Binh Duong is a province with GRDP per capita in the top 5 localities, 1.7 times higher than the national average.

Binh Duong is a province with GRDP per capita in the top 5 localities, 1.7 times higher than the national average. At the same time, the economic structure has shifted very positively; the proportion of industry and services accounts for nearly 90%. With these foundations, the master plan of Binh Duong province, period 2021-2030, vision to 2050, just announced is expected to help the locality continue to promote its advantages and make breakthroughs in growth.

Any arising problem is immediately updated and handled from the IOC smart operation center system, people interact directly and get answers right on the Binh Duong Digital application. Binh Duong has always been one of the leading localities in developing innovation. With the new planning, the driving force continues to be identified as breakthroughs in science and technology, digital transformation, and innovation in all industries and fields.

Mr. Dongkun Oh – General Director of Becamex Tokyu Co., Ltd. said: “We came here because of the very clear orientation of innovation and development of this locality. And in the near future, we really want to contribute to the development of the province and make Binh Duong the most livable place in Vietnam, a place where everyone wants to visit, work and live”.

Currently, the proportion of industry accounts for the majority of the province’s economic structure, but to overcome the middle-income trap, it is necessary to reduce labor- and land-intensive industry, shift more to trade and services to aim for an average economic growth rate of about 10% per year in the 2021-2030 period.

Mr. Mai Huu Tin – Chairman of Binh Duong Province Business Federation commented: “The very good results in planning mean that we have identified a very clear and highly feasible development strategy. Binh Duong has developed very well over the past years, the next thing is how we create a better foundation, so that we can go faster and further”.

Not only Binh Duong but also a series of localities in the Southeast region have recently announced their master plans. It is worth noting that these plans aim at inter-regional connectivity, erasing local and local thinking.

Mr. Vo Van Minh – Chairman of Binh Duong Provincial People’s Committee commented: “With the existing industrial scale and the very large industrial market in the Southeast region, Binh Duong really wants to develop industrial trade and services, and really wants to contribute to the country’s development”.

Binh Duong is ready to start a new development phase with many ambitious orientations for a modern, civilized locality, a piece that closely connects and spreads development among localities in the Southeast region.