LISTS OF FOREIGN-INVESTED ENTERPRISES IN BAC NINH
Ranked fifth in the top 10 provinces and cities attracting the most investment capital in the country, Bac Ninh has shown its attraction to foreign investors. Specifically, Bac Ninh has attracted 222 new foreign direct investment (FDI) projects in the first 8 months of 2023, according to information from the Department of Planning and Investment of this province. The total registered investment capital value of these projects reached 806.25 million USD, marking a significant increase in foreign investment activities in this province.
Advantages for foreign-invested enterprises in Bac Ninh
- Economic relations: Currently, Bac Ninh province has developed economic relations with 39 countries and territories, attracting nearly 2,000 FDI investment projects and ranking 7th nationwide in terms of ability to attract investment capital. foreign investment. Among these, special attention is paid to attracting investment from Japan, especially projects in the fields of electronic component manufacturing, precision engineering and civil industry. This creates favorable conditions for Bac Ninh, opening the door to receive investment interest and options from Japanese investors in general, and from Osaka in particular, to research and choose to invest in the province. This.
- Infrastructure: Bac Ninh is increasing resources to complete the infrastructure of Industrial Parks (IZs) to attract investment and increase added value in the production process. Within the planning framework of 16 Industrial Parks, 24 infrastructure investment projects are currently being implemented, which have been decided on investment policies and granted Investment Certificates . Total investment capital, including new and adjusted registrations, reached nearly 2,119 billion USD.
- Geographical location: Bac Ninh is in the Red River Delta region, located in the key economic triangle Hanoi – Hai Phong – Quang Ninh and is the northeast gateway of Hanoi capital, connecting to other centers. great economy in the North. The convenient transportation system includes the Hanoi – Bac Ninh highway, important routes such as national highways 1A-1B, 18 and 38, along with the trans-Vietnam railway to China. In particular, Bac Ninh’s location near Noi Bai international airport and Hai Phong seaport creates great opportunities for economic exchanges and goods transportation in the province.
- Provincial policies: In order to create dynamic comparative advantages and improve competitiveness in attracting FDI, Bac Ninh province focuses on reforming administrative procedures, eliminating difficulties and obstacles for investors. investment, creating the most favorable investment environment for businesses. Administrative reform measures, especially administrative procedure reform, have been implemented drastically and comprehensively by the provincial government at all levels and sectors. In addition to general incentives such as land rent and land use, Bac Ninh offers special policies and mechanisms such as legal support for businesses according to annual approved plans, and support for agricultural production. and rural infrastructure in the period 2016 – 2020, support labor training, and support branding for businesses.
- Human resources: Bac Ninh province has gradually met the serious standards of FDI enterprises. Currently, Bac Ninh has a variety of universities, colleges, vocational schools, and many large-scale educational establishments, providing quality human resources with a total of 753,414 people of working age. Of these, 63.2% of the workforce has undergone training.
Some difficulties for foreign-invested enterprises in Bac Ninh
Tax incentives may not bring as many benefits as before: Vietnam is one of the countries participating in the Global Minimum Tax Program. Therefore, it is expected that from 2024, Vietnam will have to implement a minimum tax of 15% for businesses with global revenue of 750 million EURO or more. This means that large businesses investing in Ho Chi Minh City will also face the impact and no longer enjoy the tax incentives that Vietnam once provided.
Latest list of foreign-invested enterprises in Bac Ninh in 2023
No | Project code | Date Range | Name of Project | Registered capital | Project objectives | Project implementation location |
1 | 9862640044 | 17/03/2023 | SANJUN MATERIALS TECHNOLOGY TRADING PROJECT (VIETNAM) | 400.000 | Exercise wholesale distribution rights (not establish wholesale establishments), export rights, and import rights of goods according to the provisions of law. | No. 80, Nguyen Van Troi Street, Vo Cuong Ward, Bac Ninh City, Bac Ninh Province, Vietnam |
2 | 7662373425 | 17/03/2023 | TRM VIETNAM PROJECT | 400.000 | + General wholesale Details: Exercising the right to export, import, and wholesale distribution (without establishing a wholesale facility) of goods according to the provisions of law
+Wholesale of other machinery, equipment and spare parts Details: Wholesale of mechanical equipment, measuring equipment. +Wholesale of materials and other installation equipment in construction Details: Exercising the right to export, import, and wholesale distribution (without establishing a wholesale facility) of goods according to the provisions of law +Installation of industrial machinery and equipment +Repair of machinery and equipment |
Plot of land No. 77, map sheet No. 14, Area 2, Thi Cau ward, Bac Ninh city, Bac Ninh province, Vietnam (Rent private house for company office). |
3 | 1003065034 | 13/03/2023 | HANEOL VINA INVESTMENT PROJECT | 296.610 | The Company performs construction service activities and related technical services; Exercise the right to export, import, wholesale distribution (without establishing wholesale establishments), retail distribution (without establishing retail establishments) of goods according to the provisions of law: Panels, tiles , brick | 3rd floor, 72 Ly Thai To, Vo Cuong ward, Bac Ninh city, Bac Ninh province, Vietnam |
4 | 2110256327 | 09/03/2023 | HANMI ELECTRIC POWER VINA PROJECT | 200.000 | Installation of electrical systems.
