ACCELERATING WITH KEY PROJECTS: THANH HOA ON THE FAST TRACK! (PART 2) – THE NEW “GROWTH ENGINES”

(Baothanhhoa.vn) – From the Nghi Son Economic Zone to emerging industrial areas, a series of large-scale direct investment projects have been launched and inaugurated, signaling a new growth cycle for the industrial and service sectors in Thanh Hoa. These are not just “mega-projects” in terms of physical infrastructure, but also symbols of ambition, technological innovation, and deep integration into global supply chains.

High-tech automated production line with integrated industrial robots at the Nghi Sơn High-Tech Mechanical Factory. Photo: P.V.

New Product Launch

In March 2025, the first phase of the Nghi Son High-Tech Mechanical Factory officially began operations, marking a new milestone in the machinery manufacturing sector of the region. With a total investment of over 900 billion VND, the plant has a designed capacity of 50,000 tons of products per year, utilizing advanced automation technology, integrated industrial robots, and modern CNC machines. This is one of the few mechanical factories in Central Vietnam capable of assembling and fabricating super-sized, heavy-duty components. The plant is equipped to provide internationally standardized products for industries such as energy (including drilling rigs, oil refining, hydropower, thermal power, and wind power), as well as civil engineering, industrial projects, logistics, metallurgy, and supporting industries.

Chairman of the Board of Directors of Dai Dung Group Joint Stock Company, Trinh Tien Dung, shared: “The factory has been granted international certificates and approvals for exporting to demanding markets worldwide, including the Americas, Europe, Australia, Japan, and the Middle East. Notably, the Nghi Son High-Tech Mechanical Factory has also received green financing from the Vietnam Development and Investment Bank, as the project is designed, built, and operated to meet the gold standard of green buildings (LEED Gold) by the U.S. Green Building Council. The factory’s strategy aims to export approximately 70% of its products to international markets through Nghi Son Port, contributing to elevating Thanh Hoa’s industrial manufacturing capacity and brand, while also increasing the provincial budget through these activities.”

Also in the pipeline of upcoming projects, the Dai Duong High-Tech Precast Concrete Production Plant is entering its final phase, with equipment installation set to be completed and operations expected to begin in August this year. With a total investment of 1,098.5 billion VND and covering an area of approximately 12.3 hectares, the plant will produce prestressed precast concrete products to meet the demands of infrastructure projects, particularly coastal construction and industrial zones.

In the light industrial sector, the Automotive Wiring Production and Assembly Plant in Tho Tien commune (Trieu Son), invested by BOB Thanh Hoa Co., Ltd., was officially inaugurated in February 2025. The plant’s production line, imported from South Korea and Japan, allows the manufacturing of wiring harnesses to international automotive standards, supplying assembly plants both domestically and internationally. Currently, the plant is managed and operated by THN Automotive Systems Vietnam Co., Ltd., which manufactures wiring harnesses for major car brands such as Kia and Hyundai from South Korea.

Construction of the Billion Union Vietnam Textile Manufacturing Plant in Tan Truong Commune, Nghi Son Town.

Thanh Hoa currently boasts 19 key products. According to the Department of Industry and Trade, these products, due to their output and dominant value, have been the main driving force behind the continuous growth of the industrial production index over recent years. Therefore, each high-tech project leads to a wave of technology transfer and local workforce training. More importantly, these projects further integrate Thanh Hoa into the global supply chain, ranging from automotive components and precision machinery to high-tech building materials. This creates interconnected production value chains, particularly in sectors such as machinery, chemicals, new materials, and export textiles.

