Chinese Tycoons Seek Investment Opportunities in Vietnam’s Top-Growth Province, Targeting Multi-Billion-Dollar Sectors

The province is committed to providing the most favorable conditions for investors, ensuring a seamless and supportive environment for business growth and success.

0
23

Quang Ninh has emerged as a highly attractive investment destination for strategic investors, particularly from China. The province currently hosts projects from investors across 20 countries, with a total registered capital exceeding $17 billion.

Recently,

a delegation of Chinese investors led by Mr. Zong Shuan, Chairman of Yichuan Group, Nanyang City, visited Quang Ninh to explore investment opportunities.

Sharing his development and investment vision, Mr. Zong Shuan, Chairman of Yichuan Group, Nanyang City, praised Quang Ninh’s vast development potential across multiple sectors, highlighting robust business and investment opportunities.

He noted that Chinese investors possess significant strengths and are keen to invest in Quang Ninh across sectors such as infrastructure, renewable energy, pharmaceuticals, new energy vehicles, waste-to-energy technology, real estate, and innovative construction materials.

Additionally, he expressed hope that Quang Ninh Province would continue to provide favorable conditions for Chinese corporations and enterprises to research and explore opportunities, enabling the swift implementation of initial cooperative projects and partnerships during this new development phase.

Quang Ninh’s leadership affirmed the province’s commitment to offering investors the most favorable conditions, including administrative, land, and public infrastructure support, alongside a transparent, open, and equitable investment environment to ensure long-term sustainable business growth.

Quang Ninh anticipates that investors will promptly research and propose cooperative ideas, while also fostering business connections and enhancing collaboration within production and supply chains.

According to data released by Quang Ninh, the province’s investment attraction efforts have intensified recently. In the first 10 months of 2025, total non-state domestic investment capital in Quang Ninh surpassed 204 trillion VND, a 10.5-fold increase compared to the same period last year.

Foreign direct investment (FDI) in Quang Ninh also reached over $528 million, equivalent to 13,460 billion VND. The manufacturing and processing sector grew by 34.16% during these 10 months, remaining a key driver of economic growth.

Quang Ninh aims to achieve an economic growth rate of over 14% by 2025, laying a solid foundation for maintaining an average growth rate of approximately 12% annually from 2026 to 2030. Simultaneously, the province seeks to increase the share of manufacturing and processing to over 18% of GRDP.

To achieve these goals, the province identifies attracting major investors and enterprises as pivotal, contributing to growth, job creation, and social welfare.

According to statistics, Quang Ninh’s 9-month GRDP grew by an estimated 11.66% – the highest in the past decade. Previously, this figure ranged only between 8.02% and 10.12% annually. With this impressive result, Quang Ninh leads the nation, ranking 1st out of 34 provinces and cities in GRDP growth.

You may also like

Unveiling Vingroup’s $18 Billion Mega Project in Northern Vietnam: The Largest in History

This groundbreaking project has just received monumental news.

High-Speed North-South Railway Project: Direct Investment Emerges as the Sole Viable Model

Renowned economist Vu Dinh Anh asserts that the optimal financing model for the North-South high-speed rail project is direct private investment, wherein the state provides 80% of the capital through loans, and private investors contribute the remaining 20%. This approach surpasses both traditional public investment and public-private partnerships (PPPs) in terms of efficiency and feasibility.

Unlocking Billion-Dollar Industries: 5 Key Sectors Urge Congress to Remove Barriers

Representatives from five multi-billion-dollar industry associations (rice, coffee, pepper, timber, and seafood) have jointly submitted a formal document to the National Assembly addressing concerns related to VAT (Value-Added Tax).

Government and Prime Minister’s Directives and Operations on November 23, 2025

The Government Office has issued a press release outlining the directives and instructions from the Government and the Prime Minister as of November 23, 2025.

Deputy Prime Minister Ho Duc Phoc: Aiming for a 3.3% CPI Increase by 2025

On the afternoon of November 21st, Deputy Prime Minister Hồ Đức Phớc chaired a meeting of the Price Management Steering Committee.