Thai Hoa – Vinh Phuc Industrial Park: Showcasing Investment Potential at London Event

On June 11, 2024, a delegation from Vinh Phuc Province, led by Provincial Party Secretary Dang Xuan Phong, successfully hosted an Investment Promotion Event in London, United Kingdom, as part of an official European business trip through Sweden, the UK, and Spain. This event affirmed Vinh Phuc’s position on the global investment map and introduced Thai Hoa Industrial Park as a strategic destination for international investors, particularly from the UK. Attendees included Vietnamese Ambassador to the UK Do Minh Hung, CEO of the London Chamber of Commerce and Industry Karim Fatehi, along with representatives from leading UK enterprises.

Foreign direct investment (FDI) inflows into Vietnam have been growing strongly, creating favorable momentum for this event. According to the CBRE Vietnam Market Outlook 2024, total registered FDI in the first half of 2024 reached USD 15.19 billion, up 13.1% compared to the same period last year. The Ministry of Planning and Investment (MPI) recorded this number as USD 31.4 billion in the first 11 months of 2024, a 1% increase over 2023. Additionally, according to aseanbriefing.com, the European Union (EU) has invested EUR 28 billion (approx. USD 30.6 billion) across 2,450 projects in Vietnam, focusing on high-tech and manufacturing, benefiting from the EU-Vietnam Free Trade Agreement (EVFTA).

(CBRE Vietnam 2025 Real Estate Market Outlook)

At the event, Vice Chairman of the Vinh Phuc Provincial People’s Council Ha Quang Tien presented the province’s investment attraction strategy, focusing on sectors such as artificial intelligence, electric vehicles, and finance. These industries align with global trends and meet the demands of international investors seeking opportunities in Southeast Asia, strengthening the province’s regional competitiveness.

Ms Dam Thi Bich Ngoc, CEO of Amane Investment Joint Stock Company, introduced Thai Hoa Industrial Park as a strategic investment hub. Approved in 2009 under Official Letter No. 1581/TTg-KTN and launched Phase 1 in 2021 under Decision No. 283/QD-TTg, the park features synchronized infrastructure and attractive incentive policies. Its location connected via National Highway 2B and the Noi Bai – Lao Cai Expressway, along with a young labor force from Phu Tho and Tuyen Quang, makes it an ideal environment for high-tech and sustainable production projects.

(Ms Dam Thi Bich Ngoc speaks about investment opportunities at Thai Hoa – Vinh Phuc Industrial Park)

The event in London marked a major step in the international integration of Thai Hoa Industrial Park. With modern infrastructure and support from Amane, the park meets the diverse needs of investors while opening up opportunities for long-term cooperation, particularly with the UK market. This highlights Vinh Phuc’s efforts to elevate its position in the regional FDI landscape.

(Delegates take commemorative photos on the sidelines of the conference – Source: vinhphuc.gov.vn)

Thai Hoa – Vinh Phuc Industrial Park is affirming its role as a bridge between Vietnam and international markets. To explore detailed information about investment opportunities and support policies, investors are invited to consult our official channels.

 

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