Nghe An continues to make breakthroughs in attracting FDI

With the '5 Readiness' strategy and a strongly reformed investment environment, Nghe An is becoming a bright spot for FDI in the country, attracting billions of dollars in foreign capital each year.

Breakthrough from the '5 ready' platform

On November 4, the People's Committee of Nghe An province held a regular meeting for October 2025. The report at the meeting showed that investment attraction continues to be a bright spot in the province's socio -economic picture.

In October alone, Nghe An province granted new and adjusted capital for dozens of projects with a total capital of more than 3,145 billion VND. In the first 10 months of 2025, the whole province attracted 63 new investment projects with a total registered capital of nearly 13,760 billion VND, and adjusted 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.

Radiant pto - Electronics Vietnam Nghe An factory with a total investment of 145 million USD was just inaugurated at the end of October 2025 at 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 19 new FDI projects with a total registered capital of 301.9 million USD, accounting for more than 55% of the total investment capital of the province; at the same time, 15 projects increased capital, with a total increase of 675.3 million USD, bringing the total newly granted and adjusted FDI capital to 977.2 million USD.

Large-scale projects such as VSIP Nghe An III Industrial Park (52.5 million USD), Casa Bonita Residential Area (88.84 million USD), Sunny Vietnam Optical Technology Factory (11 million USD), or VSIP Nghe An Residential Area No. 3 (66.53 million USD) have made a strong impression, contributing to shaping a new look for the province's industry.

In particular, a series of existing projects have increased their capital, such as Mega Textile - Vietnam increasing by 350 million USD, Fu Wing Interconnect Technology increasing by 150 million USD, or Luxshare (Vietnam) increasing by 50 million USD... clearly demonstrating the confidence of international enterprises 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 readiness" strategy: ready land, ready infrastructure, ready human resources, ready investment environment and ready accompanying government.

Of which, the Southeast Economic Zone is expanded to more than 80,000 hectares, with 15,000 hectares of clean land reserved for industry, creating large space for global-scale projects.

Along with that, the synchronous investment in transport and logistics infrastructure, connecting Cua Lo port, Vinh international airport to VSIP, WHA, Hoang Mai industrial parks, etc., helps Nghe An province to be ready to welcome a new wave of investment.

Reaching the FDI center of the North Central region

From strategic steps, Nghe An province has gradually shaped its position as the FDI center of the North Central region.

It should be recalled that by the end of 2024, Nghe An province had attracted nearly 1.75 billion USD in FDI capital, ranking 8th out of 63 provinces and cities nationwide. To date, the province has 169 valid FDI projects with a total registered capital of more than 5.6 billion USD. In the past 3 years alone, Nghe An has been continuously in the top 10 localities attracting the most FDI in Vietnam.

These figures not only show the growth in “quantity” but also reflect the change in “quality” when high-tech, environmentally friendly projects with large added value continuously appear. Famous corporations such as Foxconn, Luxshare, Goertek, Everwin, Juteng… have chosen Nghe An as their destination, with a total investment capital of more than 1.3 billion USD, creating stable jobs for 86,000 workers.

Nghe An province is attracting the highest FDI capital in the country. Photo: Pham Tuan.

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

Towards the period of 2025-2030, Nghe An province aims to establish 8-10 new industrial parks with an area of ​​about 3,000 hectares, attracting 5-6 billion USD of FDI capital, focusing on high technology, clean production, and innovation. At the same time, the province strives that by 2030, enterprises in 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 also deployed 19,500 social housing and worker housing units under the National Project, contributing to improving the quality of life and housing for workers - a sustainable factor in the investment environment.

Not only attracting capital, Nghe An is aiming for a “green - smart - sustainable” development model. The province aims for 100% of industrial parks to treat wastewater up to standards, while developing ecological industrial parks associated with digital transformation and innovation.

The confidence of international investors, along with the initiative of local authorities, is opening a new growth cycle for Nghe An - a place expected to become the high-tech industrial center of the North Central region and the whole country.

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