THANH HOA

AN ATTRACTIVE INVESTMENT DESTINATION

THANH HOA
AN ATTRACTIVE INVESTMENT DESTINATION

SOCIO-ECONOMIC DEVELOPMENT ORIENTATION

Orientation and growth targets for Thanh Hoa province in the period 2021-2030, vision to 2045:

MỤC TIÊU PHÁT TRIỂN KINH TẾ GIAI ĐOẠN 2026 - 2030

ECONOMIC DEVELOPMENT TARGETS

2026 - 2030

Gross Regional Domestic Product (GRDP)

>11%
(nông, lâm nghiệp, thủy sản: >3%; công nghiệp - xây dựng: >14%; dịch vụ: >9%; thuế sản phẩm: >6%)

GRDP PER CAPITA

7,900

USD

Total mobilized funds in the province

>840,000

BILLION USD

Export values

>15

BILLION USD

Urbanization rate

>50%

Average labor
productivity increases per year

8,1%

Contribution of Total factor productivity (TFP) to (GRDP)

>55%

ECONOMIC STRUCTURE (2030)

Industry - Construction

Service

Agriculture, forestry, aquaculture

Taxe on product

3 GROWTH DRIVING PILLARS

1. Processing And Manufacturing Industry

Thanh Hoa will become one of the critical hubs of the North Central region and the whole country in terms of processing and manufacturing industry, serving as the foundation for economic restructuring towards industrialization and modernization, which focuses on developing sectors that have competitive advantages and high productivity. Some significant industries oriented to development are petrochemical, chemical, power, supply, mechanical, electronics, metal, construction material, and textile industries.

2. Agriculture

Agriculture will be restructured, focusing on developing large-scale, high-value-added farming and breeding models closely linked to the food processing value chain to improve production efficiency. High-tech and organic technology will also be applied to improve land use efficiency and increase the productivity of crops, livestock, and labor. Some major agricultural industries oriented to development are horticulture, animal husbandry, forestry, and aquaculture.

3. Tourism

By 2030, Thanh Hoa will become one of the country's tourism centers with high-quality tourism products, affirming its brand and competitiveness. Three types of tourism that are oriented to development are beach tourism, community-based ecotourism, and heritage travel.

4 STEERING ECONOMIC HUBS

1

Southern steering economic hub (Nghi Son economic zone)

Nghi Son economic zone aims to develop as one of the country's coastal urban, industrial, and service centers and then a multi-sector area focusing on heavy industry, basic industry, energy industry, processing, manufacturing, and services associated with efficient exploitation of Nghi Son seaport.

2

Former Thanh Hoa City Driving Center – Former Sam Son City

Thanh Hoa City - Sam Son City steering economic hub aims to develop multi-sector services focusing on developing clean and high-tech industries with high added value, high-quality human resources, beach tourism, and heritage travel, making Sam Son City one of the country's key tourist destinations.

3

Western steering economic hub (Lam Son - Sao Vang)

Lam Son - Sao Vang area aims to develop a new steering economic hub of the province in association with Tho Xuan airport and high-tech industrial and agricultural zones, followed by forming the Lam Son - Sao Vang urban area and developing heritage travel in Lam Kinh and Le Hoan unique national relics.

4

Northern steering economic hub (Bim Son - Thach Thanh)

Bim Son - Thach Thanh area aims to develop a steering economic hub in the North of the province associated with the Bim Son industrial park.

6 ECONOMIC CORRIDORS

1

Coastal economic corridor connecting Thanh Hoa province with the northern provinces (Quang Ninh, Hai Phong, Thai Binh, Nam Dinh, Ninh Binh) and Nghe An province (in the central region) through the coastal road and National Highway 10.

2

The North-South economic corridor is the central axis of the province in the North and South directions, connecting Thanh Hoa province with Ha Noi, Northern, and Northern Central provinces via National Road 1A and the North-South expressway.

3

The central economic corridor: It is the central East–West axis of the entire province, playing a key role in regulating the province’s economic, urban, and service activities. It connects the former Sam Son City – former Thanh Hoa City – former Tho Xuan District via Nam Song Ma Boulevard, Le Loi Boulevard, and the Nghi Son – Tho Xuan Road.

4

International economic corridorconnecting Nghi Son seaport and Tho Xuan airport with Northwestern provinces and Lao PDR via the route from Tho Xuan airport to Nghi Son Economic Zone, Ho Chi Minh Road, National Road 15, National Road 217 and Na Meo international border gate.

5

Ho Chi Minh road economic corridor (agricultural highway), connecting Thanh Hoa province with Ha Noi, the northern provinces, Nghe An province, and especially the midland and mountainous districts of the province.

6

North East economic corridor connecting Lach Sung port - Nga Son - Bim Son -Thach Thanh with Northern provinces via National Highway 217B, National Highway 217, and Ho Chi Minh road.
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PEOPLE’S COMMITTEE OF THANH HOA PROVINCE

Implementation unit: 

OFFICE OF THE THANH HOA PROVINCE PEOPLE'S COMMITTEE 

  • Address: 35 Le Loi Avenue, Hac Thanh Ward, Thanh Hoa Province
  • Phone: 0237 3852 246
  • Email: investinthanhhoa@thanhhoa.gov.vn

Website link

The Ministry of Finance

National Investment Information System (FDI)

The web portal of Thanh Hoa province

Public Administration Center in Thanh Hoa province

Investment Promotion Materials Design Agency:
Minh Khang Communication Technology Company (MKA)

Online support