Developing Green and Sustainable Industry

In recent years, Phu Tho has prioritized attracting projects with high scientific and technological content, environmentally friendly, while implementing many solutions to change the awareness of businesses and the community, encouraging green production models. This approach not only enhances the province’s competitiveness but also contributes to building an image of a dynamic, modern locality ready for international integration.

The Thang Long Vinh Phuc Industrial Zone is considered a model industrial zone, prioritizing the attraction of high-tech, environmentally friendly projects.

With a vast area and diverse resources, Phu Tho has identified industry as a breakthrough driver, a key force for growth, contributing significantly to the budget and promoting other sectors. However, rather than pursuing unchecked growth, the province has opted for a sustainable path: developing green, ecological industrial zones as a crucial criterion for attracting foreign direct investment (FDI). In fact, in the current development trend, FDI investors increasingly emphasize social responsibility, environmental concerns, and sustainable development. Therefore, the development orientation of green industrial zones has helped Phu Tho quickly become an attractive destination for both domestic and foreign investors. With numerous mechanisms and policies prioritizing clean land, administrative reforms, and selective investment projects already being implemented, the province has also resolutely rejected projects that pose environmental pollution risks.

Additionally, Phu Tho consistently partners with lead-chain businesses to innovate and apply solutions to reduce emissions. Notable examples include the Vinh Phuc ICD Logistics Center project, which aims to become the first net-zero-emission dry port in Asia by 2040, and Honda Vietnam’s support for suppliers to apply green production technologies. These are clear examples of the province’s vision for sustainable industrial development.

One of the exemplary models is the Thang Long Vinh Phuc Industrial Zone, invested by Sumitomo Group (Japan). With an area of 213 hectares, the Thang Long Industrial Zone has completed both phases, attracting 41 projects, 29 of which are operational. Notably, 20% of the industrial zone’s area is dedicated to greenery, lawns, and water bodies, creating a harmonious ecological landscape. In addition to green infrastructure, the Thang Long Industrial Zone has built rental factories to serve high-tech businesses such as Toto, Daiwa, and Tsuchiya, and also established a commercial service area to support secondary investors. Once fully developed, the zone is expected to host about 70 projects, providing jobs for 20,000 workers. The success of Thang Long Industrial Zone not only affirms Phu Tho’s attractiveness but also opens up prospects for building more new model industrial zones.

After administrative boundary expansion, Phu Tho now has 32 industrial zones in the master plan, of which 16 are operational, providing stable employment for hundreds of thousands of workers and contributing up to 90% of the province’s total budget revenue. By July 2025, the province attracted 651.7 million USD in FDI, including 35 new projects and 45 projects with increased capital. This impressive figure highlights Phu Tho’s appeal amidst the intensifying competition for investment attraction among localities.

In addition to industrial development, many large-scale projects in urban development, tourism, and services have been launched, such as the Cuoi Ha cable car system, Serena Resort, and the Viet Tri golf course project worth over 1,000 billion VND. This demonstrates that Phu Tho is undergoing a strong transformation towards a multi-sector, multi-pillar economy, while remaining committed to green industry as the foundation for development.

To realize its goal of achieving double-digit growth in 2025 and beyond, Phu Tho is decisively addressing the “bottlenecks” in industrial development. Key issues include land clearance, land price determination, and sourcing filling land. The provincial government has closely directed and required various sectors and localities to collaborate closely, speed up progress, and work alongside investors. Additionally, administrative reforms, the application of digital technology in investment, construction, fire prevention procedures, and other related areas are being promoted to maximize convenience for businesses.

Van Cuong