On 24th, May, 2024, the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), the Business Association of Overseas Vietnamese and more than 50 private entities in Taiwan's high tech manufacturing sector had a visit and hold discussions with the city of Đà Nẵng. In accordance, Saigontel, the Đà Nẵng High Tech Park Board of Managements and Đà Nẵng’s Investment Promotion Agency, together had held an investment promotion conference for Taiwanese company seeking future investment into Đà Nẵng.

TEEMA represents enterprises that are engaged in the production & manufacturing of electrical and electronic components in Taiwan, with more than 75 years of establishment and over 3000 member companies. The diversity of products from members of the Association ranging over 16 sectors of high tech manufacturing which includes: computers, peripheral devices, communications, semiconductor components, optoelectronics, energy, illumination equipment, testing and measurement devices, electric cables, electric equipment, electronic components, battery, automotive electronics..etc. This time, the delegation is lead by Mr. Chen Hung Chin – Chief executive officer of the Wieson Technologies Group, cum President of the association, and Mr. Tsai Sung Hui, Vice President of TEEMA; Along with 50 companies such as Taiwan Secom, Taiwan Fanruan, Fullconn Industry; Chta Hueng Industry, Taitien Electronics, Shinfox Energy; ….

During the meeting with potential investors, the People’s Committee of Đà Nẵng, Đà Nẵng’s Investment Promotion Agency, Đà Nẵng High Tech Park’s board of management, together with Saigontel, organized an investment promotion conference, aiming to attract Taiwanese investments into Đà Nẵng'' to promote the investment opportunities and showcase the policy frameworks to support these high tech sector enterprises. On that day, the delegations also came and examined Saigontel’s ready-built facilities within the premise of Đà Nẵng’s High Tech Park. At the meeting, Saigontel delivered a general introduction of the Project, on behalf of the ĐHTP board of management.

On behalf of the TEEMA delegation, Mr. Chen Hung Chin, head of the delegation expressed his gratitude and avid interest of the Organizer for coordinating and sharing with the delegations on the opportunities of investment. The insights given by Foxlinks at the Conference has imbued great trust on the willingness of the city’s leadership to support the Taiwanese investors. TEEMA member companies shall continue their efforts to research, cultivate feasible plans and solution for investment into Đà Nẵng City. In the meantime, the delegation expressed their profound interest in the Ready-built-factory complexes, as it will help accelerate the process of deployment for Taiwanese enterprises production and manufacturing in Vietnam. At least 10 companies will be projected to enter production through their Vietnamese investment in 2024.

As of now, Taiwan ranked 4th over 145 countries/territories with the most amount of investment into Vietnam, totaling more than 3,200 projects with the total registered capital of over 39.5 billion USD. Taiwan has become Việt Nam 5th largest trading partner, with bilateral trade turnover of 25 billion USD. This conference has shown the profound interests and growth of investment flowing from Taiwan into Đà Nẵng during the upcoming period. In which, Saigontel’s Ready-built-factories located within the premise of ĐHTP is the most viable option that Taiwanese corporations put into consideration, which the investors instill high hopes for Saigontel to support on the matter of investment procedures for Taiwanese businesses locally.

Investment Promotion Department.