Phu Tho attracts over $2.4 billion in FDI through 2026

Phu Tho province has attracted more than $2.4 billion in Foreign Direct Investment (FDI) during the first nine months of 2026, reaching 151.3% of its annual target and doubling its performance compared to the same period last year.

Key developments include the commencement of the $500 million Meiko electronic microcircuit manufacturing plant in Yen Quang Industrial Park. The project benefited from a “green lane” administrative mechanism, receiving its investment registration certificate within 48 hours of submission. Other major infrastructure projects include the commencement of the 429.5-hectare Thinh Minh Industrial Park and the Thinh Minh 1 Industrial Cluster.

In addition to industrial growth, the province is promoting digital transformation within its 115 traditional craft villages. These villages, which employ over 41,000 workers, are increasingly adopting mechanization and digital platforms such as Facebook, TikTok, and Shopee to expand market reach and modernize production methods.