Phu Tho reports strong economic growth and surge in FDI

Phu Tho province is experiencing significant economic growth following the implementation of strategic resolutions focused on science, technology, innovation, and digital transformation. In the first half of 2026, the province's GRDP grew by an estimated 10.18%, ranking seventh nationally and leading the Northern Midlands and Mountainous region.

Foreign Direct Investment (FDI) reached nearly $1.8 billion, a 4.9-fold increase compared to the same period last year. Notable high-tech projects include an expansion of electronic equipment production by BYD from China and the Meiko Yen Quang electronic microcircuit manufacturing plant from Japan, each representing an investment of approximately $500 million. The province is shifting its approach toward building a development ecosystem that integrates enterprises, science, technology, and international integration.