Center for production of automobiles, motorcycles, electronic equipment, and building materials
With its strategic location at the center of high-tech electronic clusters (Thai Nguyen, Bac Giang, Bac Ninh) and intersecting with the service cluster (Hanoi capital), Vinh Phuc has numerous opportunities and potential to continue developing high-tech and electronic industries, while also becoming a service center for the entire region.
With the presence of foreign investors and multinational companies such as Toyota, Honda, Sumitomo, ToTo (Japan), Piaggio (Italy), Patron, Heasung, Interflex, BH Flex, Camsys, YSL Group (South Korea), YCH Group, TAL Company, CPK Company (Singapore), De Heus (Netherlands); Polaris (United States), Compal, VPIC I (Taiwan), and Prime Group (Thailand), Vinh Phuc is becoming an important locality in promoting the socio-economic development of the Capital Region and the Red River Delta, particularly in the potential development of mechanical engineering, as well as production of automobiles, motorcycles, electronic equipment, and building materials.