Two supporting industrial clusters to be set up in Bac Ninh province
The People’s Committee of the northern province of Bac Ninh has given green light to the establishment of Tan Chi 2 and Cach Bi supporting industrial clusters with more than 1.6 trillion VND (68.75 million USD) in total investment.
Two supporting industrial clusters to be set up in Bac Ninh province (Photo: congthuong.vn)
Bac Ninh (VNA) – The People’s Committee of the northern provinceof Bac Ninh has given green light to the establishment of Tan Chi 2 and Cach Bisupporting industrial clusters with more than 1.6 trillion VND (68.75 millionUSD) in total investment.
Under the local authority’s decision, the Cach Bi supporting industrial clusterwill cover an area of 72 hectares in Cach Bi commune, Que Vo district.
Meanwhile, the Tan Chi 2 cluster will cover 50 hectares, and have totalinvestment of 665 billion USD.
The technical infrastructure development work at the industrial clusters willbe carried out by the CD Group Vietnam Joint Stock Company during 2019-2022.
BacNinh has set a target of building 24 modern industrial clusters (ICs) by 2020.
According to the planning to 2020 with a vision to 2030 approvedby the provincial People’s Committee, Bac Ninh will restructure 13 industrialclusters, keep 22 others unchanged and establish two new ones.
In the 2020-2030 period, the province will build five moreindustrial clusters and shift six others into urban and service areas.
In order to realise the goals, Bac Ninh will gradually stopgranting new investment licences to projects that cause environmentalpollution.
It will give priority to businesses that manufacture endproducts for consumption, while calling on enterprises in the locality toinvest in developing industrial cluster infrastructure in neighbouring provincesto serve the projects./.
The northern province of Bac Ninh always creates the best possible conditions and promptly tackles obstacles for foreign enterprises, including those from the Republic of Korea (RoK), stated a local leader.
Secretary of northern Bac Ninh provincial Party Committee Nguyen Nhan Chien hosted a local reception on October 2 for a delegation from the Russia – Vietnam Friendship Association led by General Director of Russia’s Yaroslav Region Export Support Centre Bagrova Natalia.
The November consumer price index (CPI) in the northern province of Bac Ninh rose 1.37 percent from the previous month, the highest increase so far this year.
A total of 135 projects have been put into operation at industrial parks in the northern province of Bac Ninh so far this year, raising the total number of operational projects in local IPs to 1,070.
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.
Two supporting industrial clusters to be set up in Bac Ninh province (Photo: congthuong.vn) 
