EuroCham Vietnam participates in Hung Yen Province’s masterplan announcement ceremony

On Sunday, 7 July, EuroCham Vietnam Vice-Chair Claudia Anselmi participated in the Announcement Ceremony of Hung Yen Province’s Masterplan for 2021-2030, with a vision extending to 2050. Her participation included a pre-recorded video address. 

The event, attended by Prime Minister Pham Minh Chinh, ministerial and provincial leaders, and local businesses, marked a significant milestone in the region’s development strategy.

Hung Yen, located in the Red River Delta region of northern Vietnam, plays a crucial role in the country’s economic landscape. Known for its rich history and strategic location near Hanoi, the province has become increasingly important as an industrial and agricultural centre. Its proximity to major transportation hubs and growing industrial parks makes it an attractive destination for both domestic and foreign investment.

Prime Minister Chinh commended the masterplan for its innovative approach and long-term vision. He highlighted how the plan effectively leverages local advantages while preserving the ancient Pho Hien culture, aiming to create “a new miracle” for the province.

In attendance (above, left to right): Chief of the Office of Central Party, Nguyen Duy Ngoc; Minister of Public Security, Luong Tam Quang; Party Secretary of Hung Yen Province, Nguyen Huu Nghia; Prime Minister Pham Minh Chinh; Head of the Central Committee of Foreign Affairs, Le Hoai Trung; Minister of Planning and Investment, Nguyen Chi Dung; and Minister of Foreign Affairs, Bui Thanh Son.

The Prime Minister outlined eight major tasks and solutions for Hung Yen, focusing on:

• Enhancing the local business and investment environment
• Streamlining administrative procedures
• Optimising resources for infrastructure development
• Promoting innovation and digital transformation
• Encouraging startups
• Accelerating economic restructuring
• Improving productivity and competitiveness

These initiatives aim to transform Hung Yen’s economic structure and growth model, positioning the province for sustainable development and increased competitiveness in the coming decades.

EuroCham Vietnam remains committed to supporting Vietnam’s regional development initiatives and fostering stronger economic ties between European businesses and Vietnamese provinces. We look forward to seeing Hung Yen’s ambitious masterplan unfold and to exploring potential opportunities for collaboration and investment in the region