Recently, in Taipei and Hsinchu City, Viglacera proudly participated as a prominent Vietnamese industrial park developer in a series of investment seminars organized by the Vietnamese Economic and Cultural Office in Taipei, the Foreign Investment Agency, in collaboration with the Hsinchu City Government, the Taipei Business Association in Hanoi, PwC Taiwan, and Megabank. This event aimed to promote Taiwanese investment in ASEAN and highlight Vietnam’s potential as a key market. Nearly 300 Taiwanese investors attended, reflecting a growing interest in Vietnam’s industrial landscape.
The event was a part of the investment promotion series in Vietnam held from August 4 to August 8, 2024, in Taipei and Hsinchu City, alongside the Taiwan-ASEAN-India Strategic Investment Partnership Forum 2024, aimed at promoting Taiwanese investments in ASEAN countries and India.
With the participation of numerous economic experts, business representatives, and Taiwanese government officials, the seminar presented a golden opportunity to showcase Vietnam’s potential and promote investment opportunities to Taiwanese partners. As the economic relationship between Vietnam and Taiwan continues to strengthen, the event established a solid foundation for Taiwanese investors to explore the market and investment incentives offered by Vietnam.
The seminars featured numerous economic experts, business representatives, and Taiwanese government officials, providing a prime opportunity to showcase Vietnam’s potential and promote investment opportunities to Taiwanese partners. As the economic relationship between Vietnam and Taiwan continues to strengthen, this event established a solid foundation for Taiwanese investors to delve deeper into Vietnam’s market and its investment incentive policies.
According to the Foreign Investment Agency under the Ministry of Planning and Investment, Taiwan currently ranks as Vietnam’s fourth-largest investment partner and fifth-largest trade partner, with nearly 3,200 projects and a total registered capital of over $39.5 billion, which is 1.5 times more than the total FDI from EU countries. Taiwanese companies are showing significant interest in continuing to expand their investment and business cooperation in Vietnam.
Mr. Do Nhat Hoang, Director of the Foreign Investment Agency, affirmed that Vietnam is becoming a crucial link in the global production and supply chain, particularly in the electronics and high-tech sectors. The favorable geographical location positions Vietnam as a gateway for international maritime trade. To attract investors, the government has improved the investment environment by implementing various attractive policies, including tax incentives, clean land availability, and streamlined administrative procedures. Additionally, the focus on digital transformation and green economic development also facilitates opportunities for Taiwanese investors.
Regarding infrastructure, manufacturing companies can be confident in the technical infrastructure within the industrial parks, especially power supply, as localities are actively implementing renewable energy projects. Vietnam is also training 100,000 workers in the electronics industry and 50,000 workers in the semiconductor industry. Public investment is being emphasized, with an advanced transportation infrastructure that enables rapid connectivity between regions. Moreover, the government is swiftly introducing support policies for enterprises in the context of global minimum taxes. Consequently, many Taiwanese companies are continuously expanding their manufacturing facilities in Vietnam.
During the series of seminars, nearly 300 Taiwanese investors expressed interest and commended Viglacera’s industrial parks for synchronized and modern technical-service infrastructure, which meets the stringent requirements of leading electronics, high-tech, and semiconductor corporations such as Qisda, Foxconn, Samsung, Amkor, and BYD…
With over 25 years of experience, Viglacera has developed 14 industrial parks across nine provinces in Northern and Central Vietnam, providing diverse options for investors. All Viglacera industrial parks offer ready-to-build clean land and comprehensive support, making them an attractive destination for enterprises looking to establish a foothold in Vietnam. To date, Viglacera industrial parks have attracted a total investment capital of $18 billion from over 400 domestic and foreign enterprises, including nearly 30 Taiwanese companies with a total investment of approximately $1 billion.
All industrial parks currently feature clean land available for lease, allowing enterprises to quickly set up their factories. Additionally, Viglacera offers one-stop services, ensuring dedicated support for partners throughout the investment process until operations begin.
Currently, all industrial parks have clean land ready for businesses to lease and construct factories. Simultaneously, Viglacera offers one-stop services, committing to accompany and support partners throughout the investment process until operations commence.
