In 2023, Ha Nam was in the top 15 provinces and cities with high investment attraction in the country and is also one of the localities that improved its Provincial Competitiveness Index (PCI) and Provincial Green Index (PGI) rankings. For many consecutive years, it has been in the top 10 provinces with high growth in the country; in 2024, Ha Nam was evaluated as the locality with the 2nd highest growth rate in the Red River Delta and ranked 5th nationwide. That is the advantage for Ha Nam to promote investment attraction, especially foreign direct investment (FDI).
Ha Nam: Transport infrastructure takes a step ahead, creating momentum for socio-economic development
In recent years, Ha Nam has clearly identified investment cooperation as a key task to mobilize resources and promote socio-economic development. In addition to existing advantages in geographical location, abundant and diverse resources, high-quality labor force, and a transparent and open investment environment, Ha Nam pays special attention to developing transport infrastructure, especially connecting transport infrastructure. The goal is to create favorable conditions for regional connectivity and the development of production and business for enterprises.
With the motto "transport infrastructure must go first", Ha Nam has prioritized resources to build framework infrastructure and key transport routes with spreading effects to revive "depressed areas" and maximize the locality's strengths. The total investment capital for transport development in the 2021-2025 period is estimated at about 13,600 billion VND, accounting for 34% of the total construction investment capital for the entire period.
Many key projects have been and are being implemented, including: Phu Thu intersection and connecting roads; Tan Lang bridge and regional linkage routes, connecting from the Ring Road 4 – Ring Road 5 connecting road; the road parallel to National Highway (QL) 21; the road parallel to Ring Road 5 – Capital Region (phase 1); the road connecting from National Highway 1A intersecting with the Cau Gie – Ninh Binh expressway via the Liem Son intersection passing through Binh Luc district intersecting with National Highway 21A, National Highway 21B, the road connecting the two expressways Hanoi – Hai Phong and Hanoi – Ninh Binh… and many other vital traffic routes.
These efforts to invest in transport infrastructure not only help Ha Nam connect more conveniently with neighboring provinces and cities, but also create an important motivation to attract investment, develop tourism, create jobs, and improve people's lives. Developed transport infrastructure will be a solid foundation for Ha Nam to continue reaching new successes in the future.
With 8 national highways (QL1A, QL21A, QL21B, QL38, QL38B, QL70, QL217, QL45) connecting conveniently with neighboring provinces and cities such as Hanoi, Nam Dinh, Ninh Binh, Hung Yen…, Ha Nam possesses a developed road network. According to the road network planning for the 2021 – 2030 period, with a vision to 2050, Ha Nam will have 4 connecting expressways, including: North – South Expressway East (Phap Van – Cau Gie – Ninh Binh route); Phu Ly – Nam Dinh expressway; Hung Yen – Thai Binh expressway and Ring Road 5 of the Capital Region. In particular, the North – South high-speed railway project after completion will create an additional "plus point" for Ha Nam in terms of connectivity and economic trade.
Mr. Pham Hong Thanh, Director of the Department of Planning and Investment of Ha Nam province, commented: "With an open investment environment; synchronously, modernly, and conveniently invested transport infrastructure has created a breakthrough in the province's investment attraction in recent years." Ha Nam is always listed in the top of the country in investment attraction and is one of the localities attracting the highest foreign direct investment (FDI) in the country, with increasingly high rankings.
According to the report of the Department of Planning and Investment of Ha Nam province, from January 1, 2024 to November 30, 2024, the whole province attracted 89 projects, an increase of 67.9% compared to the same period in 2023; adjusted capital increase and decrease for 65 projects, with a total adjusted capital increase of 370.9 million USD (an increase of 139%) and 2,091.5 billion VND (a decrease of 7.5%). Accumulated to date, Ha Nam has 1,259 valid projects; in which, there are 413 FDI projects with a registered capital of 6,667.3 million USD and 846 domestic projects with a registered capital of 182,581.7 billion VND. Currently, Taiwan (China), Japan, and South Korea are the countries with the dominant number of investors in Ha Nam's industrial parks (IPs).
"Greening" industrial parks to welcome FDI capital flows
In the trend of shifting supply chains and foreign investment into Vietnam, Ha Nam is considered one of the localities with great potential to receive and absorb the capital flow shifting into Vietnam in the coming time. Therefore, in addition to preferential investment mechanisms and policies according to the provisions of the law, Ha Nam has been effectively implementing commitments to accompany and support enterprises to the maximum in order to create the most open, transparent, and favorable investment environment. However, for technology "eagles" to choose Ha Nam as a destination, Mr. Tran Xuan Duong, Vice Chairman of the Provincial People's Committee, believes that: In the coming time, industrial parks must improve quality, increase scale, have more modern synchronous infrastructure, ensure a greener environment… At the same time, it is necessary to have policies and mechanisms to encourage green development and sustainable development, thereby helping investors grasp the orientation and be more confident when investing and greening industrial park projects. In the general global development trend, the demand for green transition is becoming increasingly strong; if it was previously an option, it is now a mandatory direction for localities, and Ha Nam is no exception…
In 2025, Ha Nam's goal is to continue improving the PCI and PGI indices; successfully implement Resolution 11/NQ/TU dated September 15, 2021 of the Provincial Party Committee on promoting industrial development, focusing on high-tech industry, supporting industry, processing, manufacturing, and services serving industrial development in a modern and sustainable direction for the 2021-2025 period, with a vision to 2030; prioritizing FDI attraction in the fields of high-tech industry, clean energy, and renewable energy. Therefore, in the coming time, Ha Nam will focus on improving the quality and efficiency of planning work (sector planning, construction planning, land use planning) in a synchronous, unified, and linked direction, ensuring the effective promotion and use of potential, advantages, and resources. Besides that, the province promotes administrative reform, improves the investment environment, effectively implements public administrative services from the province to the grassroots, creates an open and favorable environment for enterprises; builds additional mechanisms to encourage and support according to specific criteria, ensuring compliance with Government regulations on investment incentives and support and suitable to the practical conditions of the province, in order to attract large, key projects, high-tech projects; attract strategic investors, multinational corporations to invest, set up headquarters, and establish research and development centers, innovation centers in the province. In particular, the province continues to focus on synchronous investment, modernization of the transport infrastructure system, industrial park infrastructure, improvement of human resource quality; innovation of investment promotion methods both domestically and internationally in a more professional, proactive, and focused direction.
In the planning for the 2021-2030 period, with a vision to 2050, Ha Nam expects to establish 10 new industrial parks, with a total area of about 2,111 ha. With the viewpoint of planning and developing industrial parks associated with urban areas and services; prioritizing the attraction of high-tech, environmentally friendly industries, Ha Nam continues to select reputable industrial real estate investors with economic potential such as: Viglacera, Western Pacific, Hoa Phat… to accelerate the "greening" speed of industrial parks.
It is believed that, with orientation, vision, and innovative thinking along with high political determination, it is expected that in 2025 and the following years, Ha Nam will become an attractive destination for investors – "eagles" of green technology. "Greening" industrial parks ready to welcome FDI capital flows not only improves competitiveness and participates in the international market value chain, but also promotes economic and cultural exchange between Ha Nam and countries and territories in the region and the world.
Source: Ha Nam Electronic Newspaper
