To attract investment capital into industrial parks

The construction of MitraStar Vietnam Factory in Thang Long II Industrial Park started.

Since the beginning of the year, the Provincial Industrial Parks Management Board has proactively reviewed and removed bottlenecks in planning, investment procedures and infrastructure construction. In the past 7 months, the unit has coordinated to establish and submit for approval of the construction zoning plan for nine new IPs. Of which, four industrial parks have had their 1/2000 scale plans approved; other three industrial parks are completing their documents and the remaining two industrial parks are in the survey stage. The Management Board has also increased support for infrastructure investors to accelerate site clearance and build technical infrastructure according to the approved schedule and planning. As a result, by the end of July, the infrastructure area built in the industrial parks reached 112.68 hectares, completing 75% of the yearly plan. Mr. Kenta Kawanabe, General Director of Sumitomo Corporation (the infrastructure investor of Thang Long II Industrial Park) said: Thanks to the active support of the provincial government, including the Provincial Industrial Park Management Board, the site clearance work has been carried out smoothly (100% of the industrial park land area has been cleared and handed over), helping us invest in building synchronous technical infrastructure and attracting secondary investment projects in a timely manner. To date, the Industrial Park has received 116 projects with a total registered investment capital of more than 700 billion VND and more than 3.7 billion USD.

In order to support investors in conducting projects, in recent times, the Provincial Industrial Park Management Board has maintained the implementation of the "one-stop" mechanism, investment procedures, construction licensing, environmental registration... are processed quickly, transparently, and in accordance with regulations. The Board regularly receives feedback from businesses through many channels to promptly resolve difficulties in the process of project implementation. To direct and urge infrastructure investors to synchronously invest in infrastructure, especially the industrial park’s wastewater treatment system. Ms. Pham Thi Phuong, Director of the Thai Ha Garment Factory Branch of Garment Corporation 10 (Gia Le Industrial Park) said: With favorable investment procedures, after just over one year, we have completed the investment in a new factory project in Gia Le Industrial Park with an area of ​​1.2 hectares, a design capacity of 10 million products/year, and a total investment of more than 300 billion VND. This is a factory producing men's and women's fashion shirts for export with modern technology and machinery, contributing to helping Thai Ha Garment Factory improve product quality and boost exports in the coming time.

Thanks to the efforts to improve the investment environment in a systematic, substantial and comprehensive manner by the Provincial Industrial Park Management Board, investment attraction activities in industrial parks in the first 7 months of 2025 have recorded encouraging results. The total attracted investment capital reached about 840 million USD, equivalent to 84% of the annual plan. The Management Board has received 67 new investment projects, including 35 FDI ​​projects and 32 DDI projects. Along with that, there are 35 projects with increased capital, including both domestic and foreign enterprises. The investment capital flow is clearly shifting in quality, focusing on high technology, supporting industries, electrical and electronic equipment, green products and energy saving.

The prime location and synchronous infrastructure of Industrial Park No. 5 attract domestic and foreign investors to cooperate and develop.

The production and business activities in the industrial parks have developed strongly. In 7 months, 31 more projects came into operation, bringing the total number of projects in production and business to 519 projects. The total investment capital reached 11,700 billion VND; enterprises created about 1,500 new jobs, bringing the total number of workers in the industrial parks to about 85,000 people. Revenue of enterprises in the industrial park is estimated at 4.2 billion USD, export turnover is 2.2 billion USD, domestic budget contribution is estimated at 2,200 billion VND. These figures are clear evidence of the effectiveness of improving the investment environment - a strategic factor to "retain" and attract investors in the long term. Mr. Vu Quoc Nghi, Head of the Management Board of Industrial Parks of Hung Yen province said: In the past 7 months, we have organized 40 investment supervision sessions for secondary projects, thereby closely monitoring progress, promptly detecting problems and recommending policy adjustments suitable to reality. The solutions to support enterprises are also flexibly implemented, from supporting legal procedures, environment, land to connecting laborers and market information. All are aimed at one goal: creating the most favorable, stable, safe and attractive investment environment for business development.

The electrical equipment manufacturing project of Woonyoung Vina Co., Ltd. has just come into operation in the Clean Industrial Park.

The proactive improvement of the investment and business environment by the Provincial Industrial Park Management Board is the key to open up new development space for the industrial sector. With a sense of responsibility, innovation and openness, the Provincial Industrial Park Management Board is contributing to affirming Hung Yen as a green - clean - effective and attractive investment destination in the Northern region for investors.