In the first nine months of 2026, Quang Ninh attracted more than US$1.3 billion in foreign direct investment (FDI), including 26 newly licensed projects with total registered capital of US$659.68 million and 21 projects that registered additional investment of US$654.66 million. The growing presence of major businesses and corporations, together with expanding investment in high-tech industrial projects, is strengthening production capacity, creating new growth drivers and reinforcing the appeal of the local investment environment.
As part of its economic development strategy, Quang Ninh has consistently pursued a selective investment attraction, prioritising high-tech projects, processing and manufacturing industries, environmentally friendly production and activities with high added value. To date, the city has 237 active FDI projects, with total registered capital of nearly US$16 billion from 20 countries and territories. Industrial parks and economic zones with well-developed, integrated infrastructure play a key role in attracting foreign investment. Song Khoai Industrial Park has attracted 25 secondary projects with total registered capital of approximately US$3.35 billion, while Bac Tien Phong Industrial Park has attracted 38 projects with total capital of around US$3.1 billion. Dong Mai, Hai Ha and Viet Hung industrial parks, along with other areas, are also continuing to attract manufacturing and business investment.
The presence of international companies and corporations such as Foxconn, Autoliv, Yaskawa, TCL-CSOT, Castem and Tonly Electronics is helping build new production capacity, expand supply chains and drive the growth of the processing and manufacturing sector. Beyond bringing in capital, these projects are creating jobs, accelerating the shift of labour into modern industrial sectors and opening up opportunities to strengthen management capabilities and gain access to advanced technologies. These developments provide an important foundation for Quang Ninh to pursue its target of attracting US$2.5–3 billion in FDI in 2026.
Alongside foreign investment, domestic direct investment (DDI) outside the state budget has also recorded notable results. In the first nine months of the year, the city attracted approximately VND225.572 trillion in domestic direct investment, with 78 new projects and 10 projects registering increases investment capital. In the third quarter alone, 26 new projects were registered, with total registered capital of around VND108.384 trillion. In addition, 45 non-state budget investment projects are being implemented, with planned investment for the year totalling approximately VND 81.903 trillion. These figures highlight the appeal of the investment environment to both international corporations and domestic businesses, while helping diversify the resources available for local economic development.
These investment results reflectlocal authorities’ continued efforts to improve the business environment, enhance administrative efficiency and support enterprises. In the first nine months of 2026, Quang Ninh held 10 dialogue conferences with the business community to address difficulties relatịng to administrative procedures, site clearance and infrastructure. The city also recorded 2,715 newly established enterprises, exceeding its full-year target of 2,500 and bringing the total number of active businesses to more than 13,700.
With a strong foundation of high-quality FDI, proactive domestic businesses and a steadily improving investment environment, Quang Ninh is better positioned to modernise its processing and manufacturing industries. Improving investment quality, strengthening links between businesses and aligning economic growth with green development objectives will be crucial to making effective use of the city’s potential, enhancing its competitiveness and laying the groundwork for sustainable growth in the years ahead.
By Hoai Anh
