Tay Ninh Deepens Hong Kong Investment Ties

China is already Tay Ninh’s largest foreign investor, with 1,108 active projects worth more than $11.6 billion, according to local officials. Hong Kong investors account for 246 of those projects, with registered capital of more than $3.3 billion, making them one of the province’s most important foreign business communities.

The province is pitching scale and connectivity as its main advantages. It covers 8,536 square kilometers, has a population of more than 3.2 million and a workforce of over 1.7 million, while sitting next to Ho Chi Minh City and linking to Cambodia through international border gates and seaport access. Local authorities also said they are expanding industrial space and want to reach 100 industrial parks and 108 industrial clusters by 2030, with more than 37,500 hectares in total.

That buildout matters economically because Vietnam’s manufacturing growth increasingly depends on provinces that can absorb new foreign direct investment, support supplier networks and handle logistics across borders. Tay Ninh says it already has more than 1,400 hectares of ready-to-use land, which could appeal to Chinese and Hong Kong firms looking to diversify production, shorten supply chains or serve the wider Mekong and southern China markets.

Hong Kong’s role as a financial and trading hub also makes it a useful bridge for Vietnamese exporters and investors seeking access to mainland China and global markets. The B2B meetings and product showcases around the event suggest Tay Ninh is not just seeking more capital, but also more commercial tie-ups for manufacturers, distributors and component suppliers.

For investors, the key question is execution: whether Tay Ninh can convert its land bank and infrastructure plans into bankable projects fast enough to compete with other manufacturing hubs in southern Vietnam. The next catalysts are likely to be follow-on investment commitments, new factory announcements and progress on industrial park expansion.