In recent months, Bac Ninh’s provincial leaders have continuously welcomed representatives of major corporations operating locally, who have proposed expansion plans and sought provincial support.

Production line at Samsung Electronics Vietnam Co., Ltd.

Luxshare-ICT Co., Ltd., currently based in Van Trung Industrial Park and specializing in electronic components, recorded revenue exceeding 3.6 billion USD in 2024 and expects 1.5-fold growth in 2025.

According to Truong Tieu Kien, General Director of Luxshare Vietnam, after more than a decade operating in the province, the company has received significant support from local authorities and residents.

Luxshare is now expanding its factory in Que Vo Industrial Park with a total investment of 300 million USD and hopes to receive continued provincial support to bring the project into operation soon.

Meanwhile, Cooler Master Co., Ltd. is revising its investment plan to add around 800 million USD to its ongoing project in Gia Binh Industrial Park.

In total, during the first nine months of 2025, Bac Ninh issued 246 new secondary investment projects and adjusted 577 projects to increase capital within industrial zones, bringing the combined value of new and adjusted investments to more than 5 billion USD.

The figure represents 243.99% of the annual target and 139.42% of the provincial plan for implementing the Prime Minister’s Directive No. 05/CT-TTg.

These impressive numbers further strengthen Bac Ninh’s standing as a key investment destination that contributes significantly to national economic growth.

The steady inflow of investors establishing and expanding production in Bac Ninh reflects their confidence in the province’s flexible policies, well-developed infrastructure, and effective administrative support.

With these achievements, Bac Ninh has risen to second place nationwide—after Ho Chi Minh City—in attracting foreign direct investment (FDI).

The success is largely attributed to the province’s Industrial Zones Authority, which has effectively carried out its work plan amid global uncertainties, including U.S. tariff policies that have deeply influenced international trade and investment decisions, particularly among foreign firms considering expansion in Bac Ninh.

Cooler Master Co., Ltd. invests in a factory at Gia Binh Industrial Park.

Under the strong, flexible, and creative direction of provincial leaders, the Industrial Zones Authority has implemented multiple synchronized solutions, including regular dialogues with businesses to address challenges, forming task forces to assist major projects, and attracting investors to develop ready-built factories to accommodate new capital inflows.

The authority has also advised provincial leaders to coordinate with infrastructure companies in organizing investment promotion missions to key markets such as Japan, South Korea, the United States and China.

A notable highlight has been the release of a business handbook guiding investment and operations in industrial zones—an initiative highly praised by the corporate community.

Many companies, including W&B Precision Technology Vietnam Co., Ltd., Woojeon Vina Co., Ltd., Amkor Technology Vietnam Co., Ltd., and Apple’s supplier Lens Vietnam Co., Ltd., have expressed gratitude for timely support with administrative procedures and investment certificate adjustments.

Bac Ninh hosts nearly 1,400 Chinese-invested projects worth over 10.8 billion USD

BAC NINH — The northern province of Bac Ninh is now home to nearly 1,400 investment projects from Chinese partners, with total adjusted capital exceeding 10.8 billion USD, according to local authorities. These projects account for 42.1% of all foreign-invested projects and 23.7% of total FDI capital in the province.

Vietnam’s FDI disbursement highest in five years

Vietnam’s disbursement of foreign direct investment (FDI) in January – September recorded its highest level in five years, reaching 18.8 billion USD, a year-on-year increase of 8.5%, the National Statistics Office of Vietnam under the Ministry of Finance revealed on October 6.

 

Vietnam’s FDI inflows remain strong amidst global stagnation

In the first eight months, Vietnam attracted 26.1 billion USD in FDI, up 27.3% year-on-year, while 15.4 billion USD was disbursed, up 8.8%, reflecting the economy’s strong capacity to absorb capital.

 

Bac Ninh overtakes HCM City to become nation’s FDI champion

As of the end of August, Bac Ninh lured 4.68 billion USD in FDI, as compared to nearly 4.4 billion USD injected to the southern economic hub, which also leverages the FDI magnets of Binh Duong and Ba Ria – Vung Tau.

 

Vietnam to create more favourable conditions for US investors: Party chief

The US values Vietnam’s foreign policy of independence and self-reliance and supports its growing role and influence in promoting peace and cooperation in the region and beyond. The US fully supports a strong, independent, prosperous and resilient Vietnam, making positive contributions to regional and global peace and stability.