Investment

Bac Ninh - an ideal investment destination in industrial zones

KIM DUNG - VU PHUONG (Dang Truong translates) 23/06/2026, 16:54

Bac Ninh has affirmed its position as a modern industrial hub and a leading ideal investment destination in Vietnam.

Possessing a synchronous master plan with a large-scale system of industrial zones, outstanding connected transport infrastructure, and an open business environment, the province has won the trust of numerous leading multinational corporations in the world.

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On June 19, 2026, Vice Chairman of Bac Ninh Provincial People's Committee Pham Van Thinh surveyed production conditions and resolved difficulties and obstacles for businesses at Que Vo Industrial Zone.

Strategic Vision and Sustainable Industrial Zone Development

According to Nguyen Van Phuc, Head of the Management Board of Bac Ninh Industrial Zones, under the Bac Ninh Provincial Planning for the 2021-2030 period with a vision to 2050 approved by the Prime Minister, Bac Ninh is oriented to become a high-tech industrial center for the whole country. A total of 52 industrial zones (IZs) have been planned in the province with a total area of up to 16,138 hectares.

As of the current time, the realization of this master plan has achieved highly encouraging results: 43 IZs have approved master plans with a total land area of 13,089 hectares. 39 IZs have been approved for investment policies and infrastructure construction and business investors (including 59 infrastructure projects) with a total area of about 11,629.5 hectares. Among these, the land area for industrial use, IT development, and rental services reached about 8,220.92 hectares. The leased industrial and administrative service land area reached about 4,363 hectares, corresponding to an occupancy rate of 53.53%.

To anticipate the shift in global investment capital, Bac Ninh always proactively prepares clean land funds. Currently, industrial zones in the province have about 560 hectares of cleared land ready for immediate handover to investors. Some typical IZs with large land advantages include Gia Bình II IZ (130 ha), Thuan Thanh I IZ (90 ha), Yen Lu IZ (70 ha), Yen Phong II-A IZ (50 ha), Dong Phuc IZ (50 ha), Hoa Phu Expanded IZ Phase 1 (45 ha), Thuan Thanh III-B IZ (30 ha), and Song Mai - Nghia Trung IZ (30 ha).

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Bac Ninh and Canby City, Oregon, expand their economic, trade, and high-tech agriculture cooperation corridor.

Looking further ahead to the 2026-2030 phase, Bac Ninh expects to plan 66 industrial zones with a total area of up to approximately 20,223 hectares, standing ready to accommodate any production scale of large economic groups.

In-depth Investment Attraction Strategy

According to the Head of the Management Board of Bac Ninh Industrial Zones, in the 2026-2030 period, Bac Ninh IZs aim to attract about 6.5 - 8 billion USD in investment capital (averaging 1.6 billion USD/year). To achieve this goal, the management board orients the development of new industrial zone models in depth.

For High-Tech Industrial Zones, the province focuses on attracting research and development (R&D) projects and high-tech manufacturing, tightly linked with the innovation ecosystem and high-quality human resource training.

For Eco-Industrial Zones and Green Industrial Zones, the locality promotes businesses to use clean and renewable energy, implement waste recycling, and share technical infrastructure to minimize carbon footprints, meeting the strict green standards of the international market.

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Regarding Specialized and Supporting Industrial Zones, the board directs the formation of industrial clusters to improve localization rates, creating conditions for domestic enterprises to deeply participate in the global supply chains of multinational corporations.

Bac Ninh commits to continuing to accompany and create an open, safe, and transparent investment environment to maintain its position as a leading modern 'industrial capital' in Vietnam, Mr. Phuc shared.

Striking Investment Pictures and Impressive Figures

According to Tran Son Tung, Deputy Head of the Management Board of Bac Ninh Industrial Zones, under the close direction of the Provincial Party Committee and the Provincial People's Committee, investment promotion and management in IZs have achieved breakthrough achievements, confirming its status as an ideal destination for both FDI and DDI capital flows.

Regarding cumulative investment attraction results, as of June 18, 2026, the industrial zones in the province have attracted 2,297 valid secondary projects from 41 countries and territories, with a total registered investment capital reaching 45,519.41 million USD.

In the FDI Sector, there are 1,672 projects with a total registered capital of 40,994.55 million USD, where the implemented capital reached about 37 billion USD. This sector plays a dominant role in electronics and high-tech industries, featuring global corporations such as Samsung, Foxconn, Luxshare, Goertek, Amkor, Hana Micron, and Canon.