-Installation of fire protection system. -Installation of electrical systems. – Install the lightning protection system, measure the grounding resistance of the lightning protection system. – Air conditioner installation – Communication line installation – Electrical wiring and equipment installation Installation of machinery and industrial equipment Installation of other construction systems: Installation of security surveillance camera systems; Install security warning systems, anti-intrusion systems, and burglar alarm systems. – Construction of electrical projects: Construction of transformer stations |
2nd floor, house at Map sheet No. 1, plot No. 95, Dong Yen village, Dong Phong commune, Yen Phong district, Bac Ninh province, Vietnam. (Rent location for company office). |
5 | 6520211024 | 08/03/2023 | ROBOTCOM AND FA.COM VIET NAM COMPANY LIMITED PROJECT( BAC NINH PROVINCE) | 333.751 | – Computer programming: Programming services; System maintenance services; Information technology software outsourcing.
-Computer consulting and computer system administration: Consulting services related to computer hardware installation; Software consulting and system consulting services; Software implementation services; System analysis services; System design service. – Repair of machinery and equipment: Repair and maintenance services of machinery and equipment (not including repair and maintenance of ships, aircraft, or other means of transport). – Installation of industrial machinery and equipment Data processing, rental and related activities: Data processing services. – Repair of computers and peripheral devices: Computer maintenance service. – Management consulting activities: Business management consulting. – Electrical system installation Specialized design activities: Machinery and equipment design services, Graphic design services. – General wholesale: Exercise the right to export, import, and wholesale distribution (without establishing a wholesale facility) of goods according to the provisions of law. -Other forms of retail not yet classified: Exercising the right to export, import, and wholesale distribution rights (not establishing wholesale establishments) of goods according to the provisions of law. |
No. 29, Vo Cuong 14 Street, HudLand Housing Area, Vo Cuong Ward, Bac Ninh City, Bac Ninh Province. |
6 | 3274886177 | 03/03/2023 | NEW OCEAN INTERNATIONAL TRADE INVESTMENT PROJECT | 300.000 | Exercise the right to export, import, wholesale distribution rights (not establish wholesale establishments), retail distribution rights (not establish retail establishments) of goods according to the provisions of law;
Commission agent services; Rent houses and construction works for sublease; Repair and maintenance services for machinery and equipment (excluding repair and maintenance of ships, aircraft or other means of transport): Repair and maintenance of machinery and equipment of distribution companies and do not distribute; Industrial machinery and equipment installation services; Technical analysis and inspection services: Technical analysis and inspection services for general mechanical and electrical systems; Other technical analysis and testing services; Install water supply, drainage, heating and air conditioning systems; Machinery and equipment repair and maintenance services (excluding repair and maintenance of ships, aircraft or other means of transport): Repair of personal and household items. |
No. 159 Nguyen Gia Thieu Street, Area 3, Suoi Hoa Ward, Bac Ninh City, Bac Ninh Province, Vietnam |
7 | 4346043484 | 03/03/2023 | KAIDEN PROJECT | 400.000 | + Exercise the right to export, import, and wholesale distribution of goods according to the provisions of law;
+ Providing repair services for machinery, equipment, electrical equipment and installation of industrial machinery and equipment |
Lot 12, 9th floor, apartment 902, Cat Tuong Eco Commercial Building, Le Thai To Street, Vo Cuong Ward, Bac Ninh City, Bac Ninh Province, Vietnam |
8 | 6565667542 | 01/03/2023 | VINH THANH SERVICE TRADING AND IM-EXPORT PROJECT | 400.000 | + Wholesale of fabrics, ready-made garments, and footwear: Exercise the right to export, import, and wholesale distribution of goods according to the provisions of law.
+ Other forms of retail not yet classified: Exercising retail distribution rights (Do not establish retail establishments) of goods according to business license issued by a competent state agency. |
House number 21, Thanh Bac street (plot number 18, map sheet number 5), Ninh Xa ward, Bac Ninh city, Bac Ninh province, Vietnam |
9 | 6554336116 | 28/02/2023 | SUNRISE INDUSTRIAL PROJECT VIETNAM | 420.000 | Production of products from plastic Details: Production of plastic insulation products (mouse pads, keyboard pads…) | Khac Niem Industrial Cluster, Khac Niem Ward, Bac Ninh City, Bac Ninh Province, Vietnam. (Factory rented from TAI TRUNG VIET INVESTMENT DEVELOPMENT COMPANY LIMITED) |
10 | 4326161758 | 28/02/2023 | CHUANG FA INVESTMENT PROJECT VIETNAM | 400.000 | Real estate business, land use rights belonging to the owner, user or tenant: Office sublease | House number SH-104, CentaCity project, VSIP Bac Ninh urban and service area, Phu Chan ward, Tu Son city, Bac Ninh province, Vietnam (private house rented for company office). |
11 | 1064730727 | 24/02/2023 | IM-EXPORT YAOYI PROJECT | 420.000 | Exercising the right to export, import, and wholesale distribution (without establishing a wholesale facility) of goods according to the provisions of law | House number 58, land plot number 483, map sheet number 90, Vo Cuong ward, Bac Ninh city, Bac Ninh province, Vietnam |
12 | 8764730605 | 24/02/2023 | HOA BAO VN PROJECT | 369.970 | General wholesale Implementing export rights, import rights, and wholesale distribution rights (without establishing wholesale establishments) of goods according to the provisions of law. | Land plot No. 181, map sheet No. 40, An Dong Village, Lac Ve Commune, Tien Du District, Bac Ninh Province |
13 | 4375680556 | 20/02/2023 | GREEN BULL PROJECT | 400.000 | Exercise the right to export, import, and wholesale distribution rights (without establishing wholesale establishments) of goods according to the provisions of law. | No. 13, Hoang Van Thai, Area 3, Dai Phuc Ward, Bac Ninh City, Bac Ninh Province, Vietnam |
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