Business

Production lines operating across industrial parks, new factories set to break ground, and infrastructure projects nearing completion are all helping shape Hue’s emerging industrial landscape.

Spanning over 8,600 m2, the project will offer about 454 apartments with a total investment of VND 530 billion. It is expected to boost social housing supply, address pressing demand, and support sustainable urban growth.

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.

In 2026, the city aims to achieve a growth rate of 10% or higher, creating momentum for subsequent years and contributing to the realization of the five-year growth target of 10% or more for the 2026-2030 period.

On the morning of March 17, at the Kim Long Motor Hue Manufacturing and Assembly Industrial Park, Kim Long Motor Company held an inauguration ceremony for its truck manufacturing plant and launched truck models under Kim Long brand.

To achieve double-digit growth target for the 2026 - 2030 period, Hue City is focusing on increasing and effectively utilizing investment resources.

Credit institutions in the city have expanded lending in a safe and effective manner, directing capital flows toward production and business activities and priority sectors.

According to statistics from Hue City Labor Federation, more than 98% of workers returned to work on the first day after the Lunar New Year holiday, while the rate reached 99% in economic zones and industrial parks.

Accordingly, promoting the development of the private sector, including supporting household businesses in transitioning into enterprises, is considered an important task.

Mr. Nguyen Khac Toan, Chairman of Hue City People’s Committee, chaired a meeting with relevant departments, sectors, and units to review reports and provide feedback on night-time economic development projects in the area.

At a time when many localities are accelerating digital transformation, the award not only reflects achieved results but also raises the broader issue of governance and management capacity in practice.

For Hue, the Year of the Horse not only opens a new cycle of time, but also marks the first year of implementing the Resolution of the 17th City Party Congress, a starting point for a five-year journey carrying a great aspiration...

According to the project’s orientation, the city aims to raise the proportion of the industry-construction sector to about 36-38% of GRDP by 2030.

The city leader confirmed that Hue will continue to create favorable conditions for businesses to invest in and expand production and business activities, while expressing hope that the company will further leverage its strengths...

Taking “made in Hue” salted coffee flavor far and wide is the aspiration of Pham Ngoc Anh Phuong (born in 1995), Co-founder of Alufa Technology and Trading Co., Ltd., through his investment in researching instant salted coffee product.