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Bac Ninh sets 2026 GRDP target at over $25.2 billion. 

The conference highlighted that Bac Ninh continued to achieve rapid economic growth in 2025, with several indicators ranking among the top nationwide. The province’s GRDP growth rate reached 10.27%, placing it fifth in the country. The per capita GRDP was estimated at nearly $5,600.

Industry remained the backbone of Bac Ninh’s economy, with electronics, computers, and optical products continuing to be the dominant sectors contributing to growth.

Bac Ninh was one of the two leading localities in terms of total import-export turnover, estimated at approximately $182 billion-accounting for 20% of Vietnam’s total. The province reported a trade surplus of around $6 billion. It also attracted roughly $18.6 billion in total investment, including domestic and foreign direct investment (FDI), ranking third nationwide in FDI attraction.

A strong wave of entrepreneurship continued across the province, especially after the issuance of Resolution 68. An estimated 6,500 new businesses were established in 2025, expanding the local economy and creating jobs.

Meanwhile, the province is implementing numerous key infrastructure projects, including the Gia Binh International Airport and developments in healthcare, education, and culture to enhance living standards.

Candid reflections on challenges

During the conference, provincial officials also pointed out ongoing difficulties. Several businesses remain under pressure, especially those impacted by higher U.S. import tariffs.

Natural disasters also took a toll. Typhoon No. 11 and its aftermath caused agricultural losses estimated at $61 million. Urban flooding remains an issue during heavy rains in some central districts. Additionally, the early stage of the new two-level government administration faced coordination issues. Though science, technology, innovation, and digital transformation saw some progress, their contributions to economic growth remain limited.

Aiming for double-digit growth in 2026

The conference unveiled 30 development targets for 2026, including 12 economic, 14 social, and 4 environmental indicators.

Bac Ninh aims to reach a GRDP of over $25.2 billion in 2026 (up from $22 billion in 2025), with a growth rate between 12.5% and 13%. State budget revenue is projected at $3 billion, while local budget expenditure is expected to exceed $2.37 billion.

In terms of social indicators, the province targets employment for about 1.9 million people, maintaining an unemployment rate of 2% and reducing the poverty rate to 5%. By year-end 2026, more than 18,100 social housing units are expected to be completed. Monthly per capita income is projected to rise from $240 to $247.

Nine key solution groups outlined

To meet these targets, Bac Ninh has identified nine priority tasks and solutions for 2026. The focus is on effectively implementing directives from central and provincial leadership to ensure double-digit economic growth.

Bac Ninh also aims to meet and exceed state budget revenue estimates, while managing expenditures with fiscal discipline and effectiveness, and combating waste and inefficiency.

Importantly, the province has designated public investment disbursement as a central political task, aiming to achieve 100% of the planned capital allocation. Major projects will be accelerated, such as the Gia Binh International Airport, major connector roads, Ring Roads 4 and 5, and key bridges like Kenh Vang and Van Ha. These developments are expected to provide new momentum for Bac Ninh’s socioeconomic growth in the years ahead.

Bao Khanh