An attractive destination for investment capital.
On December 19th, Quang Ninh province simultaneously commenced construction on 26 projects and works with a total investment of 383,800 billion VND across various sectors such as transportation infrastructure, industry, trade, services, urban development, social housing, education , and healthcare. Notable among these are the Van Don High-End Complex Tourism Service Area with a total investment of 51,000 billion VND; the Globe Ha Long Park in Tuan Chau with 5,380 billion VND; and two coastal roads along Cua Luc Bay with a total investment of 5,115 billion VND…
The simultaneous commencement of these large-scale projects demonstrates Quang Ninh 's strong breakthrough in attracting and realizing investment resources, contributing to promoting socio-economic development, completing a modern infrastructure system, and creating new growth momentum for the entire region. This is not only the result of strategic vision in planning and investment attraction, but also reflects the growing confidence of the business community and investors in the province's investment environment.
Over the years, Quang Ninh province has proactively implemented a comprehensive set of solutions to create a transparent, open, and efficient investment environment. With the perspective that "the success of businesses and investors is also the success of Quang Ninh province," the province has consistently created a transparent, favorable, and efficient investment environment, especially by always supporting and resolving difficulties and obstacles for investors so that projects can be implemented as quickly and effectively as possible.
Thanks to these efforts, in 2024 Quang Ninh ranked second among provinces and cities with the best governance quality. In 2024, Quang Ninh ranked fourth among provinces and cities in the Public Administration Reform Index (PAR Index). The Satisfaction Index of Citizens with the Services of State Administrative Agencies (SIPAS) also ranked fourth among provinces and cities in 2024.
Thanks to a favorable investment environment and transparent, efficient, and streamlined administration, in the first 11 months of 2025, the total foreign investment attracted from the state budget reached over 240,000 billion VND, 7.9 times higher than in 2024. This includes 100 new projects with a total registered investment capital of approximately 185,000 billion VND, and 221 adjusted projects with a total increased investment capital of nearly 56,000 billion VND. According to the plan, in December, the province will continue to finalize the investment policy appraisal procedures for many key projects with an estimated total investment attraction of approximately 263,053 billion VND. Thus, it is estimated that for the whole year, Quang Ninh will attract over 500,000 billion VND, 16.74 times higher than in 2024. This result will contribute significantly to the province's growth target in 2025.
Notably, investment capital in Quang Ninh in 2025 will not only increase significantly in scale but also shift noticeably towards high value-added sectors such as modern urban development, high-end tourism and services, renewable energy, processing and manufacturing industries, logistics, and industrial park infrastructure. These capital flows are in line with the province's economic restructuring strategy and contribute to shaping a development model based on clean industries, marine economy, and high-quality services, creating a foundation for sustainable growth.
One of the main highlights is the Quang Yen Coastal Economic Zone (SEZ), covering over 13,300 hectares. To date, in addition to the five existing industrial parks (IPs) – Dong Mai, Song Khoai, Nam Tien Phong, Bac Tien Phong, and Bach Dang – the Quang Yen Coastal Economic Zone has attracted 24 new projects, with a registered area of over 137 hectares. Of these, 23 are FDI projects with a total capital of nearly US$1.34 billion and one is a domestic project with a total capital of approximately VND 741 billion. A number of large international corporations such as Foxconn, IKO Thompson, Tenma, Yaskawa, etc., have chosen to establish their presence in this area.
Mr. Bruno Jaspaert, General Director of DEEP C Industrial Park Complex, said: “Quang Ninh province is becoming known to many European investors thanks to its advantages related to logistics and geographical location. This is not a natural achievement, but the result of a long-term strategy, a long-term vision, practical experience in industrial park and logistics development, and many preferential policies that the province can offer to investors. To date, our industrial park complex has attracted nearly 6 billion USD in investment capital, with many secondary projects already in operation. In the future, DEEP C will connect Lach Huyen Port (Hai Phong) and the port cluster of the two DEEP C industrial parks in Quang Ninh. In addition, we are striving to develop our current investor portfolio.”
Furthermore, the Van Don Economic Zone is asserting its role as a new growth pole, envisioned to become a center for industry, entertainment with casinos, and high-end tourism in Quang Ninh province. After years of investment, promotion, and attracting strategic investors, the Van Don Economic Zone has undergone a significant transformation. Basic technical and service infrastructure is complete, creating a solid foundation for long-term development. Currently, it has attracted more than 60 non-budgetary projects with a total registered capital of approximately 63,000 billion VND.
Among these is the High-End Integrated Tourism Service Complex Project, invested by Van Don Sun Group Joint Stock Company, with a total investment of over 2 billion USD. The project covers a total area of 244.45 hectares and is planned to build a super-complex of high-end entertainment and resort tourism (a pilot project for Vietnamese citizens) with main activities including: casino business, tourism, hotels, resorts, condotels and commercial townhouses, shopping malls, offices, conference and seminar centers, sports facilities, entertainment and high-quality healthcare services…
When officially entering the construction phase, the mega casino complex in Van Don is expected to become a new growth engine for the Van Don Economic Zone, contributing to the realization of the goal of making Quang Ninh a dynamic and comprehensive development center, an international tourism center, a maritime economic center, and a gateway to the Northern Key Economic Region and the whole country, according to the Quang Ninh provincial planning for the period 2021-2030 with a vision to 2050.
