“With the orientation towards sustainable development, Binh Duong not only gives priority to attracting high-tech and advanced production, but also focuses on economic restructuring, incline towards the growth of high-quality trade and service. In particular, priority is given to service industries with high gray matter content, e-commerce sectors, financial investment, banking... The rising proportion of services will impact and create motivation for industrial development".
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To develop river-way logistics, create favorable conditions for transport companies, and facilitate the development of trade and services. In photo: Loading goods at An Son port.
A solid basis for development
Along with industrial production, commerce - service sectors in Binh Duong eyes good changes in industries serving manufacturing, urban development, education and training. Over the first 6 months of 2021, despite many difficulties and challenges caused by the Covid-19, provincial trade - service industries proved its stability. Total retail sales of goods and services were estimated at 131,672 billion VND, up 10.4% over the same period last year. Export turnover was estimated at more than 17 billion USD, up 47.2% over the same period in 2020; import turnover was estimated at 13.3 billion USD, up 43.4%; trade surplus of 3.75 billion USD.
Currently, Binh Duong is making efforts to accelerate e-government, implement many new models and technologies, and create favorable conditions, support and encourage businesses and organizations in the province to go digitalization, apply IT, improving knowledge, developing smart factories… Binh Duong has 3 affiliated cities with high-quality commercial and service development orientations; these cities have strongly attracted the entire society's resources for the construction and development of increasingly civilized and modern urban areas. In particular, it is the strong development of service industries that has created the connection and strengthen trust of investors in these localities.
Yamamoto Kazuhito, General Director of Taisei Bijutsu Printing Company (Vietnam), said that industrial parks in Binh Duong have provided investors with complete and synchronous infrastructure, and a safe, effective production environment. In particular, utility services are well developed, meeting the needs. Many potential and experienced investors in urban development, high-quality housing, commercial centers etc. have carried out projects in Binh Duong, created spillovers, improve urban quality and create many good choices in terms of quality of life for residents as well as investors.
One of the highlights in the development of industrial, service and urban infrastructure of Binh Duong is the planning for building and putting into use an industrial - service - urban complex of nearly 4,200 hectares. In which, there are many modern facilities and services, such as the High-Tech Center, Convention and Exhibition Center, green park, big lake, sports center... That is an opening for a science - technology city, an international cultural and financial center with a green, clean and beautiful environment.
New vision
Over the years, Binh Duong has succeeded in implementing a breakthrough program to develop high-quality services for industrial and urban development in the province. In the 2016-2020 period, high-quality service industries were formed and operated effectively, actively supported the province's industrial and urban development, such as financial services, banking, insurance, commerce, e-commerce, information and communication, warehousing and specialized transportation (logistics), tourism... With the reasonable concentration of investment resources for rational investment in core technical infrastructure projects, meeting the needs of investors for industrial development and high quality services in new areas. Besides the consistency of innovative method in investment attraction, the advantage of modern and basically complete infrastructure, Binh Duong has become a convergence of many top businesses and retail groups.
In the past 5 years, total retail sales of consumer goods and services increased by an average of 17.95%/year, of which total retail sales of goods increased by an average of 15.81%/year. Trade - service infrastructure system is invested and upgraded; develop many types of distribution with the participation of major domestic and foreign brands. Exports increased by an average of 9.31%/year. The export market is constantly expanding.
Currently, Binh Duong continues to cooperate with the world's leading experts and partners to develop the Science - Technology Industrial Park. That is the driving force for Binh Duong's socio-economy to rise up, step by step create a foundation for a new era, turn towards a knowledge-based economy, a digital economy, and to welcome new opportunities of the 4.0 Industry. Binh Duong has been gathering resources on building a new city to become a gateway for international connection and exchange of trade and services, exchanging and transferring technologies at the most advanced scientific level, implementing many projects with high regional connectivity. Currently, the province is also drastically conducting research on logistics and new transportation solutions to create the best conditions for businesses and people.
More than 2 years after its announcement, the World Trade Center Binh Duong New City (WTC BDNC) project has affirmed its position, role and influence on the provincial socio-economic development strategy. With the vision of "Intelligence - connection - creativity", this will be a motivation for Binh Duong to integrate and develop strongly, stimulate high-quality commerce - services and international trade. Despite difficult epidemic conditions, WTC BDNC's online activities have sought and connected with many potential customers in developed countries and territories globally, was useful for commercial activities of enterprises as well as socio-economic of the province.
Ngo Trong Nghia, General Director of KSB Industrial Development Company (North Tan Uyen): KSB is a pioneer investor in North Tan Uyen with the KSB Industrial Park project. This industrial park was comprehensively planned, has complete infrastructure to facilitate industrial growth, at the same time, contributing to changing the urban face and promoting commerce - service development. Currently, we are expanding this project, along with building commercial - service infrastructure to serve the demand for accommodation, shopping, entertainment of workers in the industrial park and the district.
Economic expert, Dr. Tran Du Lich: Binh Duong needs to enhance investment in infrastructure, attract high-quality commerce - services to become a civilized and modern city, a high-quality service area for the whole region. In order to realize the above goal, Binh Duong needs to focus on additional urban planning in the direction of modernity and utility with a Metro line connecting to Ho Chi Minh City. Besides, Binh Duong needs to attract strongly investment in commerce and information technology. Besides, Binh Duong also needs to improve the qualification of human resources, add more high-end service programs, improve supply chains, logistics, infrastructure, and diversify transportation. Thus, the enhancement of investment attraction in high-quality commerce - services not only creates a new face for Binh Duong but also contributes to developing the southern key economic region by binding industry - urban - service together.
Reported by Tieu My - Translated by Ngoc Huynh
