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Wednesday, 8-7-26 19:10:17

Economics

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Firm steps forward

Despite persisting difficulties and challenges ahead, a successful 2020 and a solid "launching pad" for more than 30 years of reforms, Binh Duong can confidently step forward to welcome new opportunities, construction and development of the province to become  richer and stronger.


Binh Duong New City is considered as the center of innovation. Photo: Quoc Chien

Holding fast to faith

The year 2020 ends with remarkable success of the province. The efforts and flexibility of the authorities at all levels, the business community and all classes of people, economic quality has been improved and  labor productivity has increased. By the end of 2020, the province's gross domestic product (GRDP) increased by 6.19% from 2019, a relatively good growth rate compared to the whole nation and the Southeast region. In which, many indexes of industrial production (IIP) increased by 8.02%; total retail sales of consumer goods and services increased by 12.3%; export turnover increased by 8.5%; total investment capital for development of the whole society reached VND 133,568 billion, increasing by 11.6%; total foreign direct investment capital reached USD 1.9 billion;  export turnover reached USD 27.4 billion; export surplus was USD 6 billion; total State budget revenue is estimated at VND 61,400 billion.
In the new stage, provincial leaders commit to continue many activities to accompany businesses and improve business environment while maintaining confidence and creating motivation for businesses to seek for new business solutions to create a resilience in development. In addition to institutional reforms, the provincial authority will pay more attention to implementation solutions in the direction of companionship and support for businesses. Business investment environment has been increasingly improved in a favorable direction so that every citizen and enterprise can grasp their opportunities and be more motivated to develop.

At the recent meeting with the business community, the provincial leaders committed to continue to openly, transparently and fairly resolve administrative procedures, difficulties and problems to be quickly perceived and resolved. Nguyen Hoang Thao, Deputy Secretary of Binh Duong provincial Party Committee cum Chairman of Binh Duong provincial People's Committee asked that the coordination among branches and functional agencies should continually be strengthened, including clear definition of the tasks of each agency, as well as responsibilities of their leaders. Legitimate opinions and aspirations need to be listened to and shared by the manner of vision to become better. Thereon, when the policies come into life, they will become the driving force for businesses to develop and compete in the region and in the world.

More than ever, in the face requirements for development, potentials, strengths and resources needed to focus on mobilizing Binh Duong to grow. Against the posing challenges, Nguyen Hoang Thao asked departments, branches and localities to quickly handle the problems focus and a high sense of responsibility in the face of difficulties and obstacles. It is also asked that businesses should boldly propose and promptly remove obstacles responsible community along with information sharing and good coordination to progress.

Consecutively in recent days, the business community of Binh Duong is really excited when measures to combat traffic congestion have been coordinated by branches and localities to ensure convenience for goods circulation. Or, the departments of customs and industry and trade have regularly met the business community to talk, listen to their problems, and exchange information about integration and development to move forward in a new stage.

Catching the new opportunities

In various forwarding entries, Binh Duong provincial authority is always anxious about how to choose a good direction to become a locality of attractive investment environment, and step by step to become an area of smart production and innovation, upholding a solid foundation into the digital era. Binh Duong provincial authority has chosen Innovation Zone Project to continue building Binh Duong smart city for the next stage. Central management office of a scientific and smart city and technology industrial park will be in place. The development of one-stop-shop administrative system, higher education system, and creative ecosystem will be available. World Trade Center in Binh Duong New City, high-quality urban area, development of information technology telecommunications infrastructure, logistics center for e-commerce will come forth. All these achievements will put Binh Duong in the new height in the near future.

Talking to us, Nguyen Van Hung, Chairman of Becamex IDC Corporation, the consultant unit of the Innovation Zone Project, said that in the new phase, new requirements for the project will help Binh Duong provincial authority build and create an attractive environment for entrepreneurs and technology companies for them to keep on participating in major economic organizations around the world. Thereon, on the one hand helps to upgrade the existing production platform are available for creating new production tools. On the other hand, it helps to develop equally in all aspects of social life and gradually increases the proportion of digital economy in Binh Duong economy. The project is expected to create a lever to promote and build Binh Duong into a province with a creative innovation ecosystem and a broader and sustainable creative culture as a foundation for building an attractive investment environment to step by step become a smart production area.

By the current potentials and capacity of Binh Duong, especially from the very important achievements of the smart city construction project, Binh Duong provincial authority can look forward to  tread one step further. Vuong Phan Lien Trang, Deputy General Director of Encity Company, the project consultant unit affirmed: “Binh Duong with a dynamic authority and the achievements in developing smart models towards the high-tech industry is fostering very promising conditions for development and realization of the Innovative Area Project.”

Reported by Tieu My - Translated by Vi Bao

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