Towards a sustainable development model
Based on calculations of each growth factor, Quang Ninh province has determined that it needs to promote and attract investment. Accordingly, the province has focused on innovating thinking and methods, making breakthroughs in mechanisms and policies; consolidating and renewing traditional growth drivers, such as public and private investment; and promoting investment attraction in science and technology, innovation, digital transformation, the digital economy, the marine economy, and emerging sectors.
To facilitate and promote investment attraction, the province is accelerating administrative reforms, improving the investment and business environment; building a comprehensive, interconnected, synchronized, and modern digital and information technology infrastructure; cooperating in building data capacity, applying artificial intelligence, and implementing goal-oriented public administration based on technology and digital platforms… Mr. Innui Shinichiro, General Manager of Aeon Mall Ha Long, said that during the project implementation, the unit received active support from the leaders of Quang Ninh province and relevant departments and agencies. This collaboration has helped simplify administrative procedures, expedite the licensing process, and resolve many technical obstacles, creating favorable conditions for the project to be implemented on schedule. Currently, the unit is working closely with construction partners, applying international standards in construction management, labor safety, and quality control to ensure the highest quality of the project and completion on schedule, so that the shopping center can be put into operation as soon as possible.
In fact, over the past period, Quang Ninh province has continuously innovated its investment attraction efforts. Investment promotion programs have been specifically developed to diversify investment promotion activities and focus on attracting foreign investment in key areas. The province also focuses on attracting investment from large global economic groups that have the potential to attract many satellite manufacturing businesses, creating a global value chain.
Since the beginning of the year, the Provincial People's Committee and its departments and agencies have received and worked with over 60 delegations of foreign investors and international organizations who came to learn about the investment environment and research cooperation opportunities in the province. The province and its specialized agencies have also proactively connected and worked with many foreign diplomatic representative offices in Vietnam and international organizations to exchange and cooperate on investment promotion with many large investors, such as TCL Technology Group; Dich An Group, Pacific Construction Group…
In particular, in November 2025, the province worked with a delegation from the Korean Chamber of Commerce in Vietnam (Kocham) to explore investment opportunities in Quang Ninh. During this visit, Korean businesses expressed interest in researching investment in several sectors such as industry, industrial parks, and other projects with potential that align with the province's development; and in cooperating to develop air routes to stimulate tourism…
In November 2025, the province organized the Conference on Investment Promotion for Science, Technology, Innovation, and Digital Transformation. This was a significant event attracting over 450 delegates from government agencies, international organizations, and domestic and foreign businesses. At the event, the Chairman of the Provincial People's Committee, Bui Van Khang, also expressed the province's commitment to accompanying and supporting businesses and investors in implementing science and technology projects, from building digital infrastructure to developing technology applications in key industries.
Based on a development orientation centered on science, technology, and innovation, Quang Ninh prioritizes allocating resources to investment projects with high technological content and high added value. The province prioritizes investment projects in industrial parks and economic zones, and projects in the processing and manufacturing industries that utilize advanced, new, high-tech, clean (green) technologies, modern management, are large-scale, have high added value and spillover effects, and connect with global production and supply chains.
In particular, Quang Ninh's coastal economic zones and border gate economic zone system are oriented towards in-depth development, with three main pillars: border trade, commercial and tourism services, and seaports and logistics. The province has adopted the policy of "public investment leading private investment," utilizing the budget to build strategic infrastructure projects such as expressways and border city centers. This creates a solid foundation for attracting investment in areas such as industrial parks, warehouses, bonded warehouses, and border gate services.
In particular, the province will develop supporting industries and form industrial clusters. For projects already in operation, the province will support businesses in maintaining maximum capacity, promoting and diversifying export markets; for new projects that will start producing goods in 2025, the province will closely monitor businesses, support them in adding more products to the market, and increase capacity and output. At the same time, Quang Ninh province is proposing more specific mechanisms and policies for economic zones and industrial parks to create outstanding advantages and increase the attractiveness for new FDI flows.
Quang Ninh will continue to make breakthroughs in attracting investment, mobilizing all resources for development and perfecting a synchronous and modern socio-economic infrastructure system, focusing on mobilizing idle resources from the population to promote investment in production and business. In addition, it will strengthen regional linkages, expand and restructure the economic development space to suit the new administrative system... Currently, the province continues to direct long-term strategic planning. A series of planning tasks are being implemented such as: the general planning of the Quang Yen coastal economic zone until 2050; the planning of the Bac Phong Sinh border gate economic zone until 2045; reviewing and adjusting the general planning of the Hoanh Mo - Dong Van economic zone; and implementing 22 sub-area planning projects in the Mong Cai border gate economic zone (of which 19 projects have been completed and the remaining one is underway).
Building upon its existing foundations, Quang Ninh aims to develop a system of green, modern, and efficient economic zones and industrial parks, serving as a driving force for rapid and sustainable economic development, while simultaneously improving the quality of life for its people.
The impressive results in attracting investment, developing infrastructure, and transforming the growth model are the foundation for Quang Ninh to continue its strong breakthroughs in the new phase, aiming for rapid, comprehensive, and sustainable development, worthy of being a dynamic center of the Northeast region and the whole country.
Source: https://baoquangninh.vn/but-pha-trong-thu-hut-dau-tu-3389690.html
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