Dezan Shira & Associates Joins Investment Workshop for Chinese Delegation in Phu Tho Province

On April 25, 2025, Dan Martin (Senior Associate, International Business Advisory) and Hoa Nguyen (Associate, Business Intelligence) from Dezan Shira & Associates Vietnam, based in our Hanoi office, participated in an investment promotion workshop hosted by Giza Group and the Vietnam Association of Foreign Invested Enterprises (VAFIE).

The event was organized to introduce a delegation of business leaders from Chongqing, China, to Vietnam’s flourishing investment environment. It brought together representatives from Vietnam’s MB Bank, the Singapore Chamber of Commerce, international financial consultancies, and other business organizations. Giza Group, a Vietnamese engineering and industrial development firm known for its work in design-build construction and industrial park operations, led discussions on cross-border cooperation and investment opportunities in the Bac Lam Thao Industrial Cluster, one of its key projects in Phu Tho Province.

Located about 80 kilometers northwest of Hanoi, Phu Tho province is emerging as a key destination for foreign investors in northern Vietnam, attracting major FDI into sectors such as electronics and semiconductor manufacturing, renewable energy—particularly solar power—high-end textiles and garments, rubber and tire production, as well as packaging, plastics, and food processing. This diverse investment landscape highlights the province’s growing appeal due to its strategic location, improving industrial infrastructure, and supportive investment policies.

Dan Martin presented an overview of Dezan Shira & Associates’ advisory services, highlighting how the firm supports foreign investors throughout their market entry and expansion journeys in Vietnam and how the process and business environment differs from the routines more familiar to Chinese investors.

In the afternoon, the delegation visited Phu Tho Province to meet with local authorities and tour the Bac Lam Thao Industrial Cluster, learning more about the specific efforts of the provincial government to create a favorable environment for FDI. The day concluded with a networking dinner with provincial leaders.

Dezan Shira & Associates looks forward to continued collaboration with Giza Group, VAFIE, and business partners to support international companies exploring opportunities in Vietnam.

Further Reading:

• Vietnam and China Manufacturing: Key Comparisons for Business Strategies
• China’s Manufacturing Presence in Vietnam: Locations and Future Growth
• Northern Vietnam Industrial Parks: Benefits and Challenges
• Outbound Direct Investment