Viglacera commences construction of the Tay Pho Yen Industrial Park – Phase 1, covering 499 hectares, in Thai Nguyen province.
Friday, 30 October 2026
On October 29, 2026, in Thai Nguyen, amidst the enthusiastic atmosphere celebrating the 195th anniversary of the founding of Thai Nguyen Province (November 4, 1831 – November 4, 2026) and the Thai Nguyen International Tea Festival 2026, Viglacera Thai Nguyen Joint Stock Company—a member unit of Viglacera Corporation – JSC—held the groundbreaking ceremony for the Construction and Infrastructure Business Investment Project of Tay Pho Yen Industrial Park – Phase 1. Invested by Viglacera Thai Nguyen Joint Stock Company, the project covers 499 hectares located in Phuc Thuan Ward and Thanh Cong Commune (Thai Nguyen Province), with an estimated total investment capital of VND 5,400 billion. It is expected to become an attractive destination for major domestic and international investors, making practical contributions to economic restructuring, job creation, local budget revenue growth, and driving fast, sustainable development for Thai Nguyen.
The event was honored by the presence of Mr. Nguyen The Manh – Deputy Secretary of the Provincial Party Committee, Chairman of the People’s Committee of Thai Nguyen Province; Mr. Tran Van Hau – Member of the Provincial Party Executive Committee, Vice Chairman of the People’s Committee of Thai Nguyen Province; leaders of provincial departments, boards, and agencies of Thai Nguyen Province; and leaders of Thanh Cong Commune and Phuc Thuan Ward…
On the side of tenant enterprises in Viglacera’s industrial parks and partners: Mr. Ko Tae Yeon, Chairman of the Korean Chamber of Commerce and Industry in Vietnam (Kocham); Mr. Oh Do Yeon, Chairman of the Korean Chamber of Commerce and Industry in Thai Nguyen; Mr. Na Ki Hong – General Director of Samsung Vietnam; Mr. Jang Se-whan – Director of FutureM Vietnam Co., Ltd.; Mr. An Sung Gu – Deputy General Director of POSCO Vietnam Group; Mr. Li Bin – Director of Huali Group Vietnam Co., Ltd.; along with business delegates from numerous other countries;
Representing Viglacera Corporation – JSC were Mr. Tran Manh Huu – Chairman of the Board of Directors; Mr. Tran Ngoc Anh – Member of the Board of Directors, General Director of the Corporation; alongside executive leadership members of the Corporation and its member companies.
Tay Pho Yen Industrial Park Targets Eco-Friendly Model, Attracting High Technology
Reporting at the groundbreaking ceremony, Mr. Tran Anh Tuan – Director of Viglacera Thai Nguyen Joint Stock Company, stated that Tay Pho Yen Industrial Park – Phase 1 is planned as a multi-sector centralized industrial park, oriented toward green growth and environmental friendliness, aiming to develop into a sustainable eco-industrial park.
Tay Pho Yen Industrial Park prioritizes the development of electronics, telecommunications, pharmaceuticals, supporting industries, new materials, clean energy, renewable energy, and smart energy industries; processing and manufacturing; data centers; logistics, and more.
In addition, Tay Pho Yen Industrial Park – Phase 1 features distinct advantages that facilitate investors throughout factory construction and manufacturing operations, including: situated on hilly terrain with favorable geotechnical conditions that make foundation reinforcement simpler and sturdier, thereby reducing construction costs; elevated topography free from flooding risks; and a high-capacity, stable power supply system.
Notably, the project benefits from attractive investment incentives, one-off lump-sum land rental payments for the entire project lifecycle, and an abundant supply of high-quality human resources.
Viglacera Commits to Comprehensive Infrastructure Investment, Enhancing Investment Attraction Efficiency
Affirming that Tay Pho Yen Industrial Park is not merely an infrastructure development project, but encapsulates Viglacera’s long-term partnership commitment to expanding industrial growth space, enhancing investment attraction capabilities, and generating new growth drivers for Thai Nguyen Province. This was reaffirmed by Mr. Tran Anh Tuan—representative of the project developer—in his official address at the ceremony:
First, Viglacera commits to mobilizing maximum resources and expediting construction to deliver an industrial park equipped with synchronized, modern, and smart technical infrastructure, as well as a stable, high-capacity energy supply.
Second, proactively attract major domestic and international investors with high-value projects and green, environmentally friendly technologies, taking service efficiency for investors as the true measure of success.
