HA NAM: A BRIGHT SPOT FOR INVESTMENT IN NORTHERN VIETNAM

25September 2024
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In recent years, Ha Nam has gradually become an ideal investment destination in the North, thanks to its outstanding advantages in location, industrial infrastructure, labor force, and investment environment. In 2023, Ha Nam achieved a Provincial Competitiveness Index (PCI) score of 66.47, ranking 36th out of 63 provinces and cities, up 10 places compared to 2022.

Located just 50 km from Hanoi, Ha Nam offers convenient connections to major transportation routes such as National Highway 1A, the North-South railway, the Phap Van - Cau Gie - Ninh Binh expressway, and the Capital’s Ring Road 5. This strategic location enables businesses to easily access both domestic and international markets while reducing logistics costs.

Ha Nam has also made significant investments in industrial park infrastructure, with comprehensive amenities such as modern electricity, water supply, wastewater treatment, and telecommunications systems. This allows businesses to confidently develop their production while saving on infrastructure costs.

Additionally, Ha Nam attracts a large number of external workers from neighboring provinces like Hung Yen and Thai Binh, providing a young, abundant, and high-quality labor force to meet the development needs of the province's industrial zones.

The province has continuously implemented synchronized solutions to simplify administrative procedures, creating a transparent and open investment environment. Furthermore, its efficient land clearance efforts for projects have contributed to effectively attracting investment capital to Ha Nam.

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