(24 June 2025)

Sunwah – On 24 June 2025, as part of the 16th World Economic Forum held in Tianjin, China, the Vietnam – China Business Networking Forum was successfully organized, co-hosted by Vietnam’s Ministry of Finance, the Tianjin Municipal Government, Sunwah Group (Hong Kong), and VinaCapital.

The Vietnam – China Business Networking Forum

Dr. Jonathan Choi, Member of the Standing Committee of the National Committee of the Chinese People’s Political Consultative Conference, Chairman of Sunwah Group and VinaCapital, joined Vietnamese Prime Minister Pham Minh Chinh, Tianjin Mayor Zhang Gong, and other senior leaders of both countries at the forum to deliver speeches and discuss directions for both countries’ cooperation and development.

Prior to the Forum, Dr. Choi met with Prime Minister Pham Minh Chinh. During the meeting, Dr. Choi emphasized Sunwah Group’s role as a bridge fostering economic and trade ties between the two countries through hosting investment forums, organizing Chinese enterprises’ visits to Vietnam, attracting quality foreign investment into high-priority sectors such as high technology, supporting Vietnam’s plan to develop an international financial center, and promoting collaboration in education and science and technology. He also shared Sunwah’s 55-year journey of business in Vietnam and its future plans.

Dr. Jonathan Choi (left) and Prime Minister Pham Minh Chinh (right)

Prime Minister Pham Minh Chinh expressed appreciation for Dr. Choi’s efforts and noted that Vietnam is improving its policies to attract foreign investment, especially in high technology and green energy. He highlighted the importance of learning from Hong Kong’s experience in building an international financial center and expressed interest in expanding financial cooperation. He affirmed that the Vietnamese government would provide favorable policy support and welcomed initiatives for tripartite cooperation between China, Vietnam, and the UAE.

Following the meeting, Mayor Zhang Gong and the Tianjin leadership team welcomed Prime Minister Pham Minh Chinh and Dr. Choi at the venue entrance and accompanied them into the event.

In his remarks, Dr. Choi highlighted Sunwah’s 40-year presence in Tianjin and 55-year investment history in Vietnam, underscoring Vietnam’s strong investment potential in infrastructure and the green economy. He proposed expanding the China – Vietnam cooperation in four key areas: infrastructure development, high technology, green energy & electric mobility, and finance. He also noted that VinaCapital, a member  of Sunwah Group, is ready to act as a bridge connecting international capital with the Vietnamese market.

Dr. Jonathan Choi delivered Opening Remarks

In his closing address, Prime Minister Pham Minh Chinh emphasized the vast cooperation potential between Vietnam and China in green energy, smart manufacturing, and infrastructure. He called for leveraging the forum as a platform to strengthen policy alignment, capitalize on Chinese enterprises’ strengths in capital and technology, and align with Vietnam’s industrial upgrading needs to foster synchronized development of financial services and production capacity. He pledged that both governments will continue improving the business environment to write a new chapter of innovative, sustainable, and mutually beneficial development, contributing to regional economic integration.

Vietnam Prime Minister Pham Minh Chinh delivered Closing Remarks

After the Forum, Dr. Choi introduced Mr. Ge Haijiao, Party Secretary and Chairman of the Bank of China; Mr. Sun Yu, Vice Chairman and Chief Executive of Bank of China (Hong Kong); and Mr. Wang Tongzhou, Chairman of China Communications Construction Group, to meet with Prime Minister Pham Minh Chinh.

The parties held in-depth discussions on topics such as cross-border financial support for China -Vietnam infrastructure projects and regional supply chain cooperation. These exchanges helped build a high-level bridge for practical cooperation in transportation, infrastructure, and finance, further extending the outcomes of the forum.

This meeting and forum established a dual-driven mechanism of “high-level strategic alignment + practical enterprise cooperation,” outlining pathways for collaboration in smart green manufacturing, finance, and infrastructure, while creating a comprehensive platform that links policies to project implementation. Under close government–business coordination, bilateral cooperation is shifting from traditional trade to deeper integration of innovation and industrial chains, contributing to the building of a China – Vietnam community with a shared future and advancing regional economic integration.

Several Memodrandum of Understandings between Vietnamese and Chinese enterprises have been signed at the Forum