“Stepping Stone” for Growth Goals

Alongside new products, a series of large-scale direct investment projects that have recently been launched are expected to provide a significant boost for comprehensive and long-term growth. A notable project is the Duc Giang Chemicals Complex in Nghi Son Economic Zone, with a total investment of over 2,400 billion VND and an area of 30 hectares. The project will produce basic chemical products such as caustic soda, PAC, calcium hypochlorite, H3PO3, etc., serving industries such as water treatment, petrochemical refining, paper production, and metallurgy for both domestic consumption and export. What sets this complex apart is not only its scale but also its integrated and supporting structure, aiming to directly supply essential chemicals to the petrochemical refining, metallurgy, and deep chemical processing sectors. It is expected to help form a chemical industrial center in Central Vietnam, creating a new production-export axis for the entire region.

Mr. Ho Manh Linh, the project commander, shared: “We are taking advantage of favorable weather conditions to accelerate construction before the rainy season. Currently, 200 engineers and workers are focused on the foundation phase, and we plan to mobilize up to 2,000 people by the third quarter to fully install machinery and equipment. Our goal is to have the plant operational by Q1/2026.”

In the textile sector, the Billion Union Vietnam Fabric Manufacturing Plant in Tan Truong Commune (Nghi Son Town) has also officially commenced. The plant has a designed capacity of 60 tons per day, equivalent to 18,000 tons per year, producing knitted fabrics, finishing, and floral printing.

Mr. Nguyen Van Nam, Deputy Project Commander from ALC Construction Joint Stock Company, shared: “We have mobilized 300 workers to implement the foundation work and plan to install machinery by October. In the fourth quarter, the plant will conduct trial operations, aiming to have the production lines running by the end of 2025, ahead of the approved schedule of June 2026.”

The products of the Billion Union Vietnam Fabric Manufacturing Plant are not only intended for the domestic market, completing the textile supply chain in Thanh Hoa and Vietnam, but also target premium markets like the US, EU, and Japan, which require adherence to ESG standards and low energy consumption. This project is expected to elevate Thanh Hoa’s textile industry to a higher level, moving beyond simple processing as it has been in the past. It will also help complete the supply chain for garment companies in Vietnam, enabling them to meet the criteria for the origin of raw materials, thus benefiting from preferential tariffs in countries that have signed Free Trade Agreements.

An overview of the construction site of the Duc Giang Nghi Son Chemical Complex (Nghi Son Economic Zone).

Across the entire province, many new industrial clusters and factories are beginning to take shape, such as the Hop Thang Industrial Cluster and Outdoor Gear Vietnam Sporting Goods Manufacturer. These projects are spread evenly across regions, from the plains to the midlands and mountains, expanding the industrial space beyond the core area of Nghi Sơn, while also effectively utilizing local land and human resources.

Currently, there are 33 large-scale direct investment projects being implemented in the province, with a total investment of approximately VND 116,649 billion. Two of these projects are in the process of installing machinery and recruiting labor, including the Radial Tire Manufacturing Plant at Area B, Bim Son Industrial Park, Bim Son Town, and the Nghi Son Steel Rolling Mill No. 2, Nghi Son Town. Many other projects are accelerating to enter new phases, such as the Nam Ich Thai Thang Textile Mill, invested by South Asia Knitwear Limited under the Nam Ich Group (Hong Kong), and the Miza Nghi Son Packaging Paper Manufacturing Plant, Phase 2. With a dynamic deployment pace, multi-billion VND investment scale, and the application of modern technology, the new projects being implemented in Thanh Hoa are not only producing high-quality industrial products but also positioning the province for a new level of growth, transforming it into an industrial growth hub in the northern Central region of Vietnam.

In the near future, with the completion of a series of modern industrial parks, Thanh Hoa expects to attract tens of billions of USD in FDI, especially in supporting industries, high-tech industries, advanced management practices, and environmentally friendly projects. These developments will not only serve as a “springboard” for economic growth and urbanization goals but also provide an opportunity to enhance the skills and capabilities of local management staff and workers in Thanh Hóa on the path to integration.

Read more: ACCELERATING WITH KEY PROJECTS: THANH HOA ON THE FAST TRACK! (PART 2) – THE NEW “GROWTH ENGINES”

Languages