In the first two months of this year, northern Thai Nguyen province unexpectedly rose to lead the country in attracting foreign investment, surpassing two major traditional FDI hubs: Ho Chi Minh City and Bac Ninh.

According to data from the Foreign Investment Agency (FIA) under the Ministry of Finance, total registered Foreign Direct Investment (FDI) into Vietnam in the first two months of 2026 reached over $6.03 billion, involving 620 new projects.

Specifically, the total registered FDI capital in Thai Nguyen during the first two months of this year reached more than $1.65 billion, 14 times higher than the same period last year ($113.78 million), accounting for 27.4% of the country’s total registered FDI in the first two months of this year. The driving force behind this breakthrough growth came from $1.31 billion in newly registered capital, along with $341.3 million in additional adjusted capital from ongoing projects in the province.

To date, cumulative registered FDI in Thai Nguyen has reached over $11.9 billion with 263 active projects. Thanks to its consistent investment attraction policies, increasingly business-friendly environment, and practical administrative reforms, Thai Nguyen has experienced robust development, gradually establishing itself as a center for industrial growth and innovation in the Northern region.

Furthermore, investment promotion and attraction activities in Thai Nguyen have been vibrant since the beginning of the year. At the 2026 Thai Nguyen Investment Promotion Conference held in January, provincial leaders granted investment registration certificates, investment policy approvals, and memorandums of understanding (MOUs) to 31 projects.

Among these were 23 domestic projects with a total capital of nearly $2.9 billion and 8 foreign-invested projects totaling more than $1.5 billion.