Ninh Binh’s economic zones, industrial parks become attractive destinations of investors

According to the Ninh Binh provincial Management Board of Economic Zones and Industrial Parks, in the first six months of 2026, state management of IPs was further strengthened, the investment and business environment continued to improve, and investment promotion efforts delivered notable results. These achievements have played an important role in supporting economic expansion, employment generation, and local revenue growth.

Sustaining growth amid global headwinds

Despite challenges from the global market, production and business activities within the IPs remained stable. Many enterprises proactively adapted, expanded production, enhanced competitiveness, and sought new markets.

As a result, total revenue generated by enterprises in the IPs was estimated at 252.92 trillion VND (9.6 billion USD), up 14% year-on-year. Export value reached nearly 15 billion USD, a sharp increase of more than 91%, while import value exceeded 16 billion USD, rising nearly 109%. State budget contributions were estimated at around 11.87 trillion VND, up 13.1% compared to the same period last year.

Key industrial products continued to post strong growth, including laptops, which increased by more than 171%; trucks, up over 50%; and garments, up 30%. Electronics components, camera modules, touch screens, and automotive wiring systems also maintained steady growth momentum.

Alongside production stability, investment promotion and attraction activities were implemented in a more proactive, flexible, and effective manner.

In the first half of 2026, the IPs in Ninh Binh attracted 50 new investment projects, including 21 foreign direct investment (FDI) projects and 29 domestic projects. Total registered capital reached more than 198 million USD and 3.71 trillion VND. Notably, 40 existing projects adjusted to increase capital by over 783 million USD and nearly 1 trillion VND, reflecting continued investors’ confidence in the province’s business environment.

To date, Ninh Binh’s IPs have attracted 1,165 secondary investment projects, including 567 FDI projects and 598 domestic projects, with total registered capital exceeding 11.2 billion USD and nearly 138 trillion VND.

Major corporations operating effectively in the IPs include Hyundai Thanh Cong Vietnam, Honda Vietnam, Wistron Infocomm Vietnam, QMH Computer, Young One Nam Dinh, Top Textiles, AVC, and Sumi, all of which have contributed significantly to economic growth, labor restructuring, and industrial capacity enhancement in the province.

Investment results have also helped key development targets exceed planned growth scenarios. Total additional registered investment capital reached more than 29.22 trillion VND, equal to 119.3% of the annual plan, while FDI reached over 981 million USD, equivalent to 115.4% of the target.

Job creation and workforce development

Beyond economic contributions, the EZs and IPs have played a crucial role in job creation and income improvement for workers.

Currently, enterprises in the local EZs and IPs are creating direct employment for more than 222,100 workers, along with millions of indirect jobs in services, transport, trade, and supporting industries.

In the first six months of the year, the management board has coordinated with relevant agencies to implement various labour recruitment support programs, particularly for new or expanding projects. Thousands of workers were recruited by major enterprises such as QMH Computer, Ramatex Nam Dinh, MCNex Vina, Santa Clara, Viet Thuan Garment, and others.

Labour rights protection, occupational safety, and employer-employee dialogue mechanisms have also been strengthened, contributing to a stable, harmonious, and sustainable labor environment.

A notable highlight is the accelerated application of information technology and digital transformation in governance and administration. Currently, 100% of documents are processed electronically, and all eligible administrative procedures are provided online.

This strong digital adoption has improved state management efficiency, facilitated business operations, and enhanced the province’s investment competitiveness.

However, the management board also acknowledged several remaining challenges, including incomplete infrastructure in some IPs, shortages of land-filling materials, delays in certain projects, and difficulties in labour recruitment.

Looking ahead, the province will continue prioritising high-tech, supporting industry, and environmentally friendly projects, while pushing administrative reforms, upgrading infrastructure, improving investment support, and accelerating key projects.

With these results in the first half of 2026, Ninh Binh’s EZs and IPs have continued to affirm their position as a major industrial production hub in the region, an attractive destination for domestic and foreign investors, and a key driver of economic growth, job creation, and improved living standards, thus contributing to the province’s goal of rapid and sustainable development in the new period./.