Industrial breakthrough - the driving force of economic growth.

Industry and construction play a leading role in driving growth.

2025 – the final year of the term and also the first year the province implements tasks after operating the two-tiered local government model. Despite facing many difficulties and challenges, with the efforts of the entire political system, the province's economy maintains positive development momentum.

According to provincial statistics, the province's economic growth rate in 2025 is estimated at 9.52%, ranking second in the Southeast region and eighth nationwide. The economic structure is shifting in the right direction, with industry and construction continuing to be the driving force of growth.

Within the province's overall growth, the industrial and construction sector increased by 12.47%, contributing 5.99 percentage points; accounting for 50.2% of the province's economy. Notably, the province's industrial production index consistently maintained double-digit growth.

In the fourth quarter alone, the industrial production index (IIP) increased by 14.74%. The province's IIP growth rate demonstrates a strong recovery in industrial production and the ability to adapt to economic fluctuations, affirming that industry is a crucial pillar and driving force behind the province's economic growth.

Industry and construction grew by 12.47%, becoming the driving force behind the province's economic growth.

According to the Chief of Statistics of the province, Vo Thanh Sang, industrial and construction investment activities in the province will continue to develop stably in 2025. The industrial sector in the fourth quarter showed a better recovery than the third quarter, reaching a growth rate of 13.14%; the estimated growth for the whole year is 13.03%. Contributing to the sector's growth are a stable macroeconomic environment, flexible management, recovery of orders in many sectors, and many businesses boosting production for year-end orders.

Specifically, the textile industry is estimated to grow by 15.41%; the garment manufacturing industry by 23.95%; the leather and related products manufacturing industry by 14.69%; the prefabricated metal products manufacturing industry by 36.27%; and the beverage manufacturing industry by 32.09%.

In addition, the construction sector also achieved a fairly impressive growth rate, estimated at 7.90% for the whole year. The growth of the construction sector mainly came from the construction of various types of buildings such as the Suntory Pepsico Long An project, the construction of 4 factories in the Thien Loc Thanh Industrial Cluster, the Thai Tuan Textile Finishing Plant, the Xupai Power Vietnam Battery Factory, the Unitex Synthetic Fiber Factory, the Unitex Finished Fabric Factory, the JJL Global Garment Factory; and the implementation of the Prodezi Industrial Park, the Hau Nghia - Duc Hoa New Urban Area, and the Thanh Phu Commune Eco-commercial and Tourism Urban Area, etc.

Mr. Vo Thanh Sang also stated that, although Sector II has high growth rates, it faces many challenges such as some businesses in the province still being affected by international supply chains, fluctuating raw material prices, increased logistics costs, and risks from international trade policies.

In the process of disbursing public investment funds, after the merger, adjustments to mechanisms, changes in investors, revisions to documents, along with unfavorable weather conditions and shortages of raw materials, have affected the progress of public investment fund disbursement, impacting the growth of the construction industry.

This requires the province to continue implementing policies to boost investment attraction, support and accompany businesses, and be more decisive in disbursing public investment capital to truly drive industrial and construction growth, continuing to be the driving force for achieving double-digit growth targets in 2026.

Industry and construction grew by 12.17%, becoming the driving force behind the province's economic growth.

Boosting investment attraction to drive industrial breakthroughs.

According to Truong Thanh Liem, Head of the Provincial Economic Zone Management Board, the merger has opened up vast development opportunities for Tay Ninh, covering an area of over 8,536 ^km² and with a population of over 3.25 million people. The province has nearly 369 km of border, serving as a gateway for trade between Vietnam and Cambodia, and holds a strategic position as a gateway to the Southwest Region and Ho Chi Minh City.

Currently, the province has 3 economic zones with a total area of over 68,000 hectares, 4 international border gates, 4 main border gates, 13 sub-border gates, and 48 industrial parks with a total area of over 14,826 hectares.

