Vinh Long strongly attracts new capital flows, economy moves positively

(Chinhphu.vn) - In the first 9 months of 2025, investment activities in Vinh Long recorded a clear change with a sharp increase in the number of projects, high registered capital, improved exports, revenue, and disbursement. This is an important premise for the province to continue to make breakthroughs in attracting investment, developing infrastructure, and improving the business environment in the last months of the year.

Trade Promotion Fair - Rural Industrial Products and OCOP of Vinh Long province in November 2025

Perfecting mechanisms and expanding incentives to create a foundation to attract investment

According to the report of the Department of Finance of Vinh Long province, in the first 9 months of 2025, Vinh Long has focused on completing the legal corridor to create an open and stable investment environment. The Provincial People's Council issued Resolution 248/NQ-HDND dated September 10, 2025 , approving the list of land plots for bidding for land-using projects. This is an important step to expand the fund of eligible projects calling for investment, especially in the field of electricity business, an industry with great demand for infrastructure and technology application.

In addition, the Provincial People's Committee also completed the review and promulgation of the List of key projects to attract non-budgetary capital for the period 2025-2030 in Decision No. 1542/QD-UBND dated October 6, 2025, ensuring consistency with the post-merger situation and orientation for the development of new economic -urban spaces.

Notably, implementing Decree 239/2025/ND-CP , Vinh Long province has announced 32 special investment incentive areas and 77 investment incentive areas according to Decision No. 2074/QD-UBND dated October 28, 2025. Clearly identifying preferential areas helps the province be more proactive in its policies to attract strategic investors, especially in areas requiring large resources such as renewable energy, high-tech agriculture , supporting industries and logistics.

Not only issuing policies, Vinh Long also focuses on implementing strong decentralization according to Law No. 90/2025/QH15. Many capital projects that were previously under the authority of the Prime Minister are now decentralized to localities for approval. This facilitates shortening the appraisal process, reducing waiting time and helping businesses implement projects faster. This is considered an important step, directly improving the Provincial Competitiveness Index (PCI) in the coming time.

The number of projects, registered capital and capital contribution transactions all improved.

The most prominent feature of the investment picture in the first 9 months of 2025 is the sharp increase in the number of new and adjusted projects . The province has received 47 investment approval dossiers , issued approval decisions for 40 projects , an increase of 42% over the same period and an estimated increase of 56% for the whole year. Along with that, the province received 26 adjustment dossiers , of which 23 projects were approved for adjustment .

Regarding investment licensing, the province received 29 applications for Investment Registration Certificates and issued all of them, an increase of 31% , including 28 projects subject to investment policy approval . The figures all show that the province's investment environment is being evaluated more positively, creating confidence for domestic and foreign enterprises.

The adjustment of Investment Registration Certificates also recorded positive results with 23 projects granted adjustments , up 21% over the same period. This is a signal that investors continue to expand their operations, add scale or production lines, a positive sign in local industrial development.

Another important highlight is the bustling capital contribution and share purchase activities. In just 9 months, 3 foreign investors registered to contribute capital/purchase shares in enterprises in the province with a total value of 10.15 million USD (267,218 billion VND) , an increase of 54% over the same period. This is a flexible form of investment, requiring little infrastructure but having a positive impact on capital flow and corporate governance capacity.

Visitors enjoy free Flattened Rice at the Trade Promotion Fair - Rural Industrial Products and OCOP of Vinh Long province 11/2025 - Photo: VGP/LS

Revenue, exports and employment all increased.

Along with investment attraction, production and business indexes in the first 9 months of 2025 all changed positively. Total revenue of enterprises reached 122,337.86 billion VND and 0.68 million USD , up 8.97% over the same period.

Export activities, a strong sector of Vinh Long, recorded significant growth. Total export turnover reached 2.702 billion USD , up 18.36% and reaching 76.54% of the yearly plan . Of which, the FDI sector accounted for 71.08% , and the domestic enterprise sector accounted for 28.92% .

The main export markets are still the United States (32%) , Japan (17%) , China (15%) and the EU (11%) . The group of products with strong export growth belongs to agricultural products, especially coconut, durian and coconut products .

On the other hand, import turnover reached 1.365 billion USD , up 10.38% , mainly serving production: Raw materials (over 70%), machinery and equipment (5%), vegetables and fruits (6%).

