Tuyen Quang becomes a bright spot for foreign investment

In recent years, Tuyen Quang has emerged as a promising destination for investors, particularly in attracting foreign direct investment (FDI).

Workers operate weaving machines at DHT Export Packaging Co., Ltd., Phuc Ung Industrial Cluster (Son Duong Commune).

According to the provincial Department of Industry and Trade, the province’s industrial production value in the first 11 months of 2025 is estimated at VND 30.196 trillion, up 21.8% year-on-year; export value reached USD 759.8 million, a surge of 123.7%. This strong growth is largely driven by projects operating across six industrial clusters covering 375 hectares.

To date, the province has attracted 29 projects into industrial clusters with total registered capital exceeding VND 3.3 trillion. Nineteen projects are now operational, creating jobs for more than 8,000 workers. Among them are 17 FDI projects worth over USD 119 million from South Korea, Japan, Australia, China, Taiwan, Hong Kong, Samoa, and others. Several projects have delivered significant contributions to provincial revenue and exports, including Seshin VN2 garment factory, MSA-YB garment plant, Chung Jye footwear factory, Sung Lim PP packaging facility, and Future of Sound Vina audio equipment processing plant.

A standout is the EREX SAKURA biomass fuel plant, a strategic Japanese project valued at nearly USD 20.4 million, applying circular economy principles and international green standards. Erex President and CEO Honna Hitoshi affirmed that the company is ready to expand with additional plants in Tuyen Quang, citing abundant biomass resources and strong provincial support.

Beyond FDI, the 2021–2025 period has seen major domestic investors such as Vingroup, Danko, Flamingo, and Muong Thanh entering the province. In 2025 alone, Tuyen Quang attracted a VND 2.9 trillion, 50 MW biomass power plant in Xuan Van Commune, alongside new eco-tourism, resort, commercial service, and logistics projects.

For 2025–2030, the province aims to elevate investment quality, prioritizing processing and manufacturing, supporting industries, renewable energy, high-tech agriculture, eco-tourism, logistics, and border trade. It plans to improve infrastructure, accelerate the development of new industrial parks, advance digital governance, and enhance administrative reform. Tuyen Quang will also expand global promotion efforts and partnerships with countries strong in capital and technology, such as Japan, South Korea, Germany, and the United States, toward attracting more large-scale, high-value investors.

Trang Tam