Bac Giang promotes innovation to green the economy
BAC GIANG – Bac Giang is entering a new phase of industrial development with a focus on high-tech industries and semiconductor technology. However, the overall industrial development process is facing new challenges, notably the weakening of traditional comparative advantages such as land availability, geographical location, and cheap labour, as well as the control of core technologies and the "dual carbon" mission.
Recognising the importance of developing energy-efficient, low-carbon high-tech industries, and following the Prime Minister's directions, on October 15, 2022, the Chairman of the provincial People's Committee signed Decision No. 1026 on the issuance of the province’s action plan on green growth for the 2021-2030 period.
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Manufacturing motorcycle parts at Nichirin Vietnam Co., Ltd., in the Quang Chau Industrial Park (Viet Yen township). |
In addition, in the provincial Master Plan for 2021-2030, with a vision to 2050, the province defines comprehensive development in all sectors and fields, with industry being the main driving force for economic growth.
Bac Giang is also collaborating with the Ministry of Planning and Investment to develop an action plan for green growth in the industrial sector during the 2021-2030 period, with a vision to 2050.
Under which, the province aims to mobilise investment in advanced technologies, digital transformation, smart and sustainable infrastructure, and efficient use of natural resources (land, geographical location, climate...), while improving the investment environment.
With strong focus, over the past three years, Bac Giang has attracted dozens of industrial infrastructure and manufacturing projects, totaling over 6.5 billion USD in investment.
Among these are several projects worth hundreds of millions of USD, such as the expansion of the semiconductor manufacturing plant of Hana Micron Vina Co., Ltd., at the Van Trung Industrial Park (Viet Yen township); the lithium battery and electronic component manufacturing and assembly plant of Xinwei Electronic Co., Ltd., at the Yen Lu Industrial Park (Bac Giang city); and the Hanbo 2 factory of Hanbo Tech Co., Ltd., at the Hoa Phu Industrial Park (Hiep Hoa district), producing high-tech metal components.
One of the investment projects with a high automation rate (about 85%) is the project of Foxconn Internet Industrial (Fii) Vietnam, part of Foxconn Technology Group. A representative from Fii Vietnam stated that in 2007, the company began investing in Bac Giang.
By catching the trend of new industrial development trends like applying automation in production, using energy-saving methods, and developing artificial intelligence (AI), Fii Vietnam has now established three key legal entities in Bac Giang: Fuhong Precision Component (Bac Giang) Co., Ltd., Fuyu Precision Co., Ltd., and Precision Technology Component Fulian Co., Ltd., with total investment exceeding 1 billion USD.
In 2024, Fii Bac Giang employed nearly 40,000 workers, with revenues increasing by 50% compared to 2023 and contributing 241 billion VND (9.43 million USD) to the state budget.
Alongside investment in modern production lines and the application of high technologies in manufacturing, many businesses in the province have invested in solar energy production.
According to Bac Giang Power Company, 27 local companies have installed rooftop solar power systems, with a total capacity of 9.57 MWp. This contributes to additional electricity supply for production, reduces product costs, minimising carbon emissions into the environment, and enhancing product competitiveness.
The province’s action plan on green growth for 2021-2030 sets the goal of developing "green industries" with specific objectives such as reducing energy consumption per unit of GRDP by 1.5-2% annually; and increasing the proportion of renewable energy sources in total primary energy supply to about 2.5-3%.
The digital economy is set to account for 30% of the province’s GRDP; 100% of industrial parks and industrial clusters will have wastewater treatment systems; and 90% of wastewater from production, business, and service facilities will be treated up to environmental standards. To achieve these goals, the province will implement a range of drastic solutions.
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