The People’s Committee of northern Phu Tho Province held its 2026 Investment Promotion Conference in Ho Chi Minh City on May 29, aiming to strengthen connections with businesses and investors from southern Vietnam.
At the conference,Mr. Bui Hong Do, Director of the Phu Tho Investment Promotion and Business Support Center, announced a list of 175 priority projects for the 2026–2030 period. The projects span six key sectors, including industrial development, urban and housing projects, trade and services, healthcare, education, tourism, agriculture, environmental initiatives, and major regional transport infrastructure.
As part of its strategy to achieve double-digit economic growth, Phu Tho has accelerated administrative reforms and emerged as one of Vietnam’s best-performing localities in economic governance. In 2025, the province ranked among the country’s top five performers in the Provincial Competitiveness Index (PCI), placing second nationwide in access to resources and fifth in government effectiveness.
The province’s business-friendly environment has helped attract substantial investment. During the 2021–2025 period, Phu Tho secured nearly $6 billion in foreign direct investment (FDI) and VND488 trillion (approximately $18.8 billion) in domestic investment. It has also developed a strong supporting-industry ecosystem, with more than 70 supplier companies serving global technology giants such as Samsung, Dell and Apple.
At the conference, Phu Tho authorities awarded investment certificates to four domestic and foreign investors with a combined registered capital of nearly VND7 trillion (approximately $270 million).
Google translate