Leaders of Ninh Binh province in northern Vietnam held separate working sessions on August 21 with representatives of the Korea Federation of Small and Medium Businesses (KBIZ) and Japanese enterprises operating in the locality.

At the meetings, Secretary of the provincial Party Committee Truong Quoc Huy reaffirmed Ninh Binh’s commitment to providing the most favorable conditions for investors from the Republic of Korea (RoK) and Japan. He expressed hope that more Korean and Japanese businesses will expand operations in the province, contributing to sustainable growth and mutual prosperity.

Ninh Binh is currently home to 212 Korean-invested projects and 114 Japanese-invested projects, with registered capital of $2.7 billion and $1.46 billion, respectively.

Following the country's restructure of administrative units since July 1, 2025, with the  new Ninh Binh province established from the merger of the three fromer provinces of Ninh Binh, Nam Dinh and Ha Nam, the new nprovince has planned 53 industrial parks covering over 12,300 hectares, of which 20 are already operational.