The conference, held in Stuttgart on June 27, brought together major German businesses and corporations, which praised Tay Ninh's strategic location and favourable investment climate.

The highlight of the event was the signing of several strategic cooperation agreements between Vietnamese enterprises and international partners, with a combined estimated value exceeding US$2.1 billion.

Among the largest projects was an agreement between VFT Bio Fuels Group and IMG Phuoc Dong JSC to develop an integrated green steel and bioenergy complex valued at approximately US$2 billion.

Hung Nhon Group also signed a strategic cooperation deal with Germany's Big Dutchman AG to develop high-tech agricultural and modern livestock farming projects in Tay Ninh, with an estimated investment of around US$100 million.

Earlier during the European business trip, Tay Ninh also held an investment promotion conference in Belgium, where additional investment agreements worth more than US$100 million were recorded.

The Vietnamese Ministry of Finance’s data showed the province ranked fourth nationwide in foreign direct investment (FDI) inflows in the first five months of 2026, attracting nearly US$2 billion in registered capital, up 94.5% year on year. Tay Ninh is now home to more than 2,190 valid FDI projects with total registered capital exceeding US$27.5 billion.

According to Huynh Van Son, vice chairman of the Tay Ninh People's Committee, the province would continue focusing on attracting investment into next-generation industrial parks built on green, smart and sustainable models to capture the ongoing shift of foreign investment.

The province also aims to position itself to benefit from the ongoing shift in global investment, particularly from European companies seeking well-developed industrial infrastructure, a stable investment environment and long-term growth opportunities in Vietnam.

Source: VOV