Vinh Long develops industrial parks and clusters, creating growth momentum

Binh Minh Industrial Park

Economic growth drivers

In order to increase investment attraction, exploit potentials and advantages, and serve local socio-economic development, in recent times, Vinh Long province has focused on mobilizing resources to develop industrial parks/industrial clusters, complete infrastructure, create clean land, connect traffic, train human resources... to be ready to receive production and business projects.

Currently, Vinh Long province has operating industrial parks, including Hoa Phu Industrial Park and Binh Minh Industrial Park. These two industrial parks have synchronous technical infrastructure, located on a convenient waterway and road traffic axis with the seaport system of the Mekong Delta, so the investment attraction situation has achieved positive results.

Specifically, Hoa Phu Industrial Park has an area of 250.97 hectares, located in Hoa Phu Commune, Long Ho District, adjacent to National Highway 1, about 10 km from the center of Vinh Long City, about 20 km from the center of Can Tho City. Up to now, this Industrial Park has attracted 39 investment projects, with a total registered capital of more than 2,284 billion VND and nearly 645 million USD, filling 99.29% of the industrial land area.

Binh Minh Industrial Park has a scale of 134.82 hectares, located in My Hoa commune, Binh Minh town, along the approach road to Can Tho bridge (Vinh Long side), only about 5 km from the center of Can Tho city, adjacent to Binh Minh port, Cai Cui port (Can Tho city) and about 10 km from Can Tho international airport. At Binh Minh Industrial Park, there are currently 34 investment projects with a total registered capital of nearly 1,096 billion VND and more than 383 million USD, the industrial land area has been leased 91.19 hectares, the occupancy rate is 91.59%.

Investment projects in Hoa Phu Industrial Park and Binh Minh Industrial Park mainly operate in the following fields and industries: Shoe production; garment; production of feed for livestock, poultry and aquatic products; agricultural product processing; food processing; production and processing of spare parts, auxiliary parts, components and equipment for automobiles and other motor vehicles; production of paper packaging and plastic granules; production of cosmetics and cleaning products; engine production; production of horizontal hydraulic jacks; handicrafts; warehousing and storage of goods; cold storage...

According to the Management Board of Industrial Parks of Vinh Long province, the production and business activities of secondary investment projects in industrial parks in the province are quite good. In 2024, the industrial production value (at 2010 comparative prices) of enterprises in Hoa Phu Industrial Park and Binh Minh Industrial Park reached more than 23,600 billion VND, accounting for 71.43% of the province's total value (33,037.476 billion VND). The export value reached nearly 724 million USD, accounting for nearly 70% of the province's total value (1,035.458 million USD). The total budget revenue was 503.09 billion VND.

In the first 6 months of 2025 alone, the production and business situation of enterprises in industrial zones has seen remarkable growth. Specifically, the industrial production value (at 2010 comparable prices) reached VND 11,475.5 billion, up 48.53% over the same period in 2024; export value of 370.56 million USD, up 38.46% over the same period in 2024; total budget revenue of 321.21 billion VND, up 90.12% over the same period in 2024.

The above figures show that enterprises in industrial parks have made many positive contributions, creating momentum to promote economic growth in Vinh Long province. Along with that, foreign direct investment (FDI) enterprises also bring advanced technology and production techniques, helping to improve production quality and efficiency; promoting the development of domestic enterprises by creating demand for supporting products and services, thereby developing domestic supply chains. At the same time, cooperation between FDI enterprises and domestic enterprises can lead to the transfer of knowledge, management experience and professional skills, contributing to improving the competitiveness of industries.

In addition to economic efficiency, industrial parks also bring social efficiency, creating more job opportunities for local workers. As of May 15, 2025, Vinh Long industrial parks have attracted 52,924 workers; not only reducing the unemployment rate, but also improving the skills of the workforce in Vinh Long.

