How Quang Ninh is becoming a strategic investment hub for businesses

Quang Ninh continues to maintain its position among the leading provinces nationwide as its Provincial Competitiveness Index (PCI) ranks among the top five. (Photo: Mr. Vu Bang)

According to a report by the Department of Finance of Quang Ninh Province, in the first six months of 2026, total domestic investment capital outside the budget in the area reached 119,169 billion VND, including 48 newly licensed projects and 7 projects with increased capital adjustments.

Moreover, foreign direct investment (FDI) capital flows remained stable, reaching approximately 760 million USD, reinforcing Quang Ninh's role as an attractive destination for both domestic and foreign investors.

Notably, the investment in the construction and business of industrial park infrastructure in the province saw a breakthrough with six projects registering a total capital of about 25,699 billion VND, tripling the planned target.

Among these, there are two FDI projects with a total capital of nearly 437 million USD and four domestic investment projects with a total capital of over 14,190 billion VND. This serves as a resource to complete the infrastructure of industrial parks, create land reserves, and favorable conditions to continue attracting secondary production projects, expanding the province's industrial development space in the coming years.

Alongside attracting new investments, the mining land also focuses on resolving difficulties and promoting projects to commence operations soon. In the first half of the year, 9 out of 12 projects were completed and put into operation, adding new production capacity, creating more jobs, increasing industrial production value and export turnover, and contributing positively to the province's economic growth.

Building trust with the business community

The aforementioned results demonstrate that Quang Ninh has not only succeeded in attracting new capital flows but also built trust with the business community through a transparent, open investment environment and genuine government support.

To achieve this, Quang Ninh has identified improving the investment environment and developing industrial parks and economic zones as one of the key solutions to promote growth.

From the beginning of the year, the province directed specialized units to proactively build investment promotion programs, review the list of priority projects to focus on attracting fields with high added value such as processing, manufacturing, high technology, supporting industries, logistics, and industrial park infrastructure.

Simultaneously, the locality continues to innovate business support methods towards being proactive, accompanying enterprises right from the project preparation stage.

The Management Board of Quang Ninh Economic Zone frequently works with strategic investors to understand their needs for production expansion, guide them in completing dossiers, shorten the time for appraisal, grant investment registration certificates, and accelerate project implementation.

Difficulties related to investment procedures, construction, land, environment, site clearance, labor, etc., are promptly addressed through dialogues with businesses and the involvement of departments, sectors, and localities.

Additionally, promoting decentralization and delegation to units effectively implementing the "one-stop, on-site" mechanism; digitizing records, providing online public services, and enhancing digital transformation applications have shortened the time for processing procedures and reduced costs for businesses.

The province's efforts have been recognized. Quang Ninh continues to maintain its position among the leading provinces nationwide as its Provincial Competitiveness Index (PCI) ranks among the top five, while the PAR Index and SIPAS both rank second out of 34 provinces and cities. The Business Performance Index (BPI) of Quang Ninh also ranks third nationwide, clearly reflecting efforts to improve the business environment, reduce compliance costs, and support businesses.

Thanh Cong Automobile Factory in Quang Ninh. (Source: Thoi bao Tai chinh)

An exemplary model of a friendly, people-centred administration

At the conference to unify the Investment Promotion Program and the Plan to Attract Foreign Direct Investment (FDI) in Quang Ninh Province in 2026 held earlier this year, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Quang Ninh Province Bui Van Khang stressed that entering a new development phase, Quang Ninh is determined to maintain growth rates; at the same time, improve growth quality, investment efficiency, and competitiveness of the economy, strongly promoting the role of the private economic sector and actively integrating deeply into regional and global value chains.

“To realize this goal, the province commits to genuinely, effectively, and long-term accompany businesses and investors; creating the most favourable conditions during project implementation, from infrastructure, premises, human resources to transparent, stable mechanisms and policies.

In particular, it is necessary to quickly complete the procedures for adjusting planning under the authority of the Prime Minister and central ministries and sectors; at the same time, accelerate the appraisal and approval process as well as the preparation procedures for new investment projects.

Communes, wards, and special zones focus maximally on site clearance for ongoing projects, especially industrial park and industrial cluster infrastructure projects, ensuring land reserves to attract more new investment projects in 2026,” Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Quang Ninh Province affirmed.

Quang Ninh commits to genuinely, effectively, and long-term accompany businesses and investors; creating the most favorable conditions during project implementation, from infrastructure, premises, human resources to transparent, stable mechanisms and policies. (Photo: Tong Thoan)

The business community and investors highly appreciate the mining land's efforts to "transform" to attract investment. Sharing with Bao The gioi va Viet Nam, Ms. Nguyen Thai Ha, Chairwoman of the Members' Council of Hon Gai Medical Supplies Company, assessed that Quang Ninh is one of the leading localities nationwide in terms of investment environment.

She noted: “During the survey and investment promotion process, we found that information on planning and legal investment procedures is always publicly, transparently, and detailedly guided by the locality so that investors can easily access and implement.

In addition, the enthusiastic attention and direction of the provincial leaders are also one of the important factors creating favourable conditions for investors during project implementation", Ms. Nguyen Thai Ha emphasized.

Regarding the quality of public administration and the support provided by the Quang Ninh provincial administration during project implementation, Ms. Ha noted that throughout the process, businesses have consistently received strong support and close cooperation from provincial leaders, departments, agencies, and local authorities.

The Chairwoman of the Members' Council of Hon Gai Medical Supplies Company expressed: “Proposals, recommendations, as well as the legal procedures of the project, are always decisively directed by the provincial leaders. The handling and resolution of legal project procedures are quickly resolved by the People's Committee, departments, and localities, thereby helping businesses shorten the time and cost of project implementation.

We believe that Quang Ninh is one of the leading localities and an exemplary model for the "Friendly Government Serving the People" approach that the Party and State are aiming for".

From the perspective of an investor, Ms. Nguyen Thai Ha hopes that Quang Ninh will continue to make strong breakthroughs to become a major urban area of regional and international stature, being one of the important economic engines of the country.

She affirmed: “We consider Quang Ninh a strategic investment location, a locality with a favourable, transparent investment environment. The province's breakthroughs in the coming years are also opportunities for sustainable development for businesses. With the desire to contribute a small part to the province's development process, we will continue to research and implement new investment projects in line with the local planning and orientation".

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