Bac Giang has two more IP infrastructure development projects

The People’s Committee of northern Bac Giang province has granted investment registration certificates to two industrial park (IP) development projects with a combined capital of nearly 4 trillion VND (174.72 million USD).
Bac Giang has two more IP infrastructure development projects ảnh 1Map indicates locations of some industrial parks in Bac Giang (Photo: bacgiang.gov.vn)
Hanoi (VNA) - The People’s Committee of northern Bac Giang province has granted investment registration certificates to two industrial park (IP) development projects with a combined capital of nearly 4 trillion VND (174.72 million USD). 

Capella real estate developer will channel in close to 2.7 trillion VND to build infrastructure in the Yen Lu industrial park spanning 377 ha in Yen Lu commune of the province’s Yen Dung district. 

The park plans to attract secondary investors starting this November. Upon its operation, it is projected to create jobs for up to 42,000 workers.

Meanwhile, Lideco 1 Joint Stock Company will fuel nearly 1.2 trillion VND for the building of infrastructure at the Tan Hung industrial park of 105.3 ha in Lang Giang district’s Tan Hung and Xuong Lam communes.

The park is set to call for investment from February next year and generate jobs for 30,000 workhands.

Speaking at the ceremony to hand over the certificates, Chairman of the Bac Giang People’s Committee Le Anh Duong said the two infrastructure projects have an important role to play in the province’s industrial development as investors have been attentive to Bac Giang.

The investors receiving permission this time are brimming with experience, capacity and resources for industrial park infrastructure construction and development, he added.

Bac Giang has two more IP infrastructure development projects ảnh 2At the ceremony to hand over the certificates (Photo: VNA)
For his part, Bui Dinh Chien, General Director of Capella, pledged that the firms will closely work with the provincial management board of industrial parks, departments, sectors and authorities of Yen Dung and Lang Giang in building plans of the projects, particularly in compensation, construction speed and investment attraction.

Last year, the Prime Minister issued a dispatch on a project adjusting and supplementing the master plan on the development of industrial parks in Bac Giang province, including Yen Lu and Tan Hung.

The provincial People’s Committee was assigned to manage, use and change the purpose of land use, as well as choose investors in line with the law, ensuring openness and transparency.

Projects in industrial parks must be in line with approved land use planning and legal regulations related to bidding, land, housing, investment and relevant laws.

It must also direct the provincial management board of industrial parks and authorities to oversee the abidance of legal regulations regarding the construction on water drainage and wastewater treatment systems, including the Law on Environment Protection, the Law on Irrigation, the Law on Dykes and the Law on Water Resources.

At the same time, the province will be more selective in attracting investment projects, with a focus on high-tech, large-scale projects and those that would churn out competitive products, join the global value chain and significantly contribute to the state budget and social welfare, Duong said.

From now to 2025, Bac Giang aims to lure investments to industrial development intensively, towards improving productivity, quality and efficiency, and reducing the use of natural resources and energy.

The locality expects to raise investment projects’ contributions to its gross regional domestic product (GRDP) to 60-62 percent by 2025, and 66-68 percent by 2030.

The total investment disbursement is set at 246 trillion VND during the 2021-2025 period, and 613 trillion VND for 2026-2030.

Meanwhile, budget collection from projects is to increase 17 percent each year to reach 5.75 trillion VND by 2025, accounting for 38.3 percent of the province’s total budget collection. The numbers are expected to hit 12.6 trillion VND by 2030, and 52.7 percent.

For projects outside industrial parks and clusters, Bac Giang will only consider big ones that will have great impact on local socio-economic development, and those in disadvantaged areas in Son Dong, Luc Ngan and Yen The districts.

The province will prioritise projects that are able to manufacture products competitive in the global value chain like electronic and electric components and equipment, and machinery./.
VNA

See more

OCOP products are displayed at the Autumn Fair 2025 (Photo: VNA)

Domestic demand drives OCOP expansion

The domestic market has seen a shift in consumer awareness. While locally made goods were once viewed as secondary choices, improvements in quality and transparency have helped OCOP products become a preferred option in many households.

A Vietjet Air aircraft (Photo: VNA)

Vietjet remains among world’s safest airlines

Vietjet Air has consistently maintained AirlineRatings’ highest safety rating of seven out of seven stars since 2018, underscoring its sustained efforts to ensure safe and reliable journeys for passengers.

Illustrative photo (Photo: VNA)

Vietjet to transport apricot, peach blossoms on Lunar New Year occasion

Vietjet Air will transport apricot and peach blossoms on domestic flights from/to Ho Chi Minh City, Hanoi, Da Nang, Da Lat and Hai Phong from January 15 to February 28 on the occasion of the Lunar New Year (Tet) festival, at 450,000 VND (17.13 USD) per bundle (excluding taxes and fees).

The National Spring Fair 2026 will take place at the Vietnam Exposition Centre from February 2 to 8. (Photo: VNA)

National Spring Fair 2026 to boost trade, strengthen value chains

The proactive engagement of Vietnam’s trade offices overseas is also expected to contribute to the success of the fair. From mid-January, these offices have launched coordinated promotion and matchmaking efforts, inviting foreign partners to attend the fair as a gateway to Vietnam’s market, manufacturing capacity and investment environment.

The Song Khoai Industrial Park (Quang Ninh province) attracts numerous enterprises for investment and production, creating jobs for local workers. (Photo: VNA)

Quang Ninh removes bottlenecks to attract 3 billion USD in FDI

Chairman of the provincial People’s Committee Bui Van Khang said that Quang Ninh aims to draw 101 non-state budget domestic investment projects with total registered capital of nearly 569 trillion VND (21.6 billion USD), and 3 billion USD in FDI capital in 2026.

Average economic growth of 6.3% per year, together with an estimated 8.02% expansion in 2025, has placed Vietnam among the world’s most dynamic economies. (Photo: VNA)

Indonesian scholar praises Vietnam as model of sustainable, inclusive growth

These achievements so far stem from the consistent leadership of the Communist Party of Vietnam, the spirit of self-reliance and resilience, and strong national solidarity, laying a solid foundation for the country’s strategic development goals towards 2030 and the vision to 2045, according to a senior researcher at the Centre for Southeast Asian Studies.

Vietnam – India trade hit historic high of nearly 16.46 billion USD in 2025. (Illustrative photo: VNA)

Vietnam – India trade sets new record at nearly 16.5 billion USD

India supplies key inputs such as iron and steel, chemicals, pharmaceuticals, textiles and garments, animal feed and aquatic products, while Vietnam exports technology-intensive goods, electronics, textiles and garments, chemicals, wood products, footwear, spices, coffee and pepper.

Experts discuss at the event (Photo courtesy of the organiser)

Venture capital falls for fifth straight year in 2025

This downturn continues the trend of decline that began in 2021 amid tighter global liquidity and a structural reset in investor risk appetite, according to the 'Vietnam Tech & Venture Capital Outlook 2025' report published by VinVentures.

With many advantages, Vietnam has opportunities to integrate more deeply into the global technology value chain. (Photo: VNA)

Vietnam emerges as typical case of Asia’s FDI success

Vietnam stands out as a representative example. The article cites US technology group Intel as a case in point. Since establishing its testing and assembly facility at the Saigon Hi-Tech Park in 2010, Intel has expanded operations through total investments of 1.5 billion USD.