Increase non-budgetary investment resources

In the first 6 months of 2025, Quang Ninh continued to affirm its attractive investment destination with strong growth figures from non-budget investment projects. The breakthrough comes not only from the scale of capital, but also from the quality of capital flows, the synchronous participation of the government and the spirit of drastic and substantive reform.

Hai Ha Industrial Park Vietnam Co., Ltd. launched the Hai Ha Industrial Park Social Housing Project on April 26, 2025.

Factors that create attraction

According to the report of the Provincial People's Committee, in the first half of 2025, Quang Ninh granted new and adjusted investment policies for 168 non-budget projects, with total registered and adjusted capital reaching VND 125,692.8 billion, 13.1 times higher than the same period last year. Of which, there were 94 projects outside economic zones and industrial parks, with total registered capital of VND 86,426.8 billion; 74 projects in economic zones and industrial parks, with total investment capital of VND 39,266 billion.

Although FDI attraction has decreased, the quality and scale are outstanding. Notable: Foxconn invests in smart systems at Bac Tien Phong Industrial Park (287.2 million USD); smart entertainment project at Song Khoai Industrial Park (263.7 million USD); Lite-On factory phase 1 (690 million USD).

Mr. Chau Thanh Hung, Deputy Head of the Provincial Economic Zone Management Board, said: Quang Ninh attracts many large-scale high-tech projects not only because of its potential, but also because of the province's proactive reform, accompanying and creating favorable conditions for investors.

The Provincial Economic Zone Management Board awarded the investment certificate to the Avatar Vietnam project at Song Khoai Industrial Park, March 2025.

The factors that have created great attraction for non-budgetary investment capital in Quang Ninh in the first months of the year are the investment environment in the area that has been constantly improved and enhanced. Announcing the National PCI Index in 2024, Quang Ninh maintained its position among the top localities in the country, ranking 2nd in the ranking of provinces and cities with the best governance quality in 2024, with a total of 73.2 points, an increase of 1.95 points compared to 2023; the PAR Index, SIPAS, and PAPI indexes in 2024 are among the top 5 leading provinces and cities in the country.

In particular, administrative procedures are increasingly streamlined, currently 1,007/1,786 administrative procedures have shortened processing time, equivalent to 6,030 days of processing, exceeding the central target; more than 70% of administrative procedures have online payment; the rate of administrative procedure files resolved before the deadline on the provincial electronic one-stop system reached nearly 74%, the highest ever. The Provincial People's Committee and the Chairman of the Provincial People's Committee have authorized departments and branches to resolve 48/238 administrative procedures under their authority; departments and branches have authorized leaders of departments and offices to appraise and approve 255 administrative procedures right at the Provincial Public Service Center.

Ms. Nguyen Hai Van, Director of the Provincial Public Service Center, said: The province has built and set up a trial of the information system for handling administrative procedures in Quang Ninh province to serve people and businesses according to the 2-level local government model, with a trial run on June 15, 2025, and official operation from July 1, 2025.

Crystal Holidays Harbour Van Don project - High-class tourism , resort and entertainment complex invested by Everland Group, is being urgently implemented.

Since the beginning of 2025, the province has organized many substantive dialogues with businesses, including many working sessions with business associations, cooperatives, transport, tourism, and industrial production enterprises; thereby receiving and promptly resolving 136 recommendations, contributing to removing difficulties, accompanying and promoting production in the area.

Mr. Wu Xian Hong, Deputy General Director of Hai Ha Industrial Park Vietnam Co., Ltd., shared: The unit is actively completing the steps and procedures to start the construction of the social housing area in Hai Ha Industrial Park. The proposals and recommendations of the unit have been urgently implemented by the provincial authorities and branches to implement solutions. Up to now, the procedures are basically being completed, striving to start the project in the third quarter of 2025, with a total investment capital of phase 1 of 638 billion VND.

Proactively create a good investment environment

In the last months of 2025, facing the strong differentiation of investment from domestic and foreign enterprises, Quang Ninh identified core solutions to attract investment capital flows, not only serving the immediate interests of ensuring the economic growth target of over 14% in 2025, but also serving the core, long-term interests in the new era.

