Japan Leads Foreign Investment in Hung Yen with $6.82 Billion
As of October 27, 2026, Hung Yen had 1,017 active foreign-invested projects with total registered capital of $19.1 billion. Japan was its largest source of foreign investment, with 205 projects and $6.82 billion in registered capital. The province’s industrial parks continue to attract manufacturing investment.
According to the Hung Yen Statistics Office, the province had 1,017 active foreign-invested projects with total registered capital of $19.1 billion as of October 27, 2026. In the first 10 months of 2026, Hung Yen attracted 52 new foreign-invested projects with combined registered capital of $930.68 million. By registered capital, Japan was the province’s largest source of foreign investment, with 205 projects worth a combined $6.82 billion, accounting for 35.7% of its total foreign direct investment.
China ranked second with 398 projects and $4.88 billion in registered capital, accounting for 25.57%; South Korea ranked third with 216 projects and $2.29 billion, accounting for 11.98%. Investors from the three countries together accounted for more than 73% of Hung Yen’s total registered foreign direct investment. Japanese companies’ investments were concentrated in manufacturing, processing and supporting industries.
Thang Long II Industrial Park, developed by Sumitomo Corporation, has attracted 98 projects invested in by Japanese companies, with approximately $3.6 billion in registered capital. The concentration of companies in the park has provided a foundation for production cooperation, supplier networks and supporting services. A new $160 million factory invested in by Nitto Vietnam Co., Ltd. began operations in the park on September 11, producing high-tech products including polarising materials used in smartphone and automobile displays.
Thang Long II Industrial Park in Hung Yen is home to a number of Japanese manufacturers.（VietVance）
According to the Hung Yen Department of Finance, the province’s industrial parks attracted approximately $2.4 billion in investment in the first 10 months of 2026, reaching 160% of the full-year target. During the same period, 73 new projects were recorded, including 70 projects within industrial parks and three industrial park infrastructure projects. Of the 70, 35 foreign-invested projects had approximately $602 million in registered capital, while 35 domestic projects had approximately $377.4 million; the three infrastructure projects had combined registered capital of approximately $377.8 million.
Hung Yen is developing industrial infrastructure, transport links, logistics capacity and its workforce, while improving project approval and site clearance. In discussions with Japanese businesses, provincial leaders said they would continue to improve the business environment and prioritise support for projects in high-tech manufacturing, electronics, semiconductors, clean industries and energy-efficient production.
Source: VietVance
