Investor Destination

There are 222 FDI projects in Thai Nguyen province, with a total capital of nearly 11 billion USD. Photo taken at KSD Vina Co., Ltd. (Diem Thuy Industrial Park).

Thanks to flexible responses, both provinces have created an open and effective investment environment. In the past 5 years, the total social investment capital of the two provinces combined reached 347,000 billion VND, an average of nearly 75,000 billion VND/year.

The transportation network has been expanded and connected, facilitating trade between regions from Bac Kan to Thai Nguyen and vice versa. In particular, the new National Highway 3: Hanoi - Thai Nguyen - Cho Moi Bac Kan - Cao Bang and the Vietnam - China border gate have opened a door wide enough to welcome investors.

Conveniently located on the way to Hanoi , as well as connecting to neighboring provinces and international border gates, especially with abundant and quality human resources, many investors have chosen Thai Nguyen and Bac Kan as their destinations.

Up to now, in the two provinces, there are 1,095 domestic investment projects, with a total registered capital of nearly 1.24 million billion VND. Thai Nguyen alone has 910 projects, with a total capital of 1.01 million billion VND; Bac Kan has 185 projects, with a total capital of 23,794 billion VND. In attracting investment, Thai Nguyen has a more favorable geographical location, while Bac Kan has favorable human resources and always strives to develop the economy.

In the past 5 years, Thai Nguyen has attracted 161 investment projects with a total capital of more than 67,000 billion VND, including 125 projects outside industrial parks with a capital of more than 64,300 billion VND and 36 projects in industrial parks with a capital of more than 3,000 billion VND.

Bac Kan attracted 71 projects with a total capital of nearly 14,400 billion VND, including 67 projects outside industrial parks with a capital of nearly 13,700 billion VND and 4 projects in industrial parks with a capital of 682 billion VND.

To date, the province has 222 FDI projects with a total capital of nearly 11 billion USD. Along with FDI capital, the private economic sector has demonstrated an increasingly important role in contributing to GDP, creating jobs and spreading the spirit of entrepreneurship.

From 2021 to the end of June 2025, Thai Nguyen has nearly 5,000 newly established enterprises, with a total registered capital of nearly 55,000 billion VND. Meanwhile, Bac Kan has 794 newly established enterprises, with a total capital of nearly 11,200 billion VND.

In Thai Nguyen province, there are often about 10,000 people ready to participate in the labor market.

The two provinces combined, their strength was multiplied, creating a new Thai Nguyen with more than 13,000 operating enterprises, with a total registered capital of nearly 188,000 billion VND. This is an impressive figure in the first stage of the two provinces' merger, clearly reflecting the trend of private economic development as an important pillar, contributing to promoting local economic growth in a sustainable and modern direction.

The private economy is encouraged to develop, and the collective economy is also of interest to the province. Currently, Thai Nguyen has 5 cooperative unions and 762 cooperatives. Bac Kan has 2 cooperative unions and 459 cooperatives. In the past 5 years, Thai Nguyen and Bac Kan have established 455 new cooperatives. Most cooperatives have maintained effective operations, mainly in the fields of agricultural and forestry production, agricultural product processing, OCOP product development, community tourism, and handicrafts, contributing to job creation and improving people's income.

On the integration journey, Thai Nguyen has continuously improved its investment environment, promoted administrative reforms, made procedures transparent, shortened licensing time, and supported businesses in accessing land, credit, and markets. These efforts are creating a strong attraction, firmly consolidating the trust of the business community, and gradually building Thai Nguyen into an ideal destination for domestic and foreign investors.