Industrial Parks in Thai Nguyen Province Attract Investment
Thai Nguyen Province was re-established on January 1, 1997, by separating Bac Thai Province into two provinces: Bac Kan and Thai Nguyen. Thai Nguyen is located in the key economic region of the North near Hanoi, making it a developing economic center in the northern region of Vietnam.
As one of the political and economic hubs of the Viet Bac region and the midland and mountainous area of Northeast Vietnam, Thai Nguyen serves as a gateway for economic and social exchanges between the midland and mountainous regions and the Red River Delta.
In recent years, Thai Nguyen has achieved breakthroughs in urban planning and development, gradually modernizing its urban areas to improve residents’ quality of life and address issues caused by climate change. The establishment of industrial parks, clusters, major projects, key works, urban upgrading initiatives, transportation systems, and new rural programs has transformed Thai Nguyen, not only in urban areas but also in rural regions. This transformation has solidified its position as a cultural-economic center in the Viet Bac region, attracting investors and tourists.
Rich Mineral Resources
Thai Nguyen is rich in diverse mineral resources, offering significant advantages for the development of metallurgy and mining industries. The province holds the second-largest coal reserves in Vietnam, with four mines totaling over 100 million tons. It is also rich in non-ferrous metals, including tin, lead, zinc, tungsten, gold, copper, nickel, and mercury. Additionally, Thai Nguyen has abundant raw materials for cement production, decorative stone manufacturing, and construction materials. The province encourages deep-processing projects for its mineral resources.
Leading in New Rural Development
Thai Nguyen leads 14 northern midland and mountainous provinces in building new rural areas and ranks fourth nationwide in industrial production value. The province consistently ensures national defense, political security, social welfare, and public order, creating favorable conditions for socio-economic development.
The province has significantly invested in socio-economic infrastructure. From 2016 to 2020, total development investment capital reached 238 trillion VND, up 18% compared to the 2011–2015 period, exceeding targets set by provincial resolutions. Transportation networks, including urban, rural, and inter-provincial systems, have been upgraded. Infrastructure for electricity, water, and irrigation meets production and consumption needs.
Development Goals by 2030
Urban and residential projects have significantly transformed urban landscapes in Thai Nguyen. The province is the first in Vietnam to adopt a resolution specifically addressing digital transformation. As of the latest rankings by the Ministry of Information and Communications, Thai Nguyen ranks 12th among 63 provinces and cities in digital transformation, with its digital government index ranking 3rd nationwide. Its readiness for network security places it in the top seven provinces rated “A” nationwide.
By 2030, Thai Nguyen aims to become a modern industrial center in the northern midland and mountainous regions and Hanoi’s metropolitan area.
Geographic Location
Thai Nguyen Province covers an area of 3,562.82 km² and is bordered by:
- North: Bac Kan Province
- West: Vinh Phuc and Tuyen Quang Provinces
- East: Lang Son and Bac Giang Provinces
- South: Hanoi
Administrative Units
Thai Nguyen has nine administrative units, including three cities (Thai Nguyen, Pho Yen, and Song Cong) and six districts (Dai Tu, Dinh Hoa, Dong Hy, Phu Binh, Phu Luong, and Vo Nhai). These are further divided into 178 commune-level administrative units, comprising 41 wards, 9 townships, and 128 communes.
Population
As of 2020, the population of Thai Nguyen was 1,307,871, making it the 25th most populous province nationwide and the 3rd in the northern midland and mountainous region. Over 10 years, the population increased by 163,635 people, with an average annual growth rate of 1.36%. Urbanization reached 40% by 2020.
Thai Nguyen is home to 46 of Vietnam’s 54 ethnic groups, with the majority being Kinh people (73.1%).
Healthcare
Thai Nguyen has one hospital under the Ministry of Health (Thai Nguyen Central General Hospital), one hospital under Military Region 1 (Military Hospital 91), 213 facilities managed by the provincial Department of Health, and several private hospitals and clinics. The total bed capacity includes over 1,600 beds managed by the Ministry of Health and 4,295 beds managed by the provincial health department.
Education
Thai Nguyen is Vietnam’s fourth-largest human resource training center, following Ho Chi Minh City, Hanoi, and Da Nang. It houses nine universities, 12 colleges, eight vocational schools, and 30 training centers. Annually, these institutions train over 100,000 skilled workers to meet the technical labor demands of Thai Nguyen and the northern midland and mountainous regions.
