In recent years, Nghe An province in central Vietnam has risen strongly as a promising destination for multinational corporations and consistently making its mark on Vietnam’s foreign direct investment (FDI) map.

According to the Foreign Investment Agency (FIA) under the Ministry of Finance, Nghe An has so far attracted 177 FDI projects with a total registered capital of over $6 billion, ranking 17th nationwide in terms of FDI attraction.

Notably, Hong Kong (China) is currently the largest investor in the province, with 29 projects and a total registered capital of $2 billion. In terms of trade, Nghe An’s export turnover to Hong Kong (China) reached more than $201 million in 2024 and nearly $189 million in the first half of 2025, while imports stood at $261.6 million and $182 million, respectively.

The province is currently stepping up efforts to further attract investment from Hong Kong (China)'s investors in the coming period.  Mr. Phung Thanh Vinh, Vice Chairman of the Nghe An Provincial People’s Committee, emphasized the province’s aspiration to attract high-quality investment capital in areas where Hong Kong (China) enterprises hold strong advantages, such as electronics, information technology, mechanical engineering and assembly, textiles and garments, innovation, green growth, digital transformation, renewable and clean energy, smart cities, modern healthcare, and education.

These are also the priority sectors that Nghe An province is determined to develop robustly.

To realize this goal, Mr. Phung shared that the province is focusing on implementing its “five readiness commitments” for investors: readiness in planning, essential infrastructure, available land, human resources, and administrative support.

The province also pledged to continue comprehensive administrative reforms, improve the investment and business environment, streamline the apparatus, enhance governance efficiency, accompany enterprises, and create the most favorable conditions for Hong Kong's projects to succeed sustainably and over the long term in Nghe An.

Investors from Hong Kong (China) also highly value Vietnam’s investment environment and are actively stepping up their investment in the province in the coming times.

According to Mr. Michael Lin, Vice Chairman of the Hong Kong Business Association Vietnam (HKBAV), remarked that in the context of dynamic global production and supply chain shifts, combined with its strategic location, synchronized infrastructure, and abundant resources, Nghe An represents an attractive destination for Hong Kong enterprises to seize new opportunities, enhance competitiveness, and pursue sustainable growth.