The Yen Binh centralized digital technology zone, adjacent to Ring Road 5 of the Capital Region and spanning nearly 200 hectares, was broke ground on the morning of July 2 by a member company of Saigonres.
The project covers an area of nearly 200 hectares, located in Van Xuan and Diem Thuy wards (formerly Pho Yen City), about 45 km from Hanoi. This location is adjacent to Ring Road 5 of the Capital Region, close to many major industrial parks such as Diem Thuy, Song Cong 2, and the Samsung Thai Nguyen factory complex.
According to the 1/2000 scale zoning plan, the Yen Binh centralized digital technology zone consists of two main subdivisions. Subdivision 1, covering more than 110 hectares, includes various functions such as production, research, training, exhibition, and offices.
Subdivision 2, spanning nearly 27 hectares, will develop expert accommodation, cultural, medical, and educational facilities. The project also allocates 7.7 hectares of land for apartments, a financial center, hotels, and offices. Other components include green landscapes, parking lots, and roads.
The project is oriented to become an urban technology complex, focusing on 5 fields: digital graphics, software and artificial intelligence, industrial automation and robotics, unmanned aerial vehicles, and IoT devices and semiconductors.
Overall perspective of the Yen Binh centralized digital technology zone adjacent to Ring Road 5 of the Capital Region. Photo: SGR
Overall perspective of the Yen Binh centralized digital technology zone adjacent to Ring Road 5 of the Capital Region. Photo: SGR
The project investor is a joint venture between Van Xuan Digital Technology Investment Company Limited and Lizen Joint Stock Company. Among them, Van Xuan is a member unit of Saigon Real Estate Joint Stock Corporation (Saigonres – SGR).
A representative of the investor said that so far, the stages of topographical and geological survey, and environmental licensing have been completed, and they are compensating and clearing land for local residents. From the fourth quarter of 2026 to the second quarter of 2028, the enterprise will complete basic infrastructure construction. The project is expected to become operational from the third quarter of 2028.
Once operational, the Yen Binh digital technology zone is expected to contribute 5-10% to the gross regional domestic product (GRDP). In the first 5-7 years, the project is expected to attract 3-4 billion USD in secondary investment capital, creating about 20,000 jobs.
At the groundbreaking ceremony, Deputy Prime Minister Ho Quoc Dung requested Thai Nguyen province to promote administrative reform, develop digital infrastructure, and resolve difficulties during project implementation. He expected that Thai Nguyen’s first digital technology zone would create a favorable environment for research, development, technology transfer, and high-quality human resource training for the locality and neighboring provinces and cities.
Thai Nguyen is one of the leading localities in the country in attracting foreign direct investment (FDI), focusing mainly on high-tech industries, electronics, and semiconductors. To date, the province has a total of 37 industrial zones and one centralized digital technology zone.
In the first 6 months of the year, the province attracted more than 8 billion USD in foreign investment, accounting for 42% of the total FDI invested in Vietnam. Among these, 15 new projects were licensed with a total registered capital of nearly 5.8 billion USD.
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