Nghe An hails outstanding foreign investment attraction

The central province of Nghe An is emerging as a bright spot on the national investment attraction map, rising to second place in funding attraction in 2026 so far.

- By Hoai Thanh

Nghe An authorities reported that in the first four months of the year, the province wooed over $2.2 billion in foreign direct investment (FDI), ranking second nationwide. This accounts for almost 15 per cent of the country’s total FDI lured in.

Not only has the scale of capital increased, but domestic investment attraction activities have also recorded a dramatic increase. In 2026, the province has already approved 18 new projects and adjusted 58 others, with total newly registered and added capital of about $2.5 billion, nearly nine times higher than in the same period last year.

The number of newly established businesses reached nearly 1,900, up almost 60 per cent on-year, along with nearly 600 businesses resuming operations, reflecting the confidence of the private sector and the continued improvement of the investment environment.

Over the past few years, the province has been among the top 10 FDI attractors of the country. However, while 2025 only saw improvements in ranking, Nghe An this year expects to make a qualitative leap forward, with a noticeable change in the scale and structure of capital flows.