The province is developing its Dinh An Economic Zone, covering about 39,000 hectares, together with a system of industrial parks. Phu Thuan Industrial Park, in particular, has been planned as a high-tech agro-industrial zone linked with local agricultural production and deep processing.
Under the MoU, the two sides agreed to bolster economic development by forming and enhancing sustainable partnerships, with a focus on trade, industry, investment, technology, and human resources training.
The plant features seven turbines and has a total investment of about 1.6 trillion VND (60.9 million USD), expected to generate 89.5 GWh per year, enough to supply electricity for about 27,000 households.
Vinh Long province is rapidly positioning itself as Vietnam’s most promising hub for coconut export growth, capitalising on outstanding natural conditions and an expanding processing industry to move towards a billion dollar breakthrough.
Lawrence Chan, Head of Vietnam–Singapore Industrial Park (VSIP) in Vietnam, said Sembcorp is a global group that focuses on energy and urban development, with a mission to promote a sustainable and responsible energy transition.
In the first eight months of 2025, Vinh Long’s exports to Japan fetched 417.6 million USD, up 12% year-on-year. The province currently hosts 176 foreign-invested projects, including 15 with direct investment from Japan worth 341.58 million USD in total, making Japan rank 4th in terms of investment capital.
WAGO Group proposed building a biomass power plant in Vinh Long where rice husks would be burned to generate steam for turbines, and the remaining ash would be processed into silica.
Vinh Long hopes 4B Plus Pty Ltd will serve as a bridge to facilitate access for its key agricultural products to the Australian market in the coming time.
Vinh Long province is home to 188 active foreign direct investment (FDI) projects from 24 countries, with a total registered capital of 5.74 billion USD, but none yet from Switzerland.
The Mekong Delta province of Vinh Long has surpassed the 1 billion USD mark in export earnings for the first time, driven by a surge in industrial production this year, according to its Department of Industry and Trade.