Tourism
Thai Nguyen hosted the 2007 National Tourism Year. With over 800 historical, cultural, and religious sites and 80 festivals, the province is a major cultural and natural attraction. Key sites include Nui Coc Lake, Phoenix Cave, the ATK revolutionary base, and archaeological sites. Ongoing investments focus on developing international-standard facilities and major tourist destinations such as Nui Coc Lake, Phoenix Cave, and Mo Ga Spring.
Transportation Infrastructure
Thai Nguyen boasts a well-connected transportation network, including expressways, national highways, railways, and waterways, linking it to neighboring provinces and Hanoi. Major projects, including Ho Chi Minh Road and Ring Road 5, enhance connectivity and economic integration.
- Roads: Key routes include the Hanoi–Thai Nguyen Expressway and several national highways connecting the province to Lang Son, Bac Kan, Hanoi, and other regions.
- Railways: Thai Nguyen features the Hanoi–Quan Trieu railway and the Quan Trieu–Nui Hong line, primarily for freight.
- Waterways: The Da Phuc Port project in Pho Yen connects Thai Nguyen to Hai Phong Port.
Economic Growth
Despite challenges from the COVID-19 pandemic, Thai Nguyen achieved a 6.56% economic growth rate in 2021, double the national average of 2.58%. The province’s budget revenue reached a record 18 trillion VND, with export value nearing 29 billion USD, ranking fourth nationwide.
By 2030, Thai Nguyen aims to position itself as a leading industrial hub, with industrial production contributing 61% of the economy by 2025. Strategic investments in infrastructure, industrial parks, and digital transformation are driving these ambitious goals.
Dưới đây là phần tiếp theo, dịch nội dung về các Khu Công nghiệp (Industrial Parks) ở tỉnh Thái Nguyên:
Industrial Parks in Thai Nguyen Province
Thai Nguyen Province is home to several industrial parks (IPs) and industrial clusters (ICs) strategically designed to attract both domestic and international investments. These parks provide modern infrastructure, convenient transportation access, and incentives for investors.
Major Industrial Parks:
Yen Binh Industrial Park
- Location: Pho Yen City.
- Area: Approximately 400 hectares.
- Industries: Electronics, high-tech industries, manufacturing, and assembly.
- Investors: Hosts Samsung Electronics Vietnam and its satellite companies.
Diem Thuy Industrial Park
- Location: Pho Yen City and Phu Binh District.
- Area: 350 hectares.
- Industries: Focuses on high-tech manufacturing, machinery, and consumer goods.
Song Cong I Industrial Park
- Location: Song Cong City.
- Area: 195 hectares.
- Industries: Machinery manufacturing, textiles, and light industries.
Song Cong II Industrial Park
- Location: Song Cong City.
- Area: 250 hectares.
- Industries: High-tech industries, supporting industries, and logistics.
Nam Pho Yen Industrial Park
- Location: Pho Yen City.
- Area: 200 hectares.
- Industries: Supporting industries for electronics and manufacturing.
Quyet Thang Industrial Park
- Location: Thai Nguyen City.
- Area: 150 hectares.
- Industries: Mechanical engineering and food processing.
Industrial Clusters (ICs):
- Tay Nam Thai Nguyen IC: Specializes in agriculture and forestry product processing.
- Dai Tu IC: Focuses on mining and construction materials.
- Phu Binh IC: Supports small and medium-sized enterprises in electronics and mechanical engineering.
Investment Incentives
Thai Nguyen offers numerous incentives to attract investors:
- Corporate Income Tax (CIT) Incentives: Reduced CIT rates for prioritized sectors and projects.
- Land Lease Exemptions: Up to 15 years for high-tech and export-oriented projects.
- Import-Export Incentives: Tax exemptions for imported machinery and raw materials used for production.
- Administrative Support: Simplified procedures for business registration, licensing, and customs clearance.
Advantages of Investing in Thai Nguyen
- Strategic Location: Proximity to Hanoi (about 80 km) and Noi Bai International Airport (50 km).
- Skilled Workforce: Availability of well-trained human resources from local universities and vocational schools.
- Infrastructure Development: Continuous upgrades to transportation, power supply, and telecommunications networks.
- Stable Political Environment: Secure conditions for business operations and long-term investments.
Future Plans
Thai Nguyen aims to establish new industrial parks and expand existing ones to meet the rising demand for industrial land. The province is also focusing on green and sustainable development by encouraging environmentally friendly industries and renewable energy projects.
(Note: all information above is for reference only. Actual information will be calculated according to the current time)
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