Chinese Deli Group Invests $270 Million in Stationery Factory in Vietnam’s Hai Duong Province, Vietnamese Deputy Prime Minister Attends Groundbreaking Ceremony

Deli Group (Vietnam) Co., Ltd. recently held a groundbreaking ceremony for its stationery factory in Dai An Industrial Park, Hai Duong Province, with Vietnamese Deputy Prime Minister and Minister of Finance Ho Duc Phoc in attendance. The project, with a total investment of $270 million, marks a significant milestone for Chinese stationery manufacturing investment in Vietnam.

According to reports, the new stationery factory covers an area of 21,248 hectares with a 50-year operating period. Once operational, the factory is expected to produce over 128.9 million units annually, covering product categories including stationery, household items, student calculators, copiers, document shredders, and various rubber products. The project’s anticipated annual revenue is approximately $5 million.

At the groundbreaking ceremony, Deputy Prime Minister Phoc highly praised the preliminary work of Hai Duong Province’s departments and their coordination with the investor. He noted that as a major foreign direct investment project in Hai Duong Province, invested by a leading Chinese industry player, it will inject new momentum into local economic development.

Phoc emphasized that the Vietnamese government places high importance on digital and green transformation, considering them core elements in economic restructuring and growth model transformation. He specifically requested the investor to adopt advanced technologies in project construction and operation, focus on using green raw materials in the supply chain, maximize resource utilization efficiency, and commit to environmental protection product research and production.

The Vietnamese government pledged to maintain policy stability, continuously improve the legal and regulatory system, create a fair and favorable business environment for investors, and promptly respond to enterprise concerns while helping resolve development challenges.

Data shows that Hai Duong Province has attracted 584 foreign investment projects from 27 countries and regions, with total registered capital exceeding $10.5 billion. Domestic projects reached 1,761, with total investment approaching 113 trillion VND, ranking 4th in the Red River Delta region and 11th nationally. According to plans, Hai Duong Province will establish 32 industrial parks by 2030, covering a total area of 5,661 hectares, with 12 industrial parks currently operational.

At the groundbreaking ceremony, Hai Duong Province People’s Committee Chairwoman Le Thi Thu presented the investment license to Deli Group. Deli Group also donated 2.5 billion VND to the Vietnam Fatherland Front’s Hai Duong Provincial Committee to support local post-typhoon reconstruction efforts.

Key Points:

  • Deli Group invests $270 million in stationery factory in Vietnam.
  • Factory covers 21,248 hectares with 50-year operating period.
  • Expected annual production exceeds 128.9 million units with revenue of about $5 million.
  • Vietnamese Deputy PM emphasizes importance of digital and green transformation.
  • Hai Duong Province has attracted 584 foreign projects totaling over $10.5 billion.
  • Local plans include 32 industrial parks by 2030.
  • Deli Group donates 2.5 billion VND for local disaster recovery.
  • Project receives high-level government attention and support.

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