According to the aggregated data, from January 1, 2025 to April 29, 2025, Nghe An province approved investment policies/issued investment registration certificates for 16 projects with a total investment of VND 2,600.6 billion, adjusting for 54 projects.
Of which, capital was adjusted for 16 projects, with total investment increasing by VND4,854.9 billion. Total newly granted and increased investment capital was VND7,455.5 billion, equal to 48.37% compared to the same period last year...
In April 2025 alone, investment policies were approved/investment registration certificates were granted to 6 projects with a total investment capital of VND 377.2 billion. The major newly granted projects include the Prussia project at WHA Industrial Park of Hong Kong Thai Ray Investment Limited; Zengreat Industrial Limited with a total investment of USD 7 million (equivalent to VND 177.45 billion).
VSIP Nghe An 1 Industrial - Urban and Service Park is a key project of VSIP Group in Nghe An. After 10 years of operation, this project has created a different appearance with a 97% occupancy rate, becoming a destination for large corporations in the world , becoming a model for industrial parks in the region and in the country.
The representative of VSIP Nghe An Industrial Park Management Board said that as of May 12, 2025, VSIP Nghe An 1 Industrial Park has attracted 57 investment projects (54 investors), the land area for lease is 248.74 hectares, reaching an occupancy rate of about 87%, the total investment capital is about 50,249 billion VND (equivalent to about 2,110 million USD). Of which, 44 investment projects have come into operation, creating initial jobs for nearly 29,000 workers, 5 other projects are building factories and the remaining 8 projects have completed investment procedures and are carrying out planning procedures to implement construction.
There are 36 FDI projects (33 investors), with a total investment capital of about 47,958 billion VND (equivalent to about 2,013 million USD) from countries such as Hong Kong, Taiwan, Korea, Japan, Singapore, Sweden. Some large-scale FDI projects in the fields of electronics/precision mechanics, garments such as Luxshare-ICT, Everwin Precision Vietnam, Innovation Precision Vietnam, An Nam Matsuoka Garment, Gaiwach International Clothing Vietnam, Sangwoo Vietnam.
For VSIP Nghe An 2 Industrial Park (Tho Loc Industrial Park Phase 1), up to now, 1 investor has been granted an Investment Registration Certificate with an area of 51.2 hectares, a total investment capital of 590 million USD and currently there are about 10 potential secondary investors (land fund demand of about 100 hectares) who have been working to learn and implement investment, of which 3 investors have signed a Memorandum of Understanding on investment with an area of about 30 hectares, expected to create jobs for about 30,000 local workers in the near future.
It can be said that FDI capital is a very important factor, having a positive impact on industrial production. For three consecutive years (2022-2024), Nghe An has been in the top 10 provinces and cities leading in attracting the highest FDI capital in the country; thanks to doing a good job of "5 readiness", ready in terms of clean land; essential infrastructure; human resources; innovation, reform, substantial improvement of the investment and business environment and readiness to support, Nghe An has been successful in attracting investment. The province strives to attract more than 10 billion USD of FDI capital by 2028.
Investment attraction continues to achieve good results, which is a sweet fruit - an important factor promoting industrial production. Currently, Nghe An's industry continues to recover and develop rapidly. Some new factories after the trial period have had stable commercial products, many new projects have been deployed and put into operation, contributing to the economic growth of the province: electronic components, auto spare parts, solar battery modules; leather shoes; silicon semiconductor panels; camera housings...
The industrial production index in April 2025 in Nghe An is estimated to increase by 19.6% over the same period. Specifically: Mining industry increased by 51.22%; Production and distribution of electricity, gas, hot water, steam and air conditioning increased by 21.08%. Processing and manufacturing industry increased by 18.48% and Water supply, waste and wastewater management and treatment increased by 8.29%.
In the first four months of 2025, the industrial production index increased by 12.31% over the same period. Of which: the mining industry is estimated to increase by 17.58%; the production and distribution of electricity, gas, hot water, steam and air conditioning is estimated to increase by 13.17%; the processing and manufacturing industry is estimated to increase by 12.08% and the water supply, waste and wastewater management and treatment industry is estimated to increase by 9.89%.
The industrial production index increased due to businesses' efforts to find consumer markets, especially foreign markets, so orders increased. Many new projects have been put into stable operation, contributing to the province's economic growth target. Some products increased such as: microphones, charging docks, headphones not connected to microphones, cement clinker, electricity production, sugar, fresh milk, beer cans...
Industrial production activities in the province still maintain growth momentum. Thereby, it contributes significantly to the implementation of the province's socio-economic development tasks with the target of industrial production value in 2025 reaching 130,600 billion VND, an increase of 15.55% compared to 2024.
Mr. Pham Van Hoa - Director of Nghe An Department of Industry and Trade
Source: https://baonghean.vn/thu-hut-dau-tu-cua-nghe-an-tiep-da-tang-truong-tich-cuc-10297349.html
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