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Monday, 16-6-25 22:23:21

Economics

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Realized capital of enterprises in IPs reaches 132% of year’s plan

According to provincial Industrial Parks (Ips) Management Board, investment capital implemented by enterprises in 2024 exceeded US$2.264 billion, an increase of 19.75% compared to 2023 and achieving 132% of the 2024 plan. Of the total figure, foreign-invested enterprises contributed US$2.028 billion, accounting for 89.53%, up 21.05% while domestic enterprises accounted for US$236 million, representing 10.47%, an increase of 10.07% compared to 2023.

Thanks to the province's supportive measures and the resilience of the business community, enterprises in the local industrial parks in 2024 maintained stable production and business activities, significantly contributing to the local economic growth and employment creation. Regarding investment attraction, the local Ips  attracted VND 2.028 trillion in domestic investment, achieving 138% of the annual plan and over US$1.45 billion in foreign investment, an increase of 19% compared to 2023, fulfilling 121% of the annual plan.

Reported by Ngoc Thanh-Translated by Kim Tin

Vietnam, US conclude third round of bilateral trade talks

The two sides also agreed to convene an online working-level meeting in the coming days to continue resolving outstanding issues and prepare for a virtual ministerial dialogue between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Secretary of Commerce Howard Lutnick.

Administrative reform drives investment attraction

To enhance competitiveness and create the most favorable conditions for businesses to invest, produce and operate with confidence, Binh Duong is continuing to focus on improving the quality of its investment and business environment

Enhancing loan accessibility for production and enterprises

Thanks to incentives and favorable conditions, business loan credit packages exemplify the bank's robust commitment

Reference exchange rate falls 15 VND on June 13

The opening-hour exchange rates varied among major commercial banks on June 13 morning.

Boosting investment in high-tech industries

In recent years, Binh Duong has consistently expanded its international cooperation efforts, promoted investment partnerships, advanced science, technology and innovation.

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

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%.

Domestic investment attraction into IPs reaches 235% of yearly estimate

New investment projects and capital increases are mostly for factory investment and installation of machinery and equipment lines to produce industrial products.

Businesses connect for mutual development

The spread of technology from foreign-invested enterprises (FDIs) to domestic businesses remains limited.

Saving electricity in agricultural production

In the context of integration and the process of national industrialization and modernization of the country, modern agricultural production has been specialized and applied machinery in all stages.

Vietnamese State leader holds phone talks with new Korean President

President Cuong appreciated the attention President Lee has paid to relations with the Asian region and emphasised that this early phone talks reflects the importance he attaches to relations with Vietnam.

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