Tuyen Quang’s industry achieves rapid, strong, and sustainable growth

During the 2020–2025 term, Tuyen Quang has made significant achievements in industrial development, creating a solid foundation for economic growth and investment attraction.

Workers producing wooden furniture at Woodsland Tuyen Quang JSC.

According to the provincial Department of Industry and Trade, industrial production value grew at an average annual rate of 14.9% in the 2021–2025 period, exceeding the target by 0.5%. Export value rose by an average of 10.5%, surpassing the plan by 0.2%. These results stem from the province’s proactive policies and effective implementation of the Provincial Master Plan for 2021–2030 with a vision to 2050, which integrates the development of industrial parks, clusters, energy infrastructure, and the provincial power grid.

Between 2020 and 2025, 16 industrial clusters were established, covering 783.6 hectares with registered investment capital of VND8,888 billion, achieving a land occupancy rate of about 57%. Six newly established clusters, totaling 628 hectares, attracted over VND6,200 billion in registered investment. Of these, 32 projects have already gone into operation. Notably, Xuan Van Industrial Cluster (50 hectares) is being developed with synchronized infrastructure, attracting industries such as agricultural processing, textiles, footwear, wood, and biomass energy.

At the same time, 13 hydropower projects with a combined capacity of 209.5 MW were completed and put into operation, raising the province’s total to 51 hydropower plants and one biomass power plant, with a combined capacity of 1,304 MW. Together, they supply the national grid with more than 4.8 billion kWh annually, contributing over VND4,500 billion to industrial production value and about VND1,000 billion to the state budget each year.

The province has also advanced administrative reforms and improved the investment climate, with 100% of business registration applications processed online and results delivered via public postal services. This has attracted major investors such as Japan’s Erex Corporation, VinGroup, Danko, and Korea’s KIDO, who are developing projects in the province.

For the 2025–2030 period, the Department of Industry and Trade targets annual industrial production index growth above 8% and an average export growth rate of 15.9%. Investment attraction will continue to prioritize projects in wood processing, mechanical engineering, electronics, and renewable energy, with a commitment to sustainable, environmentally friendly development. At least one smart industrial cluster is planned for establishment during this period.

Tran Lien