Investment

Authorities were requested to guide and support vessel owners seeking registration or fishing licences to complete procedures in compliance with the 2017 Fisheries Law.

Leaders of Ninh Binh province and Asan city (Republic of Korea) held talks and signed a cooperation agreement at the provincial People’s Committee’s headquarters on October 31.

Identifying industry as the driving force for economic growth, Ninh Binh province has promptly developed a master plan for industrial parks, ensuring reasonable land allocation and creating conditions for synchronous industrial development.

Ninh Binh province aims to become a centrally-run city by 2030, with modern industry, high-quality tourism services, and a green urban area associated with heritage. To achieve the target, in recent times, the province has focused on key areas such as industrial development, tourism, education and training, healthcare, innovative startups; attracting investment resources for strategic infrastructure such as highways, airport, deep-water seaports, high-speed railway stations, inter-regional connecting routes; developing urban areas associated with public transport; forming a chain of modern urban areas, linking industrial parks, tourist areas, and economic zones.

Vietnam’s total state budget revenue in 2025 is expected to exceed 2.38 quadrillion VND (90.34 billion USD), up nearly 17% from 2024.

A total of 13 projects were honoured as the most outstanding during the final round of the Green Startup Competition 2025 held in Ho Chi Minh City on October 26-27.

Vice Chairman of the provincial People’s Committee Tran Anh Dung said the province has instructed the Department of Agriculture and Environment to coordinate with relevant agencies to propose policies for occupational transition and decommissioning of fishing vessels that no longer operate, and to support the replacement and maintenance of vessel monitoring system (VMS) devices in accordance with Decree No. 37/2024/ND-CP.

Prime Minister Pham Minh Chinh has emphasised the importance of developing the railway industry and its ecosystem in a sustainable manner, with a focus on industrialisation and modernisation.

A delegation of Ninh Binh province led by Standing Deputy Secretary of the provincial Party Committee Dinh Thi Lua on October 21 arrived in Barcelona, Spain, beginning a working visit to a number of countries in the European Union (EU).

Ninh Binh province is one of the localities with the highest rate of public investment disbursement in 2025 in the country, reaching nearly 94% of the assigned plan.

Domestic revenue, excluding crude oil, contributed more than 1.72 quadrillion VND, exceeding the estimate by 3.31%, while revenue from import-export reached 249.22 trillion VND, exceeding the estimate by 6.05% after deducting VAT refunds. Revenue from crude oil totaled 39.04 trillion VND, equal to 73.38% of the estimate.

As part of their working visit to Ninh Binh, a delegation of Gunma prefecture (Japan) and leaders of the Ninh Binh provincial People’s Committee held talks and signed a Memorandum of Understanding (MoU) on bilateral cooperation.

The ground-breaking ceremony for Kim Thai Industrial Cluster infrastructure project took place in Vu Ban commune of Ninh Binh province on October 10.

Ninh Binh has just recorded an impressive GRDP growth rate in the first nine months of 2025, reaching 10.45%, rising to third place among the country’s 34 provinces and cities in terms of growth.

According to release from the provincial People’s committee, in nine months of 2025, revenue of enterprises in industrial zones reaches over 360 trillion VND.

Right in the first days of merging administrative units and implementing the two-level local administration model, Ninh Binh province welcomed many enterprises, corporations, and business associations from other countries to explore investment cooperation opportunities. This demonstrates the confidence of the business community in the investment environment and potential of the province, affirming Ninh Binh’s position on the national investment attraction map.

Ninh Binh province’s authorities are implementing comprehensive measures to combat illegal, unreported and unregulated (IUU) fishing, focusing on strict handling of vessels, those without proper registration, licenses, inspection cerificates or monitoring equipment while updating the provincial fishing vessel database into the national VNFishbase system.

The Ninh Binh provincial People’s Committee on September 25 held a ceremony to inaugurate and install plaques for two projects to welcome the first Congress of the provincial Party Organisation for the 2025-2030 tenure.

Secretary of the provincial Party Committee Truong Quoc Huy and Chairman of the provincial People’s Committee Pham Quang Ngoc met with Japanese investors to listen to their concerns and discuss solutions to challenges affecting production and business operations.