Vietnam promotes green production and attracts foreign investment

Vietnam is seeing a push toward green production and increased foreign direct investment (FDI) across various sectors. In Ha Tinh, the Hoa Cung Seafood Processing and Trading Facility is modernizing traditional fish sauce production by focusing on food safety, environmental friendliness, and improved packaging to reach larger markets. Similarly, the Thu Hang Medicinal Agricultural Products Cooperative is implementing green production methods by utilizing local raw materials and optimizing byproduct processing.

In Lao Cai, foreign investment is driving industrial growth. The Son Ha Spice Co., Ltd., a 100% foreign-invested enterprise, recently inaugurated a spice processing plant that connects local cinnamon supplies to partners in the US, Europe, and Japan. Additionally, the Japanese-invested Erex Yen Bai Biomass Power Co., Ltd. has broken ground on a 50MW biomass power plant project in Yen Bai, expected to be operational by early 2028. As of June 2026, Lao Cai hosts 68 active FDI projects with a total registered capital of 753.16 million USD, primarily in mining, processing, tourism, and agriculture.