Bac Kan is naturally endowed with numerous potentials for socio-economic development, including rich forest resources, forested land, abundant minerals, and the Ba Be National Park, home to Ba Be Lake – one of the 20 largest freshwater lakes in the world. The province of Bac Kan has the potential for industrial development based on the exploitation of agricultural and forest products, leveraging its advantage in forestry. Bac Kan also holds potential in the extraction and processing of minerals and construction materials. Within the province, there are 165 mines and ore points, with significant reserves of various minerals.