Promoting targeted economic growth

On the afternoon of January 22, Vo Van Minh, Vice Secretary of provincial Party Committee and Chairman of provincial People’s Committee chaired a meeting to implement the local socio-economic development tasks for 2025. The conference was held online, connecting districts and cities, with the participation of leaders from provincial departments, agencies and localities.

Speaking at the conference, provincial People’s Committee Chairman emphasized that despite many difficulties and challenges in 2024, Binh Duong achieved significant results across various sectors, including industry, services, foreign investment attraction, import-export activities and public investment. He also highlighted existing shortcomings and obstacles, stressing that 2025 is a pivotal year for acceleration, breakthroughs. It is also the year to lay the groundwork for implementing the resolutions of provincial Party Congress for the new term amid a complex and unpredictable context. To achieve the economic growth target of 10% or more in 2025, the province must thoroughly implement and strictly adhere to the Government’s Resolution No. 01/NQ-CP, No. 02/NQ-CP and the resolutions of provincial People’s Council.

Provincial People’s Committee Chairman instructed all units to focus on resolving difficulties and obstacles, streamlining procedures and reducing the time required for granting investment licences. Additionally, agencies were directed to support residents and businesses in innovating new technologies, expanding production and business operations and driving economic growth in alignment with the province’s strategic goals.

Regarding public investment, he emphasized that all-level authorities, sectors and localities must demonstrate greater determination and ensure thorough preparation for investment projects from the beginning of the year as well as effectively handling land clearance and compensation. In addition to investing in key regional traffic infrastructure such as belt roads, expressways, arterial roads, and ports, attention should also be given to allocating funds for social infrastructure development, including healthcare, education, parks, green spaces and cultural facilities. He also called for a focus on transitioning to new growth models to create momentum for attracting strategic investors.

Reported by Phuong Le-Translated by Kim Tin