On the afternoon of April 25, Comrade Le Hong Vinh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee (PPC) had a meeting with VSIP Nghe An Company Limited and a number of enterprises investing in VSIP Industrial Park.

Attending the meeting were leaders of relevant departments, branches and localities; and leaders of Hung Nguyen district, Vinh city.

The provincial leaders organized the meeting with the desire to grasp the implementation situation, listen to the thoughts, aspirations and proposals from VSIP as well as enterprises investing in VSIP's industrial parks (IPs) to discuss and implement favorable solutions for business development, contributing to making Nghe An province an attractive destination for investors.

Before working with VSIP Nghe An Co., Ltd., Chairman of the PPC Le Hong Vinh and the delegation visits Kien Moc Design Joint Stock Company in VSIP 1 Industrial Park

The delegation visits Luxshare – ICT factory specializing in manufacturing electronic components

Since 2015, based on the Investment Agreement between the province and Becamex IDC Group, VSIP has invested in the VSIP Nghe An Industrial, Urban and Service Park project, creating an important driving force in developing industrial parks, promoting and attracting investment projects and boosting the province's socio-economic development, while also being a symbol of effective, sustainable and long-term cooperation between the governments of Viet Nam and Singapore and the localities where the project is implemented.

Overview of the meeting

Currently, Nghe An province has handed over 625.03ha/750ha of land to VSIP Nghe An Industrial Park, Urban Area and Service project; 160.55ha/500ha to Tho Loc Industrial Park project - phase 1.

Investment attraction in VSIP industrial parks has achieved many positive results, currently attracting 56 secondary projects with a total investment capital of 64,880 billion VND, including 36 FDI projects with a total investment capital of about 3.17 billion USD. The main manufacturing sectors are electrical, electronic and precision mechanical industries (accounting for 79%); alloy industry (accounting for 8%); garment (accounting for 3%); factories and warehouses for rent (accounting for 5%); other industries such as construction materials, furniture, auto parts, consumer goods, food, etc. Many large technology corporations and ecosystems have come to VSIP Industrial Park such as: Luxshare – ICT, Evewin, Radiant, Innovation.

Investment projects at VSIP have created jobs for more than 28,000 workers, with an average income of nearly 8.0 million VND/person/month, contributing to stabilizing people's lives and social security as well as making an important contribution to the state budget.

In 2024, VSIP was one of the 10 largest state budget contributors in Nghe An province; projects in VSIP's industrial parks have contributed significantly to Nghe An being in the top 10 provinces and cities attracting the largest FDI in the country for 3 consecutive years.

Notably, on March 12, 2025, in Singapore, under the witness of General Secretary To Lam and Singaporean Prime Minister Lawrence Wong, Provincial Party Secretary Nguyen Duc Trung presented the Decision approving the investment policy of VSIP Nghe An 3 Industrial Park project to the leaders of Sembcorp Group. This event is expected to create a major breakthrough for industrial development in Nghe An province in the coming time.

Mr. Teng Wei Hong - General Director of VSIP Nghe An Co., Ltd. speaks

Mr. Do Ky Giang - General Director of Luxshare - ICT Nghe An Company says that the demand for labor recruitment is very large, about 16,000 people. The Company hopes to continue to receive active support from the Provincial People's Committee and related branches in labor recruitment

Mr. Nham Hang Sinh - General Director of Evewin Company suggests paying attention to investing in meeting electricity supply for manufacturing enterprises in VSIP Industrial Park

At the meeting, enterprises highly appreciated the support and facilitation for enterprises to invest in production at VSIP Industrial Park. Enterprises expect the government and industries to pay attention and support enterprises in recruiting workers. According to the synthesis of the Southeast Economic Zone Management Board, the labor demand in 2025 in VSIP Industrial Park is about more than 42,000 workers, of which Luxshare - ICT Nghe An Company alone has a need to recruit 16,000 workers. To ensure production activities, some enterprises recommend paying attention to investing in infrastructure to meet the electricity demand in industrial parks; building social infrastructure such as hospitals, schools, social housing, supermarkets, etc. Reflecting the difficulties, VSIP Nghe An Company Limited requested the PPC and relevant sectors to pay attention to handing over the remaining area of 4.28 hectares to implement the VSIP1 Industrial Park project. At the same time, direct the People's Committee of Dien Chau district to focus on handling the final handover of the site to VSIP Company, 15.52ha/500ha of VSIP 2 Project.

Chairman of the PPC Le Hong Vinh concludes

Concluding the meeting, Chairman of the PPC Le Hong Vinh acknowledged and highly appreciated the results in attracting investment in VSIP Industrial Parks in the area. Reviewing the achievements in recent times, the Chairman of the PPC affirmed that VSIP has been creating an important driving force in attracting investment and developing the province's socio-economy and social security, and is also a model for effective and sustainable cooperation between Viet Nam and Singapore.

Sharing the difficulties that enterprises have reported, Chairman of the PPC Le Hong Vinh also discussed the recommendations and proposals of enterprises related to power supply, labor recruitment, site handover, construction of technical infrastructure, social infrastructure, etc.

Accordingly, the Departments, branches and localities continue to proactively and actively coordinate to complete site clearance for projects, invest in the construction of transformer stations and power lines, and infrastructure works outside the fences of industrial parks in accordance with regulations, ensuring the required time, ensuring synchronous connection with industrial park infrastructure, meeting the electricity needs of enterprises in industrial parks. The People's Committee of Vinh City and the People's Committees of Hung Nguyen and Dien Chau districts focus on thoroughly handling difficulties and obstacles, completing procedures in accordance with regulations, and ensuring the handover of project sites to investors.

The Chairman of the PPC also hoped that enterprises in VSIP Industrial Park during production activities need to ensure the environment, fire prevention and fighting, pay attention to the working environment and income of workers, etc. Enterprises and VSIP Nghe An Co., Ltd. continue to accompany the province to create the best infrastructure and investment attraction environment, support secondary investors, investors in the province, and at the same time have mechanisms and policies to attract highly skilled labor to work in factories to ensure the development of enterprise production activities.

The Chairman of the PPC affirmed that the province always accompanies and creates favorable conditions for enterprises to invest in Nghe An; requested that departments, branches and localities continue to accompany and support enterprises.

Phan Quynh