Over the past years, the province’s sector of trade-services reached rapid growth. It is now appreciated as one of the province’s fields full of potential for stronger development.
Great potential
Binh Duong is one of the country’s industrial hubs having high connectivity with localities in the southern key economic zone and nationwide, especially HCM city. Over the past years, the province’s sector of trade-services gained rapid growth and it now has great potential for stronger development.
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Customers at Aeon Mall Binh Duong
In 2019 alone, the province’s trade activities continued obtaining stable growth. The price of essential goods herein remained unchangeable, curbing inflation and well serving people’s demand for shopping, contributing to ensuring the local social welfare.
The province’s total retail sales revenue of commodities and services in 2019 was estimated at more than VND227.8trillion, up 19.2% compared to the previous year or 101% of the year’s plan. So far, some top retail trademarks at home and abroad, including MM Mega Market, Aeon Mall, Lotte Mart, Saigon Co.op, Big C…have also been present in the province. There are now also many five-star hotels, international standard golf courses…
Ngo Trong Nghia, General Director of Binh Duong Mineral and Construction Joint Stock Company said that the company has selected Dat Cuoc industrial park to make investment, contributing to promoting the local industrial manufacture.
Possibly seeing, with the efforts by functional agencies, close coordination between industries’ associations in the province has contributed to increasing the value of products. This is a major foundation for the local industrial sector to gain sustainable development.
Attaching special importance to hi-quality services
Along with absorbing hi-tech projects, the province will continue promoting hi-quality services in the coming time. In 2020, the province will strive to reach the growth of 19.9% in total retail sales revenue of commodities and services compared to 2019.
To achieve the above target, the province needs to promote hi-quality services; foster e-business in association with traditional business forms…The province also needs to instruct functional sectors to well realize market control against trade fraud, protecting customers’ rights and interests…
It is known that the province’s goal of forming up the World Trade Center Binh Duong New City (WTC BDNC) is to help the local enterprises make international trade, developing Binh Duong into a flexible area with diversification in professional services, human resources being capable of the global trade development… The WTC BDNC will support international trade services in the province and neighboring areas.
In terms of orientations in investment attraction, HCM city Institute for Research and Development has suggested the province to strengthen investment attraction in the field of developing a network of supermarkets, trade centers projected while absorbing large-scale projects with regional connectivity…
Reported by Tieu My-Translated by K.T
