Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen

Pham Hoang Son, Permanent Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Council, speaks at the event (Photo: VNA)

Thai Nguyen – A delegation from the European Union (EU), the Netherlands, and the Vietnamese Embassy in Singapore held a working session with leaders of the northern province of Thai Nguyen on May 16 to explore potential investment opportunities in the province.

Their focus was on projects related to landslide prevention, clean water, wastewater treatment, and tea industry.

Pham Hoang Son, Permanent Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Council, highlighted Thai Nguyen’s strategic location and economic potential.

The province has actively sought foreign investment in 2024, with investment promotion conferences held in the UK, Germany, and the Netherlands. It also collaborated with the Climate Fund Managers (CFM) to connect with potential investors.

The province hopes for further support from the EU, the Netherlands and the Vietnamese Embassy in Singapore, he said.

Dutch Ambassador to Vietnam Kees van Baar said many Dutch enterprises are interested in developing the semiconductor industry in Southeast Asia, with a specific focus on Vietnam and Malaysia, adding that the Dutch Embassy in Vietnam is ready to act as a bridge connecting Thai Nguyen with Dutch firms.

Vietnamese Ambassador to Singapore Mai Phuoc Dung also committed to introducing more Singaporean companies to Thai Nguyen in the future.

On the occasion, local tea producers and traders expressed their desire to expand export markets to EU countries.

Earlier, the delegation attended a groundbreaking ceremony for the Phu Binh water plant in Huong Son town, Phu Binh district.

The 14,000 sq.m plant, built with total investment of nearly 96 billion VND, part of which was funded by the Netherlands' CFM Investment Fund, is expected to have a daily capacity of 10,000 cu.m upon completion in mid-2025. The plant will ensure water supply for Phu Binh district and surrounding areas.

Thai Nguyen hails foreign investment Thai Nguyen is becoming a conducive location for foreign-led investments and expansion.

Thai Nguyen setting stage for investment The northern province of Thai Nguyen has been implementing diversified and synchronous solutions to engage foreign capital, making the province a successful destination for investors.

Thai Nguyen shines among top performers in FDI In light of Thai Nguyen’s socioeconomic development report in Q1, foreign investment attraction continues to garner inspiring results for the northern province.