Million-dollar projects create economic breakthroughs
On August 19, 2025, the factory producing speakers, headphones and smart electronic devices invested by Tonly Vietnam Electronics Engineering Company Limited (TCL Group) in Dong Mai Industrial Park was officially inaugurated and put into operation.
The project started in August 2023, with a total investment of over 88 million USD, a designed capacity of 19 million products/year, creating jobs for more than 4,000 workers. This is Tonly Vietnam's third project in Dong Mai Industrial Park, contributing to the formation of a synchronous production chain with high added value, making this industrial park one of the major production centers of TCL Group.
Mr. Feng Qi Lun - General Director of Tonly Electronics Vietnam Technology Co., Ltd. - said: "The operation of this factory has improved production capacity, helping the company attract more new customers, diversify products, be flexible in integrating component production, and applying modern technology to the production line. The factory's operation is an important milestone in the development of Tonly Vietnam".
According to the Quang Ninh Economic Zone Management Board, the project is expected to bring in revenue of about 600 million USD, contributing nearly 100 billion VND/year to the budget. Along with this project, 12 other projects in the processing and manufacturing industry will be put into operation in 2025, contributing to the implementation of the province's 14% growth target.
Since the beginning of the term, the processing and manufacturing industry of Quang Ninh has attracted 8.98 billion USD in investment capital, of which FDI capital reached 6.74 billion USD. The whole industry maintains an average growth rate of over 21%/year; the proportion in the province's GRDP structure reached 12.83%, an increase of 3% compared to 2020. The processing and manufacturing industry is truly becoming a new growth driver of the economy.
5 important projects of the coal industry
Of the 50 projects and works celebrating the 80th anniversary of the August Revolution and National Day on September 2, the Vietnam National Coal and Mineral Industries Group also started 5 projects with a total investment of more than VND6,000 billion, including: Ha Rang Coal Expansion Mining tunnel Exploitation Project (Hon Gai Coal Company); Exploitation of the Coc Sau - Deo Nai mine cluster (2.7 million tons of coal/year); Exploitation of the coal mine in Tan Yen - Dong Trang Bach mine (0.45 million tons of coal/year); Nam Mau Coal screening plant (2.5 million tons/year); Mining and tunnel workers' apartment building of Nui Beo Coal Joint Stock Company.
In particular, the Ha Rang mine expansion underground coal mining project (hon Gai Coal Company) has a total investment of more than VND 1,400 billion, industrial reserves of 8.93 million tons of clean coal, and an exploitation capacity of 900,000 tons/year for 17 years. It is expected that each year, the project will contribute about 230 billion VND to the State budget.
After 4 years of basic construction, by the first quarter of 2028, the first market will be put into operation, contributing nearly 40% of the raw coal output of the entire Hon Gai Coal Company.
Mr. Vu Van Dien - Permanent Vice Chairman of the People's Committee of Quang Ninh province - said: For projects that have just started construction, the People's Committee of the province requires localities to consider site clearance as a key task, proactively guide and support investors and contractors to quickly resolve procedures for material mines, dumping sites and arising problems, so that projects can be implemented according to plan and set goals. For investors and contractors, it is necessary to focus on equipment and human resources, construct urgently and scientifically, ensure quality, safety and savings; strive to exceed progress, not increase capital; complete and put into operation soon to serve the people and promote investment efficiency.