Currently, 32 industrial parks have met the investment acceptance requirements, with an occupancy rate of over 73%, attracting 2,571 projects, creating jobs for nearly 400,000 workers, and contributing more than 30% of the province's total budget revenue.

In recent times, with solutions to boost investment promotion and improve the investment environment, the province continues to be a bright spot in attracting investment, with numerous domestic and foreign businesses investing in the province.

From the beginning of 2025 to the present, the province's industrial parks have attracted 236 investment projects; including 162 FDI projects and 74 domestic projects with a total newly registered investment capital of over 843 million USD and over 18,805 billion VND. Compared to the same period in 2024, the number of new projects increased by 82 projects; FDI investment increased by nearly 550 million USD, and domestic investment increased by over 16,821 billion VND.

To date, the province has approximately 38,000 registered businesses with a total registered capital of over 918,000 billion VND, including about 3,100 domestic direct investment (DDI) projects with a registered capital of over 693,000 billion VND and more than 1,900 foreign direct investment (FDI) projects with a registered capital of approximately 24.4 billion USD.

Many large-scale projects have chosen Tay Ninh province as their investment destination.

However, despite owning over 68,000 hectares of land in economic zones such as Moc Bai, Xa Mat, and Long An, the exploitation efficiency is still not commensurate with the potential and advantages. Infrastructure has not been invested in synchronously, especially the system of ports and logistics services, so the province's economic zones have only attracted 2 industrial parks and 62 projects.

For the 48 established industrial parks covering an area of 14,826 hectares, the overall occupancy rate is only about 47%, with most projects being small-scale, lacking technological innovation, and failing to develop green, ecological, and circular industrial park models.

According to Mr. Truong Thanh Liem, with the perspective of supporting businesses, "industry leads the way, paving the path for trade, services, and urban development; every day that a factory is delayed in operation means hundreds or thousands of people remain unemployed," in the coming time, the Economic Zone Management Board aims to focus on developing the economic zone according to a multi-functional model linked to border trade and logistics; investing in the synchronous infrastructure of border gates and duty-free zones; improving the quality of logistics services and terminals; attracting deep processing industries, international trade, and goods distribution centers; promoting regional linkages and connections with the Cambodian - ASEAN market.

At the same time, priority should be given to developing eco-industrial parks, green industrial parks, circular industrial parks, and high-tech industrial parks along key development axes such as Ho Chi Minh City's Ring Road 3, Ho Chi Minh City's Ring Road 4, Provincial Road 827E, and the Ho Chi Minh City - Moc Bai expressway, etc. Priority should also be given to developing industrial parks in disadvantaged areas with potential to attract businesses.

Tay Ninh province has great potential and advantages to attract projects, enabling strong industrial breakthroughs in 2026 and the 2026-2030 period.

In particular, in 2025, many industrial parks in the province commenced construction and are currently developing infrastructure, with the potential to become operational in the 2026-2030 period, including Tandoland Industrial Park (250ha), Thu Thua Industrial Park (over 170ha), Binh Hoa Nam 1 Industrial Park (over 322ha), Xuyen A Industrial Park Phase 3 (over 177ha), Prodezi Industrial Park (400ha), Hiep Thanh Industrial Park (over 495ha), etc.

In addition, major industrial projects currently under investment, planned for investment, and expected to become operational during the 2026-2030 period will contribute to strong industrial growth. These include the LNG Thermal Power Plant project with a total investment of over US$3.1 billion; the Thai Tuan Textile Finishing Plant with a total investment of VND 12,800 billion, expected to be operational in 2027; the Coca-Cola Vietnam Beverage Company Limited branch with a total investment of over US$136 million; and the Suntory PepsiCo Long An project with a total investment of over US$196 million. These projects will contribute to a strong industrial breakthrough, affirming the province's role as a pillar of the economy and becoming the main growth driver for the province in 2026 and the 2026-2030 period, leading to rapid and sustainable development.

Kien Dinh

Source: https://baolongan.vn/but-pha-cong-nghiep-dong-luc-tang-truong-kinh-te-a208542.html