Boosting investment attraction to industrial clusters

Tuyen Quang Province is stepping up efforts to attract investment into its industrial clusters, identifying them as a key driver of economic growth in the coming years.

The province has planned 40 industrial clusters covering 1,565 hectares. To date, 17 clusters have been established with a total area of more than 810 hectares, drawing 43 registered projects in nine clusters with total pledged capital of nearly VND 8.2 trillion. The average occupancy rate has reached over 52 percent, with six clusters currently under infrastructure development.

Between 2021 and 2025, the province’s industrial sector recorded an average annual growth rate of nearly 10.7 percent in added value. In 2025 alone, total industrial production value is estimated at over VND 33 trillion, up more than 16 percent year-on-year, making a significant contribution to GRDP growth and local budget revenues. Provincial leaders have identified industrial development, particularly investment in industrial parks and clusters, as the main engine of economic expansion. Efforts are underway to improve technical and digital infrastructure and accelerate administrative reforms to enhance competitiveness and investor confidence.

Phuc Ung Industrial Cluster has achieved an occupancy rate of nearly 98 percent of registered investment projects.

Following administrative boundary adjustments, the province’s industrial development space has expanded, enabling better utilization of land, natural resources and labor. Several clusters have posted high occupancy rates, including Phuc Ung (nearly 97 percent), Thang Quan (nearly 88 percent) and Minh Son 2 (100 percent). Investment has focused on agro-forestry processing, construction materials, textiles, mechanics and supporting industries.

However, significant bottlenecks remain. Many clusters lack synchronized infrastructure, particularly centralized wastewater treatment systems, water supply and fire prevention facilities. Some clusters, such as Km 38 in Nam Dich Commune and Tan Thanh Industrial Cluster, have yet to complete basic infrastructure or attract secondary investors despite being established years ago. Land clearance delays, limited local budget resources and insufficient incentive policies have further constrained progress.

To address these challenges, the province is prioritizing investment in essential infrastructure, streamlining administrative procedures and promoting a transparent, investor-friendly environment. Tuyen Quang also aims to pursue green and sustainable industrial development, prioritizing projects that apply modern, environmentally friendly technologies and use resources efficiently.

With limited room for expanding large-scale industrial parks, maximizing the effectiveness of industrial clusters is seen as crucial to achieving the province’s growth targets and positioning Tuyen Quang as a regional hub for agro-forestry processing in northern Vietnam.

Duy Tuan