BAC NINH – Despite the weakening global trade context, taking advantage of the opportunity of the US’s reciprocal tax policy not being applied, businesses in the province optimize resources to “overcome the tariff storm” to promote export growth. Export turnover in September reached 8.46 billion USD, up 22.7% over the same period last year. With this result, Bac Ninh surpassed Ho Chi Minh City (reaching 7.6 billion USD) and set a new record of 3 consecutive months holding the leading position in exports nationwide.
Taking advantage of opportunities from tax policies, along with open investment policies and promoting the strengths of the “Northern Modern Industrial Capital”, Bac Ninh province has demonstrated stability and strong breakthroughs in industrial development. Therefore, although the market still has many difficulties and fluctuations, market diversification, technological innovation and continuous updating of consumption trends have created momentum for export growth in 2025 of Bac Ninh – Chairman of the Provincial People’s Committee Vuong Quoc Tuan affirmed.
Bac Ninh has focused on developing industrial parks and clusters in a green and sustainable direction; at the same time, supporting businesses in logistics, import and export activities, diversifying markets, and creating a favorable environment for production and business. Bac Ninh’s role as a center for production and export of high-tech industrial products continues to be affirmed. Total import and export value in September is estimated at 17.1 billion USD. Of which, export turnover is estimated at 8.46 billion USD, up 22.7% over the same period last year; September import is estimated at 8.6 billion USD, up 46.2%. Thus, for three consecutive months after implementing the two-level local government model, Bac Ninh has led the country in exports (previously in July it reached 7.9 billion USD; in August it reached 8.7 billion USD).
In the first 9 months of 2025, the total import and export turnover of goods is estimated at 129.3 billion USD. Of which, export value is estimated at 65.7 billion USD, up 26.4%; import value is estimated at 63.5 billion USD, up 36.5%. Trade balance of goods surplus 2.2 billion USD. Up to now, Bac Ninh ranks second in the country in terms of export turnover, after Ho Chi Minh City.
Export value increased thanks to key product groups such as computers, electronic products, phones of all kinds and components. Taking advantage of new opportunities in tariffs, large corporations such as Samsung, Canon, Foxconn, Goertek… continued to maintain growth momentum from July and August, thus maintaining their leading role in exporting high-tech products of Bac Ninh. Mr. Kim Tea Hoon, Deputy General Director in charge of Purchasing Center (Samsung Vietnam) said: After 17 years of officially making large investments in Vietnam, Samsung Group, with the first mobile phone factory located in Yen Phong Industrial Park (Bac Ninh), initially registered capital was 670 million USD, now increased to more than 11 billion USD. Samsung Vietnam’s phone output has now reached 2 billion units, accounting for 50% of total global output. In the first 9 months of 2025, export revenue of factories in Bac Ninh reached nearly 20 billion USD. To meet the increasing orders, Samsung promotes cooperation and association with domestic enterprises, expanding opportunities to participate in the supply chain for Vietnamese enterprises. At the same time, focus on implementing activities to improve production capacity and product quality; build training programs for experts in the field of molds to continue efforts to contribute to the common development of the parties.
After South Korea, China is the second largest investor in Bac Ninh. Bac Ninh’s export turnover to China in the past 9 months reached about 3 billion USD, mainly fresh/processed agricultural products (lychee, longan…) and electronic components and electronic products. Mr. Xu Gang, General Director of Yethan Vietnam Energy Technology Co., Ltd. (Thuan Thanh II Industrial Park) shared: Yethan specializes in manufacturing generators and exporting to the US market. To meet orders for partners, in 2025, the Company will invest in expanding a second factory in Bac Ninh, aiming to achieve an output of 500,000 products/year. Yethan continues to maintain complete supply chain operations in Bac Ninh.
Mr. Shigeyuki Okamoto, General Director of Canon Vietnam Co., Ltd., highly appreciated the support of Bac Ninh provincial government in resolving issues related to administrative procedures and supporting businesses very quickly. Applying the digital customs model helps the Company’s orders to be exported faster, meeting the partners’ progress.
Along with industry, Bac Ninh’s agricultural exports have many positive prospects. The whole province has 1,375 agricultural cooperatives, of which 8% of cooperatives have import-export activities through unofficial channels, 30% of cooperatives are input suppliers for import-export enterprises. Typically, lychee export output this year reached a record 78.2 thousand tons. This success is a valuable lesson in shifting to deep processing, branding and meeting green standards. However, exports still depend heavily on the foreign-invested sector and the electronics and computer groups, posing a risk of “processing trap” when domestic added value is still low.
According to Mr. Nguyen Dinh Hieu, Director of the Department of Finance: The export results affirm the synchronous efforts of all levels, sectors, localities, and the business community under the close direction of the Government and the province, thereby making a great contribution to economic growth. However, statistics show that Bac Ninh’s import value has also increased gradually over the months. Specifically, import value increased by 34.35% in August, and continued to increase by 36.5% in September. The import picture shows the vitality of production, but is also a “test” for the self-reliance strategy when the economy still depends heavily on imported raw materials and components. Bac Ninh’s export value target by 2025 is 81.5 billion USD. This is a rather heavy task, requiring high determination from the entire political system, businesses and industry associations.
Therefore, to achieve this goal, it is necessary to determine that administrative reform and improvement of the business environment continue to be placed at the center of economic management. Building and strengthening relationships with foreign partners and international organizations to create opportunities for development cooperation through free trade agreements (FTAs) and new export markets. Create conditions for businesses to be proactive in production and export, participating more deeply in the global supply chain. Strengthen trade promotion cooperation in all forms (online, direct), especially connecting domestic enterprises with foreign import-export enterprises to improve import-export capacity and diversify raw material supply sources and export markets, reducing dependence on a few markets. Continue implementing solutions to restructure the economy on the basis of the rule of law and modern market, promote production and export, and create growth momentum in the coming period.
