Deputy PM hosts leader of major Chinese high-tech group

While acknowledging the group's investment, development and expansion plan worth between 2-2.5 billion USD in Thai Nguyen, Quang said the province is experienced in attracting and creating favourable conditions for high-tech enterprises.

The Deputy PM suggested the Chinese group have plans to invest in other localities to create its ecosystem in Vietnam, and create favourable conditions for Vietnamese high-tech enterprises to participate in its auxiliary equipment supply chain.

With an investment of 2-2.5 billion USD, the Sunny Group can establish a high-tech research and development centre in Thai Nguyen to immediately apply new technologies in production and to easily transfer the technologies to Vietnam, Quang recommended.

He requested Thai Nguyen authorities further facilitate the Sunny Group’s operations and expressed his belief that such a favourable business climate will prompt Sunny to devise an investment expansion plan in Vietnam.

For his part, Ye wished to receive support from the Vietnamese Government, ministries, and sectors in implementing the project, and pledged to strengthen cooperation between Sunny and localities of Vietnam to help promote the group’s business partnership in the country.

At the meeting, the Deputy PM witnessed the exchange of a memorandum of understanding on cooperation between the Thai Nguyen People’s Committee and Sunny concerning the implementation of the group's investment project valued between 2-2.5 billion USD.