Over the past eight months, Bac Ninh has attracted 241 foreign direct investment (FDI) projects with total registered capital of more than 3.204 billion USD, bringing the cumulative number of FDI projects in the province to 3,695, with total adjusted investment capital reaching nearly 52 billion USD.

A mobile phone production line at Samsung Electronics Vietnam Co., Ltd., in Yen Phong Industrial Park.

The province’s total industrial production value exceeded 2.2 quadrillion VND (84.7 billion USD), up 17.49% year on year, while the foreign-invested sector accounted for an estimated 2.089 quadrillion VND, up 18.11% year on year.

As of August 31, 2026, the RoK ranked first in Bac Ninh in terms of investment capital, with total registered capital reaching 16.7 billion USD, accounting for nearly 17% of the total capital invested by Korean enterprises in Vietnam, across 1,165 valid projects.

The strong investment ties have also contributed to bilateral trade, with Bac Ninh’s import and export turnover with the RoK exceeding 44 billion USD in the first eight months of 2026 alone.

Korean enterprises have played a particularly important role in Bac Ninh’s industrial development and its success in attracting foreign investment.

Investment from the RoK has not only expanded in scale but has also gradually shifted toward sectors with higher technological content and greater added value.

A major milestone came in 2008, when Samsung invested in a mobile phone manufacturing plant at Yen Phong I Industrial Park, with initial registered capital of 670 million USD.

A production line of Sungwoo Vina Co., Ltd. in Thuan Thanh 3 Industrial Park.

The project generated significant spillover effects, helping trigger a strong wave of FDI into the province.

After years of attracting investment, Bac Ninh is steadily strengthening its position in global supply chains, moving beyond conventional manufacturing toward higher value-added activities such as research and development (R&D), design, high-tech component manufacturing, logistics, and clean energy.

In particular, the presence of major RoK technology projects, including Samsung Display (8.3 billion USD), Samsung Electronics (2.5 billion USD), and Amkor (1.6 billion USD), together with projects by Novacos, Seojin, Hana Micron, Hanwha Techwin, Intops, and others, has helped build a comprehensive ecosystem spanning electronics, semiconductors, and supporting industries.

These investments have helped transform Bac Ninh from an assembly base into one of Vietnam’s leading high-tech industrial centres.

Embassy seeks to boost Vietnam–RoK cooperation in semiconductors, electronics

Key topics discussed included the stages of the value chain Vietnam should focus on attracting, the requirements Korean companies have for expanding production, opportunities for bilateral cooperation in technology, research and development, and human resources, as well as strategies for Vietnamese firms to strengthen their access to supply chains.

Vietnam, RoK step up cooperation in key economic sectors

Regarding key minerals, they agreed to speed up necessary procedures to begin construction of the Vietnam-RoK key minerals supply chain technology centre. Vietnam will also work with relevant agencies to address difficulties that Korean businesses are facing when investing in the sector.

Vietnam exports first shipment of processed chicken to RoK

Vietnam and the RoK announced the opening of the Korean market to processed chicken from Vietnam on April 22 this year. C.P. Vietnam became the first company to meet the requirements to ship Vietnam’s first consignment of processed chicken to the market.

Vietnam, RoK expand supply chain, manufacturing cooperation

Beyond sourcing products, RoK companies aim to build long-term partnerships with Vietnamese firms through product showcases, business-to-business (B2B) matchmaking, investment opportunities and sustainable supply chain development.

Vietnam, RoK boost micro-business cooperation

Vietnam's young population, dynamic market, and big growth potential are a perfect fit for the strengths that Korean micro-businesses bring in K-brands, technology, and service expertise, said KFME President Song Chi Young.

Vietnam, RoK open market for processed chicken products

Minister of Agriculture and Environment Trinh Viet Hung said in the initial phase, each country will designate two enterprises eligible to export processed chicken products, expressing confidence that this starting point will pave the way for expanding participation and scaling up exports in the future.