Foreign direct investment (FDI) flowing into the southern province of Binh Duong neared 1.8 billion USD in the first four months of this year, four times higher than in 2021.
Binh Duong (VNA) - Foreign direct investment (FDI) flowinginto the southern province of Binh Duong neared 1.8 billion USD in the firstfour months of this year, four times higher than in 2021.
Local industrial parks attracted more than 9.2 trillion VND (400.55million USD) in domestic investment, an annual increase of more than fivetimes.
To date, Binh Duong's industrial parks are home to 3,014 valid projects. Of thetotal, there are 2,340 FDI projects worth nearly 28 billion USD, channeledmainly in the production sector.
Among the investors, Nitto Denko Vietnam Co., Ltd., whichspecialises in manufacturing electronic components, has increased its capitalby 99 million USD to produce and process integrated circuit products this year.
Meanwhile, Accasette Garment Company Limited in SongThan 3 industrial park raised its capital by 14 million USD to promoteproduction and export of fashion and sports clothing.
According to Nguyen Thanh Nhan, Deputy Head of the Binh DuongIndustrial Zones Authority, the results showed that after the COVID-19 pandemic, business and production activities have returned to normal, creating favorable conditions for domestic and foreignenterprises to confidently pour capital into goods production and exports./.
The Canadian province of British Columbia opened a Forestry Innovation Investment (FII) office in Vietnam’s southern province of Binh Duong on April 20.
Vice Chairman of the People’s Committee of Binh Duong southern province Nguyen Van Danh on April 26 presided over a virtual webinar which aims to promote investment from France.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative photo (Source: VNA) 
