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Direct investment in Vietnam exceeded 1.7 billion in the first nine months of this year

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Direct investment in Vietnam exceeded 1.7 billion in the first nine months of this year

Date of release:2018-04-27 Author: Click:

In the Yunzhong Industrial Park in Bac Giang, Vietnam, workers work in the workshop of Vina Solar. Xinhua News Agency issued a statement on November 10th which said, "China-Vietnam capacity cooperation, like water flow, carries abundant nutrients in the process.  Vietnam can fully absorb China's advanced production technology and management concepts, and Chinese companies can also strengthen and revise themselves.  the two sides will jointly realize the transformation and upgrading.”



Hu Zhanjin, Economic and Commercial Counselor of the Chinese Embassy in Vietnam, explained the necessity of the overseas economic and trade cooperation zone with figures. He said that in the first nine months of this year, China’s direct investment in Vietnam has exceeded 1.7 billion U.S. dollars. The trade cooperation between the two countries needs to improve its quality and efficiency, and it needs more high-tech enterprises and enterprises representing future energy to cooperate with Vietnam. The overseas economic and trade cooperation zone is the best platform for intensity and efficiency.


Vina Solar Photovoltaic Technology Co., Ltd. has taken a step forward in this regard. The company, which officially started construction in Yunzhong Industrial Park in Bac Giang Province in northern Vietnam in 2014, has expanded its factory from the original 7 buildings to more than 20 buildings in just three years. At the same time, it has introduced more than 10 domestic similar upstream and downstream supporting enterprises rapidly formed a photovoltaic industry base with a complete industrial chain in Vietnam. In October of this year, the China Chamber of Commerce in Vietnam Photovoltaic Industry Association was also established.


    Yang Yongzhi, the first president of the Photovoltaic Industry Association and the general manager of Vina Solar Technology Co., Ltd., told Xinhua News Agency that through the vigorous development of Chinese PV companies in Vietnam in recent years, the development experience of China's PV industry for more than 10 years has been brought to Vietnam, which has made Vietnam's PV application market more stable and the image of “Made in China” has become more active, receiving great approval from locals.


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