Third, utilize land resources rationally and efficiently to maximize land-use value, aligning industrial growth with environmental protection and sustainable development.
Fourth, contribute to accelerating provincial economic growth, facilitating economic restructuring, generating employment opportunities for local workers, and increasing provincial budget revenues.
Congratulating the groundbreaking ceremony, Mr. Oh Do Yeon – Chairman of Kocham in Thai Nguyen, expressed that Tay Pho Yen Industrial Park enjoys a prime strategic location in Thai Nguyen Province. Once operational, it is poised to attract a strong influx of investment from leading high-tech manufacturing enterprises, create quality employment, accelerate industrial restructuring toward modernization, and contribute significantly to overall economic prosperity.
Thai Nguyen Directs Industrial Development to Go Hand-in-Hand with Social Welfare
Speaking at the ceremony, Mr. Nguyen The Manh – Deputy Secretary of the Provincial Party Committee, Chairman of the People’s Committee of Thai Nguyen Province, emphasized that Thai Nguyen places great confidence in this large-scale industrial infrastructure project to unlock further room for attracting domestic and foreign investors.
Chairman Nguyen The Manh also highly praised the resolve of Viglacera Corporation and Viglacera Thai Nguyen JSC in choosing Thai Nguyen to expand their industrial park infrastructure portfolio. He highlighted that implementing a large-scale industrial park project is not solely about infrastructure investment and economic development, but directly impacts land, housing, livelihoods, and the daily lives of many households.
Therefore, he urged Viglacera Thai Nguyen JSC not only to target high occupancy rates, but to prioritize the quality and efficiency of secondary investments, placing special emphasis on attracting investors utilizing advanced technology who are capable of integrating deeply into supply chains and creating high, sustainable added value.
For the party committees and local authorities of Phuc Thuan Ward and Thanh Cong Commune, Mr. Nguyen The Manh requested focused leadership and direction over compensation, support, resettlement, and site clearance, while ensuring proper resettlement conditions to quickly stabilize local residents’ livelihoods and welfare.
Regarding the provincial government’s responsibilities, Thai Nguyen Province commits to continuing the improvement of the investment and business environment; accelerating administrative procedure reforms; elevating the service quality of state agencies; and fostering a transparent, stable, favorable, and equitable investment environment for businesses.
Viglacera is a reputable brand in real estate investment and development, encompassing urban areas, residential housing, and industrial park infrastructure.
To date, Viglacera Corporation has developed 19 industrial parks domestically and internationally, spanning a total area of over 6,000 hectares, progressively building a synchronized, modern industrial park network oriented toward green and smart development capable of satisfying the investment and manufacturing demands of domestic and international enterprises. The industrial park system developed by Viglacera has attracted over 450 investors, with total registered foreign direct investment (FDI) exceeding 20 billion US dollars (USD).
- Published in News, Viglacera IP News
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Quang Ninh Prepares for Investment in New Expressway
Friday, 30 October 2026
To enhance inter-regional and intra-regional connectivity to the west and create seamless links between existing expressways and northern provinces, cities, and the capital Hanoi, Quang Ninh is formulating and actively preparing plans to invest in an additional expressway—the Project Connecting the Hai Phong – Ha Long Expressway to Ring Road 5 of the Hanoi Capital Region. This project is expected to deliver a synchronized transport link, unlocking new development spaces and economic corridors for localities in the western area of Quang Ninh City.
Recognizing the strategic advantages and growth potential of investing in the route connecting the Hai Phong – Ha Long Expressway to Ring Road 5 of the Hanoi Capital Region, Quang Ninh has proactively researched investment alternatives and route alignments, while committing to allocate local budget funds for project implementation. Furthermore, at the First Extraordinary Session of the 16th National Assembly, the National Assembly Delegation of Quang Ninh City submitted an official document to the Chairman of the National Assembly requesting consideration to add the expressway connecting the Hai Phong – Ha Long Expressway to Ring Road 5 – Hanoi Capital Region into the Road Network Master Plan for the 2021–2030 Period, with a Vision to 2050.
According to the investment options and route alignment proactively studied by Quang Ninh, the Project Connecting the Hai Phong – Ha Long Expressway to Ring Road 5 – Hanoi Capital Region spans approximately 55 km. The starting point is located at the Ha Long Xanh interchange (Km6+700 on the Hai Phong – Ha Long – Mong Cai Expressway) in Tuan Chau Ward. The ending point connects to Ring Road 5 – Hanoi Capital Region within Hai Phong City in Tran Nhan Tong Ward, along with branch links to the Hai Phong – Gia Binh Expressway. The section traversing Quang Ninh City will run parallel to the Riverside Road (Tuyến đường Ven Sông). The expressway is designed to 6-lane standards with a design speed of 120 km/h and a total estimated investment of approximately VND 22,000 billion.
