Inside an FDI firm in Binh Duong province (Photo: baodautu.vn) Nguyen Thanh Truc, Director of the Binh Duong Department of Planning and Investment, said that more foreign companies have been investing in the province and looking for Vietnamese business partners. The province’s road infrastructure and its 29 industrial parks have also developed strongly in recent years. Last year, FDI companies contributed 48.5% to the province’s investments and over 82.8% of its exports, according to Truc. Binh Duong is the newest member of the World Technopolis Association which helps members apply advanced technologies in regional development. Tran Thanh Liem, Chairman of the provincial People’s Committee, said that membership in the association would help Binh Duong improve its technology capability and become a smart city. Nguyen Van Hung, chairman of the board of directors of Becamex IDC Corp - a Binh Duong-based conglomerate - said the province’s reputation … [Read more...] about Southern Binh Duong province attracts more FDI
Binh duong province
Binh Duong Province rejects projects with negative environmental impacts
Moreover, the province leaders did not try to attract foreign investment by all means. Thanks to policy reforms and continuous efforts to reduce red tape and improve public services and the environment to do business, it is one of top destinations for FDI. Just in first six months, foreign investors poured $853.5 million into the province accounting for 61 percent of the plan. So far, the province has had 3,397 projects with total investment of $30.95 billion. To obtain remarkable achievement today, the province has spent thousand billion Vietnam dong on building types of infrastructure including traffic infrastructure connecting the province with other places. The province is now considered as the metropolis of the country’s industrial parks as it develops good infrastructure in the field; at present, twenty-nine industrial parks are located in the area of nearly 12,800 hectare in the province. It is scheduled that by 2020, it will develop five additional industrial parks. To … [Read more...] about Binh Duong Province rejects projects with negative environmental impacts
The Coffee House opens first store in Binh Duong Province
The Coffee House opens first store in Binh Duong Province A view of The Coffee House in Binh Duong Province New City Within more than 100 stores opened in Vietnam's major cities since its establishment four years ago, The Coffee House is now present in Binh Duong Province New City. The new store is just opposite Binh Duong Province’s administrative center tower, where around 3,000 people work, and which is surrounded by the roads lined by offices of banks such as Vietcombank and BIDV, Binh Duong Investment Development Fund BDIF, Binh Duong Television, Korea Business Association, and Eastern International University. The Coffee House is known as a favorite coffee brand, especially of young people in big cities such as HCMC, Hanoi, Danang and Vung Tau. … [Read more...] about The Coffee House opens first store in Binh Duong Province
Continuous accident in Binh Duong Province causes 3 deaths & 1 injury
At around 12:30pm yesterday, the truck with the number plate BKS 60C-305.10 was travelling on DT 741 from Dau Tieng District to National Way No.13. When being around 500m from Ong Co Bridge, which is at the boundary between Thu Dau Mot City and Phu An Commune of Ben Cat Town, it unexpectedly bumped into a delivery tricycle with the number place BKS 61L6-1125 moving from the opposite direction. It then continued to crash into the back of another truck with the number plate BKS 61C-162.78 parking at the sidewalk, making the latter truck fall into a nearby ditch. The accident immediately killed two people on the former truck as well as the driver of the delivery tricycle. The person on the latter truck was also seriously injured. At the moment, traffic police officers of Ben Cat Town and related agencies in Binh Duong Province are examining the scene to identify the cause of the accident.By XUAN TRUNG – Translated by Thanh Tam Tags: Continuous accident Binh Duong Province … [Read more...] about Continuous accident in Binh Duong Province causes 3 deaths & 1 injury
New housing project for foreign investors in Binh Duong province
At the signing ceremony The building will be constructed on Hoang Van Thu street, a so-called “Pho Tay” (street of Westerners), where there are many hostels and services for foreign experts and investors. Located on an area of 5,500s.qm, the project is for foreign experts and investors as well as businessmen who are investing in Binh Duong province. The 21-storey apartment tower also has a road network and means of transport to industrial parks in the province. According to the project investors, this building will meet foreign experts' demand for their accommodation in the province. Currently, Binh Duong attracts about 15,000 foreign experts to work there, ranking the second in foreign direct investment among provinces and cities across the country. Translated by Lam Anh … [Read more...] about New housing project for foreign investors in Binh Duong province