On January 9th, the People’s Committee of Phu Tho Province held a ceremony to grant adjusted investment registration certificates to two expanded FDI projects, with a total additional investment of $290 million USD.
Mr. Tran Duy Dong, Chairman of the People’s Committee of Phu Tho Province, presents the adjusted investment registration certificates to the two expanded FDI projects.
The first project is the BHFLEX Vina Electronics Components Manufacturing Plant, invested by BH Company Limited (South Korea). According to the adjustment, the project’s capital is increased by $140 million USD, raising the total investment to $310 million USD. The plant is located in Khai Quang Industrial Park, Vinh Phuc Ward, covering an area of over 118,000 m², specializing in producing electronic components for the global supply chain, particularly in the high-tech and electronic equipment sectors.
The second project is the Meiko Electronics Printed Circuit Board (PCB) Manufacturing Plant, invested by Meiko Elec. Hong Kong Co., Ltd (Japan). The project’s capital is increased by $150 million USD, raising the total investment to $350 million USD. The plant is located in the Left Bank of Da River Industrial Park, Hoa Binh Ward, covering an area of over 92,000 m², focusing on producing printed circuit boards – a critical component in the high-tech and electronics industries.
These two expanded FDI projects are considered key projects in Phu Tho Province, significantly contributing to industrial output, export turnover, and creating numerous stable jobs for local laborers, thereby increasing income and improving the livelihoods of the people.
In 2026, Phu Tho Province’s industrial parks aim to attract 30-40 FDI projects.
To date, 29 out of 58 planned industrial parks in Phu Tho have been put into operation, covering a total area of over 6,327 hectares, with an occupancy rate of approximately 70%. These industrial parks have attracted investments from 21 countries and territories, creating a vibrant and diverse business environment, with notable sectors including manufacturing, processing, and high-tech industries such as electronic components, computers, and other advanced technology products.
In 2025, the revenue of FDI enterprises is estimated to reach $21.13 billion USD, a 20% increase compared to the same period; export value exceeds $33 billion USD, with a budget contribution of 8,153 billion VND. Domestic enterprises also recorded positive growth, with revenue reaching 34,755 billion VND, a 25% increase, and a budget contribution of 1,300 billion VND, a 54% increase compared to the same period. Key sectors such as electronic components, laptops, construction materials, and animal feed continued to show impressive growth.
In 2026, Phu Tho Province’s industrial parks aim to attract 30-40 FDI projects, with a total newly registered and additional capital of approximately $1,490 million USD; and 35-40 DDI projects, with a total investment of around 17,000 billion VND. The province will also focus on completing the planning, appraisal, and submission for approval of the detailed planning of industrial parks within the Provincial Planning for the 2021-2030 period, with a vision to 2050.
It is expected that in 2026, Phu Tho will have three new industrial parks, focusing on attracting large-scale, high-tech, and environmentally friendly projects.
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