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| City leaders inspecting the development planning of Phong Dien Industrial Zone in 2026 |
The Southern Growth Pole
In the city’s economic space development strategy, the southern area is identified as a new momentum of growth, in which Chan May - Lang Co Economic Zone is at its core. This zone is planned as a multi-sector integrated economic hub, developed under a modern model that closely integrates industry - urban - services - tourism and logistics.
The greatest advantage of this economic zone lies in its strategic location: positioned between the two major cities of central Vietnam, Da Nang and Hue. It sits along the North-South transport corridor, with convenient connectivity to National Highway 1, the La Son-Tuy Loan Expressway, and the North-South Railway. Notably, Chan May Port is capable of accommodating large-tonnage vessels, creating favorable conditions for the development of logistics services as well as import and export activities.
According to the approved master plan, Chan May-Lang Co Economic Zone is oriented to develop into a hub of clean industry, high-tech industry, and processing and manufacturing industries, closely integrated with seaport services and logistics. The comprehensive planning of functional sub-zones, such as industrial parks, non-tariff zones, urban areas, port logistics services, and resort tourism areas, has established a solid foundation for long-term development, helping to minimize spatial conflicts while ensuring sustainable growth for the region.
In 2025, the city granted investment licenses to 22 new projects, with a total registered capital of VND 2,128 billion across an area of approximately 35 hectares. Among them were 7 FDI projects with a total investment of USD 26.2 million, reflecting foreign investors’ confidence in the locality’s industrial development potential.
Not only has the city attracted new investment projects, but efforts to support enterprises in expanding production have also yielded positive results. In total, 12 projects were approved for capital increases, with additional investment reaching VND 21,857 billion. At the same time, the withdrawal of 4 slow-moving projects, with a combined registered capital of VND 1,744 billion, has screened and improved the overall investment quality. In 2025, the total newly registered and adjusted investment capital reached VND 23,985 billion, equivalent to 240% of the annual target and accounting for around 80% of the city’s total investment attraction.
A representative of the leaders of the city’s Economic and Industrial Zones Authority affirmed: “Hue does not attract investment at any cost. Instead, the city prioritizes projects that apply advanced technologies, generate high added value, are environmentally friendly, and have the capacity to create linkages with local enterprises. Chan May-Lang Co Economic Zone will serve as a space for modern and sustainable industrial development in the long term, acting as an important growth driver in the current period, particularly in achieving the double-digit growth target set by the city”.
Recently, at the conference on adjusting the city’s development planning for the period of 2021-2030, with a vision to 2050, economic experts noted that compared with many other localities, the distinctive feature of Hue lies in the harmonious integration between industrial planning and the orientation for urban and service development. When technical and social infrastructures are developed synchronically, economic and industrial zones will not only function as production centers but will also become attractive spaces for living and working, particularly for a high-quality workforce.
A New Highlight in Investment Attraction
In 2026, investment attraction activities have continued to gain momentum. In the first 2 months of the year, the People’s Committee of Hue approved the investor for the construction and business of the infrastructure project No. 2 in Chan May-Lang Co Economic Zone, with a total investment of VND 1,845 billion and a scale of 204 hectares, developed by Xuan Thien Group. The city also approved the infrastructure development project at La Son Industrial Park, covering an area of 467 hectares with a total investment of VND 3,075 billion, invested by VSIP. Additionally, the city is expected to approve several other infrastructure investment projects in La Son Industrial Park in the coming time.
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| The infrastructure of Gilimex Hue Industrial Park is emerging as a destination for many major businesses |
According to the City’s Economic and Industrial Zones Management Committee, in the first 2 months of the year, Hue attracted approximately VND 10.4 trillion in total investment capital, equivalent to 94.5% of the annual target, with a total land area of about 1,400 hectares. This is considered a positive signal, indicating that the city still has significant room for industrial development, as clean land funds remain available and technical infrastructure is being gradually improved.
In the city’s economic and industrial zones, there are currently 193 projects with a total registered capital of VND 144,905 billion. Among them are 56 FDI projects with a combined registered capital of VND 75,286 billion. The accumulated implemented capital has reached approximately VND 60,870 billion, equivalent to 42.5% of the total registered capital. Meanwhile, nearly 60% of the projects are currently in operation.
According to Mr. Tran Dinh Thien, former Director of Vietnam Institute of Economics, Hue is currently facing a major opportunity to reposition itself within the regional production chain of central Vietnam as the infrastructure of its economic and industrial zones continues to improve.
It is evident that the transport infrastructure system, along with economic zones, industrial parks, and seaports, is being gradually developed synchronically. This creates favorable conditions for Hue to form a comprehensive supply chain covering production, warehousing, transportation, and export. Such development not only helps reduce logistics costs for businesses but also enhances the competitiveness of products in international markets.
In addition, the city has placed strong emphasis on administrative reform, shortening the processing time for investment procedures and strengthening dialogue with businesses. A transparent and stable investment environment is a key factor in retaining existing investors and attracting major corporations, thereby creating a solid foundation for the city’s goal of rapid and sustainable economic development.