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relevant agencies and units to support, remove
difficulties and create the most favorable conditions
for investors to deploy implement the project in the
province. At the same time, implement a specific plan
Before arriving Vietnam, we visited, researched to improve the Provincial Competitiveness Index
markets, labors in many countries and decided (PCI). Continuing to develop human resources in the
to choose and build factory in Phu Tho province, direction of assigning training targets according to
Vietnam. We realized that the province has specific industry codes for training establishments
abundant labor source, smart and diligent and vocational education establishments to prepare
people, the local government really interested enough highly skilled human resources according to
in and support businesses. Advantages in the occupations, a priority area to attract investment.
investment and operation, the revenue of factory In the coming period, the province will continue
reached 45 billion VND, paid to the state budget to pay attention to investing and upgrading many
1,5 billion VND, created job for 265 employees. provincial and district roads, inter-regional roads,
Mr. Jo YoungSoon - and highways connecting industrial parks and
Director of YB Vietnam Co. Ltd raw material areas with national traffic routes and
(Bai Ba Industrial cluster, Thanh Ba district) neighboring provinces form a synchronous road
network. At the same time, it is planned that by 2030,
develop 12 industrial parks with a total area of about
5,095 hectares, and over 40 high-tech parks with an
area of about 7,600 hectares. The province also focuses
Garment Factory Project worth nearly 113 million USD;
Regent Vietnam textile project worth 180 million USD… on improving the quality of ancillary services so that
businesses, investors, and experts can feel secure in
The quality of FDI projects “poured” into the choosing to live and work in the province.
province is increasingly improving, identified as
one of the important solutions for socio-economic Phu Tho is affirming itself as a destination
development, helping Phu Tho quickly expand for corporations, large enterprises, contributing to
and increase investment capital for development, enhancing the province’s position domestically
increase production capacity, and contribute to and internationally with many flexible and creative
economic restructuring. Many businesses have solutions and methods, creating the most favorable
invested successfully, made great contributions to conditions in all aspects to attract investors and FDI
the economy, created many jobs for workers, and enterprises to invest in the area./.
are a bridge for large businesses and corporations
to have more confidence in learning and promoting
investment in Phu Tho. Named in the group of 10
excellent FDI enterprises in Phu Tho province and
honored in the group of 20 excellent FDI enterprises in
Vietnam, Sunrise Vietnam Industry Co., Ltd. (Cam Khe
Industrial Park, Cam Khe district) Exported 15 million
products, export value reached 46 million USD in 2023.

Continuing to create confidence for investors,
Phu Tho is continuing to implement solutions to
create a favorable investment environment in the
spirit of “business success is the province’s success”.
In particular, the policy is to review and reduce
administrative procedures in parallel with directing

THÔNG TIN ĐỐI NGOẠI PHÚ THỌ  Số 15-2024 57