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Bac Ninh accelerates enterprise growth with targeted business support initiatives

The northern province of Bac Ninh is intensifying efforts to bolster private sector development, having registered over 54,000 enterprises as of mid-2026. The push reflects a strategic focus on nurturing small and medium-sized businesses as engines of regional economic expansion.

LSN Vietnam · 13 October 2026

Bac Ninh accelerates enterprise growth with targeted business support initiatives

Bac Ninh province has established 30,925 new enterprises over the five-year period from 2021 to 2025, underscoring robust private sector momentum in the manufacturing and export hub. As of June 30, 2026, the province recorded 54,093 registered enterprises, with approximately 95 percent classified as small and medium-sized enterprises (SMEs), which collectively form the backbone of local economic activity.

The provincial government has rolled out comprehensive support mechanisms aimed at facilitating business registration, compliance, and operational efficiency. These initiatives include promotion of cashless transaction systems tailored to the digital economy, designed to streamline commerce and enhance financial transparency across the business ecosystem.

Bac Ninh has also introduced the iBacninh application, a data-driven governance platform enabling real-time monitoring of economic metrics and evidence-based policymaking. The platform represents the province's commitment to leveraging digital technology for improved administrative responsiveness to enterprise needs.

Maintaining its position as Vietnam's leading province in import-export volume, Bac Ninh continues to attract foreign direct investment while strengthening domestic entrepreneurship. Officials attribute the sustained growth trajectory to coordinated support policies that reduce business barriers and create a competitive operating environment for enterprises of all sizes.