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With more than 1,550 active projects and registered capital totaling over $11.1 billion, Chinese investors are leading in the number of projects in Bac Ninh, positioning them as a key driver of the province’s industrial growth, particularly in high-tech sectors such as electronics, semiconductors and telecommunications.
According to Bac Ninh Province’s Department of Finance, the province has attracted over 1,550 active investment projects from Chinese partners, with registered capital above $11.1 billion. While China ranks third in capital size after Korea and Singapore, it leads in the number of projects among the 44 countries and territories with investment activity in Bac Ninh.
Separately, the Management Board of Industrial Zones of Bac Ninh reports that there are 755 Chinese-invested projects still active, with total registered capital above $10 billion.
The reported figures reflect both the scale of investment and business operations of Chinese-origin firms and the role of this capital within the province’s overall investment structure.
One Chinese conglomerate is planning to increase investment and expand into building a factory in high-tech sectors, including semiconductors, electronics and manufacturing. If implemented, the move would represent a step toward attracting projects with higher technological content and value addition, aligning with the province’s sustainable development direction.
Alongside investment attraction, Bac Ninh is working to improve the business environment and support enterprises to operate stably over the long term. The article notes that many Chinese companies have been able to expand in the province, creating tens of thousands of jobs.
As an example, Luxshare-ICT Co., Ltd. currently operates four factories in Bac Ninh with over 45,000 employees focused on electronics manufacturing. The average wage is about 9 million VND per month, contributing to social security and improving living standards.
Bac Ninh is also studying private-sector funding for non-industrial infrastructure, including constructing additional overpasses in industrial zones alongside plans to expand related expressways. The projects are expected to break ground later this year.
Under the plan, Bac Ninh Province will allocate more than 2 trillion VND for infrastructure in this area to meet growing production needs and commuting demand from workers.
The infrastructure and investment measures are described as a strategic move to strengthen competitiveness and help Bac Ninh retain and attract more large investors.
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