Investment

The Ministry of Finance wants to tighten monitoring of all programmes and push allocation and disbursement, clear bottlenecks promptly or escalate issues beyond the other ministries' authority. Agencies and localities with weak disbursement must face inspection, pressure and correction.

Ninh Binh’s industrial production maintained positive growth in the ten months of 2026, with the index of industrial production (IIP) rising 25.68% year-on-year. In which, processing and manufacturing remained the key growth driver with many groups of commodities, industries recorded strong growth.

A provincial delegation led by Tran Huy Tuan, Member of the Party Central Committee and Secretary of the Provincial Party Committee, on November 4 conducted a site inspection to assess progress on the Ninh Binh Hai Phong expressway (CT.08) project, which runs through the province.

Combined newly registered and additional capital reached 46.86 billion USD, of which processing and manufacturing accounted for 24.19 billion USD (51.6%), followed by real estate business with 7.08 billion USD (15.1%).

The Ninh Binh Provincial People's Committee on November 2 held a working session with SPRIX Vietnam Co., Ltd., led by its General Director Yusuke Homma, to discuss the company's proposal to provide free Test of Fundamental Academic Skills (TOFAS) assessments and cooperate in developing education in mathematics, programming, information technology and artificial intelligence (AI) in the province.

As e-commerce continues to expand, controlling counterfeit goods, tracing the origins of products, and handling violations are becoming increasingly challenging. Although the Law on E-commerce took effect on July 1, 2026, the effectiveness of market management still depends on enforcement and coordination among the relevant authorities.

Ninh Binh province is making significant strides in investment promotion in 2026, shifting from traditional approaches to digital platforms while strengthening links with key markets. Proactive efforts to build comprehensive databases, establish dedicated support units and promote substantive dialogue with businesses are generating fresh momentum for attracting high-quality investment.

Ninh Binh province’s Department of Construction reported on October 27 that a total of 494.3 billion VND in public investment capital was disbured for projects in the third quarter of 2026, equivalent to 47.34% of the allocated annual plan, with funding focused on transport infrastructure, social housing and urban development.

The PM stressed that national energy security and an adequate electricity supply are fundamental to achieving socio-economic development goals and constitute a particularly important political task for the entire political system.

The Ninh Co Economic Zone, covering approximately 13,950 hectares, is planned to become a hub for industry, seaports, logistics and service-oriented urban development in Ninh Binh province.

A delegation from Sweden’s Wallenberg AI, Autonomous Systems and Software Programme (WASP), led by Prof. Johanna Björklund, Director of WASP Media & Language, visited and held a working session with leaders of the Ninh Binh Provincial People’s Committee on October 21.

With a target of achieving average GRDP growth of at least 11% annually during the 2026-2030 period, Ninh Binh has identified science and technology, innovation and digital transformation as key drivers for improving labour productivity, attracting investment and increasing value added to the economy.

The planned IP in the northern province will prioritise investment in electrical and electronic industries, information technology and software.

The Investment and Trade Promotion Centre of Ninh Binh province on October 16 held a working session with a delegation from the Shonan Industrial Promotion Foundation of Kanagawa prefecture (Japan).

Ninh Binh’s export turnover surged in the first nine months of 2026, laying a solid foundation for the province to achieve its annual target. However, changes in trade policies, rising shipping costs and increasingly stringent requirements in import markets continue to put pressure on businesses. In the final months of the year, the province is focusing on supporting production, stepping up trade promotion, effectively leveraging free trade agreements (FTAs) and sustaining export growth while increasing the value of exported goods.

A delegation from Ninh Binh province is participating in an international agricultural training programme in Asan, the Republic of Korea (RoK), from October 12 to 23, to exchange expertise, explore advanced agricultural production models and techniques, and strengthen cooperation between the two localities.

The Ninh Binh Provincial People’s Committee has issued a decision approving adjustments to the Ninh Binh-Hai Phong expressway project’s section running through the province, raising its total investment to more than 9.11 trillion VND.

Key projects in the industry and trade and construction sectors play a particularly important role in driving growth, boosting production, strengthening infrastructure capacity, ensuring energy security, enhancing the competitiveness of the economy and creating new momentum for development in the coming period.

Ninh Binh recorded an impressive gross regional domestic product (GRDP) growth rate of 11.31% in the first nine months of 2026, ranking fifth nationwide. The province has affirmed its determination to sustain double-digit growth during the 2026 2030 period, while proposing competent authorities soon add the Ninh Binh Son La - expressway to the national road network master plan.