Separated from Song Be province (now Binh Duong), Binh Phuoc province was still an agricultural locality with a low living standard. Still, with 13 years of development, the locality has reached a firm development of socio-economy…

Dong Xoai town has gradually affirmed its position as an eco-political hub of Binh Phuoc province. Binh Long town, Hon Quan and Chon Thanh districts have emerged into industrial localities. The locality has 8 IPs, covering over 2,100 ha, of which IPs of Chon Thanh, Minh Hung, Tan Khai and Tan Thanh have been put into operation.

rubber – a staple product of Binh Phuoc provinceRecent years, the province’s economic structure has continued shifting into industry-service-trade trend. In 2009, its total budget collection, GDP and export revenue were estimated at VND1,449tril, VND5,380tril and US$353mil, respectively.

In 2010, it eyes crucial tasks of fostering recovery of its economy with concrete targets of a 12-13% rise of GDP, US$400mil of export revenue, VND1,800tril of budget collection…

Implementing a resolution of boosting administration reform, raising efficiency of state management, the province has completed the first phase of Decision No.30/2007/QD-TTg on simplifying administration procedures for 2007-2010 period.

The provincial department of Planning and Investment assessed, 2010 will be the year of basic advantages of political stability, economic recession curb, social welfare assurance…

Since its inception of 13 years, the province has overcome difficulties to reach present successes.

Reported by T.Thu – Translated by T.Thanh