Be dynamic, creative, groundbreaking

Binh Duong today has a dynamic economy, people’s living standards are heightened, the room for development is more and more open. These achievements are marked by the wisdom, creative bravery, breakthrough, and drastic and effective implementation of the Provincial Party and government from the early days of construction and throughout each development stage of Binh Duong. This is also the desire for renovation, rise up for the sake of a more high-quality, wealthier and happier life for every provincial citizen.

Awakening potential

To attain impressive achievements in the past 25 years, the Provincial Party and government have proved their leading role throughout the periods. The Provincial Party Executive Committee over the periods focused on leading, directing, mobilizing investment resources, implementing many correct decisions, laying a solid foundation for the development of the province.

Ho Minh Phuong, former Chairman of the Provincial People's Committee recalled, one of the advantages and the motivation for Binh Duong to develop at that time was the flat, large land, with a favorable position that was "thirsty" for industry, "thirsty" for investment ... Provincial leaders at that time said that compared with other localities, Binh Duong’s potential was great. The province determined to do and take responsibility, for the common growth. Firstly, Binh Duong focused on developing a synchronous transport system, upgrading and expanding National Highway 13, building infrastructure for industrial parks tied to urbanization, creating a driving force for socio-economic development.

Following the advocacy of inviting, attracting investments and talents", after the re-establishment of Binh Duong province in 1997, the provincial leaders recognized and acted in a consistent way to develop industrialization combined with effective exploitation of potential, advantages in terms of geographical location, natural resources and human resource. In particular, the Provincial Party and government built up solutions to attract investment.

"Besides the improvements, the flexibility in inviting investors, Binh Duong has some advantages compared to other provinces and cities in the region, as well as the whole country. Especially, the very open and transparent mechanism has created plus points in the eyes of investors. In my opinion, the most important thing for domestic and foreign investors is that before coming to the province they often learn about how the authorities treat businesses...", Ho Minh Phuong affirmed.

Spectacular development

The construction of VSIP 3 was started on the occasion of Binh Duong's joyful 25th anniversary of construction and development. This is the 11th VSIP in the country and the 3rd VSIP in Binh Duong. Speaking of VSIP, the eyes of any Binh Duong people are always sparkling with pride. This is also the result of binh Duong's new way of doing things and thinking. VSIP 3 is not only a project marking a new development step, but also contributes to a significant change in the more sustainable development of the province.

Over the past quarter of a century, looking back on the proud socio-economic achievements, the size Binh Duong's economy has grown strongly, the competitiveness has improved significantly, the continuous growth momentum in many years has paved the way for the province to further innovate, integrate, industrialize, modernize, develop quickly and sustainably in the following years. The socio-economic infrastructure system is invested effectively; The investment environment continues to be improved; The trust of business communities and society in Binh Duong has increased... stimulating growth, creating new momentum.

Binh Duong with bold and appropriate decisions succeeds in building and developing concentrated industrial parks. In photo: VSIP 1, Binh Duong's model industrial park brand is spreading throughout the country.

Binh Duong currently holds many top positions of Vietnam. Binh Duong is ranked second in FDI attraction, its domestic revenue ranked third in the country, is one of the five provinces and cities with the highest contribution to the Central budget, is the locality always has the highest export rate in the country, is the first province having no longer poor households according to criteria of the whole country, is the locality with the highest per capita income in the country, is ranked fourth out of 63 provinces and cities in the ranking of provincial competitiveness index (PCI)... And above all, in Binh Duong, indigenous people or migrant workers have the same opportunity to enjoy the fruits of this development.

The achievement of Binh Duong today is also the recognition, appreciation, cooperation and trust of investors, businesses and international partners. Currently, the province is attracting investment capital from 65 countries and territories. Large projects worth billions of dollars are increasingly pouring into the province. This is an encouraging result for the province's continuous efforts in proactively and creatively inviting and receiving investment.

To realize the desire of reaching up

Over the past 1/4 century, thanks to catching the development and integration trend of the country to soon shape a direction and its own way of doing things, Binh Duong has made breakthrough changes in many aspects. Binh Duong has become one of the localities having the strongest industry in the country, is the land where gathers many the world's leading corporations, actively integrates into the global value chain, consolidates the new role and position as an innovative, dynamic and creative Binh Duong; create new strengths and forces for the development of the province in particular, the Southern Key Economic Region and the whole country in general.

Dr. Mai Huu Tin, a businessman born in Binh Duong, recalled: "The time after the province’s reestablishment, I had a chance to listen to provincial leaders talking about their concerns, which was to find ways to develop the province, improve the lives of people. Ho Minh Phuong stayed up almost all night to discuss with me after visiting large beautiful industrial parks with the synchronous infrastructure of Thailand. For all of us at that time, these industrial zones were a dream and created a strong aspiration for us to follow. The spirit of innovation, progress-seeking, willingness of the provincial leaders was conveyed to all subordinates and directly impacted young people, urged us to study and improve ourselves so that we are able to contribute to the common cause of the province."

The achievements that the leaders, party, government and people of Binh Duong province have built in the past quarter century are the foundation, the belief and hope for the generation today and tomorrow. New opportunities and challenges require the province to continue having strong determination, innovative thinking, bravery, overcoming all difficulties, challenges, persevering in our strategic goals set, so that Binh Duong continues to reach new heights.

Reported by Ngoc Thanh – Translated by Ngoc Huynh