The merger of Hung Yen and Thai Binh provinces, maintaining impressive economic growth momentum, even exceeding the set plan, is the result of strong and flexible leadership from Party committees and authorities at all levels. Hung Yen province has focused on administrative reform, improving the investment environment, promoting digital transformation, and clearing bottlenecks in the investment appraisal and licensing process.
With the active support of the business community and the consensus of the people, these efforts have quickly been transformed into specific growth figures, reflected in key socio -economic indicators.
Before the merger, Hung Yen province's GRDP in the first 6 months of 2025 increased by 9%, industrial and construction production value increased by 10.67%, trade and services increased by 6.61%, agriculture, forestry and fishery increased by 2.39%. Export turnover reached 4.2 billion USD, up nearly 30% over the same period last year; imports reached 3.56 billion USD, up more than 19%. Total social investment capital reached nearly 37,800 billion VND, up 18.5%.
These figures not only reflect a dynamic economy, but also demonstrate the locality's ability to quickly adapt to major adjustments in administrative organization and economic management.
Groundbreaking ceremony for the construction of the Khoai Chau Urban Complex, Eco-tourism and Golf Course Project in Hung Yen. |
The most prominent highlight is investment attraction. In the first 6 months of the year, after the merger, Hung Yen province received 205 new investment projects, with a total converted investment capital of over 5.9 billion USD. Of these, there were 123 domestic projects with a total capital of over 4.5 billion USD and 82 FDI projects with a total capital of over 1.4 billion USD.
The scale of investment has not only increased in quantity but also in quality with many large projects, with motivation and long-term vision. Notable are the Urban Complex, Eco-tourism, Golf Course Project in Khoai Chau District (old) with an investment capital of more than 1.5 billion USD and the Sub-area A - Urban Area Project North of National Highway 5 with a scale of nearly 1.3 billion USD. These projects not only create a boost in infrastructure and urbanization, but also create jobs and improve the quality of life for local people.
Up to now, Hung Yen province has 3,880 valid projects with a total registered capital of over 40.8 billion USD. Of which, industrial parks and concentrated economic zones have nearly 1,100 projects with a total capital of over 18.6 billion USD; outside industrial parks, there are nearly 2,800 projects with a registered capital of over 22.2 billion USD.
Not only Hung Yen, Thai Binh - the locality before the merger also recorded a GRDP growth of 9% in the first 6 months of the year. The total production value reached more than 105,954 billion VND, up 14% over the same period; of which industry increased by 22.28%, construction increased by 6.88%, agriculture increased by 2.27%, services increased by 9.62%.
These indicators confirm the stable and comprehensive progress of the two provinces before the merger, and at the same time create an important premise for the newly formed locality to continue promoting regional strengths, taking advantage of opportunities in the context of streamlined administration and improved governance efficiency.
The successful attraction of a series of large-scale investment projects while restructuring administrative units is a clear mark of the flexible management capacity and strategic development vision of the provincial leaders. Hung Yen is gradually affirming its position as a new growth pole in the Red River Delta, not only with its geo-economic advantage near the capital Hanoi, but also with its transparent investment attraction policy, accompanying businesses and focusing on sustainable development.
Source: https://baodautu.vn/hung-yen-thu-hut-hon-59-ty-usd-dau-tu-nua-dau-nam-2025-d325745.html
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