Shanghai, China, March 27, 2025 – VSIP Group has launched an investment promotion seminar for South Korean investors in Shanghai, China. This event was organized by VSIP in collaboration with the Kocham Shanghai Association and Blueye Asia Group.

During the seminar, representatives from VSIP, the President of Kocham Shanghai, and the President of Blueye Asia Group signed a Memorandum of Understanding (MOU), showcasing their joint commitment to enhancing cooperation, developing, and implementing future investment promotion programs and events. The main goal is to attract the attention of South Korean companies operating in China and encourage and support the process of shifting investments to the Vietnamese market.

In addition to the seminar, the VSIP delegation held a series of bilateral meetings and exchanges with many key partners, including the Kotra Shanghai Association, Shinhan Bank Shanghai Branch, and representatives from various regional offices of South Korea, such as Gyeongbok Province, Chung Jeong Nam, Jeonnam, Daegu City, and Jeju. These meetings focused on gathering detailed information about the needs and interests of South Korean investors, as well as outlining potential collaboration opportunities, paving the way for the expansion of their businesses in Vietnam.

The investment promotion activities in Shanghai are a strategic move by VSIP to enhance its presence and attract high-quality capital from South Korea in China, contributing to the sustainable economic development of Vietnam.

“The seminar is being held amid a strong increase in investment flows from China to Vietnam, along with impressive bilateral trade figures. Vietnam stands out as a highly promising destination due to its outstanding advantages in geography, a young population, an open policy, and a wide network of FTAs, especially in the context of the global supply chain restructuring. The Vietnamese government is also making continuous efforts to improve the investment environment and promote the development of industrial park infrastructure.”

Suzhou, March 26, 2025 – The Suzhou-Vietnam Investment Promotion Seminar, jointly organized by VSIP, the China Construction Bank (CCB) Ho Chi Minh City Branch, and the CCB Suzhou-Jiangsu Branch, was successfully held.

The seminar took place amid a significant increase in investment flows from China to Vietnam, alongside impressive bilateral trade figures. Vietnam has emerged as an attractive investment destination due to its strategic location, youthful population, open policies, and extensive network of Free Trade Agreements (FTAs), particularly in the context of the global supply chain restructuring. The Vietnamese government is also actively improving the investment environment and developing industrial park infrastructure.

During the seminar, the General Director of China Construction Bank, Ho Chi Minh City Branch, introduced the "Cross-Border Link" financial solution package, demonstrating a deep understanding and commitment to supporting Suzhou businesses in expanding globally, with VSIP being a key partner. VSIP was highlighted as a model for modern industrial parks, pioneering the "one-stop" service model that reduces operational costs for businesses. The co-organization of the event by VSIP further solidified the park’s position and reputation in attracting foreign investment, particularly from China. VSIP not only provides high-quality infrastructure but also creates an ideal ecosystem for investors.

Additionally, the seminar featured insightful contributions from reputable organizations such as The China Export & Credit Insurance Corp. (Jiangsu), the Suzhou Private Enterprise Integrated Financial Services Center, Deloitte Vietnam, and BW Industrial Development JSC. The valuable insights shared by the experts provided a comprehensive understanding of the dynamic investment environment in Vietnam, along with current investment support policies and incentives.

Vietnam, March 26, 2025 – Sembcorp Development, a wholly-owned subsidiary of Sembcorp Industries and its joint venture partner Becamex IDC (Becamex) have committed to explore the development of for more prospective Vietnam – Singapore Industrial Parks (VSIPs).

As part of the state-level ceremony held at the Government Office in Hanoi, in the presence of Mr. Lawrence Wong, Prime Minister of Singapore, and Mr. Pham Minh Chinh, Prime Minister of Vietnam, Memoranda of Understanding (MOUs) have been signed with local governments for initial and expansion of VSIP projects in the Southern Binh Duong province and the Northern Hai Phong City, Hung Yen and Hai Duong provinces. The MOUs reaffirmed the shared goals of creating environments at VSIPs with the necessary infrastructure and resources to attract and support high-tech manufacturing activities. 

In addition to the Memoranda of Understanding, the groundbreaking ceremony for the new 333-hectare VSIP Thai Binh project was also held. Strategically located within Northern Vietnam’s growing industrial ecosystem, VSIP Thai Binh is poised to become a key satellite industrial park.