Vietnam's northern Phu Tho Province organized an investment promotion conference in Beijing, China, on April 14 to attract enterprises specializing in semiconductors, electronic components, data centers, and artificial intelligence (AI).
The event, that took place on the occasion of Party General Secretary and State President To Lam's State visit to China, also focused on seeking partnerships in transport infrastructure, high-tech agriculture, finance, tourism, and the transfer of green energy technology.
Speaking at the conference, Chairman of the Provincial People's Committee, Mr. Tran Huy Dong, stated that the conference aimed to strengthen promotion, cooperation, and investment links between the province and its Chinese partners in trade and tourism.
“This is a testament to Phu Tho’s strong determination to proactively integrate and align with global trends of sustainable development and innovation,” he said.
Since the merger of Phu Tho, Vinh Phuc, and Hoa Binh provinces in July last year, the new province of Phu Tho has significantly expanded its development potential. It now boasts a population of over 4 million people and a Gross Regional Domestic Product (GRDP) of $16 billion.
To ensure readiness for new investment, the province has continuously upgraded its transport systems and technical infrastructure. Phu Tho has already established 28 industrial parks covering more than 5,800 ha.
Under the master plan through 2050, the number of industrial parks is expected to reach 58, with a total land area of over 14,000 ha. Many of these parks are currently equipped with synchronous infrastructure, ready to accommodate large-scale and high-tech investment projects.
Google translate