Bac Giang is an important piece of the economic picture of the Northeast region of the Capital, playing a role in connecting Hanoi, Hai Phong with the Lang Son border, the Red River Delta hub of the region with the Northeast provinces. In particular, Bac Giang City is planned to become a type I urban area by 2030, which will create many socio-economic resonances for the locality, including real estate.
Bac Giang real estate "takes off" thanks to planning of the Northeast region of the capital
Bac Giang is an important piece of the economic picture of the Northeast region of the Capital, playing a role in connecting Hanoi, Hai Phong with the Lang Son border, the Red River Delta hub of the region with the Northeast provinces. In particular, Bac Giang City is planned to become a type I urban area by 2030, which will create many socio-economic resonances for the locality, including real estate.
Bac Giang's resilience from planning
The Bac Giang Provincial Party Committee has just issued a Plan on the implementation of planning, construction, management and sustainable development of Vietnamese urban areas until 2030, with a vision to 2045. Accordingly, Bac Giang is identified as the central urban area in the Northeast of the Hanoi Capital Region, the gateway for import and export, and transit of goods between Hanoi and the Red River Delta provinces with Huu Nghi international border gate (Lang Son); an important business and trade hub of the region with the midland and mountainous provinces in the North.
According to the draft planning, Bac Giang urban area becomes a type I urban area (city directly under the province), the administrative - political - economic, cultural - social and scientific and technical center of Bac Giang province.
Bac Giang has many conditions for urban development in the future, including being located on the 110km Hanoi - Lang Son expressway. This is a vital route that helps transport goods from industrial parks in Bac Giang to the provinces of the Red River Delta as well as import and export agricultural products to China through Huu Nghi border gate.
In the coming time, the Huu Nghi - Chi Lang (Lang Son) border gate expressway section with a total investment of 11,024 billion VND will be deployed and completed in 2026. When completed, the entire Hanoi - Huu Nghi expressway will be connected, promoting trade. Bac Giang will also benefit from this route.
In addition, some routes in Bac Giang have been completed and put into use, such as the section connecting the Cau River overpass (Xuan Cam bridge, Hiep Hoa district, Bac Giang province) to the Bac Phu intersection of the new National Highway 3 Hanoi - Thai Nguyen, completing Ring Road 4 through the province. The section of Ring Road 5 connecting to the Hanoi - Thai Nguyen expressway is also being completed.
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| Bac Giang's strategic location is an important point in attracting domestic and foreign investment capital. |
Thanks to its strategic location in the Northeast region, Bac Giang has become the leading locality in the Northern Midlands and Mountains region in attracting FDI capital and ranked 11th in the country. As of December 31, 2024, the entire Bac Giang province has attracted over 2.23 billion USD in converted investment capital. The quality of newly attracted projects has been increasingly improved, with many projects of quite large scale. The above figures reflect the confidence of domestic and foreign investors in the province's promising investment environment, making Bac Giang rank 4th in the country in terms of provincial competitiveness index, after Quang Ninh, Long An and Hai Phong City.
Real estate development potential in Bac Giang
Along with the development of industrial zones in Bac Giang, there will be a great demand for housing for experts and senior personnel. Currently, there are about 10 thousand foreign experts working in the province. This is the condition for real estate investors to develop high-end projects and complete urban areas. These real estate products not only create new supply, meet the development needs of the province but also contribute to changing the local appearance.
Another strength of the province is that there is still a lot of room for real estate development. The price level of Bac Giang is lower than that of neighboring localities such as Hanoi and Bac Ninh. This is the premise to attract many large enterprises to invest in development.
One of the investors developing real estate in Bac Giang is BV Land - a professional project development unit with a lot of experience in implementing projects in the market. This is the name behind a series of high-end projects such as Rivera Park Hanoi; Bach Viet Lake Garden urban area, BV Diamond Hill high-end apartment complex - Bac Giang; Bavella Lac Ngan urban area - Phu Tho...
BV Land is developing a modern urban area in Bac Giang with a scale of 12.5 hectares and a collection of 68 most massive utilities. The project is located in Dinh Ke ward, Bac Giang city, possessing a prime location right at the northeastern gateway of the city - an area oriented to develop into a complex urban area and a new multi-functional center.
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| The project developed by BV Land at the Northeast gateway of Bac Giang is a bright spot for investment in the first half of 2025. |
The project promises to create a pioneering position, opening up investment opportunities, and taking the lead in urban development planning. A trendy, classy urban area will be present and bring different values to Bac Giang city in particular and Bac Giang province in general.
Source: https://baodautu.vn/batdongsan/bat-dong-san-bac-giang-cat-canh-nho-quy-hoach-vung-dong-bac-thu-do-d245089.html
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