Secretary of Provincial Party Committee works with KBIZ delegation

Speaking at the meeting, Tuan informed the delegation about the province's economic development potential. Ninh Binh is maintaining an impressive economic growth rate. Its GRDP growthin 2025 reached 10.65%, ranking among the leading provinces nationwide, with an economic scale of approximately 13 billion USD, along with impressive results in budget revenue, import-export, and public investment disbursement…

In particular, in the first quarter of 2026, the province is expected to continue its high growth momentum, creating a solid foundation to realise double-digit growth targets in the near future.

In addition, Ninh Binh province possesses many strategic advantagessuch as favorable geographical location within the key economic region of Northern Vietnam, improving transportinfrastructure, abundant human resources, and transparent and open investment environment.

Simultaneously, with the Trang An World Cultural and Natural Heritage Site and the historical value of the ancient capital of Hoa Lu, the province has many conditions for developing tourism and a green economy. In 2025, Ninh Binh welcomed approximately 19.4 million visitors, including 2.2 million international tourists. Tourism revenue reached approximately 800 million USD.

Along with that, Ninh Binh is also affirming its attractiveness in attracting investment. In 2025, the province granted licenses for 293 new projects and adjusted 508 projects. As many as 4,914 new businesses were established with a total registered capital of approximately 4.4-4.5 billion USD. These figures demonstrate the growing confidence of the business community in the province's investment environment.

Emphasising the direction of investment attraction, Tuan affirmed that the province is steadfast in its view of attracting selective investment. Priority will be given to large-scale, high-tech, environmentally friendly projects with high added value and the potential for spillover effects, and deep participation in global value chains, he said.

The provincial leader requested the KBIZ to continue acting as a bridge, introducing member businesses to explore investment opportunities in Ninh Binh. Ninh Binh province is committed to fully and flexibly applying preferential policies as stipulated by the Vietnamese Government regarding taxes, land, and import/export; while also strongly implementing administrative reforms to significantly shorten the processing time for businesses. The province will also provide comprehensive support, from site surveys and land clearance to infrastructure provision, training, and labor recruitment, he added.

In an open and trusting atmosphere, both sides also exchanged and agreed on several cooperation directions for the future, such as technology transfer, application of high technology in agriculture, and development of supporting industries, enhancing investment promotion activities, connecting trade, and sharing experiences in developing small and medium-sized enterprises (SMEs).

For his part, Kim expressed his sincere gratitude for the warm welcome from the leader of Ninh Binh and highly appreciated the province's development results, potential, advantages, and investment environment.

He also affirmed that Vietnam is an important trading partner of the Republic of Korea. In the future, the KBIZ hopes that Ninh Binh province will continue to pay attention to and support Korean businesses in the process of exploring and implementing investment in Ninh Binh./.