Quang Ninh targets 1 billion USD of FDI to industrial parks
The northern province of Quang Ninh has implemented a series of investment attraction solutions towards luring over 1 billion USD of foreign direct investment (FDI) to industrial parks and economic zones this year.
A factory of Foxconn in Dong Mai Industrial Park, Quang Ninh province (Photo: VNA)
Quang Ninh (VNA) – The northern province of Quang Ninh has implemented a series of investment attraction solutions towards luring over 1 billion USD of foreign direct investment (FDI) to industrial parks and economic zones this year.
Attention has been paid to improving investment management and promotion efficiency; ensuring the rights and interests of investors; strengthening the leadership of Party committees at all levels and the management of authorities, and the engagement of political and social organisations in investment activities.
The locality has given priority to attracting projects using new and advanced technologies with modern management practices and high-added value, and those with ripple effects that connect to global production and supply chains.
It has also concentrated on developing hi-tech and support industrial zones, specialised industrial parks, and industries in anticipation of the 4th industrial revolution.
So far this year, the local authorities have worked with over 100 delegations of foreign investors who come to explore investment opportunities, and seek to expand their investment in the locality, including big firms such as BP of the UK; JTA (Quatar); Jinko Solar and TCL of Hong Kong (China); Lite-On Technology; Tera and Neotek of Taiwan (China); Mitsubishi, Yaskawa Electric, Tamagawa Seiki, and Sojitz (Japan) and China's Pacific Construction Group Ltd (CPCG), and China First Highway Engineering Co., Ltd (CFHEC).
Investment promotion programmes were held by the provincial Investment Promotion and Support Board in late August this year at Samsung Electronics Vietnam (the Republic of Korea), VSIP (Singapore), Unilever Vietnam (the UK); and GreatStar Industrial Vietnam Co., Ltd, and Deli Vietnam Co., Ltd of China.
In the first nine months of 2023, the provincial authorities granted new investment licenses to 19 FDI projects worth 826.54 million USD; and approved capital addition for 36 others, lifting total FDI capital poured into the locality to 853.93 million USD, equivalent to 71.2% of the yearly plan.
Quang Ninh now ranks ninth among localities nationwide in attracting FDI./.
The northern province of Quang Ninh is undertaking drastic measures to become the leading locality in the country in terms of cyber security and safety in 2025.
The value of export-import goods going through the Mong Cai border gate in the northeastern province of Quang Ninh reached nearly 2.5 billion USD in the first nine months of the year, according to the Mong Cai city’s People's Committee.
Under a planning approved by the Prime Minister for the 2021-2030 period with a vision to 2050, the northern province of Quang Ninh has 23 industrial parks (IP), the largest number among localities across the country.
Customs personnel at the Hoanh Mo border gate in the northern coastal province of Quang Ninh had processed customs clearance procedures for 2,045 declarations for traded goods worth close to 63.38 million USD on the Vietnam Automated Cargo and Port Consolidated System (VNACCS/VCIS) as of September 28.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
A factory of Foxconn in Dong Mai Industrial Park, Quang Ninh province (Photo: VNA) 
