>> Investment "poured" heavily into Yen Bai in the first quarter of the year

>> Yen Bai strives to attract at least 45 investment projects in 2025

>> Yen Bai – An attractive destination for investors

>> Yen Bai synchronizes solutions to attract investment

>> In the first quarter of 2025, Yen Bai issued investment policy decisions for 12 projects

>> Yen Bai: 39 projects granted investment approval decisions in 2024

With many synchronous solutions, the province has promoted attracting investment capital into industrial parks (IPs), bringing about clear results, gradually affirming its position as the "magnet" of the region, creating an important driving force to promote economic growth and improve people's lives.

Yen Bai is no longer the "end point" on the map, but has become a strategic "gateway", connecting the vast Northwest region with the vibrant economic center of the country. This "hinge" position is maximized thanks to the Noi Bai - Lao Cai expressway - a vital route that has become a lever, opening the door to trade, quickly connecting to Noi Bai International Airport, Hai Phong seaport and important international border gates.

Along with the synchronous investment and upgrading of the intra-provincial transport network, Yen Bai is forming an effective logistics ecosystem, creating a competitive advantage in terms of costs for investors.

On well-planned plots of land, key industrial parks in the South such as Minh Quan and Au Lau are wearing a modern industrial "coat". The province has focused resources on investing in synchronous infrastructure and a clear demonstration of this attraction is the impressive occupancy rate, by the end of the first quarter of 2025, the Southern Industrial Park reached 84.96% (area A) and 100% (area B+C), Minh Quan Industrial Park reached 91.16%, and Au Lau Industrial Park reached 81.23%. Inside the industrial parks, internal infrastructure is being urgently completed: internal roads in Minh Quan Industrial Park are gradually taking shape; resettlement areas and main axes in Au Lau Industrial Park are ready to welcome people and serve production.

In particular, Yen Bai pays great attention to developing green industry by prioritizing the construction of centralized wastewater treatment systems with large capacity, ensuring sustainable development in harmony with beautiful nature. This is the province's clear commitment to an investment environment that is not only effective but also responsible. Site clearance is also an important "key" that the province focuses on removing obstacles, preparing clean land funds to welcome investors.

To truly "roll out the red carpet" and attract investors most effectively, Yen Bai does not only stop at investing in physical infrastructure, but also creates a truly dynamic and friendly investment environment.

Efforts to reform administrative procedures are clearly demonstrated through the announcement of 3 new lists of administrative procedures by the Industrial Park Management Board, standardizing processes, improving transparency and efficiency of handling. The results of the first quarter of 2025 are proof: 31 administrative procedure records were received, 23 records were processed, with a correct and early completion rate of 96%. The "one-stop shop" model at the Industrial Park Management Board has been effective, helping investors quickly resolve problems.

Regular dialogues between the government and businesses are not just a formality but a real bridge to listen, resolve difficulties, and strengthen investors' confidence. In addition, competitive investment incentives - from tax exemptions and reductions, land rent incentives to support for land leveling and labor training - further increase the attractiveness, encouraging strategic investors to choose Yen Bai as a destination. Human resources in Yen Bai are also a great advantage, with the industrious and studious characteristics of the mountain people promoted through vocational training programs, ready to meet the needs of advanced technology projects.

The development of industrial parks is not only reflected in economic growth figures or investment capital but also exists in the vibrant life here. The sound of operating machines, the sound of trucks carrying goods, the cheerful laughter of thousands of workers are the sounds of change, vivid proof of that.

In the coming time, Yen Bai province continues to set a target of increasing the occupancy rate of existing industrial parks by 5%. To achieve this goal, the province will focus on removing difficulties and obstacles for slow-progressing projects, while prioritizing the completion of essential infrastructure projects such as wastewater treatment systems. Key projects that play a driving role such as Tran Yen Industrial Park (phase I) invested by Viglacera Corporation will be promoted for rapid implementation.

Discussing this issue, Mr. Vu Minh Tuan - Deputy Head of the Provincial Industrial Park Management Board said: "The Management Board determined that it is not only necessary to increase the occupancy rate but also to attract high-quality, advanced technology and environmentally friendly projects. We are mobilizing maximum resources to speed up infrastructure progress, site clearance and resolutely handle projects that violate or are behind schedule. At the same time, we continue to promote administrative procedure reform, apply digital transformation in management, and create the most favorable conditions for businesses to invest, produce and do business effectively and sustainably."

With strategic steps, long-term vision and high determination to act, Yen Bai is overcoming prejudices about mountainous localities to affirm itself not only as a destination, but also as a starting point for dreams of sustainable industrialization. The province is ready to accompany investors, turning industrial parks into "homes" to incubate and develop ideas that shape the future.

Van Thong