Creating land fund to welcome investment projects

According to Decision No. 1759/QD-TTg dated December 31, 2023 of the Prime Minister approving the Planning of Vinh Long province for the period 2021 - 2030, with a vision to 2050, in addition to the two industrial parks that have come into operation, Hoa Phu Industrial Park and Binh Minh Industrial Park, by 2030, when meeting all the conditions and standards as prescribed, Vinh Long province will establish 3 new industrial parks in Binh Minh town, Binh Tan and Mang Thit districts. Continue to research and expand Hoa Phu Industrial Park when land use indicators are supplemented by competent authorities.

Implementing the planning, up to now Vinh Long province has established 2 more industrial parks: Dong Binh Industrial Park and Gilimex Vinh Long Industrial Park, with a total area of 605 hectares, the expected industrial land for lease is 443 hectares.

Of which, Dong Binh Industrial Park, located in Dong Binh and Dong Thanh communes, Binh Minh town, has a scale of 350 hectares, total investment capital of nearly 3,027 billion VND, invested by TNI Vinh Long Investment Joint Stock Company.

Regarding the progress of implementation, according to the Management Board of Vinh Long Industrial Parks, up to now, the project has been approved by the Vinh Long Provincial People's Committee for the 1/2000 scale zoning plan and the Prime Minister has approved the investment policy. The Provincial People's Committee has issued a decision to establish Dong Binh Industrial Park, the Ministry of Natural Resources and Environment (formerly) has approved the Environmental Impact Assessment Report, and the Ministry of Construction has appraised the Construction Investment Feasibility Study Report. The project is preparing to carry out site clearance work.

Gilimex Vinh Long Industrial Park is located in Thanh Loi Commune, Binh Tan District, with a scale (phase I) of 255 hectares, a total investment capital (phase I) of nearly VND 2,572 billion, invested by Gilimex Vinh Long Industrial Park Joint Stock Company. Up to now, the project has been approved by the Provincial People's Committee for a 1/2000 zoning plan and the Prime Minister has approved the investment policy. The Management Board has issued an Investment Registration Certificate to implement the project in phase I with an area of 255 hectares. The Binh Tan District People's Committee has approved the detailed construction planning project at a scale of 1/500 of Gilimex Vinh Long Industrial Park (phase I). The Ministry of Natural Resources and Environment has approved the Environmental Impact Assessment Report. The project is in the process of implementing site clearance.

In addition, Vinh Long province and the investor, Long Hau Joint Stock Company, are carrying out investment procedures for the An Dinh Industrial Park project, planned to be built in An Phuoc commune, Mang Thit district, with an area of 200 hectares and a total estimated investment capital of more than VND2,414 billion.

In addition to the above industrial parks, according to the plan to 2030, Vinh Long province has 9 industrial parks including: Trung Nghia industrial park (Vung Liem district), area of 47.97 ha; Thuan An industrial park (Binh Minh town), area of 62.84 ha; Tan Binh industrial park (Binh Tan district), area of 40.72 ha; Hoa Tinh industrial park (Mang Thit district), area of 74.56 ha; Truong Tho industrial park (Vung Liem district), area of 50 ha; Phu An industrial park (Tam Binh district), area of 64 ha; Song Phu industrial park (Tam Binh district), area of 75 ha; Vinh Thanh industrial park (Tra On district), area of 60 ha and My Loi industrial park (Tra On district), area of 50 ha.

Of which, there are currently 3 industrial parks established: Trung Nghia industrial park (already in operation); Thuan An industrial park and Tan Binh industrial park.

In order to promptly meet the increasing demand of enterprises and investors for premises to implement production and business projects in the locality, Vinh Long province has increased support and urged investors to urgently speed up the construction of infrastructure in Dong Binh Industrial Park and Gilimex Vinh Long Industrial Park, along with calling for investment in developing planned industrial parks and clusters.

Regarding the orientation of attracting investment (secondary projects) into industrial parks and industrial clusters, Vinh Long province prioritizes attracting enterprises with modern technology, environmentally friendly, and economical use of land and water resources.

Source: https://baodautu.vn/vinh-long-phat-trien-cac-khu----cum-cong-nghiep-tao-dong-luc-tang-truong-d309472.html