After being separated from Song Be province on January 1, 1997, Binh Duong focused all resources on promoting industrial development, breaking up into a dynamic developing province in the southern key economic region. From here, the province entered a new development period, with impressive breakthroughs aimed at socio-economic development, improvement and improvement of people's living standards.
Dynamic development
After the separation of the province, together with strengthening the political system and improving the effectiveness and efficiency of the government, the province focused on building a strategy of economic development in a modern way; focus on developing industry and services to serve as a foundation to accelerate the process of industrialization, modernization and urbanization. The province also ensured the continuous economic growth rate of over 13% a year, the economic structure shifted towards reducing the proportion of agriculture and rapidly increasing the proportion of industry and services. In 2018 alone, the province's socio-economy continued to change positively, developing comprehensively in the fields, improved people's life, political security, social order and safety. be maintained and stable. The outstanding result is that there are 27/29 major socio-economic indicators of the province reaching and exceeding the plan. Gross provincial product (GRDP) is estimated to increase by 8.68%; Per capita GRDP of VND 130.8 million.
Binh Duong's economy is firmly integrated. In the photo: Production line of Kymco Vietnam Company (Dai Dang Industrial Park, Thu Dau Mot City). Photo: Phuong Le
The province has focused on developing socio-economic infrastructure, increasing mobilization of investment resources to develop more industrial parks and clusters, harmoniously linking with the system of urban areas and services; From 7 industrial parks with an area of 1,603 ha in 1997, the province now has 28 industrial parks with an area of 10,560 ha, a rental rate of 70% and 10 industrial clusters with an area of 707 ha, the rate for hire about 65%. With the efficient operation of industrial parks and clusters, in 2018, the province's industrial production value has increased 62 times compared to 1997.
In attracting investment and creating resources for development, with the maintenance and effective implementation of the policy "Spread the flower to invite investment" and "Spread the red carpet to attract talents" of the province has created a mechanism open and convenient for domestic and foreign enterprises to invest in Binh Duong. By the end of 2018, the province has attracted over 36,379 businesses registered with a total capital of VND 296,989 billion, 47 times higher than the number of projects, 32 times of capital compared to 1997. In attracting investment from foreign countries, the province has attracted 3,509 foreign investment projects from 59 countries and territories with a registered capital of 32.2 billion USD, contributing to Binh Duong province to rise to the third in the country in attracting. FDI investment, after Ho Chi Minh City and Hanoi.
The province now has thousands of businesses directly involved in exporting to 180 countries and territories, mainly European, Asian and American markets. The annual export turnover of the province has increased by 24.9% on average and has been continuously exiting. In 2018, the province's export turnover reached 25.28 billion USD, 71 times more than in 1997; import turnover increased by an average of 24.1% a year; in 2018 reached 20.5 billion USD, 75 times more than in 1997.
Firmly integrated
The national target program on building new rural areas has brought about practical results, making the rural face of the province have many positive changes, the material and spiritual life of the rural people has been improved. forward. Up to now, the province has 43/46 communes and 2 district-level units (Dau Tieng and districts of Tan Uyen Town) are recognized to meet the new rural standards. At the same time, the province has proactively formed specialized cultivation areas in accordance with the advantages of each region, the model of farm economy, high-tech agriculture and urban agriculture to bring economic efficiency. The high value of agricultural production is many times higher than in 1997.
After 22 years of development, many important and breakthrough projects and motivations for development have become the symbol of Binh Duong land. One of the key highlights in the development of industry, services and urban areas of the province is the planning to build and put into use the Industrial - Service - Urban Complex near 4,200 ha, including Binh Duong new street and the provincial administrative center. This is the nucleus of a modern, dynamic, sustainable and smart Binh Duong urban area, fully converging all types of services and a connected synchronous transport infrastructure system. smoothly with provinces and cities in the southern key economic region. These projects have created a breakthrough in socio-economic development, contributed greatly and served as a foundation for the construction of Binh Duong's urban in the direction of modern, civilized, rich and beautiful development. fast and sustainable.
In recent years, Binh Duong has also focused on reviewing and adjusting sectoral and sectoral plannings, urban construction general plannings and functional sub-zones. In addition, the province directed the synchronous implementation of urban development, upgrading, renovation and embellishment programs; has announced Thu Dau Mot as the town of Type I, Ben Cat Town and Tan Uyen Town are third-class townships; repeating discipline in urban management, construction management.
To ensure the process of international integration is favorable and positive development, the province always enhances and expands external activities. Up to now, Binh Duong province has signed friendly cooperation with many foreign provinces and cities; focus on foreign activities to promote and enhance Binh Duong's image and position to domestic and international business friends and businesses. On that basis, the province strengthens investment promotion, promotes economic growth, accelerates the process of industrialization and modernization; directing good results to the stable and sustainable development goals of Binh Duong province in the coming time.
In implementing the resolution of the Provincial Party Committee and Provincial People's Council, in 2018, the Provincial People's Committee determined the target of total product in the province (GRDP) increased 8.5 - 8.7%; The proportion of industry-construction, service, agriculture-forestry-fishery and import tax in economic structure is respectively 63.7% - 25.0% - 3.2% - 8.1% . Tran Thanh Liem, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, said that in order to successfully implement the set objectives, in the coming time, the province will improve the quality of growth and increase the scale of the economy, promote industry restructuring; focus on rapidly developing high quality service industries; along with developing urban agriculture, high-tech agriculture associated with processing industry and new rural construction. The province will also attract economic sectors to invest in development; focus on developing resources to meet the increasing needs of the province's economy. At the same time, the province will promote science and technology development; building a modern medical infrastructure system, better implementing the work of social security, creating jobs and improving the quality of life of the people.
Reported by Khanh Vinh – Translated by Vi Bao
