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| Inside a Taiwanese company in Hai Phong (Photo: NDO) |
According to the Ministry of Planning and Investment, as of March 20, Taiwan (China) ranked 4th after the Republic of Korea, Singapore and Japan in the list of countries and territories investing the most in Vietnam. Hai Phong is a locality receiving significant investment capital of Taiwanese enterprises. Currently Taiwanese partners have 60 projects in the port city, with a total capital of USD1.8 billion, including 27 projects located in industrial parks and economic zones with a total capital of USD1.6 billion.
“Hai Phong has one of the most modern seaports in the North, which is a pole in the growth triangle of Hanoi - Hai Phong - Quang Ninh. This is also a locality that converges all 5 types of road, sea, railway, inland waterway and air traffic, which is very useful for economic activities. With open policies in attracting investment, the care and support of the city's leaders and the Hai Phong Economic Zone Authority (HEZA), the city is very attractive to investors," Mr. Chen Hung Chin, Chairman of the Board of Directors of Wieson Company, and Head of the delegation of the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), said.
Since September 2022, there have been 4 delegations of Taiwanese enterprises to Hai Phong to explore investment opportunities. Particularly for TEEMA, on April 19, it was the second time it was back to Hai Phong with nearly 50 enterprises in the field of high-tech manufacturing. It is known that the production value of enterprises in this association accounts for 50% of industrial production value in Taiwan (China).
Previously, in October 2022, the HEZA delegation also successfully organized investment promotion activities in Taiwan (China), attracting 15 businesses. After the promotion program, some businesses came to invest in the city.
Taiwanese large investors in the port city include Pegatron Vietnam Co., Ltd. with investment capital of USD800 million, Universal Scientific Industrial Vietnam Co., Ltd. with capital of USD215 million, and Lite On Vietnam Co., Ltd with USD89 million. These are all large enterprises in the field of manufacturing electronic components for televisions, computers, industrial gases, machines, equipment and packaging.
Among these, the most impressive is Pegatron Vietnam Co., Ltd (belonging to Pegatron Group), which has the largest total investment capital in Hai Phong so far. Currently, Pegatron is the main supplier of electronic auxiliary components to Apple, along with Foxconn and Wistron Corp of Taiwan (China). Pegatron is expanding the second project, with a total investment of about USD481 million.
As planned, Pegatron will continue to invest in the third project with a scale of USD500 million in the period of 2025 - 2026. With the continued investment of Pegatron Vietnam to expand the scale in Hai Phong, it once again shows Hai Phong still has a lot of room for Taiwanese investors. The expansion of Pegatron's investment also helps to develop ancillary businesses and banks. Up to now, Taiwan's Megabank has a branch in Hai Phong to welcome the wave of businesses to invest in the city.
With the view that "the success of investors is also the success of the city", Mr. Le Trung Kien, Head of HEZA, affirmed the city will always support and create the best conditions for businesses and investors, including Taiwanese investors./.