The management board of industrial zones in the northern province of Bac Ninh on April 17 held an investment promotion conference to introduce to enterprises from Taiwan (China) the local business climate as well as policies to attract investors and develop industrial infrastructure.
Participants pose for a group photo at the event. (Photo: VNA)
Bac Ninh (VNA) – The management board of industrial zones in the northern province of Bac Ninh on April 17 held an investment promotion conference to introduce to enterprises from Taiwan (China) the local business climate as well as policies to attract investors and develop industrial infrastructure.
In her remarks, Chairwoman of the provincial People’s Committee Nguyen Huong Giang said Bac Ninh – a magnet to investors and an industrial hub in Vietnam – lies within the northern key economic region with favourable transport system as well as safe, friendly, and attractive business climate.
Pledging efforts to step up administrative reform and build a safer and more transparent investment environment, she affirmed that the province always accompanies foreign-invested enterprises, considering them an integral part of the economy.
Difficulties facing the firms will be promptly tackled, she noted.
Bac Ninh now houses 86 Taiwanese projects worth some 666 million USD, creating approximately 20,000 jobs.
The province has 16 concentrated industrial parks, which span more than 6,397 ha. Ten of these zones are in operation, luring investors from 38 countries and territories worldwide.
So far this year, the management board has granted investment licences to about 30 projects, including 24 foreign-funded ones valued at over 436 million USD in total./.
National Assembly Chairman Vuong Dinh Hue has urged the authorities of Thuan Thanh district of Bac Ninh province to continue making remarkable progress in a bid to turn the locality into a modern and civilised urban area, serving as a core area and creating the impetus for socio-economic development in the southern region of Duong River.
The authorities of Bac Ninh and the Ministry of Foreign Affairs (MoFA) on April 7 co-organised an event on learning about the northern province’s charming features, which gathered close to 150 foreign and domestic diplomats and representatives of foreign organisations and business associations in Vietnam.
The northern province of Bac Ninh attracted more than 565 million in foreign investment in the first quarter of 2023, ranking third among localities nationwide, according to the provincial People's Committee.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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.
Participants pose for a group photo at the event. (Photo: VNA) 
