Phú Thọ Establishes Three Industrial Clusters Covering 195 Hectares

Phú Thọ’s Department of Industry and Trade announced the establishment of three industrial clusters—Xuân Hòa, Phú Mỹ 1 and Tiến Sơn—on the afternoon of November 12, 2026. The three projects cover a total of 195 hectares, with combined infrastructure investment of approximately VND 2.139 trillion. Xuân Hòa covers more than 45 hectares, Phú Mỹ 1 covers 75 hectares, and Tiến Sơn covers more than 74 hectares.

Phú Thọ provincial leaders presented the decisions establishing the three industrial clusters to their investors.（VietVance）

Once construction is complete and the three industrial clusters begin operating, they are expected to attract businesses and create about 16,000 jobs. Local authorities hope the projects will raise residents’ incomes and budget revenue while supporting economic and social development in the surrounding areas.

All three industrial clusters are planned for multiple industries, with priority given to processing and manufacturing, supporting industries, high technology, advanced technology and clean industry. Priority projects must also have high added value, use land efficiently, be capable of collaborating across production chains and align with Phú Thọ’s plans. The Xuân Hòa cluster aims to attract industries including machinery, textiles and garments, leather and footwear, electronics, and digital technology.

Phú Thọ lies west of Hanoi and serves as a corridor for economic exchange between Vietnam’s northern plains and northern mountainous areas. In the first three quarters of 2026, the province’s gross regional domestic product, measured at comparable 2020 prices, was estimated to have risen 10.01% year on year, with industry and construction growing 13.48%. At current prices, gross regional domestic product was estimated at VND 345.4 trillion, with industry and construction accounting for 50.7%.

Source: VietVance