Quang Ninh: Groundbreaking of VB Quang Yen Industrial Park spanning nearly 408 hectares, with an investment of 3,740 billion VND
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The event took place in an enthusiastic atmosphere, celebrating the 81st anniversary of the National Day of the Socialist Republic of Vietnam and marking the milestone of Quang Ninh Province becoming Quang Ninh City.
The VB Quang Yen Industrial Park infrastructure construction and business project, invested by VB Nha Mac Joint Stock Company, is being implemented in the Quang Yen Coastal Economic Zone. This area holds a strategic position for regional connectivity, linking with Hai Phong, Hanoi, and major economic centers via highways, seaports, and logistics infrastructure.
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| Drum performance celebrating the groundbreaking ceremony. (Source: Organizing Committee) |
Speaking at the ceremony, Permanent Vice Chairman of the Quang Ninh Provincial People's Committee Vu Van Dien assessed that the implementation of the VB Quang Yen Industrial Park is significant in concretizing Quang Ninh's industrial development orientation. It contributes to completing the industrial park infrastructure system, expanding the production land fund, and creating conditions to attract high-tech, high-value-added processing and manufacturing projects.
According to provincial leaders, once fully invested and operational, the project will help form a modern industrial ecosystem, create jobs, increase budget revenue, promote economic restructuring, and enhance the local competitiveness.
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| Permanent Vice Chairman of the Quang Ninh Provincial People's Committee Vu Van Dien speaking at the ceremony. (Source: Organizing Committee) |
However, Mr. Vu Van Dien emphasised that the groundbreaking is just the beginning. What the province and secondary investors anticipate is an industrial park implemented on schedule, with synchronized infrastructure, convenient procedures, professional services, and a stable investment environment.
Therefore, Mr. Vu Van Dien requested the investor to promptly complete the overall plan and detailed schedule; allocate sufficient financial resources, manpower, machinery, and equipment; select capable consulting units and contractors; and organize scientific, safe construction, ensuring quality and committed progress.
Essential infrastructure components, including transportation, electricity supply, water supply, drainage, wastewater treatment, telecommunications, and service facilities, must be invested in synchronously, ensuring connectivity and meeting the requirements of secondary investors as soon as the industrial park becomes operational.
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| Delegates attending the ceremony. (Source: Organizing Committee) |
Quang Ninh also requires boosting investment promotion during infrastructure construction, selecting secondary projects aligned with industry orientation, technology standards, and environmental protection requirements. The province prioritizes projects with high investment rates, modern management, efficient land use, significant budget contributions, and quality job creation.
The Quang Ninh Economic Zone Management Board is assigned to oversee the overall project progress, coordinating with departments, sectors, and localities to timely guide and support the investor in completing procedures. Issues within authority must be resolved quickly and decisively; those beyond authority must be compiled and reported to the provincial People's Committee, avoiding prolonged backlogs.
On the administration side, the Quang Ninh Provincial People's Committee commits to continuing to genuinely support investors, maintaining mechanisms for timely addressing difficulties and obstacles; promoting administrative reform, reducing processing time, and continuously improving transportation, electricity, water, and logistics infrastructure serving industrial parks.
The management spirit emphasised by provincial leaders is “clear responsibility, clear progress, clear results”, providing maximum support while complying with the law and ensuring sustainable development.
Towards a green industrial park linked with logistics and seaports
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| CEO of VB Holdings Joint Stock Company Do Van Binh expressing gratitude. (Source: Organizing Committee) |
In a response speech at the ceremony, CEO of VB Holdings Joint Stock Company Do Van Binh expressed gratitude for the attention and direction of Quang Ninh provincial leaders and the support of the Economic Zone Management Board, departments, sectors, and local authorities during the project preparation process.
According to Mr. Do Van Binh, the coordinated efforts of functional agencies have helped resolve a large volume of project work in a short time, laying the foundation for the project to continue on schedule, ensuring quality, and soon becoming operational.
VB Holdings representatives affirmed that the VB Quang Yen Industrial Park is not merely an investment project but also a component in the local industrial-service-logistics development strategy.
Adhering to the provincial leaders' directives, VB Holdings Joint Stock Company commits to seriously implementing the following: Firstly, organizing project implementation according to planning, in compliance with the law, ensuring quality, progress, and absolute safety during construction.
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| Delegates pressing the button to commence the VB Quang Yen Industrial Park infrastructure construction and business project. (Source: Organizing Committee) |
Secondly, prioritizing the development of a green, modern industrial park model linked with logistics and seaports, in line with Quang Ninh's marine economic and industrial development orientation.
Thirdly, strengthening close coordination with departments, sectors, and local authorities during project implementation; promptly addressing arising difficulties and obstacles, ensuring smooth and effective project execution.
Fourthly, focusing on environmental protection, resource-saving, applying advanced technology, while paying attention to job creation, training, and developing local human resources.
“VB Holdings will enhance coordination with departments, sectors, and local authorities to promptly address arising difficulties and obstacles, while concretizing commitments into programs and action plans in each implementation phase,” CEO Do Van Binh affirmed.
With a scale of nearly 408 hectares and a total investment of 3,740 billion VND, the VB Quang Yen Industrial Park is expected to supplement the industrial land fund, create additional space to attract investment in the Quang Yen Coastal Economic Zone, and promote the linkage between industry, services, logistics, and seaports, contributing to new growth momentum for Quang Ninh in the next development phase.
| On August 27, Quang Ninh simultaneously commenced 25 projects and works across various fields, celebrating the milestone of the province becoming a centrally governed city. The 25 projects and works are implemented in fields such as industry, urban areas, social housing, technical infrastructure, services, contributing to concretizing development orientation, mobilizing social resources, and completing the local infrastructure system. The commencement of 25 projects and works demonstrates the scale of resources mobilized and Quang Ninh's new development orientation, from industry and logistics to urban areas and social housing. The province requires projects to be implemented according to planning, law, ensuring quality, progress, and safety; investing in synchronized technical and environmental infrastructure. Investment attraction is focused, prioritizing high-tech, clean technology, high value-added, and the ability to link with domestic enterprises. The implementation process must ensure a harmonious balance of benefits for the state, businesses, and people, linking economic development with social welfare and environmental protection. |




