Ha Nam seeks $386 mln investments to develop three industrial properties
Ha Nam province is calling for investments of VND9,130 billion ($386 million) to expand two industrial parks and develop one high-tech park.
Per a project wishlist with vision until 2025, the northern province is calling for domestic or foreign investments of VND2,100 billion ($88.76 million) in the Dong Van III Industrial Park phase 2; VND1,000 billion in the Thai Ha Industrial Park phase 2; and VND6,030 billion in the Ha Nam High-tech Park. These industrial properties cover 223 hectares, 100 hectares and 663 hectares, respectively.
Ha Nam also wants investments in seven other industrial parks, 15 schools, one park, 84 urban areas and accommodation facilities, and one hospital. Specific details of these investments were not released.
The province’s biggest urban area project is the Phu Ly town urban and innovative area that it has estimated at VND5,750 billion ($243 million).
Itahan Industrial Park in Duy Tien district, Ha Nam province, northern Vietnam. Photo courtesy of the developer Tan Tao Group.
It says in the plan that 12 projects located industrial parks and clusters, involving manufacturing, vegetables-fruits processing, meat production, vehicle components and computer parts, also need investment. These projects are valued at between VND100 billion ($4.22 million) and VND1,000 billion.
Ha Nam is home to eight operating industrial parks with about 77,000 employees. By 2025, it hopes to have 15 industrial parks covering 6,000 hectares. The operational industrial parks in Ha Nam have so far attracted 459 investment projects, including 284 foreign-invested ones worth $4.1 billion.
The province, which borders Hanoi, has emerged as a manufacturing center in northern Vietnam, together with localities like the capital city, Haiphong, Hai Duong, Bac Ninh and Thai Nguyen.
- Related News
- Read More
Vietnamese fast food consumers spend average $5.5 per visit, chicken meals dominate
Vietnamese consumers are spending an average of VND144,500 ($5.5) per receipt at major fast-food chains, according to a December report by market research firm Q&Me.
Society - Fri, December 26, 2025 | 2:53 pm GMT+7
The aviation ecosystem game: Can Sun Group win?
Phu Quoc holds a rare advantage in having established a relatively comprehensive aviation ecosystem, comprising the expanded Phu Quoc International Airport and an airline bearing the island’s name – Sun PhuQuoc Airways.
Companies - Fri, December 26, 2025 | 2:44 pm GMT+7
Vingroup units, Idico sign strategic deal on clean energy, green transport
Four arms of Vingroup (HoSE: VIC) on Thursday signed a strategic cooperation agreement with major industrial park developer Idico, targeting clean energy supply and electrification of transport across the latter’s industrial zones.
Companies - Fri, December 26, 2025 | 2:19 pm GMT+7
Fueling Vietnam’s growth
Vietnam is heavily investing in large-scale, long-term projects in energy and infrastructure sectors which require billions of dollars far more than can be easily raised through internal business profits or tight domestic loans, writes Tim Evans, CEO, HSBC Vietnam.
Economy - Fri, December 26, 2025 | 1:38 pm GMT+7
Visa, Sun Group partner to empower personalized, data-driven tourism
Sun Group last Saturday signed a comprehensive strategic partnership with Visa to elevate the travel experience of international visitors to Vietnam through digital innovation, seamless cashless payments, and data-driven marketing solutions.
Companies - Fri, December 26, 2025 | 12:21 pm GMT+7
Sun Group proposes master plan for northern Vietnam's Ban Gioc waterfall tourist area
Vietnam’s leading real estate developer Sun Group on Thursday presented its master plan for the Ban Gioc Waterfall Tourist Area in the northern mountainous border province of Cao Bang to local authorities for the first time.
Real Estate - Fri, December 26, 2025 | 11:41 am GMT+7
Macro conditions open room for Vietnam's property market to enter new cycle: economist
Vietnam’s macroeconomic conditions are creating room for the property market to enter a new growth cycle, as legal reforms and public investment accelerate while financial risks remain largely contained, said Can Van Luc, chief economist at state-controlled BIDV bank.
Real Estate - Fri, December 26, 2025 | 10:00 am GMT+7
Indonesia, US eye deal on tariff exemptions for palm oil, coffee
Indonesia and the U.S. have agreed on all substantial issues for a tariff deal, paving the way for the signing of an agreement by Indonesian Prabowo Subianto and U.S. President Donald Trump at the end of January.
Southeast Asia - Fri, December 26, 2025 | 8:05 am GMT+7
Indonesia's rice stock set to hit record in 2025
Indonesian Minister of Agriculture Andi Amran Sulaiman said on December 22 that the government's rice reserve (CBP) is projected to reach 3.5 million tons by the end of 2025, marking the highest level since the country’s independence.
Southeast Asia - Fri, December 26, 2025 | 8:00 am GMT+7
MIK Group withdraws from Hanoi's $32.49 bln Red River Scenic Boulevard project after groundbreaking ceremony
Vietnam’s MIK Group has asked to withdraw from the Red River Scenic Boulevard project in Hanoi and transfer all of its rights and obligations in the investor consortium to Dai Quang Minh Real Estate Investment JSC.
Real Estate - Thu, December 25, 2025 | 10:26 pm GMT+7
Vingroup withdraws from Vietnam North-South high-speed rail bid
Vingroup has withdrawn its registration to invest in Vietnam's North-South high-speed railway project, saying it wants to concentrate resources on other strategic infrastructure and energy projects.
Infrastructure - Thu, December 25, 2025 | 4:37 pm GMT+7
Vietnam sees about 785,000 successful real estate transactions annually since 2022
Vietnam’s real estate market has gradually recovered and resumed growth since 2022, with annual transactions reaching 537,000-785,000, according to the Ministry of Construction.
Real Estate - Thu, December 25, 2025 | 3:54 pm GMT+7
Vietnam PM orders resolution of bottlenecks at GS Energy-backed LNG projects
Prime Minister Pham Minh Chinh has directed authorities to resolve outstanding obstacles facing the Long An LNG I and II power projects, worth a total of $3.13 billion and backed by South Korea’s GS Energy, as the government seeks to accelerate large-scale energy investments nationwide.
Energy - Thu, December 25, 2025 | 3:25 pm GMT+7
Deo Ca Group withdraws from Hanoi’s gigantic project Red River Scenic Boulevard, cites focus on core expertise
Deo Ca Group, a major Vietnamese infrastructure developer, said it has decided to withdraw from participation in Hanoi’s Red River Scenic Boulevard project, despite being among the first companies to help bring the long-delayed scheme off the drawing board.
Real Estate - Thu, December 25, 2025 | 2:09 pm GMT+7
Vietnam banks hold extraordinary shareholder meetings for management shake-up
Several Vietnamese banks have convened extraordinary general meetings of shareholders (EGMs), signalling a broader phase of management restructuring and strategic realignment as the sector prepares for a new growth cycle in 2026.
Banking - Thu, December 25, 2025 | 12:28 pm GMT+7
Vietnamese agri major Loc Troi’s predicament ahead of partnership with TTC AgriS
TTC AgriS, a leading sugar maker in Vietnam, and Loc Troi Group, a major agricultural service supplier and producer, have agreed to cooperate in a bid to upgrade the country’s rice industry. But Loc Troi is entering the partnership amid the most severe crisis in its history and faces an urgent need for substantial financial support.
Companies - Thu, December 25, 2025 | 8:37 am GMT+7
