1:46:06 PM | 4/28/2026
In Bac Ninh’s industrial development, Thuan Thanh III Industrial Park – Sub-zone B stands out as a clear example of a “do while resolving issues” approach, actively adapting to major changes in planning and institutions. Behind the growth figures and investment attraction results is a long and steady effort by enterprises, authorities, and investors to address systemic bottlenecks.
From restart to acceleration
Trung Quy-Bac Ninh Investment Joint Stock Company was reactivated in 2018, and the early stage of Thuan Thanh III Industrial Park – Sub-zone B faced many difficulties due to a series of legacy issues. It was not until 2022 that the project was officially granted a construction permit, marking an important milestone that opened a period of acceleration.
Aerial view of Thuan Thanh III Industrial Park – Sub-zone B infrastructure, a strategic destination for investors
In just over two years (2022–2024), the company worked closely with local authorities to achieve notable results: land clearance and allocation reached 259 ha out of a total 300.04 ha; basic technical infrastructure was largely completed, including roads, land leveling, water supply and drainage, power systems, and environmental treatment; and 43 investors were attracted, with total registered capital reaching VND10,455 billion (approximately US$420 million).
These figures reflect not only the company’s implementation capacity but also the attractiveness of Bac Ninh’s investment environment, where the spirit of Resolution No. 50-NQ/TW of the Politburo on improving institutions and enhancing the efficiency of foreign investment attraction to 2030 has been consistently applied.
At a time when the project was gaining momentum, a major change emerged: the planning of a key expressway connecting Gia Binh Airport with Hanoi, a national infrastructure project with a cross-section of up to 120 meters, cutting through the industrial park. The impact went beyond land acquisition, creating a broad change in the project structure. After several route adjustments, around 16 investors were directly affected; some completed factories were forced to temporarily suspend operations. A typical case involved a major investor that had finished nearly 20 ha of factory and technical infrastructure but was required to shut down pending adjustments. This was not only a financial burden but also created significant psychological pressure for FDI investors, who typically require fast progress and high stability.
Aerial view of Thuan Thanh III Industrial Park – Sub-zone B infrastructure, a strategic destination for investors
A representative of Trung Quy-Bac Ninh Investment JSC said: “The biggest difficulty is not changing the planning, but minimizing the impact on investors who have trusted and chosen us.”
Authorities working alongside investors
The new planning divided the internal infrastructure system and required restructuring. Internal roads, stormwater drainage, wastewater collection and treatment systems, water supply, and fire prevention systems all had to be redesigned to reconnect the separated areas and ensure synchronization.
However, challenges also created new positive outcomes. Through close coordination between the enterprise and authorities, the airport road was designed with an integrated underpass and two overpasses. This solution not only maintained internal connectivity but also used national infrastructure to improve the industrial park’s transport capacity.
Alongside planning issues, another difficulty arose from changes in administrative boundaries, which disrupted procedures for determining land origin. As a result, land clearance was delayed for several months. This situation highlights the urgent need to effectively implement Resolution No. 18-NQ/TW on streamlining administrative structures toward greater efficiency, ensuring continuity in state management during boundary adjustments.
In this context, Trung Quy-Bac Ninh Investment JSC proactively implemented risk-sharing solutions: developing compensation and support plans, reallocating land funds, prioritizing new land for affected investors, and adjusting schedules along with legal procedures. This approach is consistent with Resolution No. 02/NQ-CP on improving the business environment and national competitiveness, which stresses the role of authorities and enterprises in accompanying investors. A survey delegation official commented: “These solutions cannot fully compensate for losses, but they have largely eased investor sentiment, a key factor in retaining capital.”
Notably, Bac Ninh province and local authorities acted decisively, clearly demonstrating the spirit of “government accompanying enterprises” through direct and regular engagement with the company, timely planning adjustments, land reallocation, and procedural support. At the grassroots level, Thuan Thanh and Tri Qua wards have actively coordinated to resolve land and administrative issues, ensuring overall project progress.
Building on the results achieved, Trung Quy-Bac Ninh Investment JSC aims to complete the remaining land clearance, finalize adjusted infrastructure systems, and hand over land to waiting investors. The entire nearly 330 ha area, following the adjusted 1/2000 zoning plan of Thuan Thanh III Industrial Park – Sub-zone B, is expected to be completed before 2030. This is not only the company’s target but also a concrete step toward developing modern, sustainable, and integrated industrial parks in line with central and local resolutions.
Thuan Thanh III Industrial Park – Sub-zone B is a typical case of development in a new context: industrial projects facing not only internal challenges but also impacts from national-level infrastructure planning. However, within these changes, adaptability, partnership, and a constructive mindset have been clearly demonstrated by both enterprises and authorities.
“We view difficulties as temporary, while commitment to investors and a long-term sustainable development orientation remain,” said a representative of Trung Quy-Bac Ninh Investment JSC. This spirit is helping build a solid foundation for Thuan Thanh III Industrial Park – Sub-zone B to overcome challenges and emerge as a new highlight on Bac Ninh and Vietnam’s industrial map.
By Vietnam Business Forum
Vietnamese
