Hung Yen promotes investment attraction from Japan

A large number of Japanese enterprises participate in the investment promotion conference of Hung Yen province.

The conference drew the attendance of representatives of the Vietnamese Embassy in Japan, leaders of a number of departments and branches of Hung Yen province, investors in the infrastructure of Thang Long II Industrial Park, and a lot of Japanese and Vietnamese enterprises.

Vietnam-Japan relations at their best

In his opening speech at the conference, Vice Chairman of the Provincial People's Committee Nguyen Hung Nam affirmed that after more than 50 years of establishing diplomatic relations, Vietnam and Japan have become comprehensive strategic partners, with the extensive and effective cooperation in many fields.

Comrade Nguyen Hung Nam, Vice Chairman of the Provincial People's Committee, speaks at the conference.

By the end of July 2025, Japan has had 5,608 valid FDI projects in Vietnam with a total registered capital of 79.4 billion USD. Japan continues to consider Vietnam an attractive and safe destination, especially in the fields of processing, manufacturing, electronics and renewable energy. This is an important foundation for Hung Yen to promote attracting high-quality investment resources from Japan.

Hung Yen after merger: New development space

The Vice Chairman of the Provincial People's Committee said: From July 1, 2025, Hung Yen is reorganized on the basis of merging the two former provinces of Hung Yen and Thai Binh. The new Hung Yen province covers an area of ​​over 2,500 km², with a population of over 3.2 million people, creating more room for industrial, urban, service and infrastructure development.

In the first 9 months of 2025, the province's GRDP growth reached 8.01% over the same period; industrial production value increased by 10.49%; the province's total state budget revenue attained 128.3% of the estimate. The whole province has attracted 276 new domestic and foreign investment projects with a total capital of over 7 billion USD. These results show that Hung Yen is becoming a destination of interest to the investor community.

Synchronous infrastructure, connecting the Northern industrial center

Regarding the potential and strengths of the province's industrial development, Vice Chairman of the Provincial People's Committee Nguyen Hung Nam said: Hung Yen is adjacent to Hanoi capital, conveniently connecting to Hai Phong city and Quang Ninh province, creating conditions for access to seaports, international airports, and a large network of industrial parks in the North.

The province plans an economic zone of 30,583 hectares, including 22 industrial parks with about 8,020 hectares and 43 other industrial parks with more than 13,526 hectares. To date, 18 industrial parks have been established and put into operation, nearly 1,000 hectares of cleared land are ready for new projects.

Notably, Thang Long II Industrial Park, invested in by Sumitomo Corporation (Japan), has attracted 152 FDI projects from Japan, with a total registered capital of nearly 3.8 billion USD, creating a strong industrial ecosystem for Japanese enterprises in Hung Yen.

Social infrastructure such as expert housing, worker housing, new urban areas, commercial and educational service systems have received investment attention, creating a good living and working environment for workers and experts.

Comrade Nguyen Sau, Ambassador of the Embassy of Vietnam in Japan, speaks at the conference.

Dr. Kunihiko Hirabayashi, Secretary General of the ASEAN-Japan Center (AJC) speaks at the conference.

Japan is the number one investor in Hung Yen

To date, there are 3,957 valid projects in Hung Yen with a total registered capital of nearly 43 billion USD. Of which, 916 FDI projects account for nearly 16.7 billion USD. Japan leads in the number of projects and investment capital, with 190 projects with a total capital of nearly 6.4 billion USD.

Hung Yen province has identified the priority goal of attracting high-tech projects, electronics, semiconductor, clean and energy-saving industries, aiming at the requirement of developing green industry and implementing the commitment to zero net emissions by 2050.

Commitment to creating the most favorable investment environment

Hung Yen continuously improves the investment environment, promotes administrative reform, and aims for a service-oriented government. In 2024, the province's PCI ranked the 10th out of 63 provinces and cities; with the leading group nationwide in the PAR Index, PAPI and SIPAS.

During the discussion session at the investment promotion conference, Japanese enterprises highly appreciated Hung Yen's potential, at the same time shared experiences and proposed support to increase investment efficiency.

In his closing speech, Mr. Nguyen Hung Nam, Vice Chairman of the Provincial People's Committee, affirmed: The success of investors is the prosperity of the province. Hung Yen will always listen to, remove difficulties, ensure a safe, transparent, stable and competitive investment environment within the framework of Vietnamese law.

The delegation witnesses the signing of the MOU between Thang Long II Industrial Park Co., Ltd. and SANYO DENKI Company.

Mr. Nguyen Hung Nam, Vice Chairman of the Provincial People's Committee and the delegation congratulate Thang Long II Industrial Park Co., Ltd. and SANYO DENKI Company on signing the MOU on investment cooperation.

Expecting high-quality capital flows from Japan

Comrade Nguyen Hung Nam, Vice Chairman of the Provincial People's Committee, highlighted: Hung Yen is paying attention to developing green industry associated with environmental protection, focusing on attracting investment in such areas as high technology, electronics industry, semiconductors, clean industry, energy saving and environmental friendliness.

The province wishes to soon accompany Japanese enterprises in implementing large-scale projects with modern technology, contributing to improving production capacity, creating jobs and boosting sustainable growth of the locality in the new period.

Many positive signals show that Japanese investors continue to place their trust and expectations on Hung Yen province in its strategy of expanding production in Vietnam.