In the DDI Sector, there are 625 projects with a total registered capital of 114,478.7 billion VND, which is equivalent to 4,524.86 million USD, with implemented capital reaching about 85,000 billion VND.

While 2025 recorded a brilliant result with Bac Ninh ranking 2nd nationwide in FDI attraction (reaching 5.52 billion USD), the Industrial Production Index (IIP) increasing by 17.09%, and export turnover leading the country (over 93 billion USD), this growth momentum has been firmly maintained in the first half of 2026.

Regarding outstanding results in the first 6 months of 2026, the total registered capital for newly granted and adjusted projects for both infrastructure and secondary projects reached 2,701.68 million USD. In this, FDI capital reached 2,214.36 million USD and domestic capital reached 12,447.65 billion VND, equivalent to 487.32 million USD.

For secondary projects, the total newly granted and adjusted converted capital reached 2,382.4 million USD. Newly granted projects include 117 projects with a total capital of 688.6 million USD, consisting of 82 FDI projects worth 515.5 million USD and 35 DDI projects worth 4,379.7 billion VND. Capital adjustments include 155 project instances increasing capital with a total added value of 1,693.8 million USD, where FDI increased by 1,626.4 million USD and DDI increased by 1,708.6 billion VND.

For IZ infrastructure projects, new investment policies were approved for 05 projects with a total capital of 8,000.2 billion VND, equivalent to 319.28 million USD. The projects include Yen Son IZ (154.48 ha), Yen Son - Bac Lung Expanded IZ Phase 1 (145.46 ha), Xuan Cam - Huong Lam IZ Phase 2 (121.17 ha), Chau Minh - Bac Ly - Huong Lam IZ Phase 2 (105.5 ha), and Duc Giang IZ Phase 1 (79.96 ha).

KCN Quế Võ II – giai đoạn 1

Que Vo II Industrial Zone – Phase 1.

In addition to driving new capital flows, the Management Board also resolutely reviewed and weeded out inefficient projects. In the first 6 months of 2026, 31 secondary projects were revoked with a capital amount of 129.47 million USD. Cumulatively to date, 744 projects have ceased operations and been revoked with a total capital of 3,192.47 million USD. Currently, the Board is focusing on finalizing the infrastructure evaluation reports for 05 other large IZs to prepare for the next phase.

Mr. Tung stated that the development of industrial zones has contributed more than 80% of the province's total industrial production value, becoming the main driver to raise the average GRDP per capita, and promoting transport infrastructure and logistics services in Bac Ninh.

Regarding the outstanding economic efficiency in the first 6 months of 2026, the province continued to maintain high performance with industrial production value reaching 1,262,578 billion VND, enterprise revenue reaching 1,327,110 billion VND, exports reaching 43.4 billion USD, imports reaching 41.9 billion USD, budget contribution reaching 14,345 billion VND, and realized investment capital disbursement reaching 1,000 million USD.

Hiện tại, 23 IZs have entered stable operations, attracting 2,092 manufacturing and business enterprises, creating jobs for 629,621 workers, where local labor accounts for 35% and female labor accounts for 55.46%. In addition, the IZs have attracted 22,678 foreign experts and technical workers, boosting high-quality vocational training linkages.

Enterprises in the IZs have also actively contributed to social security programs, constructing worker housing and social housing, and carrying out many meaningful welfare activities to care for the material and spiritual lives of workers.

Hand in hand with economic development, environmental protection is always placed at the forefront by the Management Board. To date, 100% of operational IZs (23/23 IZs) have invested in centralized wastewater treatment systems that meet environmental standards. The Board regularly guides, inspects, and tightly monitors operations, promptly coordinating to handle violations to ensure sustainable development goals.

Promoting Administrative Reform and Information Technology Application
Mr. Dinh Nam Thang – Deputy Head of the Management Board of Bac Ninh Industrial Zones, stated that to provide maximum support for businesses, the Board has been resolutely implementing administrative procedure reforms and digital transformation.

Currently, 100% of public services and fee/charge payments are handled online. Project results of administrative procedures are digitized, connected, and synchronously shared with the province's Electronic One-Stop Information System and the Public Service Portal of the Public Administration Center. This ensures that tasks are handled entirely in a network environment, keeping records public and transparent via code numbers for businesses to track easily.

With consensus ranging from strategic orientation to decisive implementation actions, the Management Board of Bac Ninh Industrial Zones commits to always being a solid anchor, accompanying investors to build sustainable prosperous values in the locality.

Author: KIM DUNG - VU PHUONG (Dang Truong translates)