As a key component of the provincial industrial structure and a leading export sector, Phu Tho’s electronics industry is growing rapidly, fueled by the expansion of FDI enterprises and a more complete supporting-industry ecosystem.
The merger of Vinh Phuc, Phu Tho, and Hoa Binh into the new Phu Tho province on July 1, 2025, marked a strategic move that opens up outstanding tourism potential.
Phu Tho province is actively implementing measures to enhance investment attraction, build a sustainable business ecosystem, and strengthen its position as an appealing investment destination in the region.
Phu Tho People’s Committee Chairman Tran Duy Dong reported on the progress of three major projects at the meeting of the National Steering Committee for Important National Projects, affirming the province’s determination to complete them by December 19, 2025, to improve national transport connectivity.
With a population of over 4 million and a workforce of nearly 1.9 million, Phu Tho is prioritizing the development of high-quality human resources as a pillar to drive breakthroughs, attract major corporations, and adapt to emerging industrial trends.
With strong political determination, Phu Tho is mobilizing its entire system to turn the current period of administrative restructuring into an opportunity for accelerated development, aiming for double-digit growth in 2025.
Phu Tho Province is coordinating closely with the National Power Transmission Corporation under Vietnam Electricity (EVNNPT) to quickly execute a series of major power transmission projects, developing energy infrastructure to accommodate electricity imports from Laos.
During General Secretary of the Communist Party of Vietnam To Lam’s official visit to Bulgaria, Phu Tho and Pernik provinces signed a Memorandum of Understanding (MoU) on Friendship and Cooperation witnessed by senior leaders of both countries. The agreement represents a new step in local cooperation and helps strengthen the Vietnam-Bulgaria Strategic Partnership.
As part of its recent working visit to Australia, a Phu Tho provincial delegation led by Vice Chairman of the Provincial People’s Committee Vu Viet Van met with the Vietnamese Business Association in Australia (VBAA) in Melbourne. The meeting created new opportunities to promote trade, investment, and local products in international markets.
In the first nine months of 2025, Phu Tho’s economy showed strong progress, with gross regional domestic product (GRDP) increasing by 10.22%, ranking fourth nationwide. Budget revenue reached over VND43.9 trillion, exceeding the target set by the central government.
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