A series of solutions need to be considered and directed by the province, such as: Accelerating the construction and completion of unfinished traffic infrastructure projects; researching and calculating investment in renovating and upgrading existing traffic routes that no longer meet new development requirements; promoting the development of logistics systems, seaports, and large-scale industrial parks with regional connectivity; proactively "taking the lead" in reforming procedures and digital transformation; building a startup and innovation ecosystem, creating motivation for small and medium-sized enterprises to develop; selectively attracting FDI capital, prioritizing high-tech, environmentally friendly, land-saving, and valuable fields.

Perspective of planning of high-end complex tourism service area project in Van Don special economic zone.

On July 1, 2025, along with the whole country, Quang Ninh officially implemented the 2-level local government model, with 54 commune-level administrative units, including 2 special economic zones (Van Don, Co To). This is a great advantage for the province in attracting non-budgetary investment capital, when the Van Don special economic zone was identified by the central government to pilot the development of specific and special mechanisms and policies to attract investment resources, creating a new growth pole for the province and the whole country.

Mr. Pham Duc An, Chairman of the Provincial People's Committee, said: Quang Ninh proactively coordinates with relevant ministries and branches to pilot specific mechanisms and policies for Van Don, and at the same time proposes to the central government many other mechanisms and policies to effectively attract non-budgetary investment capital, especially new-generation FDI capital flows into the province's economic zones and industrial parks.

On June 27, 2025, the Prime Minister issued Decision No. 1395/QD-TTg approving the investment policy of the High-end Complex Tourism Service Area Project in Van Don Economic Zone. The project aims to develop an international-class resort, entertainment and commercial area, with the highlight being a high-end casino complex and integrated tourism, real estate, hotel and resort services. The project has a total investment of at least 2 billion USD, the largest non-budgetary investment capital in the province at present.

The Provincial People's Committee is coordinating with relevant ministries and branches to complete procedures and organize the selection of investors in accordance with the laws on investment, land, bidding and related regulations. In particular, investors with sufficient capacity, finance, experience and commitment to comply with strict investment and business conditions, especially in the field of casinos, environmental protection and ensuring national defense and security, will be selected.

Signing of cooperation between young entrepreneurs and businesses in Quang Ninh at the 2025 Young Entrepreneurs Trade Promotion Program.

The province is focusing on implementing solutions to effectively implement the four key resolutions of the Politburo (No. 57-NQ/TW, No. 59-NQ/TW, No. 66-NQ/TW, No. 68-NQ/TW) to promptly meet the requirements of attracting investment resources to the province. From now until the end of the year, all levels and sectors of the province will focus on reviewing, simplifying, and cutting down administrative procedures, ensuring the abolition of at least 30% of unnecessary business investment conditions; reducing at least 30% of the time to handle administrative procedures, and 30% of administrative procedure costs according to the direction in Resolution No. 66/NQ-CP (dated March 26, 2025) of the Government. At the same time, review, revise, and promulgate sets of indicators on administrative reform, satisfaction measurement indexes; and governance efficiency indexes, ensuring consistency with the practical situation after implementing the 2-level local government model.

The province actively directed departments, branches and localities to proactively grasp the business situation; listen to and absorb the opinions and suggestions of businesses after the implementation of the 2-level local government model, and prepare for meetings and dialogues with businesses.

Increasing non-budgetary investment is a clear indication of the attractiveness and dynamism of Quang Ninh in the context of increasingly fierce competition to attract capital. The province has always been proactive in creating a good investment environment first, this is a modern development mindset that Quang Ninh should take advantage of and promote. With what has been done and a clear strategy ahead, Quang Ninh is on the right track to become a new growth pole of the region and the whole country in the period of developing the private economy and attracting comprehensive investment.

Manh Truong

Source: https://baoquangninh.vn/gia-tang-nguon-luc-dau-tu-ngoai-ngan-sach-3367385.html