Bắc Ninh
Bac Giang’s IPI increases by over 26.58% in Q1
BAC GIANG - In the first quarter of this year, the industrial production sector of Bac Giang province continued to recover, reaching a high value compared to the same period in 2024.
Particularly, the industrial production value in the first 3 months of 2025 was estimated at more than 180 trillion VND (7.65 billion USD). In general, the industrial production index (IPI) in the first quarter increased about 26.58% over the same period last year, with March’s IPI up 29.29% compared to March 2024.
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Production line at Blueway Vina Co., Ltd in Van Trung Industrial Park (Viet Yen township). |
The main driving force for growth came mostly from large enterprises in industrial parks and in the processing and manufacturing industry.
Some typical enterprises with high industrial production value include Luxshare Van Trung Co., Ltd. with estimated revenue in quarter 1 of 2025 (Q1) reaching 26,824 billion VND, up 38.24% over the same period; Fukang Technology Co., Ltd. with estimated revenue in Q1 reaching 35,465 billion VND, up 2.67 times over the same period...
Key products with strong growth consisted of smart watches, headphones, laptops and iPads among others.
Recently, Bac Giang province has actively coordinated with central ministries and sectors in implementing solutions to remove difficulties for businesses and investors, especially difficulties in capital, market, goods circulation, administrative procedures, infrastructure investment in industrial parks and clusters.
Therefore, industrial production sectors keep recovering. Output and new orders in the processing and manufacturing industry are increasing again, continuing to be the main driving force for industry growth, contributing greatly to the province's economic growth in Q1.
From now until the end of the year, Bac Giang will focus more on site clearance to attract secondary investors to industrial parks; review and remove difficulties for each business, helping promote economic growth.
BAC GIANG - The Chairman of the People's Committee of Bac Giang province Nguyen Viet Oanh has recently chaired a conference to grant Investment Registration Certificates to investors of 4 industrial parks of Nghia Hung, My Thai, Song Mai - Nghia Trung, Dong Phuc.
BAC GIANG - On February 11, the Prime Minister issued Decision No. 260/QD-TTg on the investment policy for the project to invest in construction and business of infrastructure of My Thai Industrial Park in Bac Giang province.
BAC GIANG - On February 10, Deputy Prime Minister Tran Hong Ha signed Decision No. 258/QD-TTg on the investment policy for the project to invest in infrastructure of Dong Phuc Industrial Park in Bac Giang province.
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).
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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