To commemorate 15 years of Binh Duong Province’s re-establishment (January 01, 1997 to January 01, 2012)

Significant numbers

Economic growth is maintained at stable rate irrespective of challenges in Binh Duong Province. Total product value in 2011 increases 6.5 times higher than it was in 1997 while industry-service-agriculture ratio is at 62.2-33.7-4.1% respectively (comparing to 50.4-26.8-22.8% in 1997).

2011 is the first year of implementing the 11th National Party Congress resolution and the 9th Provincial Party Congress resolution which have signified socio-economic targets initiated under 5-year plan from 2011 to 2015. Thus, income per capita increases by 6.4 times higher than it is in 1997, bringing the number from VND 5.8 million to VND 36.9 million as undeniable proof.

To facilitate industrial development, Binh Duong Provincial authority has prepared two land strips in Thuan An and Di An bordering Ho Chi Minh City and Bien Hoa as hotspots of investment luring.

Industry is strongly developed in Binh Duong Province. By the end of 2011, 28 industrial parks and 8 other clusters are licensed to work on an area of nearly 10,000 hectares offering rooms for over 13,000 domestic and 2,000 foreign investment projects. Besides, the Binh Duong Industry – Services – Urban Complex covering 4,196 hectares of land is now one of the promoting factors for local industrialization and urbanization.

Vital industry, important trade and services

The vital economic role of industrial development working as momentum for development of all other fields and sectors is now promoted by local authority and the people in terms of scale and sustainability, i.e., industrial development is integrated into development of services, urban areas and environment protection measures.

After 15 years of development, industrial production value is multiplied by 31 times, and accounted for 12% of national industrial production value. It is estimated that the industrial production amount has reached VND 123,201 billion.

The second best economic factors of trade and services are now accounted for 33.7% of provincial GDP, showing a growing ecomomic significance of them.

Total export revenue is estimated to reach USD 10.342 billion or 11% of national revenue and 21.1% higher than previous term. Commercial centers and supermarkets have come into operation do meet up with production and consumption demands. Retails of goods and trading in 2011 is estimated to have reached VND 59,367 billion which plays important role in maintaining growth rate of the province.

Power lines, traffic roads, stations and markets to remote areas

Transportation has seen dramatical development in fields of goods transportation servicing import and export as well as passenger transportation of local people.

Binh Duong has upgraded, extended and innovated local traffic system as parts of contribution to agricultural and rural industrialization and modernization.

Up to date, 99.2% of households have access to clean water in rural areas while traffic roads have connected communes. Post offices and telecommunication has been developed in remote areas.

Compiled by M.H – Translated by Vi Bao

Part 2: Socio-economic impression

• Party Chief - key leader and director of Party building and rectification work (26/07)
• Eulogy delivered at memorial service for Party General Secretary Nguyen Phu Trong (26/07)
• Memorial service held for Party General Secretary Nguyen Phu Trong (26/07)
• Party General Secretary Nguyen Phu Trong and Binh Duong (26/07)
• Delegation of Binh Duong’s leaders pays respects to Party General Secretary Nguyen Phu Trong (26/07)
• Huge potential for Vietnam-Czech Republic economic cooperation: official (25/07)
• State funeral held for Party General Secretary Nguyen Phu Trong (25/07)
• Province creates favorable conditions for people to submit online administrative applications (25/07)