Tien Giang welcomes US businesses, fostering success
Tien Giang is committed to creating the most favourable conditions for investors, particularly US investors, to explore, collaborate, and grow their businesses within the province. These companies' success drives economic growth and plays a vital role in Tien Giang's sustainable socio-economic development.
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Spanning 2,556.4 km² with a population of nearly 1.8 million, Tien Giang is the gateway to the Mekong Delta, directly connected to Ho Chi Minh City, the nation's most significant economic hub. Its robust transportation network, including National Highway 1A, the Trung Luong - My Thuan Expressway, and an extensive river system, makes Tien Giang a crucial transit point for goods and a strong magnet for regional investment.
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| Rach Mieu Bridge. (Photo: TISA) |
Economic Growth
In 2024, Tien Giang's Gross Regional Domestic Product (GRDP) grew by 7.02% compared to 2023, reaching VND 137,272 billion. This growth was driven by increases in: agriculture, forestry, and fishery (4.0%); industry and construction (10.4%); services (7.6%); and product taxes (5.7%).
Notably, in the first six months of 2025, export turnover is estimated at US$3.35 billion, a 9.5% increase year-on-year. Tourist arrivals also surged by 27% (with international visitors up 26%). Key export products include agricultural and aquatic goods destined for the US, the EU, Japan, Korea, and China.
Tien Giang continues to leverage its agricultural strengths through specialised rice and fruit cultivation. Known as the "fruit kingdom" of Southern Vietnam, its standout products like Cho Gao dragon fruit, Hoa Loc mango, and Ngu Hiep durian are exported to discerning markets such as the US, Japan, and Korea.
With a 32 km coastline, Tien Giang is also a hub for marine economic development, highlighted by high-tech white-leg shrimp farming and commercial clam cultivation. Its inland freshwater areas also boast strong Tra fish and red tilapia farming development, forming a diverse and sustainable seafood value chain.
Tien Giang's industrial sector is steadily emerging as a significant growth driver, anchored by major industrial parks such as My Tho, Tan Huong, and Long Giang. Industries like rice processing, seafood, dried fruit, canned fruit, and frozen fruit continue to attract substantial investment, effectively meeting the demands of both domestic and international markets.
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| My Tho City. (Photo: TISA) |
Promoting Investment Attraction
Tien Giang has been actively leveraging its existing advantages, recognising investment attraction as a crucial force for socio-economic development. The province has simultaneously implemented various solutions to welcome new investment capital, particularly from the US. A continually improving business and investment environment has significantly encouraged domestic and foreign enterprises to invest in the province.
Furthermore, the local government has proposed numerous solutions to attract investment. This proactive approach has been a consistent policy of Tien Giang province's leaders over the years and has yielded positive results. Provincial leaders are committed to creating all favourable conditions for US enterprises to invest and operate their businesses in the locality. The success of these enterprises will positively contribute to the overall socio-economic development of the province.
Tien Giang prioritises enhancing its investment and business environment to attract investment and foster enterprise development. This includes reforming administrative procedures and providing public administrative services in key areas such as investment, labour, construction, and other related business support services. The goal is to ensure the fastest, easiest, and most convenient processing times. The province also implements a one-stop mechanism for handling administrative procedures, coupled with initiatives to promote start-ups, encourage the conversion of business households into formal enterprises, and improve the overall competitiveness of businesses.
Tien Giang has also intensified its review of land use and planning to ensure investors have a solid legal foundation for immediate project implementation after completing investment procedures. The province aims to resolve 100% of administrative procedures under the "one-stop" mechanism on or before schedule, fully meeting all requirements and legal regulations.
Tien Giang actively addresses difficulties and accelerates site clearance to provide investors with "clean land" according to the agreed schedule and plan. Concurrently, it offers active guidance to investors on specific investment registration procedures for projects within the province's industrial parks, such as Long Giang Industrial Park and various Industrial Clusters.
As a result of these efforts, Tien Giang's investment attraction achieved significant positive results in the first six months of 2025. The province attracted 25 new investment projects (an increase of 19 compared to last year), with registered capital totalling VND 4,710.8 billion. Additionally, 12 projects increased their capital, contributing an extra VND 2,085.8 billion. This brings the total attracted capital to VND 6,796.6 billion, representing 84.1% of the amount attracted in the same period last year – a positive sign that underscores Tien Giang's growing appeal to investors.
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| Long Giang Industrial Park. (Photo: TISA) |
Potential and Cooperation Opportunities
For 2025, Tien Giang aims to attract at least 30 new investment projects, including those from the United States, targeting a total newly registered and increased investment capital of VND 18,000 billion or more. The province plans to complete investment policy documents for the Long Trung, My Phuoc 1, My Phuoc 2, and My Phuoc 3 Industrial Clusters. There will be a strong focus on accelerating site clearance progress, investing in infrastructure, and attracting secondary projects to industrial parks and clusters such as Tan Phuoc 1 Industrial Park, Binh Dong Industrial Park, Gia Thuan 1, Gia Thuan 2, and Thanh Tan Industrial Clusters. Investment will also be sought for the Soai Rap Petroleum Service Industrial Park.
Moreover, the province actively seeks investment in tourism, emphasising developing infrastructure and tourist areas in locations like Tan Thanh and Con Ngang. Tien Giang is compiling a list of feasible projects across its four main tourist centres: Cai Be tourist area, Thoi Son islet, Tan Thanh beach, and the Dong Thap Muoi ecological reserve.
Tien Giang prioritises attracting US investors for projects that utilise modern and high technology, employ highly skilled labour, and generate significant and stable budget revenue. Simultaneously, the province commits to expediting site clearance and creating favourable conditions for investors to implement their projects on schedule. Furthermore, Tien Giang will reform administrative procedures within an electronic environment to foster an open and transparent investment climate, encouraging investors to explore and invest in the province. The goal is to continuously improve the quality of investment promotion activities and highlight the province's potential to foreign investors through successful FDI enterprises operating locally and nationwide.
With its well-defined development strategies, increasingly comprehensive transport and industrial infrastructure, and consistent, transparent investment attraction policies, Tien Giang is confident it will remain an attractive destination for both domestic and foreign investors, especially those from the US – truly potential partners in the province's journey toward sustainable, comprehensive, and breakthrough development.
