Flexibility and efficiency

Impressive export growth with trade surplus maintained was only one of many development targets achieved by Binh Duong in the first 4 months of the year. Along with exports, the province’s production and business activities in general have returned strongly after a long journey of facing many difficulties, due to the pandemic, especially in investment attraction, industrial and service development…

In the first 4 months of 2022, Binh Duong attracted more than US$ 2.3 billion in foreign investment, reached US$12.46 billion in export, more than US$3.9 billion in trade surplus…Checking out some figures to see that Binh Duong's economy has returned to its inherent growth momentum for many years. The development targets achieved in 2021 as well as the first months of 2022 are even more meaningful if you know that during that time the province was in the "whirlpool" of the pandemic.

Gaining achievements on the way of development despite many difficulties, it is impossible not to mention the flexibility of  provincial leaders in management, the drastic participation of all-level authorities, sectors and localities together with the efforts by the local people and business community.

Binh Duong has drastically made efforts in controlling the pandemic well, creating all conditions for enterprises to resume operation and develop. The business community has received maximum support from labor attraction, raw material supply, customs clearance, goods circulation ... All have ensured all activities without interruption, maintenance and development of the production and supply chain, import and export. Binh Duong's companionship with enterprises has also been shown in the quick and effective implementation of the Government's policies and solutions to support economic recovery and development…

Facing the "separation" caused by the pandemic, affecting investment flows, Binh Duong made the most of technology, promoting a series of online conferences to call and attract investment with potential countries around the world. The attractive results of the first quarter exceeding the plan for the whole year of 2022 are convincing proofs about the province’s the flexibility and efficiency. The province has continued building synchronous and modern traffic, industrial park infrastructure with connectivity at development needs, which is another highlight to note.

It is believed that with the flexibility of leaders in administration together with the efforts by the business community and people, Binh Duong will continue achieving more impressive and higher results in 2022 as well as the following years.

Reported by Trieu Phong- Translated by Kim Tin