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Nghe An continues to make breakthroughs in attracting FDI.

With its "5 Ready" strategy and a strongly reformed investment environment, Nghe An is becoming a bright spot for FDI nationwide, attracting billions of USD in foreign capital each year.

Báo Nông nghiệp Việt NamBáo Nông nghiệp Việt Nam04/11/2025

Breaking through from the '5 Ready' foundation.

On November 4th, the People's Committee of Nghe An province held its regular monthly meeting for October 2025. The report presented at the meeting showed that attracting investment continues to be a prominent highlight in the province's socio -economic landscape.

In October alone, Nghe An province granted new licenses and adjusted capital for dozens of projects with a total capital of over 3,145 billion VND. Cumulatively for the first 10 months of 2025, the province attracted 63 new investment projects with a total registered capital of nearly 13,760 billion VND, while also adjusting 168 projects, with 47 projects increasing capital by more than 23,279 billion VND. The total newly granted and increased capital reached 37,039 billion VND – an impressive figure, affirming the strong recovery of Nghe An province's investment environment.

Nhà máy Radiant pto - Electronics Việt Nam Nghệ An với tổng mức đầu tư 145 triệu USD mới vừa được khánh thành vào cuối tháng 10/2025 tại KCN VSIP Nghệ An. Ảnh: Thành Duy.

The Radiant pto - Electronics Vietnam Nghe An factory, with a total investment of 145 million USD, was recently inaugurated at the end of October 2025 in the VSIP Nghe An Industrial Park. Photo: Thanh Duy.

In particular, the foreign direct investment (FDI) sector continued to record outstanding results. In just 10 months, Nghe An province granted licenses to 19 new FDI projects with a total registered capital of US$301.9 million, accounting for more than 55% of the province's total investment; at the same time, 15 projects increased their capital, with a total additional US$675.3 million, bringing the total newly licensed and adjusted FDI capital to US$977.2 million.

Large-scale projects such as VSIP Nghe An III Industrial Park (US$52.5 million), Casa Bonita Residential Area (US$88.84 million), Sunny Vietnam Optical Technology Manufacturing Plant (US$11 million), and VSIP Nghe An Residential Area No. 3 (US$66.53 million) have made a strong impact, contributing to shaping a new face for the province's industry.

In particular, a series of existing projects have significantly increased their capital, such as Mega Textile - Vietnam adding $350 million, Fu Wing Interconnect Technology adding $150 million, and Luxshare (Vietnam) adding $50 million... clearly demonstrating the confidence of international businesses in Nghe An's investment environment.

According to the Management Board of the Southeast Nghe An Economic Zone, the key factor for success is the "5 readinesses" strategy: ready land, ready infrastructure, ready human resources, ready investment environment, and ready supportive government.

In particular, the Southeast Economic Zone has been expanded to over 80,000 hectares, with 15,000 hectares of cleared land specifically for industrial use, creating significant room for global-scale projects.

In addition, the synchronized investment in transportation and logistics infrastructure, connecting Cua Lo port and Vinh International Airport to industrial zones such as VSIP, WHA, and Hoang Mai, has helped Nghe An province prepare to welcome a new wave of investment.

Elevating to become the FDI hub of the North Central region.

Through strategic steps, Nghe An province has gradually established itself as a center for FDI in the North Central region.

It should be recalled that, by the end of 2024, Nghe An province had attracted nearly US$1.75 billion in FDI, ranking 8th out of 63 provinces and cities nationwide. To date, the province has 169 active FDI projects with a total registered capital of over US$5.6 billion. In the last three years alone, Nghe An has consistently been among the top 10 localities attracting FDI in Vietnam.

These figures not only demonstrate growth in "quantity" but also reflect a transformation in "quality" as high-tech, environmentally friendly, and high-value-added projects continuously emerge. Renowned corporations such as Foxconn, Luxshare, Goertek, Everwin, and Juteng have chosen Nghe An as their destination, with a total investment of over $1.3 billion, creating stable jobs for 86,000 workers.

Tỉnh Nghệ An đang thu hút dòng vốn FDI thuộc TOP đầu cả nước. Ảnh: Phạm Tuân.

Nghe An province is attracting one of the highest levels of FDI in the country. Photo: Pham Tuan.

Mr. Le Hong Vinh, Chairman of the People's Committee of Nghe An province, affirmed: "The recent results in attracting FDI are the achievements of the entire political system working together, demonstrating a breakthrough in administrative reform, enhancing competitiveness and building strong confidence for investors."

Looking ahead to the 2025-2030 period, Nghe An province aims to establish 8-10 new industrial parks with an area of ​​approximately 3,000 hectares, attracting 5-6 billion USD in FDI, focusing on high technology, clean production, and innovation. Simultaneously, the province strives to ensure that by 2030, businesses within these industrial parks and economic zones will contribute 25-30% of the total local budget revenue and create jobs for 150,000 workers.

In addition, Nghe An province has also implemented 19,500 social housing units and worker housing under the national project, contributing to improving the quality of life and housing for workers - a sustainable factor in the investment environment.

Beyond attracting investment, Nghe An is aiming for a "green, smart, and sustainable" development model. The province aims for 100% of its industrial zones to have wastewater treatment systems that meet standards, while also developing eco-industrial parks linked to digital transformation and innovation.

The confidence of international investors, coupled with the proactive approach of the local government, is ushering in a new growth cycle for Nghe An – a province expected to become a high-tech industrial hub for the North Central region and the entire country.

Source: https://nongnghiepmoitruong.vn/nghe-an-tiep-tiep-but-pha-trong-thu-hut-fdi-d782188.html


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