Tay Ninh (VNA) – The southern province of Tay Ninh was recognised as one of the top 10 localities most attractive to large enterprises in 2025 at the announcement ceremony of the VNR500 ranking – the Top 500 largest enterprises in Vietnam in 2025.
This marks the second consecutive year the locality has featured on the prestigious list.
The result reflects Tay Ninh’s sustained efforts to improve its investment climate, enhance governance efficiency and strengthen trust among the business community in recent years.
According to Huynh Van Son, Vice Chairman of the provincial People’s Committee, the recognition underscores the province’s consistent development orientation, which places enterprises at the centre of public service delivery. Administrative reform, greater transparency in the investment environment and improvements in governance quality have been identified as core pillars of this approach. The achievement also serves as a driving force for Tay Ninh to continue renewing its management mindset and strengthening competitiveness amid intensifying inter-provincial competition for resources, he added.
In 2025, Tay Ninh’s economy maintained strong growth momentum, with gross regional domestic product (GRDP) expanding by 9.52%, ranking eighth among 34 provinces and cities nationwide. The province’s economic scale stood ninth nationally, placing it among the top 10 contributors to overall national economic growth. Industry, trade and services, together with investment, continued to act as the main engines of expansion.
Investment attraction recorded several highlights, with newly licensed and adjusted foreign direct investment reaching 1.7 billion USD - the highest level ever recorded. Additional domestic investment totalled 76.2 trillion VND (approximately 2.9 billion USD). The province also saw the establishment of more than 5,200 new enterprises, with combined registered capital exceeding 40.6 trillion VND, further reinforcing business confidence in the local operating environment.
To date, Tay Ninh is home to more than 33,500 registered enterprises with total capital exceeding 933 trillion VND; 3,127 domestic investment projects worth over 719.5 trillion VND; and 1,979 foreign direct investment projects with registered capital of 24.67 billion USD. Notably, 16 large enterprises based in the province were ranked among the country’s leading companies in 2025, reflecting the increasingly solid development of the local business sector.
Son noted that these results are particularly significant as Vietnam accelerates administrative reorganisation, institutional reform and the formation of large-scale economic regions - developments that place growing demands on local governance quality, regional connectivity and the ability to create a competitive investment environment. In practice, Tay Ninh has been gradually expanding its development space, better leveraging its comparative advantages and shaping its role as an important investment destination in the southern region, with increasingly clear growth drivers.
Looking ahead to 2026, Tay Ninh aims to further capitalise on its strategic geo-economic position along the East-West economic corridor, while developing a renewable energy ecosystem, accelerating administrative reform, and enhancing transparency and the quality of services for businesses. On this basis, the province seeks to build a competitive investment environment, thereby strengthening its position within the regional development structure and on the national investment attraction map, he said./.