The Ring Road 5 – Hanoi Capital Region Project is slated to target commencement in the third quarter of 2027. For the 2026–2030 period, nearly VND 61,400 billion is earmarked to invest in 116 km of the mainline expressway crossing four provinces and cities: Ninh Binh, Hung Yen, Hai Phong, and Bac Ninh. Preparing all necessary conditions for the Project Connecting the Hai Phong – Ha Long Expressway to Ring Road 5 – Hanoi Capital Region demonstrates Quang Ninh’s proactive approach, ensuring readiness for implementation once authorized by competent authorities.
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From September 20, 2026, Bac Ninh Province Is Officially Designated as Bac Ninh City
Friday, 30 October 2026
According to Resolution 39/2026/QH16, Bac Ninh City is established based on the entire natural land area and population size of Bac Ninh Province. Bac Ninh City borders Hanoi City, Hai Phong City, Quang Ninh City, and the provinces of Hung Yen, Lang Son, and Thai Nguyen.
In addition, from the effective date of the Resolution, the People’s Council and the People’s Committee of Bac Ninh Province are converted into the People’s Council and the People’s Committee of Bac Ninh City. Agencies, organizations, and entities whose names are associated with the place name “Bac Ninh Province” are also renamed to operate under names associated with the place name “Bac Ninh City”.
The adjustment of the administrative designation is also reflected across the legal document system. According to Clause 3, Article 3 of Resolution 39/2026 of the National Assembly, for legal documents promulgated prior to the effective date of the Resolution and still implemented thereafter, the phrase “Bac Ninh Province” is replaced with “Bac Ninh City”.
Furthermore, papers and documents issued or granted by competent agencies or authorities before September 20, 2026, if still valid or within their validity period, will continue to remain valid until expiration, termination, or until they are amended, supplemented, replaced, repealed, canceled, or revoked in accordance with regulations. Therefore, citizens and organizations are not required to immediately replace their existing documents merely because the place name “Bac Ninh Province” has transitioned to “Bac Ninh City”.
In addition to the policies and regimes designated for centrally governed municipalities, specific mechanisms, regimes, and policies previously applicable to Bac Ninh Province will continue to be executed across Bac Ninh City until the conclusion of their implementation period or until a new decision is issued by competent authorities.
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Planning for 187-km Hai Phong – Ha Long – Mong Cai Railway
Friday, 30 October 2026
The Ministry of Construction announced that the Hai Phong – Ha Long – Mong Cai railway line, spanning approximately 187 km, is currently undergoing detailed planning and a pre-feasibility study.
Responding to petitions from voters in Quang Ninh Province regarding the implementation of the railway connecting with China, the Ministry of Construction stated that the Railway Network Master Plan for the 2021–2030 Period, with a Vision to 2050, identifies the Hai Phong – Ha Long – Mong Cai railway line as approximately 187 km long. The line originates at Nam Dinh Vu Station in Hai Phong and terminates in the Mong Cai area, Quang Ninh Province.
The railway is planned to utilize a standard 1,435 mm gauge, feature electrification, and undergo investment studies during the 2021–2030 period.
Currently, transportation along the Hai Phong – Ha Long – Mong Cai corridor is handled via road and waterway routes. Among these, freight is predominantly transported by inland waterways and coastal shipping due to lower logistics costs, while passenger transit is mainly served by roads. The Ha Long – Mong Cai Expressway is currently operating with 4 lanes and is assessed to be capable of meeting passenger transport demand through 2040. Current traffic volume on the expressway is approximately 9,000 PCUs (passenger car units), equivalent to 20% of its designed capacity.
The Ministry of Construction noted that once passenger and freight transport demand reaches a sufficient scale, investment in the Hai Phong – Ha Long – Mong Cai railway will be carried out. In the immediate future, priority will remain on maritime and river transport for freight to keep logistics costs down, while road networks continue to accommodate the majority of passenger travel demand.
Regarding investment preparation, in accordance with agreements between Vietnam and China along with directives from the Government, the Ministry of Construction has directed the Vietnam Railway Authority to coordinate with relevant Chinese authorities to formulate the Detailed Plan for the Hai Phong – Ha Long – Mong Cai railway line, with completion slated for 2026.
- Published in News
