As of September 30, the total mobilized capital of commercial banks in the province was estimated at 386.3 trillion VND (16.9 billion USD), up 11.54% from the end of 2024.

Outstanding loans of credit institutions in Bac Ninh rose 20.34% in nine months, with priority given to small and medium-sized enterprises.

The increase was attributed to banks’ efforts to diversify capital mobilization, improve service quality and strengthen communication activities to attract idle funds from residents.

At the same time, banks continued to expand credit, channeling funds into production and business activities to support key economic sectors.

Priority has been given to loans for agricultural development, farmers and rural areas as well as small- and medium-sized enterprises (SMEs) and start-ups.

By the end of September, total outstanding loans of credit institutions in the province reached an estimated 371 trillion VND, up 20.34% compared with December 31, 2024.

The strong increase reflects the sector’s commitment to ensuring easier access to capital for residents and enterprises, helping to drive local production and business growth.

The results demonstrate the vital role of Bac Ninh’s banking system in stabilizing the monetary market, providing timely capital to the economy, and contributing significantly to the province’s sustainable development.

Bac Ninh expands localization rate for product of FDI’s businesses

BAC NINH - Currently, most local businesses in the northern province of Bac Ninh only contribute small parts of the production process, supplying minor components or support services to FDI enterprises. Closer links between domestic suppliers and foreign manufacturers are vital to promote technology transfer, raise production capacity and steadily expand the localization rate of products so as to deepen domestic firms’ participation in global value chains.

Bac Ninh rises to lead nation in citizen and business service index

BAC NINH - Bac Ninh province has climbed to the top nationwide in the Citizen and Business Service Index (Index 766), scoring 88.34 points, according to the latest results published on the National Public Service Portal. 

Vietnamese businesses actively seek Russian partners at trade forum

Vietnamese products are now well known among Russian consumers and there are no legal barriers for Vietnamese goods in Russia, as Russian authorities always advocate for closer business ties.

 

Businesses in Bac Ninh foster economic growth aligned with social responsibility

BAC NINH- The Bac Ninh provincial Business Association consists of more than 700 member businesses. In response to the patriot emulation movements, many enterprises have promoted their dynamism and innovation in production and business to become outstanding models, making positive contributions to fulfilling the province’s socio-economic development targets.

Bac Ninh holds dialogue with businesses to resolve difficulties

BAC NINH – The Bac Ninh provincial authorities on September 15 held a dialogue with local businesses to address obstacles in project implementation, land procedures and infrastructure development, underscoring its commitment to supporting the private sector.

Bac Ninh businesses supported to enhance production, business efficiency

BAC NINH - After more than two years of implementing a programme to encourage voluntary legal compliance among enterprises, Customs Sub-Department Region V has accompanied and supported thousands of businesses in Bac Ninh and Thai Nguyen provinces.