Outstanding achievements in 2025
On September 12, information from Nghe An Provincial People's Committee said that by the end of August 2025, Nghe An had attracted more than VND 19,138 billion in investment capital, including about USD 350 million from the FDI sector. Of which, FDI investment has been newly granted to 10 projects with a total registered investment capital of 94.3 million USD, adjusting capital for 12 projects/e-commerce to increase by 255.8 million USD. To date, the whole province has 169 valid FDI projects, with a total registered capital of more than 5.6 billion USD.
This result shows that foreign capital flows are increasingly confident in choosing Nghe An as a strategic destination for expanding production in Vietnam. A series of world-leading technology corporations such as Luxshare ICT, Foxconn, Goertek, Everwin, Ju Teng, Sunny Optical, Runergy... have appeared and created fundamental changes to the province's industrial structure.
Notably, the Runergy project - a single crystal silicone bar factory worth about 440 million USD - is considered a "steel fist" opening a new direction for the energy and high-tech industry in Nghe An. At the same time, the Quynh Lap LNG power plant project with a scale of 1,500 MW, with an investment capital of 2.11 billion USD, is completing procedures. When put into operation, this will be one of the largest energy projects in the Central region, playing a key role in industrial development.
In the Southeast Economic Zone, 2024 and 2025 will witness a strong explosion with 20 newly certified projects and 20 projects adjusted to increase capital, with a total value of VND 41,766 billion - exceeding the set target by 208% and accounting for more than 68% of the total registered capital in the province. This breakthrough reflects the special attraction of Nghe An in the context of many other localities also trying to compete for FDI.
Towards high-quality capital flows
Along with 8 existing industrial parks with a total area of 2,5702,600 hectares, an average occupancy rate of 5356%, Nghe An is implementing a plan to establish 4 new industrial parks, expanding 760 hectares. The land fund is ready for about 859 hectares, concentrated in strategic locations such as VSIP, WHAIZ, Hoang Mai, Tho Loc... This is an important premise to welcome the wave of high-tech FDI and supporting industries.
FDI capital flows have directly impacted the labor market. As of 2025, the number of employees working at FDI enterprises in the area will reach more than 45,000 people, an increase of 78% compared to 2019. It is expected that by the end of 2025, industrial parks will need to recruit more than 70,000 new workers, of which many businesses such as Luxshare ICT, Ju Teng, Everwin... each unit need thousands of employees. To meet this, the government and businesses coordinate to implement many support policies such as housing allowances, lunch, diligence bonuses, and transportation support.
Not only contributing to employment, FDI also helps Nghe An industry grow significantly. In the first 8 months of 2025, the industrial production index increased by 16.41% over the same period. Of which, the production and distribution of electricity, gas, hot water, steam and air conditioning increased by 27.56%; Mining and mineral industry increased by 18.31%; Processing and manufacturing industry increased by 15.19%; Water supply, waste and wastewater management and treatment activities increased by 10.45%.
According to Chairman of Nghe An Provincial People's Committee Le Hong Vinh, to maintain competitive advantage, Nghe An persists in the 5-ready" strategy: infrastructure, clean land fund, human resources, preferential policies and a friendly administrative environment. At the same time, the province is promoting administrative procedure reform, applying digital transformation, and transparently publicizing investment processes to create maximum convenience for investors.
Nghe An has gone from a locality that has not been considered an FDI bright spot to one of the new industrial "capitals" of the Central region, opening up expectations for a period of breakthrough and solid development from foreign capital.
From 2022 to present, Nghe An has continuously made its mark when it attracted nearly 1 billion USD in FDI in 2022, 1.58 billion USD in 2023, and nearly 1.75 billion USD in 2024, rising to 8th place nationwide. For 3 consecutive years, Nghe An is in the top 10 localities in the country in attracting FDI, a major turning point after many years of persistent improvement in the investment environment.
