Bac Ninh Provincial leaders received a delegation from the Singapore Semiconductor Industry Association to explore investment cooperation opportunities.

BAC NINH - On August 27, Comrade Mai Son, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Bac Ninh Provincial People's Committee received and worked with the Singapore Semiconductor Industry Association delegation led by Mr. Ang Wee Seng, Executive Director, to explore cooperation opportunities in the province. Also attending the meeting were Mr. Cao Xuan Thang, Commercial Counselor, Embassy of Vietnam in Singapore and representatives of relevant departments and branches.

On behalf of the provincial leaders, Comrade Mai Son expressed his pleasure to welcome and work with the delegation. He informed about the socio -economic development situation in the first 7 months of 2025, including the results of attracting foreign investment in the province.

Comrade Mai Son presented a Dong Ho folk painting to Mr. Ang Wee Seng.

Comrade Mai Son outlined the province's outstanding features and strengths in developing electronics, high-tech and semiconductor industries; some investment support policies and investment attraction orientations.

Aiming to become a class I city directly under the Central Government, Bac Ninh province has been actively investing and upgrading its infrastructure system; attracting investment resources to build social infrastructure works and other technical infrastructure according to the planning to achieve the goal of urban development and improve the quality of life of the people.

Comrade Mai Son spoke at the meeting.

Bac Ninh province currently has 33 established industrial parks with a total area of ​​10,171 hectares and 93 established industrial clusters with a total area of ​​3,497 hectares. Large corporations investing in industries, using modern technology and having large production lines have changed the structure of industrial products in the province.

In particular, smartphones have been the main product of Samsung Bac Ninh Complex since 2015, becoming the main product manufactured in the province. This has contributed to making Bac Ninh in particular and Vietnam in general a center for manufacturing and assembling components for electronic products of many major technology companies in the world such as Samsung, LG, Canon, Toshiba, etc.

Mr. Cao Xuan Thang hopes that Singaporean enterprises will be interested in investing in Bac Ninh province.

Comrade Mai Son assessed that Singapore is one of the major trade partners of Bac Ninh enterprises and hoped that Singaporean enterprises would continue to learn and invest more and more in the province. The Semiconductor Industry Association in Singapore will introduce large corporations to invest in Bac Ninh.

Bac Ninh province creates the most favorable conditions for investors and economic groups to have an open, transparent, and stable investment and business environment, contributing to the socio-economic development of the province. He suggested that investors study in depth the fields they plan to invest in and other fields in which they have strengths and Bac Ninh province has potential and advantages.

Mr. Ang Wee Seng proposed that provincial leaders create favorable conditions for semiconductor enterprises to invest in production and business in Bac Ninh.

Comrade Mai Son assigned the Department of Finance, the Department of Industry and Trade, and the Provincial Industrial Park Management Board to coordinate as the focal point to receive, provide information, answer questions, and guide investors in the process of learning about investment in the province. Relevant departments and branches, based on their functions and tasks, are responsible for coordinating so that cooperation between the two sides can achieve the highest efficiency.

On behalf of the delegation, Mr. Ang Wee Seng thanked the leaders of Bac Ninh province for their warm and open reception; and briefly introduced the functions and tasks of the Singapore Semiconductor Industry Association (SSIA). This is a key organization representing the interests of the Singapore microelectronics industry. SSIA's mission is to connect the semiconductor industry in Singapore and around the world, providing a platform for industry leaders to share insights and practical experiences. The association focuses on promoting emerging technologies and fostering collaborative initiatives.

The Singapore government has been a staunch supporter of the semiconductor industry, implementing various initiatives to spur growth. It has invested funds to enhance research, development and innovation in the semiconductor sector. The semiconductor industry accounts for nearly 7% of Singapore's gross domestic product, demonstrating the important role it plays in the national economy.

Mr. Ang Wee Seng expressed his wish that provincial leaders, departments and branches create the most favorable conditions for Singaporean semiconductor industry enterprises to learn about and survey the investment environment; at the same time, support and guide investment procedures, production and business in Bac Ninh.

Immediately after the working session, investors went to survey and learn about the reality at VISIP Industrial Park - Bac Ninh.

News and photos: Nguyen Ha - Nguyen Tuan

Source: https://baobacninhtv.vn/lanh-dao-tinh-bac-ninh-tiep-doan-cong-tac-hiep-hoi-cong-nghiep-ban-dan-singapore-den-tim-hieu-co-hoi-hop-tac-dau-tu-postid425143.bbg