Investment certificates granted to the developers of Phuc Son and expanded Viet Han Industrial Parks

Top choice for investors

Bac Giang offers strong investment appeal with its prime location, large land reserves for industry, and abundant workforce. Its transportation network is a key strength, featuring major routes like National Highways 1A and 31, Nhu Nguyet and Dong Viet Bridges, and the road linking Highways 37, 17 and Vo Nhai (Thai Nguyen).

In recent years, Bac Giang has ranked among the top 10 provinces for FDI, with notable growth in both the quantity and quality of projects. Global tech giants like Hana Micron, Foxconn, Luxshare-ICT and JA Solar have invested heavily, boosting the province’s economy and budget contributions.

In 2024, despite significant challenges, Bac Giang attracted over US$2.04 billion in investment, reaching 75% of the previous year's level. The province ranked 10th in FDI attraction among Vietnam's 63 provinces and cities.

Individuals honored with certificates of merit from VCCI for their contributions to Bac Giang's socio-economic development and business community 

Explaining Bac Giang's appeal to major investors, Ms. Bui Thi Thu Thuy, Director of the Provincial Department of Planning and Investment, said: "Bac Giang stands out for its commitment to supporting businesses, embracing the motto: ‘The investor's business is the province's business.’ The province ensures smooth facilitation from project research to implementation and addresses emerging issues through direct dialogues with provincial leaders."

Bac Giang benefits from its strategic location and improving transportation links to the Northern Delta region. With well-developed infrastructure, ample land and skilled human resources, the province is a stronghold for attracting domestic and foreign investors.

Bac Giang currently hosts 10 industrial parks spanning over 2,464 hectares and 38 industrial clusters covering 1,208 hectares. By 2030, the province plans to expand to 29 industrial parks totaling 7,000 hectares. These parks feature modern infrastructure and integrated services, positioning Bac Giang as an attractive destination for investors.

Bac Giang will pursue selective investment policies, prioritizing high-tech FDI, supporting industries, advanced agriculture and high-value projects that emphasize technology, sustainability and global supply chain integration. By 2030, the province aims to rank among the top 15 nationwide in GRDP scale and lead the Northern Midlands and Mountainous region as a modern industrial hub.

Improving infrastructure, enhancing competitiveness

Bac Giang is accelerating public investment disbursement to boost socio-economic development. In 2024, the province manages a total state budget of VND10,447.8 billion, including VND9,902.6 billion in allocated funds and VND545.2 billion in extended capital.

By October 2024, Bac Giang had disbursed VND5,083.2 billion, achieving 54.6% of its plan, surpassing the national average.

The Bac Giang Provincial Civil and Industrial Construction Investment Project Management Unit (Bac Giang PMU) is overseeing key projects from 2021 to 2025. Construction and equipment installation for the new provincial inter-agency building are progressing quickly for timely completion. The Provincial Cultural and Exhibition Center and Sports Hall, once finished, will become architectural landmarks in the southern urban area of Bac Giang city, enhancing urban development.

The new inter-agency office project in Bac Giang, managed by the Provincial Civil and Industrial Construction Investment Project Management Unit

A representative of Bac Giang PMU said: "To speed up public investment disbursement, the investor consistently urges contractors to accelerate construction, quickly accept and pay for completed work, ensuring timely project completion. Focus is also placed on investment preparation, document completion and contractor support. The Board regularly updates management methods and processes, setting standard criteria for personnel and technology, which is key to addressing future challenges."

In the coming years, Bac Giang will focus on building and enhancing socio-economic infrastructure to attract investment. The province will prioritize infrastructure for industrial zones, social amenities (housing, healthcare, education), and skilled labor to attract high-quality, technology-driven capital. It will also strengthen project monitoring, support investors in overcoming challenges, and create an open, transparent investment environment. These efforts aim to foster rapid, sustainable development and position Bac Giang as a top destination for high-quality investment in the future.