Ha Tinh attracts breakthrough investment thanks to administrative reform

TRẦN TUẤN |

Ha Tinh - 2025 is considered the year Ha Tinh attracts effective investment when approving the investment policy of many large projects.

Mr. Bui Viet Phu - Head of the Department of Enterprise and Investment, Ha Tinh Department of Finance - said that in 2025, Ha Tinh has approved the investment policy of 43 domestic investment projects with a total capital of nearly VND 120,000 billion (an increase of 22 projects, an increase of 7 times the registered capital scale compared to the same period in 2024); at the same time, approved 5 projects with foreign investment capital with a total registered capital of nearly 22.9 million USD.

Notably, Vingroup Corporation alone has invested in many large projects including: Vinmetal Ha Tinh Steel Factory with a total investment of nearly VND 80,000 billion, with a scale of more than 461 hectares; Ky Trinh New Urban Area (Song Tri Ward); Ky Anh Wind Power Plant with a capacity of 400 MW, total investment capital of VND 17,051 billion; Eco Wind Ky Anh Wind Power Plant with a capacity of 500 MW, total investment of VND 22,647 billion.

According to Mr. Phu, Ha Tinh has always paid attention to administrative reform and improving the investment and business environment. Currently, Ha Tinh is ranked 18th in the country with the Administrative Reform Index (PAR Index), up 10 places; the Public Administration Performance Index (PAPI) is ranked 7th in the country, up 1 place; the People's satisfaction index with the services of administrative agencies (SIPAS) is ranked 4th in the country, up 3 places.

Investment promotion activities are actively implemented to call for, connect, and work with large domestic and foreign investors, especially projects in the fields of energy, electronics, industrial park infrastructure, urban areas, education, tourism, organic agriculture, and digital transformation.

At the same time, the province promotes investment promotion through participating in regional investment promotion seminars and conferences; organizing foreign investment promotion working groups; participating in the Vietnam Local Promotion Program in the United States and Canada; working with foreign associations and investors to seek investment opportunities in Ha Tinh.

Mot goc Khu Kinh te Vung Ang - noi thu hut dau tu nhieu du an lon. Anh: Tran Tuan.
A corner of Vung Ang Economic Zone - where many large projects attract investment. Photo: Tran Tuan.

In the coming time, Ha Tinh will focus on selectively attracting investment in projects with high socio-economic efficiency, using advanced, modern, environmentally friendly technology, high added value, using high-quality human resources and creating production chain linkages, focusing on four key industries.

In the industrial sector: encourage investment projects in industrial production, supporting industries, processing and manufacturing industries, and energy industries.

Service - tourism sector: attracting tourism projects, sea services, spiritual tourism (Dong Loc Intersection, Nguyen Du Memorial Area, Huong Tich Pagoda...) to form a tourism value chain.

Agriculture, forestry and fishery sector: attracts investment projects, forms a chain linking production - consumption of agricultural products.

In the urban - housing infrastructure sector: priority is given to urban infrastructure development projects oriented towards public transport at two railway stations in Ha Huy Tap ward and Song Tri ward; large-scale urban area construction projects, housing with synchronous and modern infrastructure, contributing to accelerating the urbanization rate in large cities.

Ha Tinh continues to promote investment promotion with strategic investors who are large domestic corporations, especially enterprises and corporations that have signed a memorandum of understanding on cooperation at the Provincial Planning Announcement Conference such as: Vingroup Corporation, Ecopark Corporation, T&T Corporation, FPT Corporation, etc.

TRẦN TUẤN
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