New mark in attracting FDI investment
Recently, the Provincial Industrial Park Management Board has issued an Investment Registration Certificate for the Electronic Components Manufacturing and Processing Factory Project in Tam Duong I Industrial Park - Area 2, Tam Duong Commune. The project is invested by Jahwa Vina Co., Ltd. (100% Korean capital), with a total registered capital of more than VND 2,625 billion (equivalent to USD 100 million), using 105,143.4 m2 of land for implementation.
The project aims to produce and process cameras, vibration motors for mobile phones and other electronic devices, with a scale of 48 million products/year. According to the plan, the factory will start construction in the fourth quarter of 2025 and officially come into operation from the second quarter of 2028. When operating stably, the project is expected to achieve revenue of nearly 4,500 billion VND/year, contribute about 9 billion VND/year to the budget, and create jobs for more than 1,300 workers, including 20 foreign experts and 1,300 local workers.
Electronic components manufacturing at Jahwa Vina Co., Ltd., Khai Quang Industrial Park.
Jahwa Vina Co., Ltd. (Khai Quang Industrial Park) is an enterprise that produces electronic components. The company's production and business activities have grown continuously, creating jobs and stable income for 3,200 employees. In addition to promoting production and business activities, the enterprise also actively participates in social activities, spending 1-2 billion VND each year on social security programs such as giving gifts to poor households, building houses for disadvantaged workers, supporting orphans, poor students to overcome difficulties... contributing to spreading the spirit of community responsibility in the locality. This is one of the typical Korean investors, making positive contributions to the socio -economic development of the province.
Currently, the province has 58 approved industrial parks with a total area of over 14,055 hectares; of which, 28 industrial parks have been established and 17 industrial parks have come into operation. Some typical industrial parks such as Thang Long Vinh Phuc , Khai Quang, Ba Thien II, Binh Xuyen, Phu Ha, Trung Ha, Luong Son, Yen Quang have achieved high occupancy rates, attracting many large corporations and enterprises, making important contributions to the budget and industrial development of the province.
In the first 10 months of 2025, the total newly registered and adjusted FDI capital in industrial parks reached more than 860 million USD, reaching 96% of the 2025 plan; the total newly registered and adjusted DDI capital reached more than 14 trillion VND, reaching 120% of the 2025 plan. Accumulated to October 15, 2025, industrial parks in the province have 825 secondary projects with valid investment, including 317 domestic projects with a total investment of more than 59 trillion VND and 508 FDI projects with a total investment of more than 10 billion USD.
Production and business activities of projects in the industrial park continue to maintain high growth momentum. Revenue from FDI projects reached more than 15.8 billion USD, reaching 122% over the same period in 2024; export value reached more than 25 billion USD, reaching 116% over the same period; budget contribution was more than 7,200 billion VND, up 5% over the same period last year. Revenue from DDI projects reached nearly 24 trillion VND, reaching 111% over the same period; export value was more than 3.5 billion USD, reaching 129% over the same period; budget contribution was more than 1,330 billion VND, reaching 116% over the same period in 2024.
Accelerate infrastructure completion, improve investment environment, expand development scale
After merging with Vinh Phuc and Hoa Binh provinces, Phu Tho entered a new development phase with an expanded market size, abundant labor resources and large industrial land fund. This is a great opportunity, and at the same time requires strong innovation in planning, investment attraction and industrial development. The province focuses on completing the technical infrastructure of industrial parks, especially those with the ability to receive new FDI capital flows after the merger; simplifying administrative procedures, making preferential policies transparent and training high-quality human resources, taking advantage of the labor force from the merged localities to meet business needs.
At the conference to listen to the report on investment attraction and implementation of industrial park projects, Chairman of the Provincial People's Committee Tran Duy Dong emphasized: "Industry continues to be the key economic sector, playing a key role in the province's growth. All levels and sectors need to be more determined in promoting, attracting investment and removing difficulties for businesses; at the same time, focus on promoting on-site investment, supporting businesses to expand production - especially in the fields of electronics industry, automobile and motorbike manufacturing and supporting industries".
The Chairman of the Provincial People's Committee assigned the Industrial Park Management Board to preside over and coordinate with relevant departments and branches to promote support for enterprises, urge the progress of infrastructure construction, review 146 secondary projects that have not yet come into operation, and prioritize attracting high-tech, environmentally friendly projects. The province requested to complete the work of establishing and approving the construction zoning plans of key industrial parks such as: Lap Thach I, Lap Thach II, Yen Lac, Binh Xuyen - Yen Lac I & II, Thai Hoa - Lien Son - Lien Hoa; Thanh Cao, Lac Thinh, Tam Duong II - Zone B, Dong Soc - Yen Lac (before November 30, 2025).
Continue to review the integrated industrial park development plan in the Provincial Planning for the period 2021 - 2030, with a vision to 2050, ensuring consistency with the overall regional planning after the merger, aiming to attract high-tech, environmentally friendly projects, associated with green transformation and digital transformation in industrial production. By 2030, Phu Tho strives to become an industrial - service center of the Northern Midlands and Mountains region.
With a supportive government, open policies, increasingly improved infrastructure, and a transparent investment environment, Phu Tho is affirming its position as a safe, effective, and sustainable investment destination, contributing significantly to the goal of double-digit growth, improving the quality of people's lives, and building Phu Tho into a new growth pole of the region.
Van Cuong
Source: https://baophutho.vn/dong-luc-cho-tang-truong-nbsp-kinh-te-242840.htm
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