Việt Nam welcomes investment in smart urban development

July 16, 2025 - 22:04
Việt Nam has issued policies to develop smart urban chains with centrally-run cities serving as core hubs.
Deputy Prime Minister Nguyễn Chí Dũng and Fung Wai Ka Thomas, Director of CCC Infrastructure, and Lai Rong Huo, Chairman of Shenzhen Hero Group at theri meeting in Hà Nội on July 16. — VNA/VNS Photo

HÀ NỘI — The Vietnamese Government will continue to accompany, support, and create the most favourable conditions for Chinese enterprises, and CCC Infrastructure and Shenzhen Hero Group in particular, to invest and operate effectively in Việt Nam, Deputy Prime Minister Nguyễn Chí Dũng said on Wednesday.

During a meeting with Fung Wai Ka Thomas, Director of CCC Infrastructure, and Lai Rong Huo, Chairman of Shenzhen Hero Group, Deputy PM Dũng welcomed their interest and plans to invest in Việt Nam, especially in the field of smart urban development.

He noted that Việt Nam has issued policies to develop smart urban chains with centrally-run cities serving as core hubs. Enterprises are encouraged to collaborate with Việt Nam in various areas, such as providing financial and technical support for pilot projects, cooperating in research and technology transfer for urban governance, and partnering in human resources training.

Deputy PM Dũng suggested that businesses can directly invest in developing smart urban projects in potential localities, initially piloting in smaller urban units such as communes and wards.

He also underlined that the Government has delegated authority to localities, and investors should work closely with them to receive guidance, prepare project proposals, and ensure compliance with legal regulations.

Fung Wai Ka Thomas expressed the company’s interest in implementing real estate projects in Việt Nam, particularly smart urban developments in Bắc Ninh and Tây Ninh (formerly Long An Province). Shenzhen Hero Group and CCC Infrastructure also hope to invest in high-quality industrial parks in Vietnamese localities and seek Government support in exploring investment opportunities.

Established in 2000 and headquartered in Hong Kong, CCC Infrastructure is a leading firm in market research consulting, investment advisory, asset portfolio management, and financial services. Meanwhile, Shenzhen-based Hero Group is a diversified real estate enterprise specialising in smart and sustainable urban development, with 20 affiliated companies operating in major Chinese cities. — VNA/VNS

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