Phu Tho Industrial Parks 2025: Latest Updates & Panorama

With the strategic potentials inherited from the former provinces of Vinh Phuc, Phu Tho, and Hoa Binh, the newly-established Phu Tho Province is rapidly affirming itself as a key industrial destination in Northern Vietnam. The latest planning emphasizes high technology, supporting industries, processing sectors, and logistics to fully harness this combined advantage.

Overview and Outstanding Investment Advantages of the New Industrial Parks in Phu Tho Province

Phu Tho Province, strategically located in Vietnam’s northern midland region, is emerging as an attractive destination for domestic and foreign investors. With a favorable geographical position, synchronized infrastructure, and preferential policies, Phu Tho’s newly developed Industrial Parks (IPs) offer outstanding advantages for enterprises seeking sustainable and long-term development.

Strategic Location

• Positioned as the gateway connecting the Northern midland and mountainous areas with the Red River Delta, Phu Tho enjoys excellent accessibility.

• The province lies on key transportation routes such as National Highway 2, Noi Bai – Lao Cai Expressway, and transnational railways, facilitating efficient connections to Hanoi, Hai Phong Port, and Lao Cai Border Gate to China.

• This makes Phu Tho an ideal logistics hub for both domestic distribution and international trade.

Modern Infrastructure

• Newly developed industrial parks in Phu Tho are designed with synchronous technical infrastructure, including wide internal roads, stable power supply, water treatment systems, and high-speed telecommunications.

• Proximity to major seaports, airports, and logistics centers ensures cost-effective and timely supply chain operations.

Abundant Labor Resources

• With a population of nearly 1.5 million people and a young, skilled labor force, Phu Tho offers abundant human resources at competitive labor costs.

• The province is home to many vocational training institutions and universities, ensuring a continuous supply of qualified workers for industries such as textiles, electronics, mechanics, and supporting industries.

Strong Government Support

• Phu Tho’s authorities are committed to creating a favorable and transparent investment environment, offering incentives such as corporate income tax exemptions, land rent reductions, and simplified administrative procedures.

• Investors also benefit from supportive policies for high-tech and environmentally friendly projects, aligning with the province’s sustainable development strategy.

Attractive Investment Sectors

• Priority industries for investment include:

  • Textiles and garments

  • Electronics and electrical equipment

  • Mechanical engineering and supporting industries

  • Agro-processing and food industries

• The diversity of sectors allows investors to explore multiple opportunities while benefiting from supply chain synergies.

Major Industrial Parks in Phu Tho Province (2025 Update)

Here is a detailed list of Industrial Parks in Phu Tho as of 2025, with their locations, scales, and key characteristics.

Industrial Parks from Former Vinh Phuc Territory (Now Part of Phu Tho)

The industrial parks that were part of Vinh Phuc before the administrative reorganization are now under Phu Tho. They bring成熟 infrastructure and strong track records.

• Binh Xuyen & Binh Xuyen II: centers for automotive, motorbike industries and supporting sectors.

• Khai Quang Industrial Park: multi-sector, attracts many Japanese and Korean companies.

• Ba Thien & Ba Thien II: focus on high technology, electronics.

• Tam Duong I & Tam Duong II: large scale, with synchronized infrastructure.

• Stavian Vinh Phuc Industrial Park: a key project of ours, located in Thai Hoa commune; planned as an eco-industrial, smart, clean industries and logistics-oriented park.

Industrial Parks from Former Hoa Binh Territory (Now Under Phu Tho)

These parks contribute additional advantages in resources and workforce to the new Phu Tho Province.

• Luong Son Industrial Park: gateway location near Hanoi, attracting electronics, precision mechanics.

• Left Bank of the Da River Industrial Park (“Bo Trai Song Da”): advantage in river logistics and heavy industries.

• Yen Quang Industrial Park: focus on building materials production and mineral processing.

• Lac Thinh Industrial Park: actively calling for investment.

Notable Companies in Phu Tho Industrial Parks

The presence of major firms highlights the strong attractiveness of Phu Tho’s investment environment:

• Electronics & High Technology: Samsung, Foxconn, BYD, Goertek.

• Automotive & Mechanical: Toyota, Honda, Piaggio.

• Textile & Footwear: Suppliers to global brands such as Nike, Adidas.

• Food Processing & Agriculture: Many domestic and foreign firms leveraging the agricultural strengths of the region.

This diversity supports a robust industrial ecosystem ideal for new investors.

FAQ – Frequently Asked Questions about Phu Tho Industrial Parks

1. Are investment procedures in Phu Tho Industrial Parks complex?
   The new Phu Tho Province has implemented a “single connected window” mechanism, greatly simplifying administrative procedures. At StavianIP, we offer full support from A to Z, helping investors complete required formalities quickly.

2. What investment incentive policies are available in Phu Tho’s Industrial Parks?
   Investors will enjoy top-tier incentives according to Government regulations on corporate income tax, land lease fees, import tax, plus additional preferential policies specific to the province.

3. Is the labor supply in the new Phu Tho Province abundant?
   Yes. With a large population following the administrative merger and a network of universities, colleges, vocational schools, the new Phu Tho has a plentiful and high-quality labor force capable of meeting the requirements of high-tech enterprises.

Stavian Vinh Phuc Industrial Park (Now Part of Phu Tho)

A key development led by StavianIP, Stavian Vinh Phuc industrial park is planned to meet international standards, especially for investors looking for modern infrastructure and supportive policies.

• Location: Thai Hoa commune, now in Phu Tho Province. Strategically located between two provincial roads from (former) Vinh Phuc, about 20 km from the former Vinh Yen City; 40 km from Noi Bai International Airport; 60 km from central Hanoi.

• Scale: Total planned area is 281 hectares; Phase 1 covers ~145.27 ha; Phase 2 covers ~137.73 ha.

• Infrastructure & Services:

  • Clean water supply: ~8,000 m³/day-night

  • Power: 110 kV transformer station, capacity ~150 MWh

  • Wastewater treatment capacity: ~4,000 m³/day-night

  • Telecommunication / international-standard fiber optic networks

  • 24/7 security system (CCTV)

  • Supply of LNG gas system for the Industrial Park

• Project Advantages:

  • High-quality infrastructure

  • Ground elevation at 21-28 meters above sea level to help prevent flooding

  • Solid, hard soil foundation to reduce construction costs

  • Wide green belts around the park for environmental safety

  • Lower cost of living and labor in local market

• Investment Incentives:

  • Waiver of annual land rent to the State until end of December 2035

  • Corporate income tax exemption for first 2 years; reduced rate for the following 4 years

  • Import tax exemption for fixed asset imports

• Sectors Attracted:

  1. Construction materials manufacturing

  2. Precision mechanics

  3. Consumer goods: textile & garment (excluding bleaching/dyeing), footwear

  4. Agro-forestry product and food processing

  5. Ready-built factories and rental warehouses

Conclusion

The administrative unification of Phu Tho with former Vinh Phuc and Hoa Binh has opened up a fresh chapter rich with industrial potential. With a diversified system of Industrial Parks, well-connected infrastructure, and investor-friendly policies, Phu Tho is clearly emerging as a “land of promise” for both domestic and foreign investors. StavianIP is committed not only to providing modern industrial infrastructure but also to delivering comprehensive investment solutions.