This is the proposal made by the Chinese Group during a working session with the People's Committee of Vinh Phuc province on April 12, 2025.
According to Mr. Ha Vu Hung, Chairman of Songshan Lake Group (Guangdong province, China), Songshan Lake is a large and multi-industry economic group in China. The group operates in many fields, including high technology, real estate, education, healthcare and financial services. The group currently has 5 high-tech parks in China, with about 600 enterprises operating in production and business.
Of which, Songshan Lake high-tech park in Guangdong has an area of 1,500 hectares, with a total investment of 2.4 billion USD, gathering many technology companies, research institutes, and innovation.
Chairman of Songshan Lake hopes that Vinh Phuc will create favorable conditions for the group to conduct research and surveys, aiming to build a high-tech industrial park with a scale of 150-250 hectares, modern, synchronous in infrastructure, factories, services, ready for businesses to come to carry out production, actively contributing to the socio-economic development of Vinh Phuc. The industrial park will focus on attracting high-tech projects such as the production of medical equipment, semiconductor components, PCB circuit boards, robots, and automation equipment.
Highly appreciating the operating model of Songshan Lake Group, Chairman of Vinh Phuc Provincial People's Committee - Mr. Tran Duy Dong - affirmed that Vinh Phuc attaches great importance to attracting foreign investment and considers this a driving force for economic growth. At the same time, Chairman of Vinh Phuc also said that he supports the policy and is willing to create favorable conditions for the Chinese group to study investment opportunities in the province.
According to Mr. Tran Duy Dong, there are currently 9 industrial parks in operation in Vinh Phuc province, with a total investment capital of over 8.5 billion USD, attracting over 480 FDI projects. Of which, 106 projects come from China (including Taiwan), with a total investment capital of over 1.7 billion USD, ranking 5th among countries and territories with investment projects in the province.