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Nghe An attracts nearly 1 billion USD of FDI capital in 10 months of 2025

Thanh Duy November 4, 2025 08:52

On the morning of November 4, the People's Committee of Nghe An province held a regular meeting for October 2025 under the chairmanship of comrade Le Hong Vinh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee.

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Scene of the regular meeting in October 2025 of the People's Committee of Nghe An province. Photo: Thanh Duy

Co-chairing were comrades: Bui Thanh An - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee; Nguyen Van De - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee; Hoang Phu Hien - Member of the Provincial Party Executive Committee, Vice Chairman of the Provincial People's Committee; Phung Thanh Vinh - Member of the Provincial Party Executive Committee, Vice Chairman of the Provincial People's Committee.

According to the report at the meeting, investment attraction continues to be a bright spot in the socio-economic development picture of Nghe An. In October alone (until October 30, 2025), the whole province approved investment policies and granted investment registration certificates to 7 projects with a total capital of more than VND 2,427 billion; adjusted 21 projects, of which 5 increased capital, with a total increase of more than VND 718 billion. Thus, the total newly granted and increased investment capital in the month reached more than VND 3,145 billion.

In the first 10 months of 2025, Nghe An approved investment policies and granted investment registration certificates to 63 projects with a total registered capital of nearly VND 13,760 billion; at the same time, adjusted 168 projects, of which 47 projects increased capital with a total increase of more than VND 23,279 billion. The total newly granted and adjusted investment capital reached VND 37,039 billion.

Notably, the foreign direct investment (FDI) sector continued to record outstanding results. In the 10 months, Nghe An granted new licenses to 19 FDI projects, with a total registered capital of 301.9 million USD, accounting for 30.2% of the number of projects and 55.7% of the total investment capital of the province. In addition, 15 FDI ​​projects were adjusted to increase capital, with a total increase of 675.3 million USD. The total newly granted and adjusted FDI capital reached 977.2 million USD.

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Production of optical electronic components at Radiant Opto - Electronics Vietnam Nghe An Factory in VSIP Industrial Park. Photo: Thanh Duy

Some major projects that have attracted investment include: VSIP Nghe An III Industrial Park 52.5 million USD; VSIP Nghe An Residential Area Project - Casa Bonita 88.84 million USD; Sunny (Vietnam) smart optical technology production project at WHA Industrial Park 11 million USD; VSIP Nghe An Residential Area No. 3 Project 66.53 million USD...

Some projects have adjusted their total investment to increase significantly, such as: Mega Textile - Vietnam Project increased by 350 million USD, Fu Wing Interconnect Technology Co., Ltd. Project in WHA Industrial Park increased by 150 million USD, Andromeda Export Footwear Manufacturing Factory in Hoang Mai Industrial Park I increased by 32 million USD; Luxshare Technology Factory (Vietnam) increased by 50 million USD...

The fact that many existing projects have increased their capital shows the increasingly strong confidence of the business community and investors in Nghe An's investment and business environment. This is also a positive signal, reflecting satisfaction with the province's infrastructure, quality of administrative services and stability in policies.

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Nghe An attracts nearly 1 billion USD of FDI capital in 10 months of 2025
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