1. Newly established enterprises increased 16% compared with the same period

According to the report by the Department of Planning and Investment, in the first five months of the year, the whole province had 1,044 newly registered enterprises with a total capital of more than VND 12,144 billion, an increase of 16% in the number of enterprises and an increase of 77% in the capital compared with the same period of 2020. The average registered capital per newly established enterprise reached VND 11.6 billion, an increase of 80% compared with the same period.

Also in 05 months, the whole province had 373 enterprises registered to re-operate; 595 enterprises registered to suspend operations; 95 enterprises implemented the dissolution procedures voluntarily; 124 enterprises transformed their type of operation.

Accumulated up to now, 18,556 enterprises are operating in the province with a total charter capital of more than VND 308,251 billion; the average registered capital per enterprise reached VND 16.61 billion. In which, 10,306 One-member limited companies; 4,944 Limited companies with 2 or more members; 2,791 Joint stock companies; 500 Private enterprises and 01 Partnership.

Production of aquatic feed at Nutreco Co., Ltd

2. FDI attraction in the first 5 months of the year doubled

In the first 5 months of the year, although the FDI attraction had a sharp decrease in the number of registered projects, the total registered capital was more than 2 times higher than the same period last year.

From January 01, 2021 to May 20, 2021, the whole province granted newly to 52 FDI projects, a decrease of 36.6% compared with the same period last year, with a total registered capital of USD 320.7 million, an increase of 106%. This is a remarkable result when the epidemic situation is complicated, affects the investment activities of the enterprises in the province, the registered capital size continues to increase.

Particularly in May, the whole province granted new investment registrations to 14 FDI projects with a total registered investment capital of USD 61 million; adjusted the capital for 07 projects with an increased adjusted capital of USD 5.8 million.

The enterprises investing in Bac Ninh province are mainly the industrial production, trade and warehousing transportation, accounting for a density of 65%, 1.6% and 33.5%, respectively. The province’s intensification of on-the-spot investment promotion through the creation of images from large FDI enterprises has attracted a lot of investors from many countries and territories with advanced, modern industrial production such as: Korea, Singapore, China, EU, USA...

3. Index of industrial production still increased over the same period

Due to the impact of the Covid-19 epidemic, the index of industrial production (IIP) in the province decreased by 2.21% compared to the last month but still increased by 31.67% compared to the same month last year.

In the processing and manufacturing industry, the electronic product, computer and optical product production industry still maintained effectively the production and business as planned in 2021, although decreased by 10.1%, still achieved a high increase of 33.8%.

Generally in 5 months, IIP in the province still increased by 14% over the same period last year, of which: Processing and manufacturing industry increased by 14.1%; production and distribution of electricity, gas and hot water increased by 11.2%; for the water supply, waste and wastewater management and treatment industry decreased by 3.9%.

4. Merchandise trade surplus was nearly USD 2.8 billion

In the first 5 months of 2021, the commodity import and export in the province continued to achieve the highest increase in the period 2017-2021, and also achieved the highest trade surplus.

In which, the export turnover was estimated at USD 16,648 million, an increase of 36.4% over the same period last year. The import turnover was estimated at USD 13,861 million, an increase of 30.1% over the same period last year.

The balance of trade in goods, estimated in the first 5 months of 2021, had a trade surplus of USD 2,787 million.