Facts and Figures

Area
KM2
Population
million people
Abudant Workforce
million people
Population
%
Growth Rate
Average GRDP 
USD
billion
Export Turnover
 
million
Import
million
Registered FDI Capital
,
Billion USD
Provincial Competitive Index
Key facts
Largest province
#1
By land area
(16,481.56 km2)
Abudant Workforce
2.0
million people
High populated
#4
3.42 million people
Provincial GDP Growth
7.14%
(Higher than Nation's Average)

Highlights & Strategic Advantages

Largest province by land area in the North Central Region.

Among the most populous provinces in Vietnam.

Above-average GDP growth, exceeding the national rate.

Strategic Location & Connectivity

Located centrally in the North Central Region, with major advantages for business, education, manufacturing, transport, and logistics.

Infrastructure includes:

83 km of coastline

An international airport

Access to three deep seaports

A railway station

Four border crossings with Laos, including Thanh Thuy International Border Gate

Synchronized infrastructure and
services for investors

Nghe An is among the few provinces with a varied infrastructure and services for investors. Power supply source for daily use and production of the city is guaranteed to supply the national power. Water supply is available with a capacity of about 80,600 m3/day for Vinh City and its suburbs with expandable plan up to 150,000 m3 in 2020. Financial and banking service are available to meet the demand of investors.

Water supply capacity
m3/day

Extensive educational opportunities and
workforce

Alongside this extensive infrastructure of Nghe An, there is a growing educated working-age population. Over 24,000 new graduates are drawn 7 universities, 6 colleges, 4 professional schools and 61 vocational training schools in Nghe An. According to Nghe An Government, Nghe An in the educational and training center providing sufficient qualified human resources for investment, development and is a large market for all goods and services. The total number of human resources consists of over 1.7 milion labors, of which professionally-educated people account for 42%, skill - trained workers account for 32%.

Positive investment
climate

Special tax incentives with full support Nghe An government are by Dong Nam Economic Zone. WHA Industrial Zone 1 - Nghe An is currently drawing both local and foreign direct investment, as a strategic manufacturing hub in Vietnam, attracting extensive development.

According to Nghe An Government Office (http://nghean.gov.vn), Nghe An has made efforts to improve the environment for investment and business. The province has effectively practiced the slogan "The authority goes together with enterprise" by organizing direct dialogues between the authority and companies to solve problems and difficulties for the investors, positively implementing administrative reform and granting preferential policies for investment incentives and support in the proper manner, providing all favorable conditions for enterprises to study and seek for investment opportunities, and to carry out their investment projects effectively in the province.

Source: Comparative Advantages of Nghe An Province.