Bac Ninh ranks second nationwide in export value
The northern province of Bac Ninh has earned US$29.85 billion from exports so far this year, ranking second nationwide in export revenue, following Ho Chi Minh City.
With that figure, Bac Ninh contributed 14.9% to the country’s total export value.
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| A production chain of Samsung in Bac Ninh province |
According to Nghiem Dinh Thuan, head of the provincial Statistics Office, Bac Ninh’s export revenue mainly came from the foreign direct investment (FDI) sector, with the most noteworthy Canon, Microsoft, Foxconn, Samsung Electronics Vietnam and Samsung Display Vietnam.
In February 2017, the Prime Minister gave a nod to an expansion project of Samsung Display Vietnam, raising the company’s accumulated investment in Vietnam to US$6.5 billion.
Bac Ninh’s export value is expected to hit US$30 billion in 2017.
