According to vietnam.vn, Bac Ninh provincial leaders visited domestic suppliers in the Hap Linh Industrial Cluster on August 20 to address bottlenecks hindering deeper integration into global supply chains.
On-site Engagement with Key Vendors
Nguyễn Hồng Thái, Member of the Central Committee of the Communist Party of Vietnam and Secretary of the Bac Ninh Provincial Party Committee, led a working delegation to SMP Holdings, a Tier-1 assembler for Samsung and auxiliary supplier to over 80 foreign-invested enterprises (FDIs), including major global corporations. The company operates two factories with a total investment of $50 million, employs approximately 4,000 workers, and forecasts $42 million in revenue this year.
The delegation also held discussions with IL SUNG TECH, Namu Vietnam Joint Stock Company, and Vin International Limited Liability Company, all located in the same industrial cluster. At the meeting, businesses urged the province to strengthen its role as a bridge between local firms and FDIs, support the introduction of qualified vendors, expedite certification processes for science-and-technology enterprises and supporting industry enterprises, and shorten project licensing timelines.
Enterprises further requested preferential policies for domestic companies participating in value chains and improved access to skilled labor. Provincial departments responded directly on science-and-technology enterprise support policies, tax implementation, and related regulatory matters.
Strategic Goals and Infrastructure Support
SMP Holdings aims to achieve $330 million in annual revenue and employ 30,000 workers by 2030, while deepening its participation in global supply networks. To accelerate this, Nguyễn Hồng Thái emphasized expanding Vietnamese enterprises’ involvement in supply chains and strengthening domestic-FDI collaboration in vocational training, labor supply, and human resource development.
He also instructed functional agencies to proactively disseminate policy information to businesses to ensure consistent implementation. Concurrently, Bac Ninh is expanding capacity for high-tech investment. According to the Bac Ninh Department of Science and Technology, the province has attracted 33 semiconductor-related projects, including materials and equipment/auxiliary component manufacturing, with registered capital exceeding $2.742 billion.
These include Amkor Technology ($1.6 billion), Hana Micron Vina ($669 million), and Micro Commercial Components ($115 million). Bac Ninh hosts around 1,282 electronics enterprises, employing 481,948 workers, forming a foundational ecosystem for semiconductor industrial expansion.
Administrative Innovation for High-Tech Projects
The province has implemented the “24-Hour Green Channel” and “60% Green Channel” mechanisms to reduce administrative processing time for priority, high-tech, and semiconductor projects. Of Bac Ninh’s 39 approved industrial parks, 23 are operational, with integrated infrastructure—including transportation, electricity, water, and drainage—fully developed.
Source: vietnam.vn
Compiled from international media by the SCI.AI editorial team.
