A destination for investors.

Cam Khe Industrial Park has been invested with complete technical infrastructure, attracting many secondary investors.

Proactively attract investment.

With many synchronized and decisive solutions in improving the investment and business environment and enhancing competitiveness, especially closely adhering to the requirements and orientations for attracting domestic and foreign investment as stipulated in Resolution No. 61-NQ/TU dated October 13, 2021, of the Provincial Party Committee on strongly improving the investment and business environment, Phu Tho has achieved many positive results in socio-economic development, particularly in attracting investment. In the period 2021-2024 alone, Phu Tho attracted and added capital to 386 private investment projects (DDI) with a registered capital of VND 66,500 billion and 104 foreign direct investment (FDI) projects with a registered capital of USD 1.7 billion. Specifically, the province issued investment registration certificates for 294 new domestic direct investment (DDI) projects with a registered capital of VND 57,300 billion and 42 new foreign direct investment (FDI) projects with a registered capital of USD 1,120.1 million.

The projects attracted to the province in the first three months of 2025 are increasingly of high quality, including two projects with investment capital exceeding 1 million USD: the project to manufacture metal parts and components for computers, communication equipment and consumer electronics by PUT Technologies Vietnam Co., Ltd. (Hong Kong) in Phu Ha Industrial Park, with an investment of 4 million USD; and the project to build the TAIMAI Veterinary Pharmaceutical Factory (Australia) in Van Xuan Industrial Cluster, with an investment of 1.97 million USD. In total, in the first three months of 2025, the province attracted 7 new domestic projects with registered capital of 295.5 billion VND; and 5 FDI projects with registered capital of 7.86 million USD.

Mr. KS, Deputy Director of Innovation Future Vietnam Co., Ltd. and Vice President of Innovation Group (Hong Kong - China), stated: “Before investing in Vietnam, Innovation had three factories in Hong Kong (China), and Phu Tho province was chosen by the Group to implement projects producing Bluetooth wireless headphones and headphone components for the Group's electronic equipment production and supply chain. Starting construction of the factory in Phu Ha Industrial Park in 2020, Innovation Future Vietnam now has three factories in Phu Ha Industrial Park with a total investment of over $36 million and is continuing to invest in a fourth factory specializing in camera production, also in Phu Ha Industrial Park. Besides the guaranteed industrial park infrastructure, one of the reasons the Group decided to invest in Phu Tho is the effective support from the local government.”

As a subsidiary of Vietnam Sunergy Joint Stock Company (VSUN SOLAR), Vietnam Sunergy Cell Co., Ltd. (TOYO SOLAR) was established in November 2022 in Cam Khe Industrial Park, focusing on the research, production, and trading of solar energy cells. One month after its establishment, the company completed all procedures, commenced construction, and officially put the factory into operation in November 2023. With the favorable conditions created by the local authorities and the Provincial Industrial Park Management Board, immediately after the completion of Phase 1, the company continued to invest in Phase 2, increasing the factory's capacity to 3 GW/year, equivalent to 463,104,000 products/year (solar energy cells) in Cam Khe Industrial Park. Mr. Li HuaYang, Deputy General Director of Vietnam Sunergy Cell Co., Ltd., stated: “With continued investment and the commissioning of phase 2 of the project, along with Bac Giang and Bac Ninh , Phu Tho has become a very important locality in the group's global value chain. The effective, substantive, and timely support from the province is a decisive factor in the group's continued choice of Phu Tho as an investment location in the future.”

The fact that investors who already have production projects in Phu Tho are continuing to explore, research, and implement new projects is practical evidence demonstrating their trust in the province's commitments to supporting businesses, and affirming its position as one of the localities with good economic management quality and a transparent, efficient investment environment.

A destination for investors.

TOYO SOLAR's solar panel production line at Cam Khe Industrial Park has been operating stably, yielding positive production and business results.

Adaptability in the face of difficulties

According to the head of the Provincial Investment Promotion and Financial Services Center, the complex developments of the previous COVID-19 pandemic and the emerging, rapidly evolving, and unpredictable global and domestic situations—especially the competition and confrontation between major economies; the volatile financial and monetary markets, gold prices, gasoline, raw materials, and commodities; and the disruption of supply chains—have significantly impacted the province's investment promotion program. However, the province has also directed the organization and implementation of investment promotion activities in a flexible manner, adapting to the local situation.

Along with organizing delegations to promote direct investment in Europe and China, Australia and New Zealand, South Korea, Japan, etc.; participating in a delegation of the Ministry of Planning and Investment to learn about and exchange experiences on the capacity and innovation of the Republic of Ireland in developing cooperative economic models and proposing solutions for developing cooperative economic models in Vietnam..., provincial leaders and departments have strengthened activities to meet, exchange, and work with strategic investors such as: BYD Group, Crystal Group (Hong Kong - China), Wingtech Group, Vingroup, T&T Group...; and established working groups to support investors in surveying and researching investment projects in the province.

The province also directed its units to organize investment promotion delegations domestically and internationally, strengthen investment promotion cooperation and attract investment with diplomatic agencies; coordinate with the Northern Investment Promotion Center, the Foreign Investment Agency, and provinces in the region to carry out investment promotion activities. It organized investment promotion conferences within the province, linked regional investment promotion forums and those in major cities; promoted investment on-site through receiving and working with international delegations, providing information on investment and business laws, investment incentive policies, and promoting the province's potential and strengths to investors. It diversified channels for promoting investment attraction; coordinated with foreign representative offices in Vietnam, organizations, businesses, and business associations to invite investment into the province.

In addition, the province has directed its units to participate in numerous investment promotion conferences and seminars organized by ministries, central agencies, especially those organized by the Ministry of Planning and Investment, the Ministry of Foreign Affairs, and the Ministry of Industry and Trade, to introduce and promote the province's strengths and socio-economic development potential; to promote investment cooperation from foreign localities, organizations, and businesses, as well as the Vietnamese community abroad. It has also organized conferences to address difficulties faced by businesses and investors in the implementation of projects in the province, especially key projects.

According to the head of the Department of Finance, to avoid wasting resources and improve the quality of investment promotion, in 2025, along with organizing investment promotion delegations, conducting market research and surveys, and promoting investment with businesses in Europe, Northeast Asia, North America, and Southeast Asia, Phu Tho will focus on strengthening on-site investment promotion activities, promotion through media, and supporting investors and businesses from business registration to project implementation and resolving difficulties and obstacles during the implementation process. In particular, the province will innovate investment promotion methods towards a more specific and direct approach, providing support from the initial research and project planning stages, and establishing a single point of contact for procedures related to investment approval, construction permits, fire safety, environmental impact assessment, etc. Commitment to land clearance, land allocation, and proactively addressing emerging issues... The investment attraction strategy for 2025 will continue to focus on selecting industries aligned with the province's orientation for the 2021-2025 period. Priority will be given to attracting high-tech, new technology, clean energy, and environmentally friendly projects through various forms of social investment; focusing on attracting foreign direct investment for large-scale projects with highly competitive products that participate in the global value chains of multinational corporations, thereby receiving technology transfer and developing supporting industries and businesses. Identifying the development of the digital economy, green economy, promoting innovation, digital transformation, and the strong application of science and technology as strategic choices will drive long-term growth and competitiveness at the provincial level.

Dinh Vu

Source: https://baophutho.vn/diem-den-cua-cac-nha-dau-tu-230480.htm