Hanoi’s Neighboring Province Achieves Over $2 Billion Trade Surplus, Marking a Spectacular Global Trade Breakthrough

Bac Ninh, a province adjacent to Hanoi, is renowned as the “billion-dollar industrial hub” of Northern Vietnam. According to the Bac Ninh Provincial Electronic Information Portal, in just nine months of 2025, the total import-export turnover reached an impressive $129.3 billion, marking a significant increase compared to the same period last year. Exports accounted for $65.7 billion, a 26.38% rise, while imports reached $63.5 billion, up by 36.51%. The trade balance continued to enjoy a surplus of over $2.16 billion, propelling Bac Ninh to the second position nationwide in export turnover, just behind Ho Chi Minh City.

This achievement solidifies Bac Ninh’s status as the “electronics manufacturing hub” of the North, attracting major foreign direct investment (FDI) corporations such as Samsung, Canon, Goertek, Foxconn, and Hanwha. The surge in exports is not solely driven by foreign investment but also by the growing momentum among domestic enterprises, particularly in supporting industries, logistics, and component manufacturing.

Amid global trade uncertainties, Bac Ninh maintains steady growth through flexible policies, a favorable investment environment, and proactive restructuring of its supply chain. The province focuses on cost-efficiency, sustainable practices, and the integration of digital technology in production and trade management.

To further boost import-export activities, Bac Ninh plans to enhance its warehousing and logistics infrastructure, upgrade inter-regional transportation networks to reduce shipping costs, and support businesses in adopting international standards and innovative technologies. These measures aim to increase added value and global supply chain participation.

The province is also committed to market expansion, diversifying trade partners, and streamlining administrative procedures to facilitate business operations. Additionally, Bac Ninh aims to attract high-quality FDI, foster stronger linkages with domestic enterprises, and develop a skilled workforce through specialized training in logistics, export-import, and modern manufacturing techniques.

Effective implementation of these strategies will enhance Bac Ninh’s competitive edge, expand its market reach, and ensure sustainable growth in trade, contributing significantly to the province’s socio-economic development.

In addition to its remarkable trade performance, Bac Ninh leads the nation in attracting foreign direct investment (FDI). As of September 20, 2025, the province has secured over $15.3 billion in investment capital. This includes 162 new domestic projects and 262 FDI projects, with registered capital of $256.1495 trillion VND and $1.5098 billion USD, respectively.

Furthermore, Bac Ninh has approved capital increases for 141 domestic and 201 FDI projects, adding $10.6037 trillion VND and $3.3002 billion USD, respectively. The province’s FDI attraction currently tops the national rankings.

In September alone, Bac Ninh attracted $148.76 million in investment capital, including six new domestic and seven FDI projects with registered capital of $1.7216 trillion VND and $9.5 million USD, respectively. Capital increases were also approved for three domestic and nine FDI projects, adding $691 billion VND and $43.9 million USD, respectively.

To sustain this investment momentum, Bac Ninh will implement measures to support businesses, address challenges, and promote sustainable production and trade. The province will closely monitor and resolve issues related to raw materials, markets, labor, and capital, ensuring an optimal investment environment.

Bac Ninh will also enhance training programs to improve business adaptability, diversify raw material sources, and expand market access. Prioritizing technological advancement, especially in strategic and supporting industries, the province encourages innovation and technology transfer to bolster competitiveness in a deeply integrated global economy.