Currently, there are very few state-owned enterprises operating in Bac Giang province, while the number of FDI enterprises is large. At the end of 2024, the province had approximately 18,000 registered businesses, of which about 99% were private enterprises.

A production line at Bac Giang LGG Garment Corporation.

The total registered capital reached nearly 206.3 trillion VND (7.9 billion USD), creating jobs for around 33,150 workers. In 2024, the average monthly income of workers in private enterprises was 11.86 million VND.

Additionally, the province is home to about 1,200 registered cooperatives and roughly 140,000 individual business households.

These enterprises operate across a wide range of sectors including real estate, construction, garment and textile, agricultural product processing, wood processing, mechanical engineering, construction materials, trade and services, tourism, education and training, health care, information technology, and banking and finance.

Most private enterprises in the province are small, medium, or even micro-sized, contributing only about 30% of the province’s total budget revenue.

Business management capacity and legal awareness among these enterprises remain limited. Particularly, the number of private enterprises applying high technology, engaging in supporting industries or precision mechanics remains low.

The adoption of digital transformation and artificial intelligence (AI) is still in its infancy.

To effectively implement the Politburo’s Resolution No. 68-NQ/TW dated May 4, 2025, on promoting the private economic sector, it is necessary to develop and issue a project aimed at strengthening connections between domestic direct investment (DDI) and FDI enterprises.

The project includes an assessment of the current status of DDI and FDI enterprises in the province; identification of areas in which DDI and FDI businesses can collaborate, both now and in the future; proposals for information-sharing mechanisms between DDI and FDI enterprises; recommendations for forms of collaboration and linkage; and rapid deployment of support policies related to R&D, training, consulting, trade promotion, and technology transfer for DDI enterprises.

Once the project is approved, a dedicated agency should be assigned to regularly supervise, evaluate, and summarise the outcomes.

In the long term, it is necessary to develop mandatory mechanisms requiring FDI enterprises to use products and services provided by DDI firms.

The manufacturing plant of SamKwang Vina Co., Ltd., based in Quang Chau Industrial Park.

DDI businesses must proactively understand the needs of FDI enterprises through conferences, forums, and direct engagement sessions organised by government agencies or other channels.

They should be bold in seeking new technologies and improving product quality to meet the requirements of FDI partners. Coordination with relevant agencies to organise events and promote linkages between DDI and FDI enterprises is crucial.

A communication channel should be established to provide information on the capabilities and needs of both sides.

Effective connections among different types of enterprises will not only help improve productivity and product quality, but also create a synergistic momentum for the entire economy of Bac Giang province.

Bac Giang disburses 2.18 million USD to support agro-forestry and aquaculture production

BAC GIANG – As part of a 2024 plan to implement provincial Resolution No. 26 on agro-forestry and aquaculture development, Bac Giang has disbursed nearly 50 billion VND (2.18 million USD), or 88% of the total 56.6 billion VND allocated.

Bac Giang breaks ground on extended provincial road 293

BAC GIANG – Authorities in Luc Nam District (Bac Giang province) have started construction on the extended section of provincial road 293, stretching from Kham Lang intersection to Quynh market in Nghia Phuong Commune. 

Thousands of lychee drying kilns ready for harvest season in Bac Giang

BAC GIANG – With the main lychee harvest season approaching, nearly 3,000 drying kilns in Luc Ngan District and Chu Township of Bac Giang province are ready for operation. 

Bac Giang sees surge in new businesses

BAC GIANG – In the first five months of this year, nearly 1,000 new businesses and representative offices were established in the northern province of Bac Giang, up 14% year-on-year, according to the Department of Finance.

Bac Giang applies advanced processes to improve OCOP product quality

BAC GIANG – The application of international and national quality standards such as ISO, HACCP, GMP, VietGAP, GlobalGAP, and organic standards has significantly improved the quality of agricultural products and ensured food safety in Bac Giang province. Recognizing this importance, many enterprises and cooperatives in the province have invested in modern technologies and equipment, applying advanced processes in production and processing to enhance competitiveness and increase product value

Great potential to develop OCOP products from craft villages in Bac Giang

BAC GIANG – With 22 recognized craft villages and traditional craft villages, Bac Giang Province possesses vast potential for implementing the national “One Commune One Product” (OCOP) programme. Many of these craft village products have been rated under the programme, helping boost branding and increase economic value.