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| Samsung's presence has contributed to changing the socio -economic landscape of Thai Nguyen. In the photo: Mobile phone production at the Samsung Electronics Vietnam Thai Nguyen factory (Yen Binh Industrial Park). |
Samsung, the "locomotive," and its historic breakthrough.
Thai Nguyen has emerged as a bright spot in attracting investment, especially FDI, and when mentioning this success, it's impossible not to mention Samsung, its strategic investor.
In 2013, Samsung decided to invest approximately $5 billion in a mobile phone manufacturing complex in the Yen Binh Industrial Park. This became the Group's largest mobile phone manufacturing hub in the world , creating jobs for over 60,000 workers and quickly transforming Thai Nguyen into a leading electronics manufacturing center in the region.
Not stopping there, Samsung continuously expanded its investments. By the end of 2025, the Group's total capital in Thai Nguyen reached nearly $7.5 billion, accounting for approximately 65% of the province's total FDI.
Continued investment in semiconductors and core components not only strengthens Thai Nguyen's position on the electronics industry map but also marks a significant shift: from a large-scale manufacturing center to a strategic link in the global technology chain.
Assoc. Prof. Dr. Nguyen Tien Long, Head of the Department of Digital Economics, School of Economics and Business Administration (Thai Nguyen University): Samsung contributes to the formation of a complete industrial ecosystem, thereby attracting global suppliers to invest in Thai Nguyen.
Spreading large-scale industrial ecosystems
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| Manufacturing of precision mechanical equipment at BIGL Vietnam Co., Ltd. (Song Cong II Industrial Park). |
In fact, the presence of Samsung Group has created a strong ripple effect, attracting more than 100 satellite businesses to participate in the supply chain in Thai Nguyen.
From there, a large-scale high-tech manufacturing network was formed, with the participation of many supporting businesses, such as Sunny Opotech, Trina Solar Wafer, DBG Technology, Hansol Electronics, etc.
These businesses have invested hundreds of millions of USD in key industrial zones such as Yen Binh, Diem Thuy, and Song Cong II, contributing to the completion of the industrial ecosystem and enhancing the local production capacity.
Besides the electronics industry, the renewable energy and high-tech materials sectors are also emerging as a new wave of investment in Thai Nguyen. Typical examples include projects by Trina Solar Group (China) with its production chain of solar cells, monocrystalline silicon wafers, and wafers.
Trina Solar's total investment in Thai Nguyen has reached nearly $1 billion and is continuing to expand in the coming time. Trina Solar's factories have a capacity of hundreds of millions of solar panels per year, contributing to making Thai Nguyen one of the clean energy production centers in the region.
Simultaneously, the mining and deep processing sectors continue to play a crucial role in the development of new materials industries in Thai Nguyen. A prime example is the Nui Phao Project by Masan Group, with a total investment of over 10,000 billion VND. This is one of the world's largest tungsten mines, making a significant contribution to the national budget and promoting the development of the materials industry.
The project goes beyond mere extraction and focuses on deep processing, participating more deeply in the global supply chain. This demonstrates a clear shift: from resource exploitation to value-added enhancement, a key factor for sustainable development.
Establishing a central position for high-tech manufacturing.
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| Large-scale projects play a leading role, creating a ripple effect in the industrial development of Thai Nguyen. In the photo: A panoramic view of the factory of Nui Phao Mineral Exploitation and Processing Company Limited. |
Currently, Thai Nguyen has 234 active FDI projects with a total registered capital of nearly 17 billion USD. The FDI sector has become a major growth driver, making a significant contribution to the province's economic scale, industrial production, and exports.
While the province's GRDP was approximately VND 66,356 billion in 2015, it has exceeded VND 202 trillion by 2024, nearly tripling in a decade. In the industrial sector, by 2025, the value of industrial production in the FDI sector is expected to reach over VND 1.11 trillion, accounting for 92.5% of the total value of the entire industry.
Export turnover has also grown impressively, from $158 million in 2013 to nearly $30 billion in 2025 (almost 190 times).
Thanks to this, Thai Nguyen has risen to become one of the localities with the largest export turnover in the country. Besides contributing to economic growth, FDI projects have also created jobs for tens of thousands of workers, increased income, and improved the lives of the people…
Mr. Nguyen The Hoan, Head of the Provincial Industrial Parks Management Board: Large projects not only bring in capital but also introduce modern technology, management methods, and high-quality human resources. This is the foundation for Thai Nguyen to transform from a traditional industrial province into a high-tech industrial center.
In reality, the presence of these leading companies has not only helped Thai Nguyen achieve economic breakthroughs but also created an important foundation for sustainable development.
As leading companies spread their wings, investment flows will continue to be driven more strongly, opening up new growth opportunities and elevating Thai Nguyen's status from a traditional industrial province to a high-tech manufacturing hub in the region.
Source: https://baothainguyen.vn/kinh-te/202605/nhung-seu-dau-dan-dan-dat-dong-von-vao-thai-nguyen-2e60662/










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