Bac Ninh industrial zones are impressive from the numbers
09:51 29/08/2022
Since establishment until now, after 24 years of construction, development and integration, closely following the guidelines and directions of the Central Government and the province, together with the cooperation of all levels, sectors and the business community, the Bac Ninh Industrial Zones Authority have been actualizing the aspiration to turn Bac Ninh into a modern industrial province, becoming one of the largest electrical-electronic industry production centers in the country. That aspiration has been proven by impressive numbers from concentrated industrial zones.

Bac Ninh currently has 16 concentrated industrial zones approved by the Prime Minister, with a total area of ​​6,397.68 ha. Of which 10 industrial parks are put into operation, the average area of an industrial park is 399 ha. Although the province has a small area, the total area of industrial parks as well as the average size of one industrial park is high, just behind Quang Ninh and Hai Phong (in the Northern Key Economic Zone). Bac Ninh's industrial parks are synchronously invested in technical and social infrastructure, creating attractiveness, attracting many large investors from 38 countries and territories, investing in 16 industries. In which, it mainly focuses on the processing and manufacturing industry (mostly the electronics industry), with a total of 1,767 projects attracted (563 domestic projects, 1,204 FDI projects). Total newly and adjusted investment capital reached more than 23,042 billion USD (domestic is 66,783.07 billion, equivalent to 3.113 billion USD; FDI is 19,929 billion USD), making Bac Ninh ranked 7th in the country in terms of attracted investment capital scale.

Korea is the country with the largest scale of investment capital in Bac Ninh province with more than 950 projects, the total investment capital after adjustment, capital contribution, share purchase reached about 14 billion USD, accounting for 62% total foreign investment capital in the province. The big projects of Korean investors in Bac Ninh are those of Samsung Group, Intops, Hanwha Techwin, Amkor... It is worth mentioning that each industrial park has attracted key investors representing the world's leading electronic industry groups such as Canon, Samsung, Foxconn, amkor... It pulls along a system of domestic and foreign satellite investors, creating high added value. Therefore, the annual production value of industrial parks accounts for about 80-87% of the total industrial production value of the province. More than 80% of the province's economic output comes from industrial production, with the main products including electronics, computers and optical products (accounting for about 75% of production value). With the strong investment of international investors, the electrical and electronic industry brings the most added value to Bac Ninh.

In 2021, despite the great influence of the Covid-19 epidemic, many factories operatedc moderately, reducing production, but the production value in Bac Ninh industrial parks still reached 1.26 million billion VND (accounting for 84% of the total production value of the province); contributing more than 12,530 billion VND to the state budget, exceeding the planned target by 9% and accounting for 40.27% of the province's budget revenue. Export turnover reached 38.5 billion USD, accounting for 83% of the total export turnover of the province; imports turnover reached 27.4 billion USD, accounting for 66.34% of the total import turnover of the province.


The electrical and electronic industry accounts for about 75% of the total production value.

Currently, there are 1,170 enterprises operating in industrial parks. In the first 6 months of 2022, these enterprises have created a production value of 691.05 billion dong, up 26% over the same period. Export value reached more than 20.55 billion USD, up 27% over the same period and accounting for 84.56% of total export turnover of the province; import turnover reached nearly 16.85 billion USD, up 44% over the same period. Although imports increased sharply, the trade balance still shifted towards a trade surplus with a value of nearly 3.7 billion USD. Out of the total provincial budget revenue of 16,532 billion dong, industrial parks contributed 6,538 billion dong (up 26% over the same period).

Along with creating added production value, contributing to local economic growth, industrial parks also play an important role in transferring technology to domestic enterprises to actively participate in global supply chains. At the same time, these parks create jobs, increase income, and improve the quality of life for hundreds of thousands of workers inside and outside the province. The labor force working in highly specialized positions tends to increase more strongly than in occupations that only require simple qualifications. Bac Ninh industrial parks are employing 323,400 employees, of which local workers are 87,795 people (accounting for 27.1%), female workers are 181,720 people (accounting for 56.2%), foreign workers are 6,382 people (accounting for 6,382 people). 1.97%). The average income of employees is 8.75 million dong/person/month (indirect labor is 9.5 million dong/person/month; direct labor is 8 million dong/person/month).

According to Mr. Nguyen Van Phuc - the Director of the Bac Ninh Industrial Zones Authority, on the basis of assessing the current status of industrial parks development, the international and domestic context, taking into account the local conditions in the Northern key economic region, the Hanoi capital area and FDI capital attracted into Vietnam; therfore, the orientation to attract investment in Bac Ninh Industrial Park in the near future will focus on precision mechanics, automobiles, cosmetics, electricity, electronics (household electrical appliances), supportive industries. Special attention is paid to industries that are ahead of the industrial revolution 4.0 such as ICT, digital, nanotechnology, biotechnology, new materials...

The Bac Ninh of Industrial Zones Authority continues to advise the province, strengthens the investment promotion campaign in the IPs through direct and indirect channels. Creating a synchronous and close coordination between sectors and localities, proactively grasping the situation and assisting in solving difficulties and problems of industrial park enterprises in the process of operation; promoting the operational efficiency of the "3 best response team" and implementing the "5 readiness" (site, human resources, reform, supportation and anti-epidemic). At the same time, the province continues to promote reform of administrative procedures, publicity and transparency, create the most favorable conditions for investors, in order to build and develop industrial parks associated with urban areas in a modern and synchronous manner, making Bac Ninh to be a reliable and attractive destination for investors./.


Translated by Nguyen Mai Huong Office of Bac Ninh IZA
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