The southern province of Binh has attracted more than 3,430 FDI projects with a combined registered capital of over 31.4 billion USD Duong by the end of September 2018, ranking among the top three in the country in FDI attraction, after Ho Chi Minh City and Hanoi.
Inside an FDI firm in Binh Duong province (Photo: baodautu.vn)
Binh Duong (VNA) - The southernprovince of Binh Duong has attracted more than 3,430 FDI projects with acombined registered capital of over 31.4 billion USD by the end ofSeptember 2018, ranking among the top three in the country in FDI attraction,after Ho Chi Minh City and Hanoi.
Nguyen Thanh Truc, Director of the Binh DuongDepartment of Planning and Investment, said that more foreign companies havebeen investing in the province and looking for Vietnamese business partners.
The province’s road infrastructure and its 29industrial parks have also developed strongly in recent years.
Last year, FDI companies contributed 48.5 percentto the province’s investments and over 82.8 percent of its exports, accordingto Truc.
Binh Duong is the newest member of the WorldTechnopolis Association which helps members apply advanced technologies inregional development.
Tran Thanh Liem, Chairman of the provincialPeople’s Committee, said that membership in the association would help BinhDuong improve its technology capability and become a smart city.
Nguyen Van Hung, chairman of the board of directorsof Becamex IDC Corp - a Binh Duong-based conglomerate - said the province’sreputation as an attractive area for investment has lured many multinationals.
For instance, the industrial parks of ajoint-venture between Singapore-based Sembcorp Development (which specialisesin urban development) and Becamex IDC have attracted over 9 billion USD from630 businesses in 60 countries and territories.-VNA
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The southern province of Binh Duong celebrated the 20th anniversary of the World Technopolis Association (WTA) with a conference themed “Smart City as an Innovation Engine for Sustainable Growth” on October 11.
The 15th edition of the World Technopolis Association (WTA) Hi-tech Fair opened in the southern province of Binh Duong on October 11, as part of activities to mark the 20th anniversary of the WTA.
The southern province of Binh Duong is determined to build a smart and eco-friendly city before 2021, said Chairman of the provincial People’s Committee Tran Thanh Liem.
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Inside an FDI firm in Binh Duong province 
