Hanoi (VNA) - The northern province of Bac Ninh has set a target of becoming a centrally-run city and a model of smart city by 2030.
According to the Bac Ninh master plan in the 2021 – 2030 period with a vision to 2050 approved on April 24, the province is to be a hi-tech industry and services, and smart manufacturing hub in Vietnam as well as in the Southeast Asian region.
It will become one of the development poles of the Red River Delta region and be among the leading economies in the country by 2030.
By 2050, Bac Ninh will become a leading innovation, and research and development (R&D) centre in Southeast Asia.
The province currently has the eighth-largest economy in the country and is the centre of Vietnam’s electronics industry. Boasting a strategic position as the gateway to the Hanoi capital city, and lying in the economic triangle axis of Hanoi, Hai Phong city and Quang Ninh province, Bac Ninh has great potential to promote regional connection for socio-economic development.
Samsung complex in Yen Phong Industrial Park, Bac Ninh (Photo: baodautu.vn)
According to Secretary of the provincial Party Committee Nguyen Anh Tuan, the planning work should focus on ensuring synchronorous connection and regional linkage, fully tap the potential and solving bottlenecks, thus promoting comprehensive, harmonious, and effective development towrard the green and sustainable development direction.
The province will give priority to strengthening the linkage of industrial manufacturing and logistics services with Hai Phong and Quang Ninh, and expanding connection in agriculture development and service with localities in the south of the Red River Delta.
Regarding development space, Bac Ninh will develop two centre regions and five development corridors.
Bac Ninh expects to attract 1.2 billion USD in foreign direct investment to its industrial parks in 2023.
The province plans to accelerate the progress of site clearance and complete the technical infrastructure of industrial parks like Vietnam Singapore Industrial Park 2 (VSIP2), Yen Phong 2A, Yen Phong 2C, Thuan Thanh I, Gia Binh, Gia Binh II and industrial clusters.
It hopes to further attract foreign-invested enterprises, especially large ones that will create a driving force for the province’s economic development and play a leading role in supporting enterprises, and domestic small and medium enterprises when they join the supply chain./.
The northern province of Bac Ninh has been working to improve local governance indicators, including the provincial competitiveness index (PCI), the provincial Public Administration Performance Index (PAPI), the Satisfaction Index of Public Administration Services (SIPAS), the Public Administration Reform (PAR) Index, and the Digital Transformation Index (DTI).
Over the past years, the northern province of Bac Ninh, known for its rich and long-standing culture, has taken steps to preserve and bring into play local cultural heritage, with the engagement of the political system, organisations, and locals.
The northern province of Bac Ninh has so far this year attracted more than 2 billion USD in foreign direct investment (FDI), thanks to innovations and increased efficiency of investment promotion activities.
The northern province of Bac Ninh is home to “banh cuon Mao Dien” (Mao Dien steamed rolled rice pancakes) - a special treat for visitors. The fine combination of rice, fried onion flakes and tangy sauce makes the pancakes unforgettable to anyone who tastes them.
The northern province of Bac Ninh has held a ceremony to receive the Prime Minister’s decision recognising a Dong Son culture bronze jar preserved at a local museum as a national treasure.
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.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
A corner of Bac Ninh city (Photo: baoxaydung) 
Samsung complex in Yen Phong Industrial Park, Bac Ninh (Photo: baodautu.vn) 
