Bac Ninh: Impressive growth, affirming leading position

BAC NINH - The period of 2020 - 2025 is a difficult and challenging journey with many arising problems, deeply affecting all aspects of social life. With innovative thinking and drastic actions, the Party Committee, government and people of all ethnic groups in Bac Ninh province unite, proactively adapt, turn challenges into opportunities, gradually overcome difficulties, conquer goals, and bring the scale of Bac Ninh's economy to the leading group in the country.

Optimizing resources

The Covid-19 pandemic broke out in 2021, making Bac Ninh province the epicenter. In 2024, the historic storm Yagi caused heavy damage, affecting the implementation of the province's socio -economic goals. Amidst difficulties and challenges, the province flexibly applied solutions to optimize resources, bringing the economy to important milestones. The province's average economic growth rate in the 2021-2025 period is estimated at 8.98%/year (among the top 5 provinces and cities in the country); GRDP per capita is estimated at 5,810 USD/year, 1.15 times higher than the national average; per capita income is estimated at 69.2 million VND/year, an increase of nearly 1.3 times compared to the beginning of the term.

LS Electric Vietnam Co., Ltd. (Yen Phong Industrial Park Expansion) - Large-scale electronics manufacturer in Vietnam.

In particular, the Human Development Index (health-education-income) reached a high level (0.752). The economic structure shifted positively. In 2025, the proportion of the industrial - construction sector accounted for 71.3%, services accounted for 19.5%, agriculture, forestry and fishery accounted for 6.3% and product tax accounted for 2.9% (in 2020, the respective proportions were: 68.9%, 18.9%, 8.8% and 3.4%).

Economic growth has created resources to effectively implement social security policies and opened up new development space. Thereby contributing to improving people's lives and enhancing Bac Ninh 's position in the country and the region.

To achieve these achievements, the province focuses resources on infrastructure; strongly reforms administrative procedures and business environment. The province builds flexible investment attraction mechanisms and policies, incentives by industry and location, especially in industrial parks and high-tech zones, promptly attracting the wave of foreign investment capital flow; promulgates policies to support training of high-quality human resources. Timely review and amend administrative procedures, business conditions, standards, and technical regulations that are no longer suitable; remove obstacles for businesses... to attract investors.

Over the past 5 years, the province has attracted more than 1,800 foreign investment projects, with total registered investment capital (newly registered, adjusted and increased, contributed capital, and purchased shares) of about 20 billion USD; more than 850 domestic investment projects, with total registered investment capital after adjustment reaching 302 trillion VND. This capital has been disbursed by investors as committed, creating a strong impetus for investment and development.

Industry and construction continue to affirm itself as the main pillar promoting economic growth with an added value of 11% per year, the industrial production index (IIP) is continuously among the leading groups in the country. Total social investment capital in the period of 2021-2025 is estimated at about 715 trillion VND. The ratio of investment capital implemented in the area compared to GRDP in the period of 2021-2025 reached 33.2%, ranking 10th in the country. Trade and services have developed strongly, unleashing the market potential of more than 3.6 million people. The province's e-commerce index is always in the top 10 in the country. The whole province welcomed nearly 18 million tourists, tourism revenue is estimated at 14,047 billion VND, up 47% and 86% respectively compared to the period of 2016-2020. Postal, telecommunications and transportation services have undergone strong changes, moving towards synchronization and modernization, taking advantage of the location of goods transit. The province is interested in planning and attracting investment in logistics service areas, intermodal railway ports, dry ports, etc. In the period of 2021-2025, the total import-export turnover of the whole province is estimated to reach 659 billion USD, an increase of 1.76 times compared to the period of 2016-2020.

In addition, Bac Ninh proactively promotes, exploits, and develops digital economy, green economy, circular agriculture, and multi-value. At the same time, it increases investment in infrastructure construction, expands space, connects regions, and accelerates the urbanization process (reaching 41.6%).

Resolutely pursue double-digit growth target

Entering a new development phase, Bac Ninh is determined to achieve the double-digit growth target. This directive was thoroughly implemented by Chairman of the Provincial People's Committee Vuong Quoc Tuan in the regular and thematic meetings of the Provincial People's Committee as well as many working sessions with sectors and localities.

A corner of Quang Chau Industrial Park. Photo: Quoc Truong.

Comrade Vuong Quoc Tuan said that the province continues to invest in developing high-tech industry, agriculture - rural areas with potential key products, striving to become a modern industrial center of the North and the whole country. Implement the "four pillars" resolutions, focus on administrative reform, improve competitiveness, and effectively operate two-level local governments. Develop strategic urban infrastructure, connect existing urban areas to form a "modern urban ecosystem" to create position and strength, soon turning the province into a centrally-run city. At the same time, create growth drivers from the urban economic ecosystem, trade, airports, corridors connecting airports with the growth poles of the region and emerging industries in attracting foreign investment. Strengthen the application of artificial intelligence in production and business, build roadmaps and invest in new economic sectors such as semiconductor industry, renewable energy, space industry, continue to open up development space for the economy. Implementing Resolution No. 71-NQ/TW dated August 22, 2025 of the Politburo on breakthroughs in education and training development and Resolution No. 72-NQ/TW dated September 9, 2025 of the Politburo on a number of breakthrough solutions to strengthen the protection, care and improvement of people's health.

According to the leader of the Department of Finance, in order to effectively participate in global value chains, increase exports and integration, the Department consults with the province to direct sectors, localities and the business community to focus on effectively exploiting strategic partners through free trade agreements. Expand and diversify markets to minimize risks and avoid dependence on a few key markets. Build and position the Bac Ninh brand commensurate with its potential.

In the new context and new opportunities, Bac Ninh is converging many conditions to break through, expand development space, and create a premise to realize the goal of becoming a centrally-run city.

Thai Uyen

Source: https://baobacninhtv.vn/bac-ninh-tang-truong-an-tuong-khang-dinh-vi-the-dan-dau-postid427566.bbg