Economy

Vice Chairman Pham Van Thinh receives delegation from China’s Desay Group

05/06/2026 14:28

(BNP) – On June 5, Vice Chairman of the Bac Ninh Provincial People’s Committee Pham Van Thinh received and worked with a delegation from Desay Group (China), led by Mr. Liu Qi, Vice President of Desay Group and Chairman of Shenzhen Desay Battery Technology Co., Ltd., to discuss the Group’s investment activities and expansion plans in Bac Ninh.

Vice Chairman Pham Van Thinh receives and works with the Desay Group delegation.

Mr. Liu Qi thanked the provincial leadership and relevant agencies for their support during the Group’s investment and development process in the province. Established in 1983, Desay Group is one of China’s leading electronics and information technology corporations, with annual revenue exceeding USD 9 billion and operations in intelligent automotive electronics and new energy technologies.

Vice Chairman Pham Van Thinh presents a gift to the leaders of Desay Group.

Desay Group currently operates four projects in Bac Ninh with total registered capital of more than USD 126 million, including Desay Battery Vina, Blueway Vina, Desay SIP, and Zhi Yuan Vietnam. The projects manufacture batteries, electronic components, optical fiber products, battery connection devices, and cleaning equipment, creating jobs for around 3,000 workers. In 2025, the Group’s enterprises in the province generated over USD 300 million in revenue.

Mr. Liu Qi presents a gift to Vice Chairman Pham Van Thinh.

The Group praised Bac Ninh’s favorable investment environment and proposed continued support in resolving issues related to taxation, customs procedures, export-processing enterprises, and stable electricity supply. It also expressed interest in studying and developing future energy storage projects in the province.

Vice Chairman Pham Van Thinh highlighted Bac Ninh’s strong investment attraction performance. As of the end of May 2026, the province had attracted more than 3,600 valid FDI projects with total registered capital of nearly USD 50 billion from 44 countries and territories. Chinese investors, including those from Hong Kong and Taiwan, accounted for 1,578 active projects with total registered capital of USD 11.3 billion, ranking first in project numbers and third in investment capital.

Leaders of Bac Ninh province and the Desay Group delegation take a photo.

Commending Desay Group’s effective operations, the Vice Chairman reaffirmed the province’s commitment to supporting businesses in maintaining stable production and expanding long-term investment. He assigned relevant agencies to coordinate with the company in resolving procedural issues in accordance with regulations and ensuring timely reporting of results.

Regarding electricity supply, he directed the provincial power sector to improve service quality and reliability to support uninterrupted production. He also encouraged the company to explore rooftop solar power investments in line with Vietnam’s green growth and energy transition strategy.

Vice Chairman Pham Van Thinh expressed confidence that Desay Group would continue expanding its operations in Bac Ninh, contributing to the province’s socio-economic development and further strengthening Vietnam–China economic cooperation.

P.H