Ambassador of Italia to Vietnam hopes to expand cooperation opportunities with An Phat Holdings

On February 16, in Hai Duong, the Extraordinary and Plenipotentiary Ambassador of Italy to Vietnam and the delegation of the Italian Embassy and the leaders of Hai Duong province had a meeting with An Phat Holdings (APH) at the factory of An Phat Bioplastics. 

The meeting was attended by Mr. Antonio Alessandro the Extraordinary and Plenipotentiary Ambassador of Italy to Vietnam, Mr. Michele D’Ercole – Chairman of Italian Chamber of commerce in Vietnam (ICHAM), Mr. Tran Thanh Quyet – Director of non-governmental organization of ICHAM. On Hai Duong side, there were Mr. Pham Xuan Thang – Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council; Mr. Nguyen Minh Hung – Member of the Provincial People’s Committee, Vice Chairman of the Provincial People’s Committee, representatives of leaders of the Office of the Provincial Party Committee, Office of the Provincial People’s Committee, and Directors of the Departments sch as: Departments of Planning and Investment, Industry and Trade, Science & Technology, Agriculture & Rural Development; Culture, Sports & Tourism, Education & Training; Management Boards of Provincial Industrial Parks. Welcoming the delegation, there were Mr. Dinh Xuan Cuong – Vice Chairman, General Director of APH and the entire senior management board.

The meeting overview

At the meeting, Mr Dinh Xuan Cuong pointed about An Phat Holdings’ strengths in manufacturing high-tech plastic products, raw materials and bioplastic decomposition products, supporting industries and industrial real estate. With 20 years of development, APH is a closed partner of domestic and foreign enterprises. APH’s long-term partners are located in many countries around the world, especially in Europe with the prominent being Italy and France. “Currently, we are one of the suppliers of high-tech plastic components for large corporations such as Samsung, Honda, Toyota and Piaggio”, said Mr. Cuong. 

An Phat Holdings is also promoting the development of industrial real estate with two industrial parks An Phat Complex (100% occupied) and An Phat 1 (under the ground completion). These are the strengths for An Phat Holdings to boost production and cooperate with many domestic and foreign enterprises. 

Mr. Antonio Alessandro – Ambassador of Italy to Vietnam expect APH share experiences on attracting FDI, investing in industrial zones, producing biodegradable and automated plastic products

At the meeting, Mr Antonio Alessandro asked some questions about the process of business strategy towards biodegradable plastic products of APH. “In Italy today, biodegradable plastic is considered the only solution to reduce plastic waste. Especially, after participating in the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), we understand the importance of biodegradable plastics for sustainable development,” said Antonio Alessandro. 

Besides, with the desire to support Italian businesses to invest in Vietnam, Mr. Antonio Alessandro looks forward to An Phat Holdings sharing about the benefits of An Phat Complex and An Phat 1 industrial zones as well as developing automation lines. 

To answer those question, Mr. Dinh Xuan Cuong said that An Phat Holdings had seen the trend of plastic products and decided to change its strategy. Focusing on developing biodegradable plastic is the result after many discussions with foreign partners, researching the world market. It was also the story of the An Phat Holdings development about 7 years ago”, Mr. Dinh Xuan Cuong emphasized. 

Mr. Dinh Xuan Cuong, Vice President, General Director of APH talked about the APH’s development strategy for biodegradable plastic materials & products

Regarding industrial real estate, Mr. Pham Van Tuan – Deputy General Director of APH said, the industrial zones of An Phat Holdings, like other industrial zones in Hai Duong Province, still support businesses in tax such as tax exemption for the first 2 years. Either more, An Phat Complex or An Phat 1 are not merely industrial parks for leasing land, but also include service and residential areas to create an industrial park ecosystem. “We want to attract businesses not only to rent factories but also to support connection and supply chain,” said Mr. Tuan. 

Sharing more about the strengths of industrial zones, Mr. Cuong said, like industrial real estate invested by Singapore and Japan enterprises, APH provides high-quality services but with more competitive costs, attractive warehouse prices as well as competitive prices. “The importance is that we have different supply businesses to support each one to invest to expand production, most notably to support Piaggio”, Mr. Cuong said.

The Delegation took photos

After the meeting, Mr. Antonio Alessandro said that, with the experience and the position of TOP 100 largest private enterprises in Vietnam, An Phat Holdings prove experience and is a partner to learn and invest in the future. 

In order to increase cooperation efficiency, Mr. Pham Xuan Thang – Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council of Hai Duong Province suggested that the Italian Embassy and Hai Duong province, as well as An Phat Holdings together, connect to attract more Italian FDI enterprises invest in Hai Duong province. 

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