According to the draft, by 2050, Hung Yen strives to become a smart industrial province, focusing on attracting investment in high-tech industries, applying artificial intelligence, associated with building and developing smart industrial parks.
The province prioritizes developing supporting industries and high technology; developing industries associated with urbanization and services, while promoting the advantages of post-merger development space.
The merger of old Thai Binh province into Hung Yen has significantly expanded the development space, especially towards the marine economy. The new development perspective is to combine the advantages of the coastal area of the old Thai Binh area with the domestic industrial zone of the old Hung Yen area, in order to form a diverse industrial complex, integrating both urban and marine industries.
In parallel with the long-term planning orientation, Hung Yen Provincial People's Committee has just issued a decision to establish 4 new industrial clusters, including Minh Hai 2, Van Nhue, Bac Son 1 and Bac Son 2.

In which, Minh Hai 2 Industrial Cluster has a scale of nearly 65 hectares, located in Lac Dao commune. This area has an advantage in connectivity when the East borders the Tu A River and the North-South economic road, and the West borders Minh Hai 1 Industrial Cluster.
Van Nhue industrial cluster has an area of about 52 hectares, belonging to Nguyen Trai commune. The Northwest borders a new residential area, cultivated land and Tan Phuc - Vong Phan road; the Southwest borders provincial road DT.386. The project has a total estimated investment of more than 480 billion VND, invested by Van Nhue Industrial Infrastructure Investment and Development Joint Stock Company as the infrastructure investor. This industrial cluster prioritizes attracting the fields of electronics, semiconductors, energy, metal processing and treatment, precision mechanics, machinery production - manufacturing and industries suitable to the province's industrial development strategy.
For Bac Son 1 and Bac Son 2 Industrial Clusters, Hung Yen Provincial People's Committee approved ECOBA Hung Yen Industrial Infrastructure Investment Joint Stock Company as the investor. The two clusters are located in Pham Ngu Lao commune, each cluster has an area of 75 hectares, with a total estimated investment capital of nearly 1,900 billion VND.
Bac Son 1 Industrial Cluster borders provincial road DT.387, existing residential area and Bac Hung Hai river dike; Bac Son 2 Industrial Cluster borders DT.387 and existing residential area, adjacent to Bac Son 1 planning area. These two clusters are oriented to attract light industry and high-tech industry, including food processing, textiles, footwear, furniture, electronic components, pharmaceuticals, medical equipment, digital technology, automation and supporting industries.