On the morning of October 8, Mr. Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee and Chairman of Hung Yen Provincial People’s Committee, officially presented the Investment Policy Approval to Viglacera Hung Yen JSC, recognizing the company as the investor for the Construction and Infrastructure Business Project of Industrial Park No. 01 – Phase 1.

Viglacera Hung Yen Granted Investment Approval for Industrial Park No. 01 – Phase 1
Mr. Ton Manh Dung, Vice Chairman of the Board of Directors of Viglacera Hung Yen JSC (left), receiving the investment policy approval decision.

Located across Yen My and Xuan Truc communes, Industrial Park No. 01 sits adjacent to Provincial Road 382B and is directly connected to the Hanoi – Hai Phong Expressway. This strategic location positions it as a gateway to the Northern Key Economic Region.

The project covers nearly 217 hectares, with a total investment of VND 2,325 billion, including VND 349 billion in investor equity and VND 1,976 billion in mobilized capital, with an operational term of 50 years from the date of investment approval.

According to the approved 1/2000 master plan by Hung Yen Provincial People’s Committee, Industrial Park No. 01 will be developed as a next-generation industrial park, integrating green infrastructure, high technology, and smart management, aligned with international standards for sustainable operation and development.

Perspective view of Industrial Park No. 01 – Hung Yen.

During his remarks at the ceremony, Mr. Ton Manh Dung, Vice Chairman of the Board of Directors of Viglacera Hung Yen JSC, said that receiving the investment approval for Industrial Park No. 01 is a significant milestone, not only an honor for Viglacera Hung Yen JSC, but also a testament to the trust and vision for sustainable industrial development that Hung Yen province is steadfastly pursuing.

Industrial Park No. 01 will be developed around three core pillars: Green and Sustainable, with wastewater treatment systems meeting Grade A standards, a green coverage ratio of over 15%, and priority use of renewable energy; Smart and Modern, through the adoption of digital infrastructure and a “one-stop service” management model to effectively serve investors; and Connected and Symbiotic, by establishing an industrial – logistics – urban – services ecosystem that generates sustainable economic efficiency and social value.

Industrial Park No. 01 is oriented around three main pillars: Green and Sustainable, Smart and Modern, and Connected and Symbiotic.

Once operational, the project is expected to significantly promote Hung Yen’s socio-economic development, create jobs, increase provincial revenue, and improve the living standards of local communities.

By 2030, Hung Yen aims to become a modern, fast-growing, and sustainable industrial province, targeting an annual GRDP growth of 10 – 11%, a total GRDP of about VND 600 trillion, and an average GRDP per capita exceeding VND 180 million.

Looking ahead to 2045, Hung Yen aspires to become a smart, ecological city under central governance, a major industrial, logistics, and maritime economic hub in Northern Vietnam.

The implementation of Industrial Park No. 01 – Phase 1, together with other key provincial projects, will usher in a new stage of development for Northern Vietnam, leveraging integrated infrastructure, a strategic location, and a green-smart-sustainable development orientation to attract strong domestic and foreign investment.

With GELEX and Viglacera’s proven experience and established industrial ecosystem, this project is expected to become a new FDI destination, contributing significantly to Vietnam’s industrialization and modernization, while reinforcing the pioneering role of Vietnamese enterprises in developing sustainable industrial infrastructure.

PR DEPARMENT