Developing high quality trade in services – the new motivation to attract investment

Update: 26-05-2020 | 11:52:44

Along with the roadmap of repositioning the brand in the international arena, the synchronous implementation of high-quality trade and service development solutions by Binh Duong will create a new motivation and strongly attract resources to contribute to local socio-economic development.

Binh Duong is focusing on attracting investment, developing high quality services. In the photo: Becamex International Hospital satisfies the needs of medical examination and treatment for people in the area. Photo: Xuan Thi

Convergence to spread

In recent years, the economy of Binh Duong has continuously exceeded the targets, especially with unexpected growth indicators such as international cooperation, investment attraction, and trade surplus. The number of enterprises in the province from 2017 have been up to now nearly 1.5 times, from nearly 30,000 to nearly 44,000. Along with industry, the field - trade in services has been making positive changes, including in services serving industry, urban areas, education and training. In the direction of sustainable development, together with attracting high technology and advanced production, at the same time focusing on economic restructuring towards promoting trade and high quality services. In particular, priority is given to services that are high in gray matter content, e-commerce, and promote investment in finance, banking, and creative technology.

Mr. Mai Hung Dung, Standing Member of the Provincial Party Committee, Standing Vice Chairman of the Provincial People's Committee, said that in 2020 the locality will continue calling for businesses to invest in the field of commerce and services; developing more types of services - entertainment such as supermarkets, buffet shops, and sports areas. The province has been actively removing difficulties and obstacles for large commercial investment projects - service implemented on schedule; strengthening trade promotion, market management, anti-smuggling, trade frauds, fake goods in order to effectively implement the policy of bringing trade and services into a key local economic sector, creating a foundation Solid foundation for attracting investment in the new period.

By promoting investment attraction in the field of trade - services not only creates a new face for the province but also an important highlight contributing to the development of the southern key economic region in the direction of public engagement of industry - urban - services. Mr. Nguyen Van Hung, Chairman of Becamex IDC, shared that in the direction of development planning, Binh Duong aims to create new added value, focus on improving the quality of human resources, supplementing the senior service program, boosting the supply chain, logistics, infrastructure, diverse transport development. In the immediate future, it will accelerate the connection of roads, arterial routes, seaports, international airports etc. from there spreading in the region and the surrounding area.

Develop satellite cities

According to Dr. Nguyen Viet Long, Director of Binh Duong Smart City Office, increasing the proportion of trade in services in the new period is a prerequisite for fast and sustainable development, thereby promoting the strength to support. More developed industry. Currently, the three cities directly under the province are Thu Dau Mot City, Da An City, and Tan An City. Regarding the breakthrough in services, urban areas, e-commerce and financial investment in technology, the three cities of Thu Dau Mot City, Da An City, and Thuan An City are the basis for urban-oriented planning. smart marketing. In which the new city will continue its nuclear role, the World Trade Center of Binh Duong New City is being formed to be a bright spot.

In 2019, the World Trade Center of Binh Duong New City (WTC BDNC) is officially recognized by the WTC organization. This project is a symbol, adding value to the region, helping Binh Duong become a center of global trade integration services, attracting partners, investors, intellectual human resources, creating conditions for formation. international trade ecosystem, regional trade connection ... Especially, WTC BDNC will be an important driving force to create momentum for Binh Duong to develop e-commerce, an increasingly explosive trend after the Covid-19 epidemic.

To fully implement this policy, the city authorities have made great efforts to position and renew the power to meet the requirements of sustainable development. Entering 2020, localities set goals to promote economic restructuring towards improving the density, quality and service efficiency. Along with that, the locality focused on promoting administrative reform, attracting investment, improving goods production capacity, efficiency and competitiveness. Especially, with 2 newly established cities in 2020, this is a great opportunity to break through.

Mr. Le Thanh Tai, Chairman of the People's Committee of Danang City, affirmed that the city is making efforts to implement the City's breakthrough programs for the period of 2016-2020, with a vision to 2030 on urban development. In particular, attaching importance to developing trade - high quality services associated with industrial and urban development, improving the quality of human resources ... Currently, Da An City is focusing on urban planning. basically, the adjustment of the general urban planning of Di An has been completed by 2040. This will be an important preparation step in the journey to come.

Mr. Nguyen Thanh Tam, Chairman of People's Committee of Thuan An City, also showed great determination in the direction of pushing the economic restructuring on the achieved basis. Accordingly, the city will continue to have the economic restructuring oriented, promoting investment in infrastructure construction, creating favorable conditions for the development of all socio-economic aspects, saving trade goods, improve people's lives. In order for Thuan An City to develop into an industrial-service-agriculture-tourist urban center, a road and a waterway traffic hub of the southern region, a trade-financial center, High-class regional services, the city government continues to implement solutions to boost production and business and promote economic growth, and at the same time concentrate resources, especially investment in infrastructure development and environmental protection.

Reported by Tieu My – Translated by Vi Bao

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Developing high quality trade in services – the new motivation to attract investment

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