After more than 35 years of attracting foreign direct investment (FDI), Quang Ninh province has emerged as one of Vietnam’s leading localities in attracting foreign investment capital. Beyond the increase in scale, FDI has gradually affirmed its role as a key driver of the province’s economic growth, economic restructuring, and international integration.
The nationwide rollout of the two-tier local administration model presents a key opportunity to advance decentralisation, streamline administrative procedures, and enhance transparency.
Quang Ninh province’s investment capital attraction achieved high results thanks to planning solutions, removing difficulties in clearance, and selecting new-generation foreign inflows.
Along with positive signs of recovery of the economy, most industries and fields achieved better results than in the same period in 2023, attracting foreign investment (FDI) into Vietnam increased by 38.6 %, showing investors' confidence in the country's socio-economic development situation.