Nghe An: Affirming its position as a new "growth pole" through FDI inflows.
During the 2021-2025 term, with the motto "rolling out the red carpet for investors" and decisive administrative reforms, Nghe An has set "new records" in attracting investment. From its position as a "low-lying area," the Southeast Economic Zone has risen strongly, bringing Nghe An into the top 10 localities attracting the largest FDI capital in the country for three consecutive years. Billions of dollars in investment have not only transformed the infrastructure but also affirmed its position as a dynamic growth pole in Central Vietnam.
In 2025, despite global economic fluctuations, the Southeast Economic Zone will continue to affirm its leading role under the close leadership of the Provincial Party Committee, the Provincial People's Council, and the Provincial People's Committee. Reporters from Nghe An Newspaper and Radio and Television had an interview with Mr. Le Tien Tri - Head of the Southeast Economic Zone Management Board - about these achievements and prospects.
Key breakthroughs in 2025
Reporter: Sir, 2025 will see many large-scale FDI projects coming into operation. What are the key breakthroughs that will contribute to making Nghe An a regional industrial hub in the North Central region?
Mr. Le Tien Tri:2025 is the year to reap the rewards of persistent reforms to the investment environment. This year's investment attraction results demonstrate the transformation of the Southeast Economic Zone with three major breakthroughs:
Regarding the scale and quality of capital flows:Total investment capital in 2025 is estimated to reach nearly 31,000 billion VND, exceeding the plan by 23%. Notably, FDI capital continues to boom, exceeding 1 billion USD. Large corporations such as Foxconn and Mega Texlite have continuously adjusted their capital upwards by hundreds of millions of dollars, demonstrating long-term confidence in the investment environment here.
Regarding integrated industrial infrastructure:Industrial parks such as VSIP, WHA phases 1 and 2, and Hoang Mai I have been rapidly filled; VSIP 2 and 3, WHA 2, and Hoang Mai 2 are continuing to accelerate land clearance, infrastructure completion, and have also attracted several large projects. These are "magnets" that meet international standards and satisfy the stringent requirements of global investors.
Regarding the supply chain ecosystem:By 2025, a complete supply chain for electronic components and smart devices will be established. Supporting businesses will be able to supply each other within the Economic Zone, minimizing logistics costs and increasing competitiveness.
Large-scale projects such as Sunny, Radiant, Luxshare, and Runergy have not only directly contributed to export turnover and the budget, but have also helped Nghe An shift its revenue from land to sustainable production and business. The Southeast Economic Zone currently plays a "nucleus" role, connecting the coastal industrial strip of Central Vietnam, making the province a true economic engine of the region.
Capital flow quality: Towards international standards
Reporter: Besides the impressive figures, how do you assess the quality of FDI flows into Nghe An in the recent period?
Mr. Le Tien Tri:The period 2021-2025 marked a significant qualitative leap forward. The economic zone and industrial parks attracted 80 new projects and 51 projects with increased capital. The total investment reached US$5.68 billion, accounting for over 97% of the province's total FDI (US$5.83 billion).
The quality of capital flows is reflected in three aspects:
Technology and fields:Focusing on high-tech industries such as electronic components, new energy, precision engineering, and high-tech textiles, this creates a safe, modern, and environmentally friendly working environment.
Work skills:Working with multinational corporations has enhanced the awareness, skills, and work methods of workers according to international standards. The average income of workers in the economic zone and industrial parks is over 9 million VND/month, higher than the provincial average.
Spillover effects:The presence of professional infrastructure investors has created a synchronized ecosystem of urban areas, services, healthcare, and education, contributing to an improved quality of life for the community.
Prospects and strategies for the "Leading Crane" in the coming period.
Reporter: What is your assessment of the prospects for attracting investment, especially FDI, in the coming years?
Mr. Le Tien Tri:We forecast an even more positive outlook for 2026 and beyond, driven by five key factors:
Strategic infrastructure is complete:The North-South high-speed railway, the expressway through Nghe An, the upgrading of Vinh International Airport, and the commencement of construction of the Cua Lo deep-water port (expected to be operational in early 2027) will create a huge competitive advantage. In addition, the Quynh Lap LNG power plant project, connected to the Dong Hoi seaport, will be implemented in early 2026, ensuring energy security for industrial production.
Available clean land:Currently, the VSIP, WHA, and Hoang Mai industrial parks have over 1,000 hectares of land available, of which more than 600 hectares are cleared land, ready to receive large-scale investment immediately.
Solving the labor problem:We have experience in connecting with and attracting workers. The province is expanding accommodation facilities and worker housing near industrial zones to attract manpower from remote areas and other provinces, ensuring a sustainable labor supply.
"One-Stop Shop" Reform:Nghe An is committed to further decentralization and delegation of power. Our motto is to accompany investors from the licensing stage to the start of production. All procedures related to construction, environment, and labor will be handled in the most streamlined manner within the economic zone.
The "Leader Crane" effect:Having attracted leading global electronics corporations has created a natural appeal for satellite investors in the global supply chain.
We believe that, with the professionalism of infrastructure investors such as VSIP, WHA, and Hoang Thinh Dat, Nghe An will successfully realize its investment attraction goals for the 2026-2030 period, continuing to be a safe and effective destination.
Reporter: Thank you, sir!
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