The province currently has 140,588 workers , of which 102,592 are in industrial parks . This figure shows the expansion of the industrial-service sector and the positive impact of new investment projects on the local labor market.

Many outstanding results but there are still "bottlenecks" that need to be removed

Although investment activities in the first 9 months of 2025 achieved many positive results, Vinh Long still faces many fundamental challenges. According to Mr. Nguyen Hoang De, Deputy Director of Vinh Long Department of Finance, one of the biggest barriers is that technical infrastructure and clean land funds have not met the demand. Many land plots take a long time to clear the land, affecting the progress of attracting large-scale projects. This is also the reason why some potential investors are still hesitant when surveying the locality.

Meanwhile, the scale and nature of investment projects are still scattered, mainly concentrated in traditional industries such as processing, manufacturing, trade and services. The province has not yet attracted many leading projects such as high-tech FDI, supporting industries, renewable energy or logistics - areas that can create breakthroughs in growth and improve the quality of the local economy.

Another issue highlighted by the Department of Finance’s report is that investment incentive policies are not yet competitive enough. Although Vinh Long has issued Resolution 01/2023/HDND with support for credit, high technology, technology transfer, etc., the scope of incentives still depends heavily on the central government’s general legal framework, and has not created a distinct advantage compared to neighboring localities.

Not only that, some industrial parks have not been able to receive secondary investors because they are in the process of completing infrastructure and are stuck with the land lease mechanism according to the 2024 Land Law. In particular, the key project in Dinh An Economic Zone has increased compensation and leveling costs, increasing the total investment capital and prolonging the payback period, causing many businesses to hesitate to register.

The lack of synchronous transport infrastructure is also a significant "bottleneck". Many industrial zones along the Hau River are being formed, but National Highway 54 is still narrow, has low load capacity, and the road surface is degraded, limiting the transportation of goods. In addition, a number of important planning projects have not been approved by competent authorities, causing difficulties in implementing zoning plans and attracting investment in functional areas.

The above shortcomings and limitations stem from many causes: Funding sources for site clearance are still limited; people's consensus on compensation is not high; the impact of world economic fluctuations makes businesses hesitant about large projects; and the province does not have a specific mechanism suitable for the post-merger context.

Exhibition displaying typical products of Khmer people in Vinh Long province in November 2025 - Photo: VGP/LS

Focus on infrastructure, clean land fund and planning adjustment

To complete the 2025 goals and build the foundation for the 2026-2030 period, Vinh Long identified the need for strong, focused and strategic solutions.

First of all, Vinh Long province proposed that the Central Government consider allocating medium-term public investment capital to complete the transport infrastructure in Dinh An Economic Zone, which is expected to become the new growth pole of the locality. Synchronous investment in infrastructure in resettlement areas such as Cau Quan, Co Chien or Dong Binh is also an urgent requirement to remove difficulties in site clearance, creating clean land for investors.

At the same time, Vinh Long will continue to review and remove obstacles in land procedures in industrial parks and industrial clusters. This is considered the key to opening up a large enough clean land fund - a factor that strategic investors always put first when choosing a locality.

In terms of planning, the province requested ministries and branches to support in adjusting and updating the provincial planning, and at the same time adding wind power projects to the Power Plan VIII to serve as a basis for bidding to select investors. With natural advantages along the Hau River, developing renewable energy will help Vinh Long diversify its revenue sources and increase its attractiveness in the eyes of foreign investors.

In addition, the province will continue to promote investment with focus and key points, especially with potential markets such as Japan, Korea, EU and India. Actively participating in cooperation forums, market consultation sessions and trade activities will help local businesses expand their networks, improve their competitiveness and better grasp opportunities from free trade agreements.

On the business side, Vinh Long aims to strengthen training programs, technology transfer, integration support, helping local businesses improve the quality of human resources, management and the ability to participate in the global value chain. This is an important factor for small and medium enterprises not only to survive but also to develop sustainably in the context of increasingly fierce market competition.

Thanks to these synchronous solutions, Vinh Long hopes to continue to maintain its growth momentum, strongly improve its investment environment and become an attractive and safe destination for domestic and foreign investors in the coming time.

Le Son

Source: https://baochinhphu.vn/vinh-long-hut-manh-dong-von-moi-kinh-te-chuyen-dong-tich-cuc-102251125123227041.htm