Bắc Ninh
Bac Giang’s industrial production value increases more than 26%
BAC GIANG – The industrial production in the first months of this year continued to achieve positive results in the Northern province of Bac Giang. Many enterprises had increased revenue, bringing the value of industrial production higher than the same period last year, reported the Department of Planning and Investment.
Specifically, the industrial production value (actual price) of the whole province was over 65.7 trillion VND in February and over 130 trillion VND in the first two months, up 26.32% over the same period last year.
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The production line at Fuhong Precision Component Co., Ltd in Dinh Tram Industrial Park. |
Of which, in the first 2 months, the non-state economic sector reached 14,326 billion VND and the economic sector with foreign investment capital earned nearly 116 trillion VND, the rest belonged to the state economic sector.
The main driving force for growth in industrial production value still came from large enterprises in industrial parks and in the processing and manufacturing industry, especially the production of electronic components.
Notable examples included Luxshare Van Trung Co., Ltd with revenue in February 2025 of 10 trillion VND, an increase of 2.54 times over the same period last year; Fukang Technology Co., Ltd with revenue in February of 15.1 trillion VND, 4 fold increase.
Key products with strong growth were smart watches, headphones, laptops and iPads.
According to Director of the GSO’s Industry and Construction Statistics Department Phi Thi Huong Nga, Vietnam could achieve breakthrough industrial growth in 2025 and beyond by leveraging its advantages and accelerating digital and green transformation as well as meeting the increasingly stringent requirements of the international market.
By 2030, about 40-50% of provinces and cities are expected to convert traditional industrial parks into eco-industrial parks, and 8-10% of localities will have plans to build new eco-industrial parks to plan and attract investment industries gradually.
BAC GIANG – To create trust and comfortability for enterprises investing in Bac Giang province, the Provincial Industrial Parks Management Board has regularly coordinated with the Provincial Public Security, People's Committees of districts, townships and city with industrial parks to grasp, guide, and support companies to remove difficulties and obstacles during operation, helping ensure the security and order, labor safety in industrial parks.
BAC GIANG - According to the Industrial Parks Trade Union in Bac Giang province, after 9 day holiday for the Lunar New Year 2025 (from January 25 to February 2, 2025), all enterprises in the provincial industrial parks resumed normal operation on the morning of February 3, 2025 (the 6th day of the Lunar New Year).
With enhanced investment and Government’s support, the semiconductor industry has a pivotal role to play in the growth of Vietnam’s industrial real estate, according to a Savills Vietnam expert.
Deputy Prime Minister Tran Hong Ha has approved the investment policy for the construction and infrastructure development of the Song Mai–Nghia Trung Industrial Park in Bac Giang province.
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