According to the People’s Committee of Phu Tho Province, promoting investment attraction and supporting businesses are key priorities. Since the beginning of 2026, the province has implemented comprehensive measures to create a transparent, investor-friendly environment for both domestic and international stakeholders.
Rendering of Binh Xuyen Industrial Park, Phu Tho Province.
In January alone, Phu Tho attracted over $570 million in foreign direct investment (FDI), a 12-fold increase compared to the same period in 2025. This remarkable growth underscores growing investor confidence in the province’s business climate. Domestic investment (DDI) also surged to approximately VND 3.9 trillion, a 45% year-on-year increase.
These achievements are attributed to the province’s leadership, which has consistently engaged with businesses and investors through dialogues to address challenges and streamline project implementation. The commitment to a “government-business partnership” has further strengthened trust within the business community.
Additionally, efforts to enhance the investment and business environment have been rigorously pursued. Key policies related to investment, land management, housing, budget administration, land clearance, and resettlement have been promptly enacted, providing a robust legal framework for businesses to thrive.
Notably, the practical implementation of Resolution No. 68-NQ/TW by the Politburo on private sector development has injected fresh momentum into the private economy.
By the end of January, Phu Tho recorded approximately 500 newly established businesses, double the figure from the previous year, with a combined registered capital of VND 3.2 trillion. Furthermore, around 450 businesses resumed operations, laying a solid foundation for sustainable economic growth and investment in the coming period.
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