The northern province of Bac Ninh ranked second nationwide in foreign direct investment (FDI) attraction in 2025, only after Ho Chi Minh City, underscoring its position as one of Vietnam’s leading industrial and investment hubs.

The northern province of Bac Ninh ranked second nationwide in foreign direct investment (FDI) attraction in 2025.

Last year, Bac Ninh attracted around 20 billion USD in total investment capital, with FDI reaching 5.73 billion USD. The province also saw 7,686 newly established enterprises, bringing the total number of businesses to nearly 50,000.

To date, the province hosts 3,403 domestic investment projects with registered capital of 838.8 trillion VND (32.02 million USD), and 3,396 FDI projects worth over 46.8 billion USD, involving investors from 42 countries and territories, mainly in electronics, garments, logistics, and real estate.

According to Vice Chairman of the Bac Ninh provincial People’s Committee Ngo Tan Phuong, the locality will continue to step up efforts to attract investment, foster business development, and promote all economic sectors in 2026.

The province has set a target of reaching 598.81 trillion VND in gross regional domestic product (GRDP), with total realised investment at 224.5 trillion VND, equivalent to 37.5% of GRDP.

Bac Ninh plans to intensify the attraction of FDI linked with high-tech transfer, while creating favourable conditions for domestic enterprises and improving the competitiveness of small- and medium-sized enterprises (SMEs). It also aims to raise industrial land occupancy rates and secure 5.5 billion USD in FDI in 2026.

Administrative procedure simplification combined with digital transformation will remain a key priority, helping facilitate transactions for citizens and businesses.

At the same time, the province is committed to building a safe, transparent, and attractive investment and business environment to draw strategic investors, large-scale and high-tech projects, and promising start-ups aligned with its development planning.

Bac Ninh is also focusing on ensuring fair and favourable access for domestic private enterprises to capital, land, incentives, and other resources. The private sector is expected to become a pioneering force in industrialisation, modernisation, scientific and technological development, innovation, and digital transformation.

To this end, the province is developing a private economic development programme and researching mechanisms to support SMEs, cooperatives, and collective economic models.

Strengthening linkages among state-owned, private, and FDI enterprises to form regional and global supply chains is another priority. Authorities are also closely monitoring business performance and providing support in investment procedures and production activities.

Looking ahead to the 2026–2030 period, Bac Ninh aims to mobilise around 1.6 quadrillion VND in total social investment capital. The province will continue to review and refine regulations and policies to remove bottlenecks, particularly in administrative reform, infrastructure development, site clearance, and human resource quality, while improving policy implementation effectiveness and avoiding short-term, term-based thinking.

FDI inflows fuel GRDP growth across localities

Localities such as Quang Ninh, Hai Phong, Ninh Binh, Phu Tho and Bac Ninh posted growth rates of between 10.27% and 11.89%, far exceeding the national average.

 

FDI inflows into Vietnam exceed 38 billion USD in 2025

The figures were released at a press conference on January 5, announcing Vietnam’s socio-economic statistics for the fourth quarter and the whole of 2025. Notably, disbursed FDI reached an estimated 27.62 billion USD, a year-on-year increase of 9% and the highest level recorded over the past five years.

 

HCM City posts 24% rise in registered FDI in 2025

As of December 31, Ho Chi Minh City is expected to continue leading the nation in valid FDI capital and project numbers, with total registered capital standing at 141.9 billion USD across 20,310 projects.

 

Southern key economic region expects strong FDI influx

The recent mergers of provinces and cities have opened up new development space and provided a strong boost to FDI attraction across the southern key economic region.

 

Vietnam shifting FDI attraction focus from volume to quality

As production relocation to Southeast Asia accelerates and competition for FDI intensifies, Vietnam faces increasing pressure from regional rivals such as India, Malaysia and Indonesia, which are offering bold tax incentives and developing specialised industrial parks. This reality requires Vietnam to shift its focus from attracting large volumes of capital to drawing high-quality investment, prioritising core technologies, innovation, value chain linkages and higher localisation rates.

 

Vietnam's 11-month FDI rises 7.4%

Foreign direct investment (FDI) inflows into Vietnam maintained strong growth momentum over the past 11 months. The National Statistics Office (NSO) under the Ministry of Finance reported that total registered foreign investment during the period reached 33.69 billion USD, rising 7.4% from a year earlier.