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Q1 2026 update

Strong Economic Growth in Ninh Binh and Nam Dinh Strengthens Environment for Investing in Manufacturing

Ninh Binh and Nam Dinh are cementing their roles as top manufacturing hubs in the Red River Delta, driven by strong industrial production growth and improved infrastructure, making them increasingly attractive to global investors like Santa Clara and Charming Group.

38%
Contribution from the Red River Delta
11.63%
Growth for Ninh Binh's GRDP
Santa Clara Secretary Administration

Mary Ha

Strong Economic Growth in Ninh Binh and Nam Dinh Strengthens Environment for Investing in Manufacturing

The Red River Delta continued to affirm its position as one of Vietnam’s leading economic regions in recent years. From the 2021 to 2025 period, the region contributed more than 38% of Vietnam’s economic growth and maintained its leading role in export value.

As the two major provinces within the region, Ninh Binh and Nam Dinh have recorded impressive economic performance. In the first quarter of 2026, Ninh Binh’s gross regional domestic product (GRDP) increased by 11.63% compared to the same period of the previous year, ranking second nationwide and first within the Red River Delta region.

One of the key drivers behind this growth had been the strong performance of the manufacturing and processing industries. Industrial production indices in the province increased by nearly 30% in the first quarter and by more than 36% during the first two months of 2026, reflecting the trend of expanding production capacity and growing investment by enterprises operating in the region.

Meanwhile, Nam Dinh has continued to promote administrative reforms and attract investment into industrial zones. The local government has focused on improving competitiveness, upgrading infrastructure and creating a favorable business environment to meet the needs of both domestic and international enterprises.

Benefiting from convenient geographical access to Hanoi, Hai Phong, and other northern provinces, industrial parks in Ninh Binh and Nam Dinh are becoming increasingly attractive destinations for global manufacturers.

For Santa Clara and Charming Group, the continued development of the local economic environment not only facilitates manufacturing activities but also improves logistics efficiency, optimizes operational costs and reinforces the company’s position within the global supply chain.

As Vietnam deepens its integration into the global economy, the economic dynamism of Ninh Binh and Nam Dinh will continue to create favorable conditions for long-term industrial investment and sustainable growth.

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