Recognizing the development of industrial parks (IPs) as a key driver for enhancing investment attraction and socioeconomic growth, Vinh Phuc province leaders have placed emphasis on this area. They have directed relevant agencies to collaborate and offer comprehensive support to investors in IP infrastructure.
Nam Binh Xuyen Industrial Park was approved for investment by the Prime Minister under Decision 399/QD-TTg dated March 19, 2021; ratified the detailed construction planning by the Provincial People’s Committee under Decision 36/QD-UBND dated January 7, 2022.
Despite facing numerous difficulties and challenges in site clearance for investment projects, since the beginning of the year, Lap Thach district has made efforts to carry out many consistent solutions to speed up the progress of investment projects like Thai Hoa-Lien Son-Lien Hoa Industrial Park (Area II, Phase 1), which was expected to be completed as scheduled.
Mr. Tran Duy Dong, Chairman of Provincial People's Committee of Vinh Phuc, recently hosted a working meeting with Mr. Nakano Keita, General Director of Toyota Vietnam Company.
Thailand is now ranked fourth in terms of registered investment projects among 20 countries and territories investing in Vinh Phuc province.
On August 18, 2024, marking the 95th anniversary of the Vietnam Trade Union and the "Peak Month of Admitting Union Members," the Trade Union of Vinh Phuc Industrial Parks announced the establishment of new grassroots trade unions in local industrial parks.
The electronics sector, accounting for about 50% of Vinh Phuc's industrial growth, saw significant improvement in early 2024 with a 15% rise in revenue, surpassing VND116 trillion.
To achieve its goal of becoming a major industrial center by 2030, with a vision to 2050, Vinh Phuc has implemented various mechanisms and policies. The province prioritizes strategic investors and high-tech manufacturers to bolster key industries in both Vinh Phuc and the Red River Delta.
Mr. Nguyen Quang Hoa, Deputy Director of the Binh Phuoc Investment, Trade and Tourism Promotion Center (ITTPC), shared the orientation for boosting investment centered on "focus, diversity and efficiency".
Mr. Tran Duy Dong, Chairman of the Provincial People's Committee of Vinh Phuc province, recently hosted a working meeting with Mr. Choi Joo Ho, General Director of Samsung Vietnam.