Nghe An rises to 4th place in the country in terms of Industrial Production Index in the first 8 months of 2025

According to estimates, Nghe An's IIP in 8 months is estimated to increase by more than 16.4%; in August alone, it increased by 19.54% over the same period.

By sector, mining industry increased by 18.31%; processing and manufacturing industry increased by 15.19%.

Production and distribution of electricity, gas, hot water, steam and air conditioning increased by 27.56%; while water supply, waste and wastewater management and treatment also increased by 10.45% over the same period last year.

The important driving force helping Nghe An achieve impressive results comes not only from traditional fields but also thanks to the new wave of investment, with many large-scale projects coming into operation.

Typical examples include: Luxshare - ICT Nghe An Project (151.5 million USD); Ju Teng Electronic Product and Auto Parts Factory Investment Project (200 million USD); Everwin Precision Technology Company Limited (Vietnam) Project (165 million USD); Tan Viet Metal Science and Technology Factory Project of Yongjin Vietnam Metal Science and Technology Company Limited (125.2 million USD).

To maintain the growth momentum in general and the Industrial Production Index (IIP) in particular, the People's Committee of Nghe An province at its recent regular meeting determined to focus on accelerating the progress of a series of projects with a total capital of billions of USD to soon come into operation.

Notable projects include: Luxcase Precision Technology Co., Ltd. (Vietnam) Project (473 million USD); Luxshare - ICT (Nghe An) 2 Project (358.5 million USD); Innovation Precision Vietnam Co., Ltd. Project (165 million USD).

Radiant Opto-Electronics Vietnam Nghe An Factory Project (145 million USD); Goertek Vina Precision Industry Co., Ltd.'s factory manufacturing electronic products, network equipment and multimedia audio products (325 million USD); Fu Wing Interconnect Technology Co., Ltd. (Nghe An) Project (200 million USD);

Sunny Automotive Optical Vina's new facility investment project (150 million USD); Runergy Technology Company Limited's (Vietnam) monocrystalline silicon bar and semiconductor wafer manufacturing factory project (440 million USD).

Not stopping at attracting investment, Nghe An also focuses on developing product consumption markets. The province promotes trade promotion programs, connects supply and demand, promotes e-commerce, and at the same time, links domestic market development with the campaign "Vietnamese people prioritize using Vietnamese goods".

At the same time, the expansion and diversification of export markets are also being vigorously implemented to create sustainable output for industrial products. In particular, ensuring electricity supply for production and daily life in 2025 is identified as a key task to maintain growth.

Rising to the 4th position in the country in terms of Industrial Production Index is an important foundation for the province to continue to make breakthroughs in the final stage of the term, especially to achieve the growth target of 9.5 to 10.5% this year; at the same time, contributing positively to the overall growth of the national economy.