Bac Ninh leads the country in attracting FDI capital.

Bac Ninh attracted over 15.3 billion USD in converted investment capital, including 162 newly licensed domestic investment projects and 262 FDI projects with registered capital of 256.1 trillion VND and 1,509.8 million USD, respectively.

Chairman of Bac Ninh Provincial People's Committee Vuong Quoc Tuan speaks at the conference. (Photo: Dong Thuy/VNA)

Bac Ninh has been affirming its position as a dynamic growth pole of the North, an attractive destination for investors, especially in the fields of smart cities, green cities, high technology, and semiconductor industry.

The province's investment attraction has achieved remarkable results. By the end of September 20, the province had attracted over 15.3 billion USD in converted investment capital, including 162 newly granted domestic investment projects and 262 FDI projects with registered capital of 256.1 trillion VND and 1,509.8 million USD, respectively; adjusted to increase capital for 141 domestic projects and 201 FDI projects with additional registered capital of 10,603.7 billion VND and 3,300.2 million USD. In terms of FDI attraction, Bac Ninh currently ranks first in the country.

That information was given at the regular meeting of the Provincial People's Committee in September, chaired by Chairman of the Bac Ninh Provincial People's Committee Vuong Quoc Tuan.

Along with investment attraction, economic growth of Bac Ninh province has continuously achieved positive results. Economic growth in the third quarter reached about 11.26%; in the first 9 months, economic growth reached 10.7%. Of which, industry and construction increased by about 11.73%; services increased by about 8.88%; agriculture, forestry and fishery increased by about 5.79%; product tax increased by about 6.21%. Bac Ninh set a target of economic growth for the whole year at 11.5%.

The province's industrial production index (IIP) in September increased by 14.63% compared to September 2024; in the first 9 months, the industrial production index increased by 15.93% over the same period. The industrial production value (actual price) in September is estimated at VND 236,879 billion, up 15.86% compared to September 2024; in the first 9 months, it is estimated at VND 1,766 trillion, up 15.32% over the same period.

In the first 9 months of 2025, Bac Ninh's business market also recorded strong growth with 5,448 businesses entering the market, up 25% over the same period in 2024, with a registered capital of VND 94,584 billion. In addition, 369 branches and representative offices were registered and 2,142 locations were newly established.

This figure not only reflects the positive trend in business activities but also affirms the confidence, momentum and strong resilience of the economy on its development journey.

In the context of the province implementing the two-level local government organization model, budget collection in the area still achieved many positive results, contributing to consolidating financial potential and ensuring resources for socio-economic development.

Conference scene. (Photo: Dong Thuy/VNA)

In 9 months, the total budget revenue of the whole province is estimated at 56,536 billion VND, equal to 99.5% of the yearly estimate. Of which, import-export tax revenue is 9,238 billion VND, equal to 84% of the estimate; domestic revenue is estimated at 47,298 billion VND, equal to 103.2% of the estimate, up 54.9%. There are 8 revenue items exceeding the estimate; basically all revenue items increased higher than the same period. Land use fee revenue alone is estimated at 15,461 billion VND, reaching 166.3% of the yearly estimate, equal to 325% over the same period.

Chairman Vuong Quoc Tuan affirmed that despite many difficulties, in the first 9 months of 2025, the province's socio-economic situation achieved many positive and comprehensive results in all fields.

"There are only nearly 3 months left until the end of 2025. To achieve the annual economic growth target of 11.5% and create a solid foundation for 2026, the task set for the fourth quarter is to achieve growth of 12.4%," Mr. Vuong Quoc Tuan emphasized.

On that basis, the Chairman of the People's Committee of Bac Ninh province requested departments, branches and localities to focus on drastically and effectively implementing key tasks, solutions and key tasks in the spirit of "improving the quality and efficiency of the targets that have been achieved; focusing on completing the targets that have not been achieved."

Focus on removing difficulties and obstacles in production, business, investment, site clearance... to create momentum for growth; urge contractors and investors to speed up the construction progress of project items, immediately start construction as soon as the site is available, such as the new industrial parks approved in 2024 and 2025; Gia Binh International Airport project and the route connecting Gia Binh airport with Hanoi capital; Kenh Vang bridge...

Units and agencies with projects must resolutely implement the plan to disburse public investment capital and be responsible to the province for the progress of implementation. At the same time, the province focuses on collecting budget revenue, increasing domestic revenue sources to ensure resources for social security and specific local policies, striving to exceed 20% of the government's budget revenue. Promote FDI attraction associated with high-tech transfer activities, creating links with domestic enterprises./.

Source: https://baolangson.vn/bac-ninh-dan-dau-ca-nuoc-ve-thu-hut-von-fdi-5060739.html