Northern Vietnam province Bac Ninh records two-fold rise in 4-month registered FDI

Bac Ninh province attracted more than $1.91 billion in registered FDI capital during the first four months of the year, marking a 2.2-fold year-on-year increase, according to provincial official data.

Registered capital comprises capital for newly-registered projects, additional capital for existing projects, and capital for stake acquisitions.

Since the beginning of the year, Bac Ninh. home to a Samsung factory, has granted investment registration certificates to 87 new FDI projects. Investors fom China took the lead with 49 projects, followed by Singapore with 12 projects.

Newly registered capital amounted to $552.6 million, up $1.9 million or 0.3% compared to the same period last year.

In April alone, the province issued the certificates for 21 new projects worth $315.4 million. Notably, they include two large projects from China, namely a project on headphone and smart wearable device production with an investment of $270 million, and another on display screen assembly and manufacturing valued at $20 million.

During January-April, 56 projects adjusted their capital, resulting in a total additional investment of over $1.4 billion – a year-on-year rise of 3.3-fold.

The province also recorded $12.4 million in capital contributions and share purchases by foreign investors.

To date, Bac Ninh is home to 2,475 active FDI projects, with total registered capital exceeding $31 billion.

With its favorable investment climate, modern infrastructure, and abundant workforce, Bac Ninh continues to strengthen its position as a premier destination for foreign investors.

The rising influx of investment from major Asian economies like Japan, South Korea, and China, particularly in the software and semiconductor industries, highlights a qualitative shift in the province’s FDI attraction.

Bac Ninh is also the first locality in Vietnam to issue policies supporting the training of high-quality human resources and the development of the semiconductor industry - a move that reflects its ambition to become a trustworthy partner and vital link in the global semiconductor supply chain.

Registered FDI in Vietnam hit $13.82 billion in the first four months of the year, up 39.9%, while disbursed capital reached $6.74 billion, up 7.3% and marking a record high in five years, the Ministry of Finance's Foreign Investment Agency reported.