliness of the leaders of the province, sectors and levels. Nghe An province is ready to industrialize. Hoang Mai 1 Industrial Park is where the group chooses. The infrastructure here is quite complete. The premise is guaranteed, the transportation system is very convenient, especially when the North-South expressway is completed. During the deployment of the project, the Ju Teng International Holdings Ltd has received the companionship and sharing of all levels and sectors, especially when the provincial leaders met directly with the people to exchange and receive support to help the project proceed as planned.

In addition, the investment procedures are very enthusiastically supported by the Management Board of Southeast Economic Zone so that the Group can soon obtain an investment license. The representative of Ju Teng International Holdings Ltd affirmed that Nghe An's investment environment is ready to receive the investment wave from Taiwan.

After listening to the introduction about the province's potential and advantages, shared by Ju Teng International Holdings Ltd when they came to invest in Nghe An, Mr. Hua Gioi Lap expressed his initial impression and hoped that after the survey he would return to invest in Nghe An province.

Address at the end of the working session, Mr. Nguyen Duc Trung - Chairman of the Provincial People's Committee once again affirmed that Nghe An province is always ready to welcome domestic and foreign investors, including investors from Taiwan to explore opportunities and invest in Nghe An. Through information about the province's potential, advantages, investment environment, direct survey in industrial parks and especially the sharing of Ju Teng International Holdings Ltd, the Chairman believes that the enterprises of the delegation partly felt, understood and knew about the investment environment in Nghe An province and partly proved the attractiveness of the province's investment environment. The province is aware that the province's efforts and commitments on the investment environment are only really effective when recognized by investors. And the success of investors is also the success of Nghe An province.

The presence of enterprises from Taiwan today, once again shows a positive signal of Nghe An province in attracting investment. In the coming time, Nghe An will focus on the tasks that have been reported specifically at the Conference “Prime Minister with foreign investment enterprises” taking place on September 24, in which identifying 5 tasks are also 5 ready to welcome the new wave of investment. Nghe An has prepared conditions to be ready to welcome a new wave of investment in terms of premises, essential infrastructure, human resources, investment environment and is always ready to support and accompany enterprise and investors from researching, surveying, licensing to implementing construction investment and putting the project into production and business activities. The Chairman said that “The province takes the motto of building a government to serve the satisfaction of enterprises and investors as the goal to perform the task”.

Nghe An province believes that the investment cooperation relationship between province and investors and enterprises, including enterprises from Taiwan, will achieve practical results in the coming time. This is a good combination between the financial capacity, experience, market and technology of Taiwanese enterprises with the potential, advantages and people of Nghe An province.

Phan Quynh