Over 6 billion USD in investment poured into Hung Yen in the first 8 months of 2025: A new signal of growth

Hung Yen makes strides in attracting investment with numerous large-scale projects

According to the Hung Yen Department of Finance, in August 2025 alone, the province recorded 26 new investment projects and 7 projects with increased capital, totaling registered capital of over $ 300 million USD.

Cumulatively from the beginning of the year, the capital inflow into Hung Yen surpassed 6.3 billion USD, including 144 domestic projects with a total capital of over 4.7 billion USD and 99 foreign direct investment (FDI) projects with nearly 1.6 billion USD. This figure continues the impressive growth momentum from previous months: by the end of July 2025, Hung Yen had attracted an additional 840 million USD, reaching 84% of the annual target in just seven months.

Following administrative consolidation, the effectiveness of investment attraction has become more evident. In the first eight months of the year, Hung Yen welcomed many large-scale projects, serving as a new "boost" for development. Notable examples include the "Trump International Hung Yen" urban complex, an eco-tourism and golf course project with a total capital of over 1.5 billion USD, and Subdivision A of the Northern Highway 5 Urban Area, which saw its capital increased to 1.4 billion USD. These projects not only have significant economic value but also open up prospects for a modern urban landscape and high-quality services, fundamentally transforming the province's development structure in the years to come.

Secretary of the Provincial Party Committee Nguyen Huu Nghia, Thai Ambassador Urawadee Sriphiromya, and Director of the Department of Foreign Affairs and Cultural Diplomacy Le Thi Hong Van pose for a photo with delegates attending the "Connecting Thailand in Hung Yen" Business Forum.

FDI inflow is also accelerating rapidly. In just the first eight months of the year, FDI into Hung Yen exceeded 1.6 billion USD, with 99 new projects licensed. Many major corporations continue to expand their operations here, notably CTP (Netherlands), Haemologic Biotech (Australia), along with major investors in high-tech sectors such as Nitto, Molex, Arizon, Hoya, Nippon Mektron, and Titan Corporation. This is clear evidence of the appeal of Hung Yen's modern industrial infrastructure, transparent business environment, and strategic connectivity.

Across the province, there are currently nearly 3,900 active investment projects, including 903 FDI projects and over 3,000 domestic projects, with a total registered capital of approximately 41 billion USD. In industrial zones and economic zones alone, Hung Yen has attracted over 1,100 projects, comprising 544 FDI projects and 581 domestic projects, with a total registered capital exceeding 19 billion USD. This provides a solid foundation for Hung Yen to continue its breakthrough, aiming to join the leading provinces in the country in attracting investment.

The Trump International Hung Yen project holds significant importance for the socio-economic development of Hung Yen province, boosting growth and economic transition.

Infrastructure launchpad and administrative reforms create new momentum

One of the advantages of helping Hung Yen attract investors is its increasingly complete strategic infrastructure system. The Ninh Binh – Hai Phong Expressway (CT.08), the Thai Binh – Ha Nam Expressway (CT.16), and Hanoi Ring Road 5 (CT.39), along with a synchronized national highway system, have created favorable conditions for logistics, trade, and industrial development. Notably, the Ba Lat liquid port project in Hung Phu commune, spanning over 68,500 m² with a capacity of 150,000 tons/year, is capable of receiving 3,000-ton ships and is set to open an important trade gateway for Hung Yen in the near future.

Alongside transportation infrastructure, the province also proactively stabilizes the supply of construction materials, encouraging the use of recycled materials to reduce costs and ensure progress for large-scale projects. This sustainable approach not only attracts new investments but also facilitates the early operation of projects.

In addition to infrastructure, Hung Yen's investment environment is also being significantly improved. The provincial government is committed to disbursing public investment capital at 100% of the plan, prioritizing key transportation projects, new urban areas, commercial and service housing, and creating a strong ripple effect for production and business, while attracting additional secondary investors.

The signing ceremony of the memorandum of cooperation between Korean and Vietnamese enterprises at the "Meet Korea 2025" Conference, organized by the Ministry of Foreign Affairs in collaboration with the Korean Embassy in Vietnam and the People's Committee of Hung Yen Province at Ecopark Urban Area (Van Giang), on May 14, 2025.

Notably, Hung Yen is persistently implementing decisive administrative procedure reforms, aiming towards a service-oriented government model, which reduces administrative procedure processing time by 30–50% compared to regulations, with investment registration certificates issued in just 1–2 days. Land procedures have also been significantly streamlined thanks to the application of the Vilis (Vietnam Land Information System) software, reducing processing time by 25–50% and saving up to 70% of workload.

Moreover, the province regularly organizes dialogues and meetings with businesses to listen and resolve difficulties, thereby creating a transparent, friendly, and open investment environment. This is a crucial factor helping Hung Yen score points with the business community, especially international investors seeking a safe and effective destination in Vietnam.

Given to the combination of favourable geo-economic location, synchronized connectivity infrastructure, transparent policies, and strong investment inflows, Hung Yen is moving closer to becoming a new growth pole of the Red River Delta. In the upcoming period, the province is well-positioned to become a significant industrial and service center, making a valuable contribution to the country's sustainable development goals.

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