Bac Ninh aims to have 85,000 enterprises

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Bac Ninh aims to have 85,000 enterprises operating in the economy by 2030.

The Bac Ninh Provincial Party Committee has just issued Plan No. 11/KH-TU of the Provincial Party Committee Standing Committee to implement Resolution No. 68-NQ/TW of the Politburo on private economic development (KTTN).

The plan aims to thoroughly grasp and effectively implement Resolution No. 68-NQ/TW of the Politburo, raising awareness of the political system and the whole society about the important role of the State Audit in socio-economic development.

Accordingly, the plan sets a target of having 85,000 enterprises operating in the economy by 2030, an average of 21.5 enterprises/people; of which at least 2 large enterprises participate in the global value chain, 15 private corporations are among the 500 largest enterprises in Vietnam.

The average growth rate of the IPA is about 13 - 14%/year, contributing about 55 - 58% of the province's GRDP. The KTTN contributes about 35 - 40% of the total provincial budget revenue, creating jobs for about 84 - 85% of the total number of employees; labor productivity increases by an average of about 10 - 12%/year. Investment capital in the KTTN sector accounts for about 38 - 40% of total social investment capital.

By 2045, Bac Ninh financial institutions will develop rapidly, strongly, sustainably, proactively participate in the global production and supply chain; have high competitiveness in the region and internationally; promote comparative advantages, lead development on the poles and growth corridors.

Striving to have about 160,000 enterprises operating in the economy by 2045, contributing about 60% of the province's GRDP.

To achieve the above goals, the Plan sets out a number of key solutions and tasks, including innovating thinking, high unity in awareness and action, arousing national confidence and aspirations, creating new momentum and new momentum for the development of the ITS.

Promote reform, improve and enhance the quality of institutions and policies, ensure and effectively protect ownership rights, property rights, freedom of business, equal competition rights and ensure the implementation of corporate income tax contracts. Create favorable conditions for the ITS to access planning and high-quality land, capital and human resources.

Promote the application of science and technology, innovation, digital transformation, green transformation, and effective business in the corporate bond.

Strengthen connectivity between private enterprises, private enterprises with state-owned enterprises and FDI enterprises. Forming and developing large and medium-sized enterprises.

Substantially and effectively support small and micro enterprises and business households. Enhance business ethics, promote social responsibility, strongly promote business spirit.

After the merger, Bac Ninh has about 30 industrial parks with a total area of up to thousands of hectares. Bac Ninh's economic scale (GRDP) ranks 5th in the country.

Industrial parks in Bac Ninh strongly attract investment capital, especially FDI capital.

According to the People's Committee of Bac Ninh province, in the first 6 months of 2025, the whole province of Bac Ninh has attracted more than 12 billion USD in converted investment capital. In terms of FDI attraction alone, Bac Ninh province ranks second nationwide, after Hanoi city.

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