Ninh Binh - A bright spot in investment attraction

Improving effectiveness of investment promotion and attraction

In recent years, Ninh Binh has implemented a comprehensive set of solutions to improve the effectiveness of investment promotion and attraction. This includes focusing on accelerating land clearance, planning infrastructure construction, and implementing projects in the Ninh Co Economic Zone, Nam Cao University Zone, High-Tech Zone, industrial parks, and industrial clusters, ensuring timely progress and providing clean land for investors. Strengthening the promotion and advertising of the province's image and investment environment; decisively and effectively implementing the Politburo’s Resolution No. 68-NQ/TW dated May 4, 2025, on the development of the private economic sector.

With the motto: “The administration accompanies, is open-minded, listens, and genuinely resolves difficulties and obstacles for businesses,” the province directs all levels and sectors to proactively grasp, consider, and resolve difficulties and obstacles for large investment projects and focus on providing public services to businesses and households regardless of administrative boundaries.

According to the Department of Finance, in 2025, the province prioritised investment promotion activities domestically and abroad; maintaining traditional markets and partners; expanding markets and partners according to multilateral or bilateral agreements; and actively supporting investors after licensing.

The results of investment attraction solutions have been positive. The province has granted initial investment registration certificates to 293 projects, including 218 domestic projects with a total registered capital of nearly 49.85 trillion and 75 FDI projects with a total registered capital of 944 million USD; and adjusted 508 projects with a total capital increase of 13.4 trillion VND and 588 million USD.

Attracting investment in economic zones and industrial parks

In the province, besides the Ninh Co Economic Zone, there are 20 out of 32 industrial parks currently operating with synchronously invested technical infrastructure, basically ensuring the production and business needs of investors. These industrial parks attract over 1,000 active investment projects.

With a large number of investment projects, in 2025, the total revenue of enterprises in industrial parks was estimated to reach 461.83 trillion, an increase of 33.06%. Their export value reached 15.82 billion USD, an increase of 15.3% compared to 2024.

Also in 2025, the province had 171 new investment projects registered in industrial parks, including 66 FDI projects and 105 domestic investment projects, with a total registered investment capital of 972.1 million USD and 18.58 trillion VND.

Accordingly, the province's industrial parks have to date accommodated 1,114 projects, including 541 FDI projects and 573 domestic investment projects, with a total registered investment capital of approximately 10.3 billion USD and 133.3 trillion VND.

Investors in industrial parks mainly come from China, the Republic of Korea, Japan, and some European countries. Among them, China (including Taiwan and Hong Kong) is currently the largest foreign investor.

According to the assessment of the Provincial Economic Zone and Industrial Park Management Board, in recent years, a highlight in attracting investment to industrial parks has been the rapid increase in scale, number, and competitiveness of the private sector in both domestic and international markets, gradually participating in high-value stages of the global supply chain.

In 2025 alone, there were 96 investment projects by private enterprises in industrial parks with a total registered investment capital of 16.4 trillion VND. During the 2020-2025 period, revenue in the province's industrial parks reached more than 1.81 quadrillion VND, with an average annual increase of 14.69%; export value reached nearly 57.4 billion USD, with an average annual increase of 3.81%. Businesses in the industrial parks have provided employment for approximately 200,000 workers with an average income of 7.5 million VND/person/month and contributed over 125.5 trillion VND to the state budget.

In the past period, the provincial Management Board of the Economic Zones and Industrial Parks has closely followed the Resolutions of the Party Congresses of former Ninh Binh, Nam Dinh, and Ha Nam provinces and the province's investment attraction programme to build and effectively implement investment promotion programmes; proactively and actively accompanied and supported businesses in recruiting labourers; connected investors with universities, colleges, and foreign language centers in the area to support the training of skilled human resources with professional expertise and foreign language skills.

At the same time, it widely and publicly announced on the unit's websites and mass media the province's policies and mechanisms on investment attraction; information on adjustments and additions to the industrial structure, priority orientations for attracting investment into industrial parks, etc., helps investors to promptly grasp and plan appropriate and effective investments.

Aspiration for breakthrough in FDI attraction

In the period 2025-2030, Ninh Binh is striving to achieve strong growth in attracting investment capital into economic zones and industrial parks, with the goal of filling 80-90% of the area of newly established industrial parks; average revenue from economic zones and industrial parks in the province reaching 644.7 trillion VND per year; and businesses contributing 22.91 trillion VND a year to the state budget.

Among the tasks and solutions set forth, the province identifies focusing on developing industries in the direction of modern, high-tech, clean, environmentally friendly industries with high added value; accelerating the construction of infrastructure in the Ninh Co Economic Zone and other planned industrial parks and clusters; expediting infrastructure completion and addressing obstacles to bring the Ha Nam High-Tech Park into operation soon… to welcome a new wave of investment. In addition, it will promote administrative procedure reform; develop preferential policies to attract investment; pay attention to training and developing high-quality human resources to meet the needs of businesses.

In the coming period, the province will continue to promote research on the formation of an airport and a deep-water seaport; expand development space to the East and South, creating a strong breakthrough in attracting investment; strive to significantly improve the business environment, enhance provincial and departmental competitiveness; resolutely reclaim slow-progressing projects, creating clean land and ready infrastructure for strategic projects.

Ninh Binh will continue to attract investment from traditional partner markets such as the Republic of Korea, Japan, China, Taiwan (China) and Singapore… and expand investment promotion from countries with high technology and core technologies; countries leading supply chains, and countries that are members of multilateral FTAs with Vietnam.

At the same time, it will focus on attracting investment in high-tech industrial projects, mechanical engineering, assembly, automobiles, motorcycles, electrical, electronics, telecommunications, information technology, supporting industries, new materials; processing industries; pharmaceutical production; textile and garment industry (for coastal areas); electronic component and semiconductor manufacturing.

With many advantages in transportation, geographical location, a wide network of industrial zones and clusters, and open and attractive investment mechanisms and policies, Ninh Binh province promises to accelerate even further in attracting investment./.