Mani Co., Ltd. in Diem Thuy Industrial Zone produces medical equipment for export. (Photo:

Mr. Tran Van Long, Deputy Director of the provincial Industrial Zones Authority, said that so far, the total implemented investment capital is nearly USD7 billion and nearly VND9.4 trillion of 153 projects which have been put into production and business. In 2019, they created revenue of USD31.5 billion and VND8.062 trillion, including exports of more than USD27 billion, an increase of more than 5% compared to 2018, contributing more than VND7.2 trillion to the budget (up 15% over the previous year), equal to nearly 50% of total budget collection in the province

Thai Nguyen industrial zones have created jobs for 103,600 labourers, with average income reaching VND6.5 million or more per person per month.

In 2020, the provincial Industrial Zones Authority will put 250-hectare Song Cong II Industrial Zone, the fifth industrial zone, into operation. So far, it has attracted 8 projects with an investment of more than USD644 million and VND250 billion.

According to Mr. Long, in order to attract more investment in industrial zones, in the future, the authority will continue to promote administrative reform to minimize the time for administrative procedures equal to one tenth of the standard; and help businesses deal with difficulties to support their production./.

Compiled by BTA