Investment attraction for sustainable development
(QNO) - Quang Nam province is enhancing its investment environment, improving management, and supporting businesses to ensure timely, effective projects that benefit both investors and the locality.
At the Quang Nam Planning Implementation Conference for 2021-2030, a vision to 2050, the province announced key projects and investment promotion directions for 2025.
Six major projects received investment registration, including foreign enterprises. Notable investments include Kyung Rim Tech (South Korea) with an auto parts assembly plant (VND 146 billion), Oriental Commerce Vina (South Korea) in packaging support (VND 186 billion), Thaco Auto’s R&D centre (VND 292 billion), Standard Track Company Limited (China) in household goods (VND 58 billion), and Portillo Estudio Limited (Hong Kong - China) with a rental factory project (VND 216 billion).
Quang Nam signed investment research agreements for four key projects worth trillions of dongs. These include the Cua Lo channel dredging project (VND 7.2 trillion), the Tam Thang 2 Industrial Park expansion (VND 600 billion), Phase 2 of the Nam Hoi An Resort (over USD 1 billion), and Bac Thang Binh 1 & 2 Industrial Parks (VND 6.5 trillion).
The province is also attracting investment in mining, renewable energy, and pharmaceuticals, particularly Ngoc Linh ginseng. Businesses cite Quang Nam’s favourable investment climate and infrastructure improvements as key drivers for growth.
In 2025, Quang Nam enters a crucial phase in its socio-economic development, laying the foundation for the 2026 - 2030 period. The province targets double-digit growth and plans to mobilize VND 630 trillion, primarily from private and foreign investors.
Source: Thoibaonganhang