April 29, 2026 | 14:38

Thai Nguyen kicks off 10 projects worth over $310 mln

Pham Long

The portfolio of projects spans various sectors, including industrial park and cluster infrastructure, social housing, residential areas, and investment for the development of precious medicinal herb regions.

Thai Nguyen kicks off 10 projects worth over $310 mln
Manpower and machinery have been mobilized to implement the Dong Tien Social Housing Project in Van Xuan Ward. (Photo: VOV)

Thai Nguyen province, northern Vietnam, on April 28 simultaneously commenced construction on 10 key projects to celebrate the 51st anniversary of the Liberation of the South and National Reunification Day (April 30).

The projects represent a combined investment of over VND8.2 trillion (approximately $311 million), reported the online newspaper "The Voice of Vietnam (VOV)."

The portfolio of projects spans various sectors, including industrial park and cluster infrastructure, social housing, residential areas, and investment for the development of precious medicinal herb regions.

Notably, the province is prioritizing social welfare with four social housing projects. These projects carry a total investment of over VND5trillion ($190 million) and are expected to provide approximately 5,000 apartments. This move is a concrete step toward Thai Nguyen’s target of completing 60,000 social housing units by 2030.

Regarding industrial infrastructure, the province broke ground on Phase II of the Thanh Binh Industrial Park, covering more than 80 ha with an investment of over VND493 billion ($18.7 million). Additionally, construction began on the Ha Chau 1 and Ha Chau 2 industrial clusters, spanning 93 ha with a total investment exceeding VND1.35 trillion ($49 million).

Mr. Tomita Takahisa, Chairman of the Board of Onsen Fuji Group—the infrastructure developer for Thanh Binh Industrial Park Phase II—noted that the project is expected to attract 30 to 40 secondary investors.

Speaking at the ceremony, Chairman of the Provincial People's Committee, Mr. Vuong Quoc Tuan, emphasized that despite ongoing global economic challenges, the province remains committed to rapid and sustainable development.

He stated that Thai Nguyen’s strategy focuses on modern industry, high-quality services, and synchronous infrastructure as primary drivers. He further highlighted that the province views digital transformation, green transition, and human resource quality as its foundation, with citizens and businesses at the center of all development efforts.

In the early months of 2026, Thai Nguyen continued to lead the country in attracting Foreign Direct Investment (FDI), reaching nearly $5.7 billion. 

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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