Thanh Hoa - a strategic investment destination.

With its impressive growth potential, synchronized infrastructure, outstanding incentive policies, and long-term development vision, Thanh Hoa is gradually becoming a strategic investment destination in the new era of development.

Impressive growth, integrated infrastructure.

During the period 2021-2025, Thanh Hoa's economy is expected to maintain an average GRDP growth rate of approximately 9.05%, placing it among the leading provinces nationwide. The size of the economy is continuously expanding, reaching over 333 trillion VND by 2025, nearly 1.9 times higher than in 2020, making Thanh Hoa one of the largest economies in the country. The economic structure is shifting positively towards increasing the proportion of industry and construction and gradually reducing dependence on agriculture, clearly reflecting a trend towards modern and sustainable development.

Leaders of Thanh Hoa province perform the groundbreaking ceremony for the Eurowindow Light City urban area project in Nguyet Vien ward, Thanh Hoa province. Photo: Minh Hieu.

Not only has the quantity of growth increased, but the quality of growth has also significantly improved, with average labor productivity rising by approximately 12% per year, exceeding the set target. Economic pillars such as processing and manufacturing industries; large-scale agriculture ; services and tourism continue to be strengthened, creating a ripple effect throughout the entire economy. Notably, Thanh Hoa has not developed in a scattered manner but has focused on building dynamic centers and economic corridors, thereby expanding development space and strengthening regional linkages. This strategy has contributed to making the locality a "destination" for a series of large-scale projects in many sectors.

Alongside its growth, Thanh Hoa province places special emphasis on infrastructure investment, following the "pioneering" approach – a key factor in attracting investment. Accordingly, the transportation system has been developed comprehensively with the presence of the North-South expressway, national highways, coastal roads, and connecting routes to industrial zones, creating a continuous network between regions within the province and providing quick access to major economic centers. Thanh Hoa is also one of the few localities that possesses a complete range of transportation modes: road, sea, and air. Nghi Son Port, with its large capacity, can accommodate large cargo ships; Tho Xuan Airport is planned to become an international airport; and the increasingly完善 logistics system has created a clear competitive advantage in the supply chain.

Secretary of the Thanh Hoa Provincial Party Committee Nguyen Doan Anh and the delegation inspect the Sao Mai Lam Son - Sao Vang New Urban Area project. Photo: Minh Hieu.

In particular, the infrastructure of economic zones and industrial parks is readily available with clean land, helping investors shorten project implementation time and reduce opportunity costs. The Nghi Son Economic Zone – a center for industry, energy, and logistics – is becoming a "locomotive" attracting large projects, while the system of industrial parks and clusters throughout the province continues to expand and improve. With a strong growth foundation and an increasingly完善 infrastructure system, Thanh Hoa is fully equipped to become an attractive destination for investment capital in the new phase.

Attractive incentive policies contribute to increased investment efficiency.

While economic growth and synchronized infrastructure are the foundation, preferential policies are the "key" that helps Thanh Hoa differentiate itself in attracting investment. The province has built a comprehensive, flexible, and highly competitive system of preferential policies, aiming to "reduce costs, increase benefits, and provide long-term support for businesses."

According to Mai Xuan Liem, Standing Vice Chairman of the Thanh Hoa Provincial People's Committee, one of the overarching principles in Thanh Hoa's investment attraction policy is that investors enjoy the highest level of preferential rights and fulfill the lowest level of obligations within the regulatory framework. Based on this, the province not only applies general policies but is also ready to design specific support mechanisms tailored to each project, especially large-scale projects with a ripple effect.

Secretary of the Thanh Hoa Provincial Party Committee Nguyen Doan Anh receives a delegation from Sumitomo Group, Japan. Photo: Minh Hieu.

In preferential policies, land is considered a crucial "lever" to reduce initial investment costs. Many projects in specially prioritized sectors or in disadvantaged areas may be exempt from land rent for the entire lease period. For other projects, the land rent exemption period also extends from the basic construction phase to many years after operation begins. Simultaneously, long-term tax incentives help businesses improve investment efficiency. Preferential corporate income tax rates of 10% to 17% for 10-15 years, along with tax exemptions for up to 4 years and a 50% reduction in tax payable for many subsequent years, create significant room for businesses to accumulate capital and expand production.

Beyond financial incentives, Thanh Hoa province also implements targeted support policies for specific sectors. In industry, the province supports investment in industrial cluster infrastructure with subsidies of up to 1-1.5 billion VND/hectare. In logistics, transport companies and container shipping lines can receive direct support to reduce transportation costs. In education and agriculture, support policies are also designed with a long-term perspective, contributing to the development of human resources and sustainable production.

Notably, Thanh Hoa province clearly demonstrates its commitment to supporting businesses through a flexible approach. For "strategic investors," the province is ready to develop specific mechanisms tailored to the unique characteristics of each project. Simultaneously, preferential policies are allocated according to development areas, with the Nghi Son Economic Zone enjoying particularly strong incentives. In addition to incentives, the province also places special emphasis on improving the investment environment, promoting administrative reforms, increasing transparency in processes, and shortening processing times, creating the most favorable conditions for businesses.

With a solid growth foundation, a synchronized infrastructure system, and attractive incentive policies, Thanh Hoa is gradually asserting its position as a strategic investment destination for the region and the whole country.

On the eve of the 2026 Investment Promotion Conference, these advantages not only open up new opportunities for investors but also create momentum for Thanh Hoa to make a strong breakthrough in the next phase of development.

Source: https://daibieunhandan.vn/thanh-hoa-diem-den-dau-tu-chien-luoc-10411265.html