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).
