Hanoi: The Vietnamese Government has pledged ongoing support and facilitation for Chinese enterprises, specifically CCC Infrastructure and Shenzhen Hero Group, to invest and function effectively in Vietnam, as stated by Deputy Prime Minister Nguyen Chi Dung. This commitment was expressed during a meeting held on July 16 with Fung Wai Ka Thomas, Director of CCC Infrastructure, and Lai Rong Huo, Chairman of Shenzhen Hero Group, where Deputy PM Dung acknowledged their intention to invest in Vietnam, particularly in smart urban development.

According to Vietnam News Agency, Deputy PM Dung’s remarks highlight Vietnam’s strategic focus on smart urban development and underscore the government’s readiness to work collaboratively with foreign investors. The involvement of CCC Infrastructure and Shenzhen Hero Group is anticipated to bring significant advancements and innovations in Vietnam’s urban infrastructure landscape, fostering economic growth and sustainable development.

The meeting is part of broader efforts by Vietnam to attract foreign investments in technology-driven sectors, aiming to position itself as a leader in smart city technologies. By providing a conducive environment for foreign enterprises, Vietnam seeks to leverage international expertise and capital to accelerate its urban development initiatives.