Quang Ninh (VNA) – Quang Ninh province continued to affirm its position as an attractive destination for investors in the first half of 2025, with major proposals reflecting the growing interest in the northeastern locality.
Notably, two multi-billion-dollar investment projects were proposed in a single week, underscoring the province’s strong appeal to both domestic and international investors.Among them, teh THDV Green Development Investment Consulting JSC has proposed a 5 billion USD project to develop the GH2 circular economy – green energy complex in Quang Ninh.
The project will feature three major components, including a 713-hectare GH2 green energy complex with five modules and 24 domestic production facilities, a 65-hectare Angus beef cattle farming and biomass processing centre, and a 70,000-hectare raw material cultivation area for agricultural and forestry purposes. Waste from livestock farming will be processed into organic fertilizer and feed energy production at this complex.
Meanwhile, the Pacific Construction Group has conducted a pre-feasibility study for a proposed tunnel under Cua Luc Bay. With an estimated investment of 10 trillion VND (393.7 million USD), the project is scheduled for implementation between 2025 and 2030.These two large-scale proposals are considered breakthrough ones for green energy, circular economy, and transport infrastructure development.
They also reflect the province’s great attractiveness to strategic investors, coming as a result of persistent efforts in improving the business environment.In particular, Quang Ninh has prioritised administrative reform, transparency, and an investor-friendly approach in governance.
Authorities have shifted from a management-based to a service-oriented mindset, focusing on proactive support for businesses. Dedicated working groups have been established to address business concerns, while provincial leaders regularly meet with enterprises to resolve issues related to land use, regulations, and planning.
In the first half of 2025, 136 business-related petitions were addressed. Efforts to speed up site clearance and develop infrastructure in industrial and economic zones have also yielded positive results.
The availability of ready-for-use land has reduced the time for project implementation and increased the province’s competitiveness in attracting secondary investments.
According to the provincial statistics office, the total disbursed investment in Quang Ninh was estimated at 51.4 trillion VND during the first half of 2025, up 11% year-on-year. The registered foreign direct investment (FDI) reached 292.01 million USD, equivalent to 18.8% of the figure in the same period of 2024.
Of this, 12 newly licensed projects are valued at 173.64 million USD, while 10 projects saw capital increases totalling 116.47 million USD.
With these achievements, Quang Ninh has been positioning itself as a safe and dynamic investment hub and realising its vision of a modern, prosperous, and exemplary province, thus remaining a standout in Vietnam’s overall strategy to attract quality capital./.
