Phu Tho’s Industry Accelerates Toward Double-Digit Growth

In the vibrant development rhythm of the Northern Midlands and Mountains, Phu Tho is emerging as an industrial bright spot with powerful transformations. Beyond maintaining impressive growth momentum, the province demonstrates a clear determination to realize its double-digit growth target, anchored by modern industrial infrastructure, proactive government support, and the surging vitality of the business community.

One of the key factors helping Phu Tho’s industry break through is the industrial zone system, which has been synchronously invested in and rapidly expanded.

Spacious internal roads and synchronized power, water, and telecommunications systems create a professional manufacturing environment that meets the demands of both domestic and foreign investors.

Currently, the province hosts nearly 30 industrial zones, many of which are operational with occupancy rates exceeding 70%.

Industrial zones in Phu Tho are not only expanding in scale but also upgrading in infrastructure quality, aiming for modern and environmentally friendly standards.

Building on this infrastructure foundation, Phu Tho has become an attractive destination for many FDI enterprises. Investors from Japan, South Korea, and Europe continue to expand their production, bringing substantial capital, modern technology, and advanced management practices.

Notably, Honda Vietnam continues to achieve impressive sales figures, contributing significantly to Phu Tho’s growth objectives.

Other FDI firms are actively transferring technology and expanding export markets. This acts as a “twin engine” propelling Phu Tho forward in the growth race.

Inside the factories, the labor atmosphere is urgent yet highly organized. Many businesses have boldly invested in automated production lines for management and operations.

Advanced and modern technologies are being applied, contributing to significantly enhanced labor productivity.

To motivate businesses to accelerate toward the double-digit growth goal, Phu Tho’s provincial leaders consistently provide timely attention and encouragement.

The “one-stop-shop” mechanism is effectively promoted; the difficulties and bottlenecks of businesses are listened to and resolved promptly.

With these tangible developments, Phu Tho’s double-digit growth target is no longer a distant expectation but is gradually becoming a reality through concrete daily movements across its industrial zones.

Le Minh