Phu Tho has actively implemented various activities to create breakthroughs in attracting foreign investment. (Source: Nhan Dan Newspaper)

International economic integration not only helps expand the market but also connects Phu Tho more deeply into the global value chain, creating favourable conditions for the locality to attract foreign direct investment (FDI), access modern technology, and enhance competitiveness.

FDI highlights

Recognizing the importance of economic integration, Phu Tho has actively implemented various activities to create breakthroughs in attracting foreign investment.

The province has directed efforts to promote the image and introduce its characteristics, geographical location, transportation infrastructure, services, economic-social development, especially the potential, strengths, investment incentive mechanisms, and key investment projects of the province. It invites foreign corporations and enterprises to explore investment opportunities through both online and direct methods.

Additionally, international investment promotion conferences are regularly organized for domestic and foreign corporations to explore investment opportunities in the province.

Phu Tho also focuses on effectively promoting investment, introducing the potential, advantages, and unique culture of the Land of the Ancestors; proactively coordinating closely with investors to quickly bring projects into production and business operations, maximizing post-investment efficiency... driving Phu Tho towards rapid and sustainable development.

Simultaneously, solutions are implemented to address difficulties and obstacles to help businesses better capitalize on opportunities from Free Trade Agreements (FTAs).

Workers at the production line of Seshin Co., Ltd. (Republic of Korea), Thuy Van Industrial Park, Viet Tri. (Source: VGP)

The province also pays attention and provides the most favourable conditions to attract FDI, contributing to the province's economic development. Phu Tho stands ready to welcome corporations and enterprises to invest and benefit together, contributing to building a sustainable and prosperous economy.

These efforts have yielded remarkable results. In the first nine months of 2025, the province attracted an estimated FDI of 912.5 million USD, a 39% increase compared to the same period; domestic direct investment (DDI) reached an estimated 62.3 trillion VND, nearly three times higher than the previous year; over 4,600 enterprises registered for new establishment and resumed operations.

This growth comes not only from new licensing but also from the stable operation of existing projects. In the past nine months, 36 projects have gone into production and business, including 29 FDI projects, contributing positively to local economic growth.

Currently, there are 668 secondary projects operating in the province's industrial parks, accounting for 82% of total investment projects. FDI enterprises also contribute to the economic restructuring of the province towards modernization, focusing on industry and services, gradually reducing the proportion of traditional agriculture.

Xoan Singing in Phu Tho. (Source: Phu Tho Newspaper)

Culture – A bridge to promote Phu Tho's image

The fields of culture and tourism have also seen significant progress. Phu Tho has been actively promoting its unique cultural heritages such as Xoan Singing and the Worship of Hung Kings, which are recognized by UNESCO as intangible cultural heritage of humanity.

Alongside, the province organizes international cultural exchange programs, attracting the interest of tourists and researchers worldwide. Phu Tho also proactively, creatively, and flexibly promotes its image through diverse cultural diplomacy activities across multiple channels, targeting various audiences.

Notably, the project “Applying Information Technology to Promote Cultural Heritage and Scenic Spots to Boost Tourism Development in Phu Tho with Countries Worldwide” has been implemented in six languages, yielding tangible results in promoting Phu Tho’s image and creating new highlights to attract more international visitors and overseas Vietnamese.

Or the bilingual 3D film project "Hung Temple - Sacred Ancestral Roots" broadcast on national television channels like VTV, VTC... In some diplomatic events at the Vietnamese Embassy in Cambodia, Laos, Japan, Republic of Korea, France... The film has been printed into DVDs as diplomatic gifts of the province at major diplomatic events.

Hung Temple viewed from above. (Photo: Tung Vy)

The province continuously upgrades infrastructure to meet the requirements of hosting major international events such as the 31st SEA Games, qualifiers of regional and continental football tournaments, and heritage exploration sites in the World Miss Tourism Final 2022... These events not only attract international attention but also provide opportunities for Phu Tho to showcase its unique cultural features.

Additionally, the role of the overseas Vietnamese community is effectively harnessed by Phu Tho in cultural diplomacy.

The province successfully organized the online contest "Overseas Vietnamese with the Two Heritages of Worship of Hung Kings and Xoan Singing in Phu Tho", attracting nearly 100 overseas Vietnamese living and working in nine countries worldwide; welcomed delegations of overseas Vietnamese from 20 countries worldwide to offer incense in memory of the Hung Kings on the occasion of the annual Hung Kings' Commemoration Day. These are "ambassadors", important bridges to spread the cultural values of the Land of the Ancestors to the international community.

Moreover, digital transformation is another area that Phu Tho is actively promoting. With the participation of international technology partners, the province has implemented IT solutions in management, operations, and production. This is a crucial step towards building a modern digital economy in line with global trends.

In the future, building on these achievements, economic and cultural diplomacy will undoubtedly continue to be a strong and effective bridge, bringing Phu Tho closer to the world.