Ha Tinh is a strategic destination on the national investment map.

(Baohatinh.vn) - With more than 1,550 licensed investment projects and a total registered capital of more than VND550,000 billion, Ha Tinh is a strategic destination on the national investment map...

Good soil gives sweet fruit

The success of investors is a measure of the success of the province. With that spirit, during the past term, Ha Tinh has continuously strived to build a favorable, transparent and friendly investment and business environment, while gradually creating the image of a dynamic government that always accompanies businesses, taking businesses as the center of service.

Deputy Prime Minister Nguyen Chi Dung and provincial leaders visited the production line of VinFast Electric Car Factory.

Vice Chairman of the Provincial People's Committee Tran Bao Ha emphasized: "The provincial leaders always determine that each investor coming to the locality not only brings capital and technology but also opens up opportunities for sustainable socio-economic development for the province. In particular, investment projects contribute to creating jobs, improving the quality of human resources, and increasing budget revenue. Therefore, the province is committed to always accompanying businesses, and at the same time proactively removing all obstacles, creating the most favorable conditions for investors to confidently deploy production and business."

That commitment does not stop at words. Ha Tinh has established consulting groups and working groups to support businesses, shortened the time for granting investment licenses, strongly reformed administrative procedures and was flexible in preferential policies. Every problem of businesses is received and handled promptly. With continuous and unceasing efforts, over the past 5 years, Ha Tinh has affirmed its position as one of the leading attractive investment destinations in the North Central region.

The North Central LNG Warehouse Project in Vung Ang Economic Zone has a total project investment capital of about VND 26,735.5 billion.

As of September 2025, the province has attracted more than 1,550 projects, with a total registered capital of up to VND550,000 billion (equivalent to more than 22 billion USD). Of which, there are 73 FDI projects, with a total capital of more than 16.1 billion USD, bringing Ha Tinh to the top 9 nationwide in attracting foreign capital flows.

Vung Ang Economic Zone has played a strategic role in attracting investment in Ha Tinh in recent times. Currently, this area has attracted 156 projects, including 56 FDI projects with a capital of over 16 billion USD and 100 domestic projects with a total investment of over 85,000 billion VND.

Along with Formosa Ha Tinh Steel Corporation, which currently contributes up to 31% of the province's GRDP and creates jobs for more than 17,000 workers, is the "big guy" Vingroup Corporation with a series of large projects: Vincom, Vinhomes, VinFast, VinES and recently, in August 2025, Vinhomes Industrial Park in Vung Ang, with a scale of nearly 965 hectares, total capital of more than 13,276 billion VND, focusing on automobile production, components, logistics and high technology has been started.

Mr. Nguyen Viet Quang - Vice Chairman and General Director of Vingroup Corporation said: "Not only is Ha Tinh blessed with a strategic geographical location, it also leaves its mark in the eyes of investors thanks to a series of other outstanding advantages such as increasingly synchronous and modern traffic and technical infrastructure, which is an important foundation for the implementation of large-scale projects. In addition, local administrative procedures are reformed in a quick and transparent manner, creating maximum favorable conditions for investors. In particular, the biggest plus point of Ha Tinh is the spirit of companionship and proactive support from all levels."

After operating the 2-level local government model, the work of handling administrative procedures for businesses and people has been smooth and rhythmic.

In addition, a series of other famous investors have also chosen Ha Tinh as a destination such as: Vung Ang 1 Thermal Power Plant (investment capital of 1.56 billion USD); Vung Ang 2 Thermal Power Plant project (investment capital of 2.2 billion USD); Haivina Hong Linh Company Limited (21 million USD); Hanoi - Nghe Tinh Beer (1,215 billion VND); Nghe Tinh Fiber Factory (600 billion VND)... The projects operating in Ha Tinh have contributed about 60% of the province's GRDP; 65% of the budget revenue, creating jobs for 98,000 workers with an average income of 8-10 million VND/month.

