Ha Nam becomes attractive destinations for investors
The northern province of Ha Nam has become an attractive destination for domestic and foreign investors thanks to the locality’s transparent investment policies and mechanisms.
The Dong Van II Industrial Park in Ha Nam (Photo: )
Hanoi (VNA) - The northern province of Ha Namhas become an attractive destination for domestic and foreign investors thanksto the locality’s transparent investment policies and mechanisms.
In recent years, Ha Nam has focused on selecting investors with sound financialcapacity that use advanced production technologies.
To fully tap its potential, the locality is focusing on upgrading anddeveloping modern transport infrastructure systems connected to neighbouringlocalities to form a synchronous network, serving the locality’s socio-economicdevelopment roadmap.
It has paid heed to improving the quality of services in industrial parks (IPs)and vocational training, thus facilitating production and business activities whilemeeting the demand for skilled human resources.
Attention has also been paid to accelerating administration reforms, and takingmeasures and incentives to support businesses.
The IPs in Ha Nam with a high occupancy rate are Dong Van IPs I, II, and III.
By the end of the first quarter, Ha Nam was home to 956 valid investmentprojects worth over 5.36 billion USD, including 302 foreign-invested projects.
In 2019, enterprises operating in the locality contributed nearly 6 trillionVND (over 257.6 million USD) to the State budget, accounting for 66.67 percentof the province’s total budget revenue. They created jobs for nearly 144,000labourers./.
Industrial parks in the northern province of Ha Nam have attracted 67 investment projects since the beginning of this year, including 50 foreign-invested ones.
The industry and trade sector of the northern province strives to gross over 122.6 trillion VND (5.27 billion USD) in industrial production value in 2020, a year-on-year rise of 13 percent.
Leaders of northern Ha Nam province had a meeting with nearly 300 foreign direct investment (FDI) businesses on January 9 to inform them about local development achievements and listen to their opinions to facilitate the firms’ operations.
In order to increase the competitiveness and value of local products, Ha Nam province has implemented a program to support traceability QR codes geographical indicators and collective brands.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The Dong Van II Industrial Park in Ha Nam (Photo: ) 
