Bac Ninh develops and creates a ripple effect in the new situation

Nguyen Huong Giang, Deputy Secretary of the Provincial Party Committee, Chairwoman of Bac Ninh People's Committee.

2021 is the first year that Bac Ninh focuses on implementing the 20th Provincial Party Congress Resolution and the 5-year socio-economic development plan for 2021-2025 with many opportunities and challenges, implementing the “dual goals” of preventing the COVID-19 pandemic to protect people’s health while making good use of opportunities, overcoming difficulties, making efforts to promote comprehensive development of economic sectors in a sustainable, creating a ripple effect. While the COVID-19 pandemic remains complicated, negatively affecting the global economy and all aspects of Viet Nam’s economy, society and life. With the determination of the whole political system, people and business community, Bac Ninh’s economy still achieved high growth: State budget revenue in the first eight months of the year was estimated 20,045.27 billion VND, equivalent to 72% of the yearly target and an increase of 6.14% over the same period; Total import and export turnover reached 49.1 billion USD; in which, export is estimated at 26,061 billion USD, up 21.1% over the same period, import is estimated at 23,088 billion USD, up 21.9%. Gross regional domestic product (GRDP) in the first 6 months of 2021 (compared to 2010) is estimated at 61,115 billion VND, up 7.45% over the same period.

High determination to realize the “dual goals”

In order to remove difficulties and promote comprehensive development in all fields, the Provincial People's Committee has urgently implemented synchronously innovative and unprecedented measures to ensure correct, successful and effective pandemic control, with great determination to realize the “dual goals” of effective pandemic prevention and protection of workers' health. Maintaining a thorough anti-pandemic strategy by closely following the 5 principles of prevention, detection, isolation, zoning, suppression and treatment to quickly stabilizes the situation, and the four on-the-spot motto (leadership, human resources, means and logistics on-the-spot), improving the committees and unit leaders’ responsibilities.

During this peculiar period, Bac Ninh launched a quick response team to support businesses, in order to provide the most effective consultation, the fastest resolution and the safest prevention from the pandemic. Thanks to the drastic and creative solutions, Bac Ninh has basically controlled the outbreak and resumed production. Most businesses and large industrial parks in the area have returned to normal operations. In August 2021, the province’s index of industrial production (IIP) increased by 13.63% compared to the previous month (increased by 6.18% compared to August 2020). In the 8 months of 2021, IIP had registered a growth of 9.81% over the same period last year.

However, on August 15, there was a cluster related to the Viettel Post in Luong Tai district, which underwent 21 days of COVID-19-free. In order to promptly prevent further outbreaks to the community, the province quickly intervened and directed agencies and relevant units to advise the Provincial Steering Committee for COVID-19 prevention and control, to come up with proactive measures.

Bac Ninh's leaders attend the Meet Japan 2020. (Photo: VNA)

Develop and create a ripple effect

Bac Ninh is situated in the Northern Key Economic zone and basically become an industrial province, with socio-economic indicators always at the top of the country. In 2020, industrial production value ranks first, export turnover ranks second, income per capita ranks third GRDP ranks eighth, national budget revenue ranks ninth in the country. Bac Ninh’s Provincial Competitiveness Index (PCI) continuously ranked in the country’s top 10.

The province currently has 16 concentrated industrial parks approved and adjusted by the Prime Minister, covering nearly 6,400 hectares (of which 10 are already in operation, 2 is under implementation and and 4 recently established). In addition, along with 29 small and medium industrial clusters with a total area of 870.97 ha, Bac Ninh is ready to welcome domestic and international investors.

An attractive investment environment, stable political security, dynamic and creative ways of doing things have helped Bac Ninh to attract various domestic and foreign investors, including some of the world’s leading corporations such as Samsung (South Korea) with 4 factories in Bac Ninh: SDV (6.5 billion USD), SEV (2.5 billion USD), SDI (2 factories with total investment of 192 million USD); Canon (Japan) in Que Vo and Tien Son industrial park; Foxconn (China), VSIP (Singapore), etc., along with hundreds of auxiliary enterprises...

In addition, the province encourages, facilitates and strengthens the linkages between FDI and domestic enterprises, in order to form clusters of electronics and high-tech industries, to develop hi-tech parks and universities; to increase the product’s price localization rate, transfer technology, create conditions for local industries to participate in the global value chain, towards the development of supporting industries, promote Bac Ninh to become a creative and dynamic city in the future.

In 2021, in the face of difficulties caused by COVID-19, despite suffering many impacts, Bac Ninh still maintains its ability to attract capital sources. Since the beginning of the year, there were 89 new projects granted with investment certificates and a total registered capital of 465 million USD; adjusted capital for 55 projects with the total increased of 102 million USD. Accumulated to August 18, 2021, the province has granted investment registration for 1,694 valid projects with the total registered investment capital, after capital adjustment and contribution, of 20.3 billion USD, coming from 37 countries and territories, ranking 7th in the country.

A view of Bac Ninh city. (Photo: bacninh.gov.vn)

In terms of attracting domestic investment capital, the province granted investment certificates for 32 projects with a total capital of 10,185 billion VND; adjusted capital for 16 projects, with an increase of 4,403 billion VND; revoked 5 projects with a total capital of 414 billion VND. Accumulated to August 18, 2021, there were 1,464 valid projects granted with investment certificates with a total adjusted investment capital of 213,402 billion VND.

In order to continue to “invest in the future”, Bac Ninh will focus on attracting investments associated with the orientation of knowledge-based economy, high-tech production, sustainable development, selecting projects based on the province’s “2 less, 3 high, 4 ready” criteria, which are: using less land, less labor; high investment capital, high efficiency and high technology; ready in terms of premises, ready in human resources, ready to reform and ready to support the business community in implementing investment projects.

Towards the goal of building a goverment of integrity, capability of performing drastic actions, strong aspiration for development, and fulfilled duties of serving the people, Bac Ninh continues to focus on drastic and effective administrative reform; constantly pay attention to perfecting the administrative systems, mechanisms and policies in order to promote industrialization and modernization; improve the quality of goverment officials, civil servants and public employees and the quantity suitable to practical requirements, step by step towards professionalism and modernity. Initially, the province needs to make efforts to take advantage of opportunities, overcome difficulties, promote comprehensive development, thoroughly grasp the point of view of putting people at the center, take drastic actions to realize the “dual goals”, with the full determination of the political system, the business community and the entire population.

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