Goals have also been set for the sector’s gross regional domestic product (GRDP) to grow by 19 percent annually during 2021-2030 and for its value to exceed 652.15 trillion VND (28.3 billion USD) by 2025 and hit 2.2 quadrillion VND by 2030.

Illustrative photo.

Bac Giang aims to set up 23 new industrial parks (IPs), expand five IPs, and merge six industrial clusters into a 6,518-ha IP, pushing the total number of local IP to 29 spanning 7,840 ha by 2030.

Meanwhile, 29 new industrial clusters will be established and three other expanded, covering a total area of 1,853 ha. By 2030, Bac Giang hopes to house 66 clusters spanning 3,209 ha.

The local IP development follows a model that consists of an IP and an urban-service area with modern technical and social infrastructure. Prioritised industries include mechanics and manufacturing, and farm produce and food processing. Investment attraction, high-quality human resources building, and technological transfer and application are also focal points.

According to the provincial Department of Industry and Trade, to date, Bac Giang has six IPs covering 1,322 ha; five of them have become operational. They have attracted 409 projects from domestic and foreign investors worth 9.4 trillion VND and nearly six billion USD, respectively.

In 2020, budget collection from the IPs reached over 2.2 trillion VND, or 11 percent of the provincial budget.

Viet Yen routes traffic for workers at industrial parks

(BGO) – Implementing the instruction from the Chairman of Bac Giang provincial People’s Committee, after field survey and agreement with the Management Board of industrial park (IP), the People’s Committee in Viet Yen district has issued correspondence about routing the traffic for workers on the way to work at the IP in the district and back home.    

Industrial park closures cost epicenter Bac Giang $86 million a day

The latest Covid-19 outbreak is inflicting a daily loss of VND2 trillion (over $86 mln) in industrial production and causing 140,000 employees to miss work in Covid-19 hotspot Bac Giang.

9 businesses in Bac Giang’s industrial parks resume operation

(BGO) -  The Industrial Park Management Board (IPMB) in Bac Giang province on May 28 and 29 issued document to agree with the policy to allow 9 businesses in the industrial parks (IP) in Viet Yen district to resume operation in line with the provincial People’s Committee’s Plan No.213 after the suspension period for Covid-19 prevention and control. 

First day of temporary closure of four industrial parks: Enterprises strictly comply with the regulation

(BGO) – On May 18, the first day of temporary closure of four industrial parks (IP) of Van Trung, Quang Chau, Dinh Tram and Song Khe – Noi Hoang as wel as social isolation at Viet Yen district and three communes of Yen Dung district, the relevant sectors and local authority focused on instructing and requesting the investors to IPs and enterprises to seriously follow the regulation. 

Vietnam's industrial production grows despite pandemic

The production of key industrial products, except mining activities, have continued to maintain good growth momentum in the first five months of this year despite the Covid-19 pandemic’s hit to industrial parks in the provinces of Bac Giang and Bac Ninh.

Source: VNA