Business

Vinh Phuc’s industrial parks remain attractive to investors

Although the complicated developments of the COVID-19 pandemic made the number of newly-established businesses during January-September in Vinh Phuc not high, the amount of registered investment in the northern province increased significantly compared to the same period last year.
Vinh Phuc’s industrial parks remain attractive to investors ảnh 1The factory of the Ohashi Tekko Vietnam company in Binh Xuyen Industrial Park of Vinh Phuc province (Photo: VNA)
Vinh Phuc (VNA) - Although the complicated developments of theCOVID-19 pandemic made the number of newly-established businesses duringJanuary-September in Vinh Phuc not high, the amount of registered investment inthe northern province increased significantly compared to the same period lastyear.

In Vinh Phuc, Binh Xuyen district is considered an attractivedestination for investors with more and more projects being put into productionat industrial parks in the locality.

According to a report of the Vinh Phuc Industrial Park Management Board, by theend of September, Vinh Phuc province had granted investment licenses to 10 newdomestic direct investment (DDI) projects and adjusted to increase capital for two DDI projects, with a total registered investment of over 5 trillion VND (219million USD), equal to 108 percent of the set plan.

Also in the period, the province granted licenses to 24 new foreigndirect investment (FDI) projects and adjusted to increase capital for 19projects, with a total registered capital of 928.9 million USD, equivalent to99 percent of the plan.

As of September 15, there were 404 valid investmentprojects, including 75 DDI ones totaling 19.4 trillion VND and 329 FDI ones totaling5.37 billion USD.

In recent years, Binh Xuyen has been among the mostattractive destinations.

Notably, the 287-ha Binh Xuyen industrial park with moderntechnical infrastructure has attracted the biggest numbers of projects and investmentsin the province. As of September 30, this industrial park had attracted 122projects, including 84 FDI projects totalling over 1.27 billion USD, and 38 DDIones totaling 3.79 trillion VND.  Theoccupancy rate had reached 92 percent.

As Vinh Phuc is currently working on the dual goals offighting the pandemic and developing the economy, most of FDI enterprises overcomedifficulties and strive to maintain stable production and business activities.In the last quarter of the year, Vinh Phuc strives to attract from five toeight new FDI projects with a registered capital of about 30-40 million USD and three new DDI projects with a total registered capital of about 270 billion VND./.
VNA
#Vinh Phuc #newly-established businesses #industrial parks #investment attraction #domestic direct investment #foreign direct investment #FDI #Binh Xuyen industrial park #updated Vietnam news #Vietnamplus #Vietnam News Agency Vinh Phuc
Follow VietnamPlus

Related News

See more

Delegates at the opening ceremony of the Made in Da Nang Expo 2026 (Photo: VNA)

Nearly 300 firms join Made in Da Nang Expo 2026

Speaking at the opening ceremony, Vice Chairman of the Da Nang People’s Committee Tran Chi Cuong said the exhibition is a large-scale trade promotion event aimed at showcasing products, connecting markets, and helping businesses enhance competitiveness while expanding domestic and export markets.

Green production, standardised value chains key to fruit, vegetable sector growth

Green production, standardised value chains key to fruit, vegetable sector growth

Facing mounting pressure from increasingly stringent domestic and international standards, Vietnam’s fruit and vegetable sector is accelerating its shift toward green, safe, and sustainable production models. Beyond changing farming practices, localities and businesses are stepping up efforts to standardise value chains and build brands to achieve growth targets for 2026.

The launch of the Vietnam National Brand Week 2026 on April 16 (Photo: VNA)

Vietnam National Brand Week 2026 opens

Running from April 16 to 23 nationwide, the Vietnam National Brand Week 2026 marks the 18th anniversary of Vietnam Brand Day (April 20, 2008 – 2026).

Ca Mau is currently home to more than 5,200 fishing vessels, including nearly 1,900 boats measuring over 15 metres in length, and all have been equipped with vessel monitoring systems. (Illustrative photo: VNA)

Ca Mau drives changes among fishermen to tackle IUU fishing

Ca Mau is stepping up communication campaigns to disseminate legal regulations on IUU fishing, highlight recent enforcement results, and convey recommendations from the European Commission (EC)’s fifth inspection mission to fishing communities and relevant stakeholders.

The new infrastructure system will not only meet immediate needs but also create new growth poles, helping reshape the economic landscape. (Photo: VNA)

Construction sector striving for high-growth target

The construction sector faces mounting pressure to keep major projects on schedule while managing costs and stabilising markets. Yet, with gains from institutional reform, infrastructure investment, and growth model transformation, it remains well positioned to serve as a key growth engine.

Fuel taxes are slashed to 0% from April 16 under a National Assembly resolution. (Illustrative photo: VNA)

Fuel taxes cut to 0% from April 16

Accordingly, the environmental protection tax on petrol (excluding ethanol), diesel, kerosene, mazut, and aviation fuel has been cut to 0 VND per litre. These products are also exempt from VAT declaration and payment, while still eligible for input VAT credit.