This is an impressive achievement, especially as the global economy continues to grapple with unpredictable fluctuations. The breakthrough not only provides strong momentum for the province’s goal of achieving double-digit economic growth, but also reinforces Ninh Binh’s position on the national economic map.
A key driver of this growth is the robust expansion of electronic products, textiles and garments, footwear, and electrical equipment. Economic and industrial zones remain the province’s backbone, accounting for more than 63% of total export value.
Major enterprises such as QMH Computer, MCNEC Vina, Gemtek Vietnam, ACE ANTENNA, Neweb Vietnam, Wistron Infocomm Vietnam, and SET Vietnam have all maintained double-digit growth, underscoring the strong rise of the high-tech manufacturing sector in the locality.
The textile, garment, and footwear sectors have also posted a notable recovery, backed by abundant orders from early in the year. This has enabled businesses to be more proactive in production planning and labor recruitment. To meet delivery schedules in the peak months at year’s end, many firms have increased overtime and adopted flexible working hours. These efforts have helped sustain supply chains and ensure stable export revenues.
Meanwhile, the production and export of electrical equipment for automobiles and motorcycles show a clear upward trend. However, the clinker and cement industries continue to face challenges due to weak domestic demand, scarce input materials, higher maritime transport costs, and the increase in clinker export taxes from 5% to 10%. Despite this, enterprises in the sector are striving to adjust production and explore new markets to maintain decent growth.
Amid both challenges and opportunities, Ninh Binh authorities have rolled out various support measures to sustain export momentum. The provincial Department of Industry and Trade has strengthened management efficiency and advised the provincial People’s Committee on developing an export growth plan for the 2026–2030 period. At the same time, the province is helping businesses take advantage of free trade agreements, particularly as the United States imposes reciprocal tariffs on certain Vietnamese exports.
Ninh Binh set a target of 22.75 billion USD in export value for 2025. Yet within just 11 months, the province surpassed the full-year goal, creating strong momentum for economic growth and bolstering the standing of its key export sectors.
Building on this positive growth foundation, Ninh Binh expects businesses in 2026 and beyond to further invest in technology, expand production, and better capitalize on free trade agreements to tap into markets such as the United States, South Korea, Japan, Taiwan (China), and other promising destinations.
Source: vneconomy.vn
