The northern province of Bac Ninh continues to be a top destination for foreign direct investment in Vietnam, thanks to its investor-friendly environment, modern infrastructure, and abundant workforce, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Bac Ninh (VNA) – The northern prov🥃ince of Bac Ninh continues to be a top destination for foreign direct investment in Vietnam, thanks to its investor-friendly environment, modern infr🔯astructure, and abundant workforce, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Chinese investors, particularly those from Shenzhen, are showing keen interest in Bac Ninh's semiconductor and high-tech chip manufacturing sectors, said Hu Wen Da, Chairman of Zhong’an Jichuang Investment Co., Ltd. The province's attractive investment climate has prompted the company to consider investing in the area and encouraging other Chinese firms to follow suit.
Bac Ninh has experienced a surge in foreign investment this year, with 279 new projects approved since the beginning of the year, a 53.3% increase compared to the same period last year. Additionally, existing projects have received an additional 1.2 billion USD in investment, while capital contributions and share purchases totalled 40.9 million USD.
The province has ambitious plans for the future. A recently-approved list outlines 167 projects covering over 11,600 ha, with a focus on agriculture, commerce, services, residential and urban development, social housing, industrial zone infrastructure, and social amenities.
Major global corporations, including Goertek, Amkor, Foxconn, Suntory Pepsico, and Victory Giant Technology, are looking to expand their operations in Bac Ninh.
To reach the goal of attracting a total of 7 billion USD in foreign investment this year, the province is taking a series of measures to improve business environment, enhance workforce quality, and promote investment opportunities./.
Projects carried out by investors from the Republic of Korea (RoK) in the northern province of Bac Ninh are expected to create a highlight in the locality’s urban development in the coming years, Secretary of the provincial Party Committee Nguyen Anh Tuan said on July 16.
A conference was held on June 26 to review the implementation of a Memorandum of Understanding (MoU) on tripartite cooperation between the Ministry of Industry and Trade (MoIT), the People's Committee of Bac Ninh province, and Samsung Electronics Vietnam Co., Ltd. regarding a programme to support Vietnamese enterprises in Bac Ninh.
An event titled “ Bac Ninh – Kinh Bac Cultural Night” was held in Paris on May 31 to promote cultural values of the northern province of Bac Ninh which is often referred to as Kinh Bac – a land with long history and ancient culture in Vietnam.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
