Bac Ninh province seeks Chinese investment for semiconductor and AI hubs

Bac Ninh province in Vietnam is actively seeking to attract Chinese investors to bolster its position as a major electronics and high-tech industrial hub. During a recent seminar attended by approximately 300 representatives from Chinese organizations and businesses, officials emphasized the province's strategic location and infrastructure. Bac Ninh aims to become a leading center for semiconductors and artificial intelligence (AI) in Vietnam, focusing on five strategic sectors including semiconductors, microchips, new materials, and smart logistics.

In South Korea, the Vietnamese Consulate General in Busan is working to strengthen trade connections. At a recent seminar regarding the global trade environment, discussions highlighted the importance of international trade as a primary growth driver for the South Korean economy amidst domestic challenges such as rising real estate prices and consumer debt. The event focused on strategic solutions for businesses to adapt to shifting global economic trends.