Bac Kan is actively implementing a range of solution to advance a green circular economy and achieve sustainable growth. It aims to become a leading, relatively developed province in the Northern Midland and Mountainous Area by 2030, characterized by a dynamic green economy. With a vision for 2050, Bac Kan aspires to be recognized as one of the most livable places in the country.
The Bac Kan Provincial Planning for the 2021 - 2030 period, with a vision to 2050, emphasizes “industrial development is driven by production restructuring and powered by sectoral transformation and the increased share of high-tech technical sectors to contribute greatly to the budget and environmental protection.”
Bac Kan province has great tourism potential with its diverse landscapes, historical sites, unique ethnic cultures, and distinctive cuisine.
Overcoming all difficulties in the way, especially volatile consumption and export markets, in 2024, Govina Investment Joint Stock Company has steadfastly reinforced its market position, actively sought its own way, boldly invested in expanding production, and diversified product development to meet market demands.
Agriculture is defined as a driving force to boost Bac Kan economy. The province effectively unlocks its potential advantages of land, climate, water and biodiversity; develops commercial agriculture; and focuses on investing in locally strong agricultural products to meet market demands and current standards.
Understanding the needs of investors, Bac Kan Industrial Parks Management Board is carrying out many practical tasks and solutions, with focus on supporting businesses, completing infrastructure and actively attracting investment, to achieve its targets assigned by the Provincial People's Committee.
Bac Kan province’s scientific and technological efforts have closely aligned with local economic and political priorities, effectively addressing urgent issues.
Despite having fewer comparative advantages in transportation connectivity, a fragmented terrain, and limited land available for urban development and large-scale industrial parks, Bac Kan has become an attractive destination for investors in recent years.
Currently, Bac Kan province has six industrial zones with a total area of 218.4 ha, including three invested by the government and three invested by companies.
Along with partner-targeted investment promotion and attraction, Bac Kan province has also stepped up “localized investment promotion” - an approach under which the province effectively supports ongoing projects in the province to clear restrictions in the business environment.
Vietnamese
October 2024
Hanoi