The “Thailand–Hung Yen Business Connection Forum 2025”, held on July 16, has opened new opportunities for investment cooperation between Hung Yen Province and Thai enterprises.
The event was jointly organised by the Hung Yen Provincial People’s Committee, the Ministry of Foreign Affairs, and the Royal Thai Embassy in Vietnam, as part of the bilateral cooperation activities following the upgrade of Vietnam–Thailand relations to a Comprehensive Strategic Partnership in May 2025.
In her opening remarks, H.E. Ms. Urawadee Sriphiromya, Ambassador of Thailand to Vietnam, emphasised that the event not only reflected the strong friendship and trust between the two countries but also created a practical platform for businesses to exchange ideas, build networks, and pursue sustainable growth together.
Mr. Nguyen Huu Nghia, Member of the Party Central Committee and Secretary of the Hung Yen Provincial Party Committee, highlighted the province’s strategic location within the Northern Key Economic Region, adjacent to Hanoi and situated along major regional corridors such as Kunming – Lao Cai – Hanoi – Hai Phong. Hung Yen, he noted, possesses strong geographical advantages, well-connected transport infrastructure, and a transparent investment environment.
To date, Hung Yen has attracted 886 valid FDI projects with a total registered capital of over USD 16.02 billion. Among them, 10 projects are invested by Thai enterprises with a total capital of approximately USD 174.4 million, employing around 2,200 workers.
Provincial leaders reaffirmed their commitment to supporting investors and improving the local business climate under the motto of “Three Transparencies”: open institutions, seamless infrastructure, and smart governance. The province is also accelerating administrative reform and improving public services for both citizens and businesses. Hung Yen welcomes Thai investors to expand into fields such as high technology, logistics, clean agriculture, and cultural–ecological tourism.
During the thematic session “Connecting Supply Chains between Thailand and Vietnam”, Mr. Nguyen Le Huy, Vice Chairman of the Hung Yen People’s Committee, together with representatives from WHA Industrial Development PLC (Thailand) and the Hanoi Logistics Association, discussed cooperation opportunities and presented the province’s preferential investment policies.
According to Mr. Huy, Hung Yen is positioning itself as a strategic hub for industry, agriculture, and logistics in the Red River Delta. The province’s industrial parks are increasingly modern, environmentally friendly, and well-planned; meanwhile, its logistics network has expanded rapidly thanks to its strategic location, transportation infrastructure, and development of inland port systems under the 2021–2030 plan with a vision to 2050. By 2030, the total volume of goods transported through the province’s logistics system is expected to reach 6.8–7.85 million tonnes per year.
Hung Yen has also planned 43 industrial parks with a total area of over 13,500 hectares, of which 18 have been officially established. The province currently has about 600 hectares of “ready-to-use” clean industrial land, suitable for a wide range of investment scales, sectors, and technologies.
The forum left a strong impression and laid the foundation for new connections and commitments. On behalf of provincial leaders, Secretary Nguyen Huu Nghia extended an invitation to Thai enterprises, stating:
“Hung Yen always stands by investors with the spirit of doing what we say, fulfilling what we commit to — valuing time, intellect, and decisive action.”
With its foundation of established cooperation and concrete commitments, Hung Yen continues to affirm its position as a safe, efficient, and sustainable investment destination — not only for Thai enterprises but for the global business community at large.