The Ideal Destination for InvestmentBAC GIANG PROVINCE
Bac Giang, neighbor to the rising Vinh Phuc, leverages its lychee fame and skilled workforce to become a northern industrial hub, attracting foreign investment.
Its agricultural strength complements its industrial growth, making Bac Giang a key player in Vietnam’s dynamic economy.
1.235 km²
Area
1.235 km²
Area
1.235 km²
Area
Specification
3,822 km²
Area
1.9 million
Population
Top 5
Competitiveness Index
Why Bac Giang
Strategic Location
- Bridge connecting the Northwest provinces with Hanoi and the Red River Delta
- Located right next to Hanoi City – the capital of Vietnam; 40 km from Noi Bai Airport
- The North borders Tuyen Quang and Thai Nguyen provinces, the West borders Phu Tho province, the
- South borders Hanoi, the East bordering 2 districts of Soc Son and Dong Anh – Hanoi
Temperate Climate
- Located in the tropical monsoon region
- An average annual temperature of 24.2 degrees
- The average annual rainfall is 1,400 – 1,600mm
- The average total number of sunny hours in a year is 1,400 – 1,800 hours
Industrial Development
- The province has 19 industrial parks with a total area of nearly 5,228 hectares, of which 9 IPs have been fully invested in and operationalized
- The number of valid investment projects in Vinh Phuc industrial zones is 438 projects as of August 15, 2022
Transportation
- Road network includes 1 expressway (Hanoi – Lao Cai) and 4 national highways (NH2, 2B…) – important arterial roads, connecting Vinh Phuc with major economic centers in the North, international airports, seaports, border gates…
- Hanoi – Lao Cai railway line passes through Vinh Phuc, passing through many key areas of Vinh Phuc such as Phuc Yen city, Vinh Yen city, Binh Xuyen district, Tam Duong district, Vinh Tuong district.
- Waterway: The Red River and Lo River flows through Vinh Phuc serving freight transport on the Hanoi – Viet Tri – Lao Cai route (Red River), and the Viet Tri – Tuyen Quang – Na Hang route (Lo river).
Economic Development
- The average growth rate in the period 1997 – 2021 increased by 13.42%/year
- The state budget revenue reached over 32,000 billion
Pro-business government
- Administrative reform
- Policies to attract investment and enhance the business environment
- Dedicated industrial park management boards