Workers of the British-invested Telstar Vietnam Co., Ltd., at Van Trung Industrial Park, Bac Giang province, in an electronic equipment production line. (Photo: VNA)
Bac Giang (VNA) – The northern province of BacGiang’s gross regional domestic product (GRDP) grew by 13.45% this year, toppingthe nation.
Accordingly, the province's growth rates of industry-construction,agro-forestry-fishery, and services hit 17.25%, 2.63%, and 6.56%, respectively.
Meanwhile, its industrial index of production (IIP) for the entireyear went up by 20.2%, with the processing and manufacturing industry growingby 20.5%, and the production and distribution sector of electricity, gas, steam, and air conditioners up by 5.7%.
As of November 30, Bac Giang attracted 3.2 billion USD of investment, the highest amount ever recorded. Regarding new foreign direct investment (FDI) capital, excluding new sums added to existing projects, it ranked secondnationwide after Quang Ninh province.
Notably, in September, the Korean-funded Hana Micron Vina Co. Ltd. inaugurated its semiconductor manufacturing plant, the firstof its kind in the northern region, at Van Trung industrial park in Viet Yen district. The effective implementation of the project isexpected to lay the foundation for developing a semiconductor manufacturingecosystem in the province and the region. It also presents an opportunity forBac Giang to attract more high-tech projects in the near future.
The Red River Delta province, situated about 50 km to the east of Hanoi capital, has afavourable geographical and economic location. Surrounded by major economichubs, ports, and national highways, it is located at the crossroads of majortrade routes. It lies adjacent to the Hanoi – Hai Phong – Quang Ninh keyeconomic triangle. It is 110 km from Huu Nghi Border Gate with China, 100 km from Hai Phong seaport, and 40 km from Hanoi’s Noi Bai International Airport. Thelocality has favourable weather conditions and is less affected by naturaldisasters, with stable stratigraphy, fertile land, and beautiful naturallandscapes./.
The northern province of Bac Giang will focus on building and developing the trademarks of its major farm produce as well as OCOP (One Commune One Product) products to enhance their competitiveness.
Authorities of the northern province of Bac Giang will pay attention to developing a contingent of cadres and public employees with adequate qualifications and high professionalism in order to meet the requirements of the new situation, according to the provincial Department of Home Affairs.
The northern province of Bac Giang is striving to increase the average forestry production value by 6% a year by 2030, according to the provincial Department of Agriculture and Rural Development.
A delegation from the Republic of Korea (RoK)’s Chungcheongnam province held talks and signed a cooperation agreement with authorities of the northern province of Bac Giang on December 5.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Workers of the British-invested Telstar Vietnam Co., Ltd., at Van Trung Industrial Park, Bac Giang province, in an electronic equipment production line. (Photo: VNA) 
