September 24, 2025 | 07:30

Nghe An attracts over $4 bln in investment from Chinese enterprises

Nguyễn Thuấn

China is also the central province’s largest trading partner, with export turnover reaching $547 million in 2024 and nearly $400 million in the first half of 2025.

Nghe An attracts over $4 bln in investment from Chinese enterprises
Workers at Luxshare-ICT, a major Chinese investor in Nghe An.province.

Central Vietnam's Nghe An province is emerging as an attractive destination for Chinese enterprises.

The province has attracted 64 FDI projects from China, with a total investment of $4.1 billion, accounting for 70% of FDI capital in its economic zones and industrial parks. Many of these projects are large-scale and utilize advanced technologies.

China is also Nghe An’s largest trading partner, with export turnover reaching $547 million in 2024 and nearly $400 million in the first half of 2025.

Beyond investment and trade, Nghe An sent over 21,000 workers to China during the 2023–2024 period, contributing to improved incomes and fostering people-to-people exchanges.

This information was shared during a working session between Nghe An’s delegation and the Vietnamese Embassy in China on September 21.

The session was part of a broader local promotion program in South Korea and China, jointly organized from September 16 - 25 by the Ministry of Foreign Affairs and Vietnam’s diplomatic missions in both countries.

Currently, Nghe An has established friendly relations with Hunan and Guangxi provinces of China, cooperating in areas such as trade, investment, culture, education, healthcare, and tourism. These connections are expected to create momentum for attracting more investment from Chinese corporations and enterprises in the near future.

According to Vietnam's Ambassador to China Pham Thanh Bình, bilateral trade turnover between the two countries in the first eight months of 2025 reached $159.9 billion, up approximately 22% year-on-year. China is now the third-largest foreign investor in Vietnam, with $3.13 billion in registered capital during the same period, marking a 37.6% increase compared to the previous year.

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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