Thai Nguyen is determined to achieve double-digit growth.

Entering a new phase of development, Thai Nguyen province has set the goal of achieving double-digit economic growth in the 2026-2030 period. With a solid industrial foundation, a selective investment attraction strategy, and synchronized management solutions, Thai Nguyen is gradually realizing its breakthrough goal, creating momentum for rapid and sustainable development.

The ongoing New Urban Area and Central Pedestrian Street project is a key project that not only contributes to creating a new, modern look for Thai Nguyen city but also has significant socio -economic value.

From the right resolution

In recent years, despite numerous domestic and international economic challenges, Thai Nguyen has maintained stability and is gradually recovering its growth. By 2025, the province's GRDP growth rate is estimated at approximately 6.33%; state budget revenue is projected to reach 29,000 billion VND, the highest level ever. This is a significant achievement, laying the foundation for the province to enter a phase of accelerated development.

Industry continues to play a pivotal role in the economy. The province currently has 350 active projects in industrial parks, including nearly 190 FDI projects with a total registered capital of over US$11 billion. Export value from these industrial parks is estimated at nearly US$25 billion, making a significant contribution to economic growth, job creation, and labor restructuring.

However, in light of new development requirements, Thai Nguyen has clearly identified that maintaining only the current average growth rate will make it difficult to achieve a breakthrough. Therefore, the target of double-digit growth for the 2026-2030 period has been set as an essential requirement to improve the scale, quality, and competitiveness of the local economy.

The Resolution of the First Congress of the Thai Nguyen Provincial Party Committee, term 2025-2030, has set the overall goal of developing Thai Nguyen rapidly and sustainably, with an average GRDP growth rate of 10.5% or higher per year during the 2026-2030 period. According to the Resolution, by 2030, the province's GRDP at current prices is projected to reach approximately VND 361.6 trillion; GRDP per capita is expected to reach approximately VND 220 million. The economic structure will continue to shift towards modernization, with industry and construction accounting for over 54%, services accounting for about 36%, and agriculture, forestry, and fisheries decreasing to less than 9%.

One of the key pillars for achieving high growth targets is investment in development. Total social investment implemented during the 2026-2030 period is estimated at over 793 trillion VND, equivalent to approximately 68% of GRDP. The industrial production index is targeted to increase by an average of 12.5% ​​per year; exports are expected to increase by about 10% per year. The digital economy will gradually become a new driving force, striving to contribute approximately 35% of GRDP.

Towards a suitable growth scenario

The province currently has 350 active projects in industrial parks, including nearly 190 FDI projects with a total registered capital of over 11 billion USD.

To realize the Resolution, Thai Nguyen province is focusing on directing the implementation of breakthrough solutions, first and foremost increasing the rate of total social investment and accelerating the disbursement of public investment capital. By 2026, the province aims for the ratio of implemented investment capital to GRDP to reach approximately 60%, considering this a crucial lever to promote growth.

In addition, the province is paying special attention to expanding industrial development space. According to the plan, in the period 2026-2030, Thai Nguyen will develop 33 industrial parks with a total area of ​​over 12,400 hectares and 72 industrial clusters with an area of ​​approximately 3,800 hectares. Land clearance, investment in technical infrastructure, and preparation of clean land are identified as key tasks.

At the 2026 Investment Promotion Conference, the province awarded decisions and certificates to 11 projects with a total capital of over 1.05 billion USD, and signed memoranda of understanding for 20 projects with a total capital of approximately 3.33 billion USD. This is an important resource, creating an investment flow for the coming years.

In a double-digit growth scenario, industrial development, including industrial park infrastructure, and investment attraction policies, including FDI, continue to play a crucial role. Thai Nguyen has clearly shifted from attracting investment based on quantity to selecting projects based on quality.

The province is committed to implementing the "three no's" principle in attracting investment: no sacrificing the environment for growth; no accepting outdated, resource-consuming technologies; and no selecting investors lacking financial and managerial capacity. Based on this, the province prioritizes high-tech projects, electronics, components, new materials, clean energy, and supporting industries.

Alongside attracting FDI, Thai Nguyen focuses on developing domestic enterprises, promoting production and supply chain linkages between FDI enterprises and local businesses, thereby increasing added value and the spillover effect of the industrial sector.

Thai Nguyen's growth scenario for the 2026-2030 period is built on a multi-tiered driving force. In the first phase, growth will come from infrastructure investment, strong disbursement, and the filling of industrial parks. In the next phase, the main driving force will be the processing and manufacturing industry, linked to improving labor productivity. In the long term, the digital economy and value-added services will become the foundation for sustainable growth.

The double-digit growth target for the 2026-2030 period is a major challenge, but also an opportunity for Thai Nguyen to make a breakthrough. With the right direction from the Provincial Party Committee's Resolution, the decisive leadership of the Provincial People's Committee, and the support of the business community, Thai Nguyen is gradually building a solid foundation to realize the goal of rapid and sustainable growth, making a positive contribution to the overall development of the region and the country.

Source: https://baothainguyen.vn/kinh-te/202602/thai-nguyen-quyet-tam-dat-tang-truong-hai-con-so-5347d10/