New momentum from economic zones and industrial parks

Posted on 10 March, 2026

The synchronized development of infrastructure in economic and industrial parks (EZs and IPs) is opening up new development space for Hue, enhancing its capacity to attract large-scale projects while creating spillover effects for supporting industries, logistics services, and import–export activities.

City leaders visit and work at Gilimex Hue Industrial Park in early 2026
City leaders visit and work at Gilimex Hue Industrial Park in early 2026

Southern growth pole

In the city’s spatial economic development strategy, the southern area has been identified as a new growth driver, centered around the Chan May – Lang Co Economic Zone. This is a multi-sector integrated economic zone planned under a modern development model, closely linking industry – urban development – services – tourism and logistics.

The zone’s greatest advantage lies in its strategic location: situated between the two major cities of Central Vietnam, Da Nang and Hue; along the North–South transport corridor, with convenient connections to National Highway 1, the La Son – Tuy Loan Expressway, and the North–South railway. Notably, Chan May Port is capable of accommodating large-tonnage vessels, creating favorable conditions for logistics development and import–export activities.

According to the approved master plan, the Chan May – Lang Co Economic Zone is oriented to become a center for clean industries, high-tech industries, and processing and manufacturing industries associated with seaport services and logistics. The synchronized planning of functional sub-zones such as industrial parks, non-tariff zones, urban areas, port logistics services, and resort tourism has established a solid foundation for long-term development, minimizing spatial conflicts and ensuring sustainable growth for the area.

In 2025, the city licensed 22 new investment projects with a total registered capital of VND 2,128 billion across approximately 35 hectares of land. Among them were 7 FDI projects with a total investment of USD 26.2 million, demonstrating foreign investors’ confidence in the locality’s industrial development potential.

In addition to attracting new projects, efforts to support businesses in expanding production also achieved positive results, with 12 projects increasing their registered capital, bringing the additional investment to VND 21,857 billion. Meanwhile, the withdrawal of four delayed projects with a total capital of VND 1,744 billion helped improve the quality of investment through project screening. The total newly registered and adjusted investment capital in 2025 reached VND 23,985 billion, equivalent to 240% of the annual target and accounting for approximately 80% of the city’s total attracted investment.

A representative of the city’s Management Board of Economic and Industrial Zones emphasized: “Hue City does not attract investment at all costs but prioritizes projects with advanced technologies, high added value, environmental friendliness, and strong linkages with local enterprises. The Chan May – Lang Co Economic Zone will serve as a modern and sustainable industrial development space in the long term, creating an important growth driver in the current period, especially in achieving the double-digit growth target set by the city.”

Recently, at a conference on adjustments to the city’s development planning for the 2021–2030 period with a vision toward 2050, economic experts noted that Hue’s distinctive advantage compared to many other localities lies in the harmonious integration of industrial planning with urban and service development orientation. When technical and social infrastructure are developed in a synchronized manner, EZs and IZs will not only serve as production hubs but also become attractive living and working environments for high-quality labor.

New highlights in investment attraction

In 2026, investment attraction activities have continued to gain momentum. In the first two months of the year, the city’s People’s Committee approved the investor for Infrastructure Development and Business Project No. 2 in the Chan May – Lang Co Economic Zone with a total investment of VND 1,845 billion, covering 204 hectares and invested by Xuan Thien Group, as well as an infrastructure development project in La Son Industrial Park invested by VSIP, with an area of 467 hectares and a total capital of VND 3,075 billion. In addition, the city is expected to approve several other infrastructure investment projects in La Son Industrial Park in the near future.

Infrastructure at Gilimex Hue Industrial Park is becoming a destination for many major enterprises
Infrastructure at Gilimex Hue Industrial Park is becoming a destination for many major enterprises

According to the city’s Management Board of Economic and Industrial Zones, in the first two months of the year the city attracted approximately VND 10,400 billion in total investment capital, equivalent to 94.5% of the annual plan, with a total land use area of around 1,400 hectares. This indicates that the city still has significant potential for industrial development as available land and technical infrastructure are gradually being completed.

Currently, EZs and IZs in the city host 193 projects with a total registered capital of VND 144,905 billion, including 56 FDI projects with total investment of VND 75,286 billion. The accumulated implemented capital has reached approximately VND 60,870 billion, equivalent to 42.5% of the total registered capital. Nearly 60% of the projects are currently in operation.

According to Dr. Tran Dinh Thien, former Director of the Vietnam Institute of Economics, Hue is currently facing a significant opportunity to reposition itself within the regional manufacturing chain of Central Vietnam as infrastructure in EZs and IZs continues to improve. It is evident that with the gradual and synchronized development of transport infrastructure, economic zones, industrial parks, and seaports, Hue has the potential to establish a complete supply chain from production – storage – transportation – to export. This will not only help reduce logistics costs for businesses but also enhance the competitiveness of products in international markets. In addition, the city is focusing on administrative reform, shortening investment licensing procedures, and strengthening dialogue with enterprises. A transparent and stable investment environment is the key factor in retaining existing investors and attracting major corporations, thereby creating a solid foundation for rapid and sustainable economic development.

Source: Hue Ngay Nay

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