Tay Ninh maintains its investment appeal

Many impressive results

Phase 1 of the Tran Anh – Tan Phu Industrial Park has reached about 80% occupancy

The Tran Anh – Tan Phu Industrial Park covers an area of 262 hectares, with Phase 1 spanning 105 hectares and reaching an occupancy rate of about 80%. Notably, strategic and foreign direct investors (FDI) account for approximately 80% of this phase. The park attracts secondary investors thanks to its advantageous location — close to Ho Chi Minh City’s Ring Road No. 4, fronting Provincial Road 830, and bordering the Vam Co Dong River, which facilitates trade and connectivity.

According to Tran Thi Hanh, General Director of DNN – Tan Phu Investment JSC (the infrastructure developer of Tran Anh – Tan Phu Industrial Park), enterprises investing in Tay Ninh receive maximum support. Administrative procedures are handled swiftly, helping the province retain many secondary investors interested in exploring the local business environment. The company prioritizes green, clean, and environmentally friendly projects and remains committed to working closely with local authorities to implement effective business strategies and further increase occupancy rates in the near future.

At the same time, the province has been stepping up investment promotion efforts, showcasing its potential and signing numerous strategic cooperation agreements, creating a new wave of investment spreading strongly across the area. Many key projects have been commenced or inaugurated, leaving significant marks — such as the Phuoc Vinh Tay New Urban Area, Binh Hoa Nam 1 Industrial Park, and access roads to three bridges on Provincial Road 827E. Earlier, several strategic projects had already been launched, including the Coca-Cola Factory, Millennia Urban Area, and Thu Thua Industrial Park, all contributing to infrastructure improvement, logistics cost optimization, expanded production capacity, and better employment and living standards for residents.

Following the administrative reorganization, Tay Ninh Province has opened up a new, broader, and more diverse development space, creating even better conditions to fully leverage its advantages. The province is emerging as a highly promising investment destination in both the southern region and nationwide — maintaining its investment appeal, driving a strong recovery, and enhancing its position on Vietnam’s FDI attraction map. Tay Ninh now ranks among the country’s leading localities in terms of both total FDI capital and number of projects.

A bright spot in attracting foreign investment

Workers of Viet Thanh Biotechnology Company Limited check and evaluate product quality

Investing in Tay Ninh since 2023, Viet Thanh Biotechnology Co., Ltd., a Singapore-based enterprise with a total investment of nearly USD 7 million, operates in the production and trading of veterinary medicines for livestock and aquaculture, as well as chemicals, environmental treatment products, and imported goods. According to Nguyen Thi Huynh Nhu, representative of Viet Thanh Biotechnology, the strong support from local authorities—especially in resolving obstacles and creating favorable conditions—has reinforced the company’s confidence and motivation to invest and operate effectively in the province. In 2025, the company plans to expand its production scale, develop new safe and eco-friendly products, and strengthen trade cooperation to broaden its export markets.

Tran Van Tuoi, Deputy Director of the Department of Finance, noted that, in addition to unpredictable fluctuations in the global economy and geopolitics—such as political conflicts, energy crises, financial instability, inflation, and declining global demand—Tay Ninh’s internal restructuring, planning adjustments, and resource redistribution have also created a certain delay in investment attraction and production stabilization. These challenges have left some businesses struggling to adapt to the new pace, resulting in fewer orders, production cuts, and reduced employment and income for workers. Facing this reality, there is an urgent need for coordinated and flexible measures to help enterprises stabilize production, reopen markets, and accelerate investment attraction.

To address these issues, the Department of Finance has proposed several key measures: Advise the Provincial People’s Committee to hold regular or thematic dialogues with enterprises to remove bottlenecks and ease business concerns promptly; mobilize and allocate investment resources effectively, with priority given to major transport projects connecting industrial zones, clusters, and logistics hubs—helping businesses cut costs, shorten circulation time, and enhance competitiveness; recommend solutions to advance administrative reform, streamline operations, and reduce processing time for investment procedures and business registration, enabling firms to quickly access incentives and public services in a transparent, business-friendly environment.

At the same time, Tay Ninh continues to intensify investment promotion, expand trade cooperation, and create opportunities to increase orders, maintain supply chains, and safeguard employment. The province also forecasts and provides market and socio-economic information to help enterprises proactively adjust their production and business strategies to new circumstances.
In addition, Tay Ninh will deepen international cooperation and strengthen domestic and overseas investment promotion activities, effectively leveraging opportunities from free trade agreements (FTAs) to attract high-quality FDI inflows./.

 By Thanh My – Translated by Tuong Vinh

Source: https://baolongan.vn/tay-ninh-giu-vung-suc-hut-dau-tu-a205296.html