Binh Duong strives to absorb 80,000 domestic enterprises in late 2025

According to provincial People’s Committee’s 2025 plan on improving the business environment and enhance competitiveness, the province has strived to become a leading destination for investment attraction, innovation, science and technology development and foster a fair and safe business environment for citizens, enterprises and investors. A key target is to have 80,000 domestically invested enterprises operating in the province by the end of 2025.

To achieve this goal, Binh Duong has continued promoting the implementation of support measures for enterprises, particularly small and medium-sized enterprises (SMEs). The province has focused on providing demand-based consulting and training solutions covering areas such as business restructuring, finance, human resources, market development, risk management, digital transformation and participation in sustainable value chains. At the same time, Binh Duong is further simplifying administrative procedures, accelerating the application of digital technologies and digital transformation and enhancing the effectiveness of quality management systems. These efforts aim at maximizing convenience, reducing processing time and unofficial costs for citizens and enterprises, ultimately improving the province’s overall competitiveness.

As of now, Binh Duong has had more than 77,600 domestically invested enterprises, with total registered capital exceeding VND 873 trillion.

Reported by Ngoc Thanh-Translated by Kim Tin