The Lao Cai provincial delegation included leaders of provincial departments and agencies, representatives of Viettel Logistics Company, and the Consulate General of Vietnam in Chongqing. Representatives from Yunnan Province, Honghe Prefecture, Hekou County, and Zongshen Group also attended the meeting.

Vice Chairman of the Lao Cai Provincial People’s Committee Nguyen Thanh Sinh delivered speech at the meeting

At the talks, Mr. Nguyen Thanh Sinh stated that Lao Cai has recently strengthened cooperation with Honghe Prefecture, particularly in cross-border economic cooperation models and the implementation of Zongshen Group’s projects. He noted that in 2026, Lao Cai Province plans to submit for approval a cross-border economic cooperation zone and a smart border gate project, which are expected to facilitate import–export activities and logistics. The province highly appreciated Zongshen Group’s manufacturing capabilities and new energy production, and invited the Group to survey and invest in Lao Cai.

Lao Cai province expressed full support in principle for the Group’s proposals, committing to coordinate relevant agencies to facilitate procedures and offer favorable incentive policies, including those related to entry - exit, import - export activities, and experts working in the province.

Mr. Nguyen Thanh Sinh respectfully invited the Chairman and senior leaders of Zongshen Group to visit and conduct on-site surveys in Lao Cai Province.

Mr. Xie Zongshen, Chairman of the Board of Directors and General Director of Zongshen Industrial Group Co., Ltd.

Mr. Xie Zongshen, Chairman of the Board of Directors and General Director of Zongshen Industrial Group Co., Ltd., affirmed that Vietnam is one of the Group’s most important strategic markets. In 2025, the total revenue of Zongshen’s four enterprises in Vietnam reached RMB 4 billion. In the coming period, the Group will continue expanding investment in Vietnam, focusing on smart, green, and integrated development, especially in the electric motorcycle industry, with deep integration of R&D, smart manufacturing, digital operations, and AI technologies.

Regarding the Hekou Cross-Border Trading Platform Project, Mr. Xie Zongshen emphasized that the project reflects the Group’s strategic orientation toward the Vietnamese market and regional cooperation. Once operational, the platform will apply “AI + trading,” “AI + manufacturing,” “AI + logistics,” and “AI + finance” to build an intelligent cross-border trade coordination system.

Signing of the Strategic Cooperation Agreement between the Management Committee of the China (Yunnan) Pilot Free Trade Zone – Honghe Sub-zone, the People’s Government of Hekou County, and Zongshen Group

Signing of the Cooperation Agreement between Ruitai Development Investment Co., Ltd. (Honghe) and Chongqing Digital Technology Co., Ltd. for the implementation of the Hekou Cross-Border Trading Platform Project (China)

To promote the effective operation of the Hekou Cross-Border Trading Platform Project, while supporting the implementation and long-term development of Zongshen’s electric motorcycle industrial chain in Vietnam, the Group sincerely hopes to continue receiving guidance and support from the Government of Lao Cai Province (Vietnam) and the Government of Honghe Prefecture (China).

The delegation visits Tonly Industrial Park

Mr. Xie Zongshen expressed confidence that, under the coordinated promotion of the governments of the two countries and the two localities, China - Vietnam cross-border industrial cooperation will certainly achieve even greater results. He also expressed his expectation that, with joint efforts by governments, enterprises, and partners of both China and Vietnam, the two sides will pool wisdom, strengthen cooperation, and jointly build a successful future of connectivity, delivering practical benefits to both sides.

Within the framework of the meeting, two cooperation agreements were signed: a Strategic Cooperation Agreement between the Management Committee of the China (Yunnan) Pilot Free Trade Zone – Honghe Sub-zone, the People’s Government of Hekou County, and Zongshen Group; and a Cooperation Agreement between Ruitai Development Investment Co., Ltd. (Honghe) and Chongqing Digital Technology Co., Ltd. for the implementation of the Hekou Cross-Border Trading Platform Project.