Thai Nguyen Provincial Industrial Zones: Businesses contribute nearly 4.2 trillion VND to the budget

Over the past 7 months, businesses' revenue in the provincial industrial zones is estimated to reach 19.3 billion USD, equal to 115.1 percent of the same period last year and meets 56.84 percent of the annual plan. The export value is estimated at 15.2 billion USD, equal to 113.2 percent of last year's period and achieving 49 percent of the yearly plan. These businesses have created over 7,400 new jobs and contributed nearly 4.2 trillion VND to the state budget (an increase of 11.1% percent compared to the same period in 2023).

	Thai Nguyen has 13 additional projects in industrial zones
	Pay attention to cultural institutions in industrial zones and clusters

To date, Thai Nguyen Province has 5 out of 11 industrial zones in operation with 174 foreign direct investment (FDI) projects totalling over 11.3 billion USD in registered investment capital and 139 domestic direct investment (DDI) projects with a total registered investment capital of 21.4 trillion VND. 

The photo shows electronic component production at Emtec Vina TN Co., Ltd. in the Diem Thuy Industrial Zone.

This outcome is mainly because many businesses have secured additional export orders and expanded into new industries and products to enhance competitiveness and expand their market. To support businesses in expanding and improving production efficiency, the Management Board of Industrial Zones in the province continues to guide businesses on implementing labor policies and regulations, promote investment attraction to industrial zones, assist businesses in recruiting workers, and collaborate with provincial departments and agencies to help businesses leverage commitments in free trade agreements (FTAs) to boost exports.