According to Mr. Nguyen Duc Thang - Deputy Director of the Department of Finance, investors are increasingly asserting their important role in the socio-economic development process in the area. In particular, it is to enhance the position and strength of Ha Tinh in the integrated economy. In addition, the development of this economic sector has also contributed to promoting the improvement of investment and business institutions, in line with the international integration process as well as practical requirements for Ha Tinh.

New term, new expectations

In the 2025-2030 period, Ha Tinh aims for an average growth rate of gross regional domestic product (GRDP) of 10% or more, of which industry and construction account for 51%. Export turnover by 2030 will reach 4 billion USD. The province strives to have 18-20 thousand enterprises operating in the economy by 2030...

Vung Ang Economic Zone is increasingly affirming its role as the growth engine center of the province.

To achieve the set goals, the province has identified investment attraction as one of the key solutions. Accordingly, Ha Tinh continues to invest in upgrading modern transport and logistics infrastructure systems, effectively connecting with key economic centers at home and abroad. Along with that is the work of training and attracting quality human resources, especially in the fields of high-tech industry and digital transformation; making efforts to create an open investment environment, shortening the time for project approval and implementation, thereby improving competitiveness and attracting strategic investors.

Vice Chairman of the Provincial People's Committee Tran Bao Ha emphasized: "Ha Tinh is committed to always being a reliable partner, accompanying businesses in the spirit of cooperation and development. The province is determined to create a dynamic and sustainable business ecosystem, thereby becoming a strategic destination for domestic and foreign investors."

“In the coming time, the province will focus on implementing the Provincial Planning for the period 2021-2030, with a vision to 2050 according to the Prime Minister's decision. Focus on improving the quality of human resources, especially high-quality human resources to serve industrialization, modernization and international integration. At the same time, strengthen domestic and international investment promotion with focus. In addition, the province will regularly organize dialogues between provincial leaders and enterprises to promptly remove difficulties, creating a favorable, transparent and effective investment environment" - Vice Chairman of the Provincial People's Committee Tran Bao Ha emphasized.

VinFast Ha Tinh Electric Car Manufacturing Plant is located in Vung Ang Economic Zone, is one of the leading advanced electric vehicle manufacturing facilities in Vietnam and the region.

The Deputy Director of the Department of Finance also said: “To maximize development advantages, the financial sector will continue to focus on improving competitiveness, especially in key areas such as planning, land, investment, etc. At the same time, promote propaganda and dissemination to the business community about international economic integration, competition regulations and trade agreements so that investors can be more confident when reaching out to the global playing field.”

“Regarding the resource attraction strategy, the Department of Finance will continue to advise the province to prioritize the selection of investment projects with high added value, creating many jobs, contributing greatly to the budget, applying modern and environmentally friendly science and technology, aiming at sustainable and quality development. The financial sector also regularly monitors the progress of project implementation, promptly grasps investors' difficulties to advise on appropriate solutions. In addition, it will resolutely review and handle the recovery according to regulations of approved projects but slow implementation without legitimate reasons in order to free up land funds, creating opportunities for investors with real capacity - Mr. Nguyen Duc Thang emphasized.

Nearly 400 workers of Ha Tinh Garment Factory 10 determined that developing the factory strongly is also contributing to the economic development of the province.

According to economic experts, in order for Ha Tinh to continue to be an attractive destination, the immediate focus is on strategic infrastructure investment, including upgrading Vung Ang seaport, developing inter-regional transport systems, and expanding industrial parks. At the same time, the province is promoting the maximum reduction of time for investment procedures, and transparent information through the electronic portal system. Aiming to attract quality capital flows, prioritizing areas such as processing industry, high technology, renewable energy; strengthening connections with key markets such as Japan, Korea, EU, USA, etc. In addition, the province focuses on developing human resources and small and medium enterprises, promoting vocational training, supporting startups, especially in the fields of technology and innovation.

With relentless efforts, we believe that in the coming time, Ha Tinh will continue to be an ideal "destination" for domestic and international investors, contributing to helping the province realize its socio-economic development goals for the 2025-2030 period.

Source: https://baohatinh.vn/ha-tinh-dang-la-diem-den-chien-luoc-tren-ban-do-dau-tu-quoc-gia-post296205.html