Bac Ninh should create breakthroughs from new growth drivers: Deputy PM
BAC NINH - Deputy Prime Minister Nguyen Van Thang on October 14 called on Bac Ninh to unlock new growth drivers and sustain double-digit economic expansion as he led a government delegation to the city to discuss measures to achieve its ambitious growth targets.
Bac Ninh’s economy continued to post positive results in the first nine months of 2026, with gross regional domestic product (GRDP) estimated to grow 11.8% year-on-year, ranking fourth among Vietnam’s 34 provinces and cities. Industrial production rose 20.2%.
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An overview of the meeting. |
State budget revenue exceeded 70 trillion VND (2.7 billion USD), equivalent to 97.4% of the annual target and up 23.5% from a year earlier.
Investment attraction also gained momentum, with total investment commitments exceeding 22 billion USD, including 4.1 billion USD in foreign direct investment (FDI), the third-highest level nationwide.
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Chairman of the Bac Ninh municipal People's Committee Pham Hoang Son outlines challenges arising from local conditions. |
Public investment disbursement surpassed 15.6 trillion VND, reaching 97.6% of the target assigned by the Prime Minister and ranking first nationwide.
These results provide an important foundation for Bac Ninh to sustain growth. However, to achieve full-year GRDP growth of at least 12.5%, the city needs to expand by about 14.57% in the fourth quarter. It is mobilising all available resources to meet that target.
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Deputy Prime Minister Nguyen Van Thang delivers concluding remarks at the meeting. |
At the meeting, Chairman of the city People's Committee Pham Hoang Son asked the Ministry of Finance to support local authorities in researching and developing a proposal to establish a special economic zone.
In his concluding remarks, Deputy PM Thang commended the city’s achievements, particularly its success in attracting investment and maintaining double-digit growth.
He urged Bac Ninh to make the most of its potential and competitive advantages, intensify efforts in the fourth quarter and lay the groundwork for its next phase of development.
The Deputy PM also called on the city to develop targeted support policies that reflect local conditions, are easy to implement and deliver measurable results.
The investment and business environment should be further improved to make it more transparent and business-friendly, better meeting companies’ needs.
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Secrectary of the Bac Ninh Party Committee Nguyen Hong Thai addresses the event. |
Regarding proposals raised by local authorities, ministries and government agencies were asked to review and resolve outstanding issues, strengthen coordination with the city and remove obstacles to ensure development resources are used effectively.
In response to the Deputy PM’s direction, Secrectary of the Bac Ninh Party Committee Nguyen Hong Thai thanked the Deputy PM and representatives of ministries and central agencies for their practical contributions to the city’s development.
Bac Ninh will fully incorporate the guidance and recommendations, he said, adding that the positive economic and social results recorded in the first nine months would serve as motivation to intensify efforts and meet the targets assigned by the PM, particularly the economic growth goal.
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