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Economics

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Local GRDP growth reaches 8.7% in first 6 months of 2025

On June 12, Mr. Vo Van Minh, Deputy Secretary of Binh Duong Provincial Party Committee, Chairman of the Provincial People's Committee, chaired the 99th meeting of Provincial People's Committee. Also attending the meeting were Vice Chairmen of Provincial People's Committee: Bui Minh Thanh, Bui Minh Tri; leaders of departments, branches and localities.

The meeting approved some drafts on: report on the socio-economic development, national defense and security in the first 6 months of the year and key tasks in the last 6 months of 2025; resolution on the commitment of resources allocated to the urban railway project No. 1 (Binh Duong - Suoi Tien new city, Ho Chi Minh City); approval of the proposal for the urban development area of the new urban area No. 4, Tan Dong Hiep ward, Di An city; approval of the proposal for the urban development area of the new urban area of Suoi Cay Sao stream, Tan Binh ward, Di An city; investment policy for the construction project of Chua bridge and Rach Ro bridge on DT.746 street. The meeting also approved the draft decision to internally adjust the medium-term public investment plan for the 2021-2025 period, the 2025 public investment plan using provincial budget capital for projects invested by the Project Management Board of the agricultural and rural development sector...

In the first six months of 2025, Binh Duong province achieved significant progress in socio-economic development, with a Gross Regional Domestic Product (GRDP) increase of 8.7%. This growth surpassed both the same period last year and the proposed growth scenario, indicating a swift and effective recovery attributable to business support policies. A key highlight was the implementation of a 100-day-and-night initiative focused on disbursing the public investment capital plan for 2025, which resulted in an estimated total disbursement of VND 4,293 billion.

During the meeting, Vo Van Minh, Chairman of the Provincial People's Committee, praised the efforts of various departments, branches, and localities in management and direction. He emphasized the limited time remaining to build on the positive results achieved in the first half of the year. The Chairman urged departments, branches, and localities to maintain this momentum, proactively review and organize their tasks, and prioritize urgent and key responsibilities. This preparation is crucial for the reorganization of the administrative apparatus at all levels, ensuring continuous operations and stability across all sectors.

Reported by Minh Duy - Translated by Ngoc Huynh

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