Tay Ninh (VNA) – With a strong industrial foundation and modern, well-planned infrastructure, Tay Ninh province is emerging as a bright spot in attracting investment and is poised to become an economic gateway and urban-industrial corridor in southern Vietnam.
Truong Thanh Liem, head of the Tay Ninh Economic Zone Authority, said the province will support investors by expediting administrative procedures, accelerating the completion of industrial zone infrastructure, and ensuring the availability of clean land and a transparent investment environment to attract businesses in the new development phase.
According to Truong Van Liep, Director of the provincial Department of Finance, the province will capitalise on the combined socio-economic strengths of the former Long An and Tay Ninh provinces, fostering a balanced and multi-sector development model. The new Tay Ninh is strategically positioned to maximise its geo-economic advantages to accelerate rapid and sustainable growth, promote industrialisation and modernisation, and drive progress through science, technology, innovation, and digital transformation.
The province will also adopt flexible investment attraction mechanisms, leveraging the strengths of both former localities. It plans to develop modern border-gate economic zones and industrial parks to draw foreign direct investment (FDI), especially from global corporations with advanced technologies and strong brand reputations. These investors are expected to serve as anchors for the development of supporting industries and sustainable value chains.
Notably, Tay Ninh will enhance its infrastructure and logistics connectivity by investing in the expansion and completion of key transportation routes and establishing inter-regional logistics centres, particularly in areas bordering Ho Chi Minh City and the Moc Bai international border gate.
In addition, the province will continue to implement administrative reforms and strengthen dialogue with businesses to promptly identify and address challenges, thereby supporting enterprises in expanding production and business.
In the first half of 2025, data from the two localities prior to their merger showed impressive investment results. The former Long An province attracted 43 new domestic projects with total registered capital exceeding 9.3 trillion VND (354.62 million USD), an increase of 6.5 trillion VND year-on-year. Additionally, 22 projects increased their capital by nearly 3.1 trillion VND. In terms of FDI, Long An licensed 76 new projects with total registered capital of nearly 252 million USD and approved capital increases for 59 others totaling almost 210 million USD.
Meanwhile, the former Tay Ninh province recorded 34 new domestic investment projects and 11 FDI projects, with combined capital exceeding 6.3 trillion VND and nearly 416 million USD, respectively. Following the merger, the new Tay Ninh province is now home to more than 1,900 FDI projects worth over 23.5 billion USD - an impressive figure in Vietnam’s FDI landscape.
One of Tay Ninh’s key advantages lies in its expansive and growing network of industrial parks and clusters. According to Liem, the province currently has 46 industrial parks covering nearly 14,000 hectares. Among them, 28 parks spanning nearly 8,000 hectares have completed infrastructure and are ready to receive investors; four others with nearly 2,300 hectares are fully eligible for investment; and 14 others - spanning more than 3,700 hectares - are undergoing land clearance and infrastructure development.
Under master plans previously approved by the Prime Minister for Long An and Tay Ninh, the total industrial land area is expected to exceed 24,500 hectares by 2030. This vast area provides a strategic advantage in attracting large-scale projects. Key industrial parks stretch from Phuoc Dong, Thanh Thanh Cong, and Trang Bang in the north to Long Hau, Phu An Thanh, Tan Duc, and Hai Son in the south, forming an interconnected network that strongly appeals to investors from the Republic of Korea, Japan, China, and Europe./.
