Broadened cooperation and investment opportunities

 With the determination to create an open and attractive investment environment, Binh Duong province has issued many guidelines and policies to encourage investment attraction, strengthen the expansion of foreign relations, and actively integrate into the international economy, thereby expanding cooperation and investment opportunities.

Binh Duong and Gangnam District, Seoul (South Korea) have cooperated to promote trade, investment, culture, and tourism between the two localities. Becamex IDC and The Connected Places Catapult (CPC) of the UK cooperate to develop smart city, Innovation Region, and Science and Technology Industrial Park... Binh Duong has established bilateral cooperation relationships with 11 foreign localities. Cultural exchange activities are implemented to spread traditional cultural values and local beauty. In addition, sports and music activities have enhanced the friendship and cooperation between Binh Duong and its partners.

Muraoka TSugumasa, Governor of Yamaguchi Prefecture (Japan), said: “Binh Duong is developing strongly, especially in smart city construction. Surely the good relationship between the two localities will develop to new heights, making joint contributions to the development of the two countries Vietnam and Japan.

Efforts to promote the image of Binh Duong with dynamic development, an open, safe and effective investment environment have left a deep impression on international friends and foreign businesses. Up to now, Binh Duong has more than 4,000 FDI projects with a total registered capital of nearly 40 billion USD. Not only continuing to attract strong FDI capital, the capital of Vietnamese enterprises investing in Binh Duong is also very high, nearly 100,000 billion VND, equivalent to about 4 billion USD. Binh Duong has more than 60,000 domestic enterprises registering for business. This is an advantage in investment attraction of Binh Duong, opening many opportunities for cooperation and linkage between economic sectors to create a high added value chain.

Exploiting internal resources, together with taking advantage of external resources, expanding external relations, strengthening bilateral and multilateral cooperation with foreign localities and international organizations will be resources for Binh Duong to realize and develop its goals to new heights, with a good quality of life, civilization, modernity and gratitude. It is expected that Binh Duong will always be a particularly important investment destination of Vietnam, a prestigious place to organize international events.

 Reported by Phuong Le - Translated by Ngoc Huynh

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