Quang Ninh
Coal-to-cruise transition—60% revenue from mining but targeting 14% growth via Ha Long Bay (3.5M visitors), $11K GDP/capita, $9.77B FDI (2021-25).
Quang Ninh balances coal and cruises—60% of provincial revenue from mining, yet Ha Long Bay drew 3.5 million visitors in 2025 including 2.3 million internationals via 70 cruise ships. The province targets 14% growth for 2025, expanding economic scale to VND 395 trillion ($15.45 billion). GRDP per capita reaches $11,000—2.23 times the national average. Tourism contributed 9.64% of provincial GDP in 2024.
Coal production targets 41.3 million tonnes for 2025 while the province simultaneously transitions to renewable energy—wind, solar, biomass, LNG. Ha Long-Hai Phong Expressway cut Hanoi travel to 1.5 hours; Van Don International Airport launched Shenzhen charter flights in November 2025. The Ha Long International Cruise Port—Vietnam's first specialized passenger ship terminal—anchors tourism infrastructure.
FDI attraction reached $9.77 billion from 2021-2025 (5.1x the previous period), with processing and manufacturing comprising 68.5%. Foxconn, Lite-On, and TCL operate manufacturing plants. The province prioritizes green, high-tech industry—semiconductors, automobiles, renewable energy equipment—while selectively restricting environmentally harmful projects. By 2026, Quang Ninh tests whether a coal-dependent economy can green itself without sacrificing growth.