Attracting foreign direct investment (FDI) projects, Son La province has proactively contacted international organisations, countries and territories around the world to promote the consumption and export of local agricultural products. It has also provided information and publications for Vietnamese diplomatic missions in countries and territories to serve trade, investment and tourism promotion activities. The province has sent many working delegations to seek cooperation opportunities and invite investors in foreign markets, and attend major international fairs.

Currently, Son La province is home to seven FDI projects, with total registered investment capital of 153.6 million USD. They include the Ban Phuc nickel mine project in Bac Yen district; the Vietnam-Korea high-quality fruit and forestry tree production center project; the Takii Seed Vietnam Co., Ltd. (Takii Seed) project; the tea growing and processing project for export of Li Garden Vietnam Co., Ltd. in Moc Chau district; the Van Ho high-tech agricultural products preservation and processing factory project; the tea factory of Satoen Vietnam Co., Ltd. in Van Ho district; and the service project of CJ CGV Vietnam Co., Ltd.’s Son La branch in Son La city. The investors mainly come from New Zealand, Japan, the Republic of Korea and Taiwan (China), investing in the fields of agricultural production, mineral exploitation and solar power.

In general, FDI enterprises in Son La province operate stably, comply with laws, and ensure wages and regimes for employees in accordance with regulations. They have actively implemented projects under their commitments in the investment certificates and closely coordinated with local authorities to implement social security programmes, protect the environment, and recruit local labourers, contributing to the local socio-economic development.

FDI projects have been contributing to the province's economic restructuring in the field of production and processing of high-quality agricultural products; improving production levels, productivity and product quality; increasing the value of goods per area unit, improving urban infrastructure, and raising income for workers, thus gradually eliminating hunger and reducing poverty.

Son La province is actively selecting and receiving investment capital sources; strengthening close coordination with ministries and central agencies in developing planning schemes and plans, and organising investment promotion, reforming administrative procedures and speeding up site clearance.

The province will promote the formation of industrial zones and clusters; complete logistics infrastructure to increase attractiveness to investors; issue mechanisms and solutions to encourage investment attraction; step up detailed planning and production planning; and create the most open and favourable business and investment environment for investors.