Bắc Ninh
Bac Giang attracts more investment to Industrial Parks
BAC GIANG – Despite global economic challenges, Bac Giang Province continues to attract rising levels of investment into its industrial parks.
According to the Provincial Management Board of Industrial Parks, in April 2025, the board received 32 applications for new and adjusted investment registration certificates, of which 26 were handled and approved (six applications are under processing).
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The laborers come to work at Van Trung industrial park. |
Among them, there were two new foreign-invested projects in Hoa Phu Industrial Park (Hiep Hoa district), including a project by Singapore’s Aureum Vietnam Company Limited to produce electronic components and a PCB assembly and SMT production project by China’s Sunwoda Vietnam Company Limited with a combined registered capital of nearly 9 million USD.
Additionally, 25 projects had their investment certificates adjusted, 10 of which increased their capital by a total of 67 million USD and 4 billion VND.
The most significant capital increase came from Korean investor SJ Tech Vietnam Company Limited in Van Trung Industrial Park, with an added 18.2 million USD.
Since the beginning of the year, the board has approved 11 new projects (6 foreign-invested and 5 domestic), with total registered capital reaching 20 million USD and over 12 trillion VND.
It has also adjusted 60 projects, with 23 seeing capital increases, adding a total of 137.78 million USD and 29 billion VND—equivalent to a total adjusted capital of 648.9 million USD.
These results reflect the province’s proactive approach in attracting investors, offering administrative support and land clearance facilitation to ensure a favorable investment environment.
BAC GIANG- Member of the provincial Party Committee’s Standing Committee and Vice Chairman of the provincial People’s Committee (PPC) Pham Van Thinh on April 15 inspected land clearance in Phuc Son industrial park (Tan Yen district), Yen Lu and expanded Yen Lu industrial parks (Bac Giang city).
BAC GIANG - Identifying industrial development as a strategic priority, Bac Giang Province has not only accelerated infrastructure investment and introduced various preferential policies but also focused on enhancing service quality within local industrial parks. These efforts aim to create favorable conditions for businesses, meet the needs of laborers and boost the province’s investment attraction.
BAC GIANG - According to the Industrial Parks Management Board of Bac Giang province, the number of workers coming to work in the provincial industrial parks continues to increase.
BAC GIANG - Since the end of last year, Hiep Hoa district has become the locality with the largest number of newly established industrial parks in Bac Giang province. Based on local potential and advantages, considering industry as the driving force for development, the district is focusing on site clearance to put industrial parks into operation soon.
The new VSIP projects will be developed as green industrial parks incorporating advanced technologies and environmentally friendly solutions.
BAC GIANG- Due to impact of the Covid-19 pandemic, a number of companies had to downsize employees from 2021 to 2024, thus room rental service in northern province of Bac Giang had declined. Facing pressure to pay bank interest from the loans to build houses for rent, many households had to sell their real estates to pay the debts. However, this service has been in high demand again since mid- 2024.
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