Binh Duong expects big jump in 2019 economic development The southern province of Binh Duong is expected to make a breakthrough progress in socio-economic development in 2019 thanks to its recent strong growth. Speaking at the meeting of the provincial People’s Council recently, Vice Chairman of the provincial People’s Committee Mai Hung Dung affirmed that the locality has continued to record positive changes in almost all fields in 2018. Binh Duong’s gross regional domestic product (GRDP) is estimated to increase 9.01 percent, compared to the target of 8.5 percent, while GRDP per capita reached 130.8 million VND per year. Export-import activities maintained a high growth, resulting in a trade surplus of over 4.7 billion USD. By November 15, Binh Duong attracted over 52.8 trillion VND (over 2.26 billion USD) of domestic investment, and 1.69 billion USD of foreign investment, representing respective increases of 25.3 percent and 20.9 percent compared to the plan set for the year. The province is now home to 3,478 foreign-invested projects with total registered capital of 31.8 billion USD. Binh Duong is the first locality of Vietnam becoming a member of the world’s Intelligent Community Forum (ICF), contributing to improving its position, boosting economic cooperation and… Read full this story
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