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"Nest" of technology "eagles"

The three sources of Vinh Phuc, Hoa Binh and Phu Tho flow together, creating a land full of potential, a dynamic economic region, with leading prospects in the Northern region. Combined with practical experience in investment promotion of Vinh Phuc, Phu Tho province has just opened up golden opportunities for investors, especially high-tech projects (CNC) to build nests and take off.

Báo Phú ThọBáo Phú Thọ02/07/2025

Electronic circuit board production at Ghflex vina Co., Ltd. (Khai Quang Industrial Park).

About 50-80km from the center of Hanoi, located in the key economic region of the North, businesses investing in Phu Tho province can easily access a large consumer market and high-quality labor resources from universities and research institutes in the capital Hanoi. The synchronous and modern transport infrastructure system helps connect with the system of international seaports and airports.

A notable highlight is the strategic vision of the Central Government in turning the Noi Bai - Lao Cai Expressway into an internal industrial - logistics connection axis of the new Phu Tho province, creating favorable conditions for the provincial government to quickly build a dynamic and potentially open business environment.

Along with that, the provincial road system and secondary roads have been upgraded, facilitating the transportation of raw materials and goods and helping to connect businesses with businesses, urban areas with rural areas.

In the coming time, IC2 and IC5 intersections will continue to be invested in and built, expanding the connection space of the provincial transport network; the upcoming Lao Cai - Hanoi - Hai Phong high-speed railway will pass through the area,... These are solid foundations to affirm that Phu Tho province is attractive enough for the world's leading corporations and enterprises.

The new Phu Tho province, based on the merger of the three provinces of Vinh Phuc, Hoa Binh and Phu Tho, has a natural area of ​​over 9,361km2 , a population of over 4 million people, 148 commune-level administrative units under the province, and the administrative and political center located in Viet Tri.

Nam Binh Xuyen Industrial Park is systematically planned with high standards of technical infrastructure, centralized wastewater treatment system, and synchronous social infrastructure, which will soon make Phu Tho the semiconductor industrial center of the country, attracting leading corporations and CNC enterprises in technology.

This is considered one of the top localities in terms of economic scale as well as budget revenue of the whole country. Phu Tho province has many strengths, competitive advantages and harmony from culture, people to economic structure, mutual support between industry and services. Especially the industry is growing with high-tech centers that have been and are being formed.

Industrial parks (IPs) are at their peak, with a large proportion of technology enterprises such as: Khai Quang, Thang Long Vinh Phuc, Ba Thien II, Ba Thien I..., combined with well-planned IPs with high standards of technical infrastructure (electricity, water, broadband telecommunications), centralized wastewater treatment systems, synchronous social infrastructure such as Hung Vuong High-Tech Park, Nam Binh Xuyen Industrial Park,... will soon make Phu Tho the center of the semiconductor industry of the country, attracting leading corporations and CNC enterprises in technology.

In addition, VSIP Phu Tho Industrial Cluster is a successful cooperation between Phu Tho province and Sembcorp Group (Singapore). VSIP Phu Tho has all the conditions to become a bright spot attracting FDI with international standards, a good foundation to expand and attract high-tech projects (CNC) in the next stages.

The new provincial government apparatus is led by a team of young leaders with a lot of practical experience in attracting investment. It will always ensure flexibility and adaptability, fully apply the highest incentives according to the provisions of the law on investment and especially incentives for CNC projects and CNC zones (corporate income tax, land rent exemption and reduction, training support...).

Departments, branches and localities focus on strong administrative reform, implementing the one-stop, one-stop mechanism, providing maximum support to enterprises throughout the investment and operation process. The spirit of "going ahead, anticipating, accompanying investors" is emphasized and promoted to the maximum with the new energetic apparatus. In order to soon become a promising destination for CNC projects, the province needs to quickly transform its image from a traditional industrial province to an attractive destination for CNC projects.

First, it is necessary to focus on improving the quality of human resources. It is necessary to promptly review and evaluate existing training facilities, focusing on promoting cooperation with major universities and colleges in Hanoi to cooperate in training and improve the quality of human resources locally, meeting the demand for high technology, especially in the fields of precision mechanics, electronics, automation, and information technology.

At the same time, quickly affirm the difference and competitive advantage compared to neighboring provinces that have developed CNC earlier, proactively welcoming new investment waves.

Accelerating the construction progress and ensuring the quality of infrastructure of industrial parks and clusters according to standards is a vital factor. Encouraging the formation of research institutes, innovation centers, and technology support enterprises to create a complete and attractive CNC ecosystem.

With its strategic geo-economic position, high political determination demonstrated through focusing on developing specialized infrastructure, competitive incentive policies and strong administrative reform efforts, Phu Tho province will certainly gradually become a new bright spot in attracting CNC investment.

Although there are still challenges to overcome, with methodical and proactive steps, Phu Tho province is ready to support technology eagles to build nests, develop production and business, and create high added value.

Van Cuong

Source: https://baophutho.vn/to-am-cua-dai-bang-cong-nghe-235359.htm


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