October 09, 2025 | 14:00

Nghe An attracts strong FDI inflows

Nguyễn Thuấn

Nghe An aims for strong FDI development in the 2025–2030 period.

Nghe An attracts strong FDI inflows
Chairman of Nghe An Provincial People's Committee, Mr. Le Hong Vinh, visits the Luxshare-ICT Nghe An factory at VSIP Industrial Park.

With over VND33.8 trillion ($1.28 billion) in newly registered and adjusted investment capital from domestic investors, along with nearly $870 million in registered FDI capital during the first nine months, Nghe An province in central Vietnam is gradually asserting its position as a destination for domestic and international investors.

According to Mr. Le Tien Tri, Head of the Nghe An Southeast Economic Zone Management Board, the province's success is not accidental but built on the foundation of its "5-Ready" strategy:

First, investment land: the Southeast Economic Zone – the province's industrial development engine – has been expanded to over 80,000 hectares, with 15,000 hectares specifically designated for industrial parks.

Second, synchronous infrastructure: Nghe An is heavily investing in Cua Lo seaport, upgrading Vinh International Airport, and expanding its road and railway networks to form a modern logistics system serving regional and international connectivity.

Third, high-quality human resources: The province closely coordinates with colleges, vocational training institutions, and local authorities to train and supply suitable labor for FDI enterprises – particularly in electronics, mechanics, textiles, and high-tech sectors.

Fourth, Nghe An has been continuously improving its investment environment and administrative reforms.

Finally, the locality selects capable investors, prioritizing high-tech, clean production, and high value-added projects. Thanks to this strategy, Nghe An has attracted numerous major corporations such as Foxconn, Luxshare, Goertek, Everwin, and Juteng, with a total registered investment capital exceeding $1.3 billion.

Building on this growth momentum, Nghe An aims for strong FDI development in the 2025–2030 period. According to its plan, the province will establish 8 to 10 new industrial parks, with a total area of 2,800–3,000 ha; attracting $5–6 billion in FDI capital, focusing on high-tech, green production, and environmentally friendly industries.

Attention
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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