In 2021, the province's economy has facde many difficulties, due to the negative impact of the Covid-19 pandemic. Although the growth of industries has slowed down, in general, Binh Duong has firmly overcome challenges. Many economic targets have still been completed and exceeded the set plan. Especially, trade and investment inflows have encountered huge barriers amid the complicated developments of the pandemic. But, Binh Duong has still attracted more than US$ 1.9 billion in FDI capital, which is one of the local highlights.
The success in FDI attraction even in the most difficult period shows that Binh Duong has firmly built trust among international investors and partners about an attractive investment climate full of potential for production and business development. Binh Duong has become a "strong brand" in the eyes of domestic and foreign investors. The brand has been built and elevated in a long process with efforts, intelligence, proactiveness and creativity in the spirit of companionship, creating all the most favorable conditions for investors and enterprises.
In addition to creating industrial parks and compounds with a modern and connected traffic system. Binh Duong has preferential and open policies, high-quality human resources. All are the highlights in the process of promoting and calling for investment, which are appreciated highly by corporations and partners. In particular, Binh Duong has steadfastly maintained a spirit of companionying investors for mutual development.
During the recent Covid-19 pandemic period, despite having to focus on pandemic prevention and control, protecting people's health, Binh Duong did not forget the task of protecting production, protecting the interests-rights of enterprises, not letting enterprises and investors face difficulties alone. During the period of implementing strict social distancing as well as the period of returning to the "new normal" state, provincial leaders together all-level authorities, sectors and localities continuously made visits and surveys to promptly remove enterprises’obstacles, helping them catch up with production-business and maintain growth.
Binh Duong's success in attracting investment, especially foreign investment has been proven by actual numbers over the years of development. Being not satisfied and complacent with result done, Binh Duong has continued being proactive to call for investment projects, especially give priority to high-tech industries with great economic value. During the pandemic period, Binh Duong still continuously held online conferences to promote investment, negotiate and sign cooperation agreements with many international partners. The initiative, creativity, and flexibility added another score to Binh Duong, reinforcing the faith of investors who have made investment in the province and those who will come here.
Reported by Trieu Phong-Translated by Kim Tin
