Dong Van IV Industrial Zone in Ha Nam (Photo: Internet)
Ha Nam (VNA) – Authorities in the northern province of Ha Nam have committed support for foreign firms.
They made the pledge during talks with 350 foreign businesses on September 30.
Speaking at the event, Chairman of the provincial People’s Committee Truong Quoc Huy hailed their contributions to local socio-economic development, saying that since the beginning of this year, Ha Nam has drawn 11 foreign and 31 domestic projects, bringing the total to 1,100, including 351 foreign enterprises.
Foreign firms’ industrial production value was estimated at over 85.5 trillion VND, or 70% in the province. Their exports accounted for 85% of the combined 3.48 billion USD and revenue to the State budget at about 3.7 trillion VND, or 50.6% of the total. They also generate jobs for over 79,100 workers.
Secretary of the provincial Party Committee Le Thi Thuy asked foreign companies to support and deliver on their commitments to the province, including ensuring progress and efficiency of projects in tandem with environmental protection; accelerateing transfer of technology and managerial experience to domestic partners; promoting manufacturing-processing, and supporting industry, improving workers’ incomes.
The province will continue pooling resources to build socio-economic infrastructure in a modern and synchronous manner, especially at industrial zones, urban𝄹 and social housing areas for workers in industrial zones and complexes, while promoting vocational🌄 training for workers to meet domestic demand, she said./.
The Ho Chi Minh Communist Youth Union (HCYU) Committee of Ha Nam province had a meeting with a visiting delegation of the Lao People’s Revolutionary Youth Union (LPRYU) Central Committee on July 27.
Industrial parks (IPs) in the northern province of Ha Nam has attracted nearly 61.7 million USD in 10 foreign direct investment (FDI) projects and 3.9 trillion VND (over 166.5 million USD) in 21 domestic ones so far this year.
The northern province of Ha Nam has called for investment from the Republic of Korea (RoK) during an investment promotion conference in Seoul on September 22, which drew about 100 RoK firms.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Dong Van IV Industrial Zone in Ha Nam (Photo: Internet) 
