On December 9, 2024, the Tay Ninh Provincial Economic Zone Authority held a ceremony to present the Investment Registration Certificate for the project “Construction and Infrastructure Business of Hiep Thanh Industrial Park Phase 1” to the Vietnam Rubber Group (VRG).
Investment Approval and Provincial Commitment
The event took place at the provincial authority headquarters with the attendance of Mr. Truong Van Hung, Head of the Tay Ninh Economic Zone Authority, and representatives from provincial departments and agencies. On behalf of VRG, Mr. Do Huu Phuoc, Member of the Board of Directors and Deputy General Director, received the certificate.
Speaking at the ceremony, Mr. Truong Van Hung emphasized that after a thorough review and evaluation process, the Hiep Thanh Industrial Park Phase 1 project—invested and developed by VRG—aligns with the province’s long-term industrial planning. The project has completed all legal and technical requirements and is expected to attract multi-sector investment, especially in high technology, while creating jobs and supporting local socio-economic development.
Mr. Hung also noted that VRG has operated in Tay Ninh for many years and has extensive experience in industrial park management. Granting the investment certificate demonstrates the province’s confidence in VRG’s capability and commitment to completing the project efficiently.
VRG’s Vision and Commitment
In his address, Mr. Do Huu Phuoc expressed sincere gratitude to Tay Ninh’s authorities for their consistent support, especially during the approval process for Hiep Thanh Industrial Park. He highlighted that industrial park development on converted rubber land is one of VRG’s core business sectors, approved by the Prime Minister. VRG currently manages 15 industrial parks nationwide, all achieving positive outcomes in infrastructure investment and investor attraction.
The approval process for Hiep Thanh Industrial Park took only 18 months, underscoring the joint effort of VRG and the strong support from Tay Ninh’s departments and agencies. Mr. Phuoc reaffirmed VRG’s commitment to accompany the province in developing modern, eco-friendly industrial zones, attracting diverse industries, and building smart urban-industrial ecosystems. VRG has already prepared the necessary financial and technical resources to ensure timely implementation in line with the province’s master plan.
Project Overview and Strategic Importance
The Hiep Thanh Industrial Park Phase 1 project is located between Da Hang Hamlet and Giua Hamlet, in Hiep Thanh Commune, Go Dau District, Tay Ninh Province. It was approved by the Prime Minister on March 1, 2024, with VRG as the investor. The project covers a total land area of over 495 hectares and an investment capital of VND 2.35 trillion.
Designed under a green, multi-sector, and modern management model, the park aims to attract investments in:
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Supporting industries
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High-tech and clean technology manufacturing
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Food and beverage processing
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Logistics and warehousing services
The project will contribute to job creation, industrial restructuring, and environmental protection, supporting Vietnam’s climate adaptation goals and reinforcing Tay Ninh’s position as an emerging investment destination in southern Vietnam.