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Economics

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To elevate the position of Binh Duong

 In order to build up an important foundation for planning and development corresponding to the new situation, Binh Duong province has developed Binh Duong Smart City project with a Triple Helix model. This implementation has brought many accomplishments and meaningful contributions to the provincial economic growth, affirmed the brand name and reputation of Binh Duong and reached to international level.

Binh Duong New City World Trade Center's project is officially started in November 2019.

 To create new motivation

To execute the Smart City project, since 2016, Binh Duong has gradually built high-quality transport infrastructure, connected industrial parks in the province with the Southern key economic region, creating a favorable and stable investment environment. With the geographical advantage of a central area in the region, Binh Duong is gradually strengthening its role in regional, inter-regional relationships, and international connectivity.

Aiming at the goal of creating new impetus on the development path of a smart, sustainable and faster integrated city in the globalization process, in November 2019, Provincial People's Committee announced the project of World Trade Center of Binh Duong New City (WTCA BDNC). With a strategic location in the new city, WTC BDNC plays a vital role to connect all aspects. The center is built on an area of 7 hectares and comprises a central station on Binh Duong - Suoi Tien Metro line that will connect to Ho Chi Minh City and the whole southern key economic region. This is an important transit point in the new city's public transport system.

In the immediate future, Binh Duong is working on a project to strengthen the capacity of public transport and bus rapid transit (BRT) connecting Ho Chi Minh City - Binh Duong. Accordingly, the beginning and end terminals of the project are New Eastern bus station (Ho Chi Minh City) and Central Station in Binh Duong New City. It is expected that this BRT route would run along My Phuoc - Tan Van and Pham Ngoc Thach streets... Currently, Binh Duong is also studying smart logistics and smart transportation to create the best conditions for businesses and people.

To reach to international level

In 2018, Binh Duong smart region achieved Smart21 (one of the 21 cities with outstanding development strategies for smart city in the world). This proved that Binh Duong's steps on the road towards a smart city were effective, consistent with the common trend, elevating Binh Duong to a new position in the international arena. This event opened a new opportunity enabling Binh Duong to connect with more than 180 prosperous smart cities around the world. In addition, the province's efforts in building innovative scientific communities, smart urban areas, and high-tech service production economy have been initially supported by the world scientific community.  Binh Duong was also been admitted to the World Technopolis Association (WTA) with 105 members from 47 countries. At the same time, the province was chosen to host the 20th WTA Asia anniversary in October 2018. This shows that Binh Duong is gradually forming an initial foundation to create new breakthroughs.

Furthermore, Binh Duong has continuously launched new programs for the smart city, made socio-economic breakthroughs, became an official member of World Trade Center Association (WTCA). Binh Duong continuously hosted a series of world-class events, such as Horasis Asia Meeting, Global Innovation Initiative Meeting, WTA Asia... created a big buzz and breakthroughs in investment attraction, cooperation to exchange international experience, contributing to the successful construction of Binh Duong Smart City.

* Tran Thanh Liem, Deputy Secretary of Provincial Party Committee, Chairman of  Provincial People’s Committee, asserted: Horasis Asia Meeting helped the province to find important modern solutions to reallocate the province's development resources more efficiently, and would be applied appropriately into provincial actual situation in the coming time. Horasis Asia Meeting contributed to provincial dynamic economic and ready for international integration; effectively serve the process of industrialization, modernization and realization of the development objective of Binh Duong to become a smart city, bringing a better life for the people.

* Member of the Politburo, former Deputy Prime Minister (currently Secretary of Hanoi City Party Committee) Vuong Dinh Hue: I am really excited and proud to see Binh Duong make a large step of transformation, a vigorous growth, has gradually asserted its position not only in the country but also in the international arena. The dynamic growth of Binh Duong not only brings tremendous resonance power to the southern key economic region, but also makes an important contribution to the overall development of the country. Especially, with the implementation of the Smart City project with specific and practical activities, Binh Duong province once again creates a solid foundation for a worth-living Binh Duong city in the future.

* Tran Van Nam, Member of the Party Central Committee, Secretary of Provincial Party Committee, Head of Provincial National Assembly Delegation: In recent years, Binh Duong province has been making efforts to promote bilateral and multilateral cooperation in various fields, in order to stimulate socio-economic development, enhance integration and competitiveness in the national arena. The province has been implementing a project to build Binh Duong Smart City 2021, vision towards 2030, which is a breakthrough program on socio-economic development to gradually raise the position of Binh Duong equally to the region and the world.

* Tran Thanh Liem, Deputy Secretary of Provincial Party Committee, Chairman of Provincial People’s Committee, asserted: Construction of smart cities is an inevitable development trend. Smart urban development model creates a premise to build synchronous solutions in development policies; Especially for Binh Duong province, a province with a high economic growth rate, with a rapidly growing mechanical population, and an increasingly strong urbanization process, smart urban planning and construction is an urgent issue.

* Fujiwara Yutaka, Deputy Director of Japan Department of Economic, Industrial and Commercial Cooperation: I am very impressed with the Smart City model of Binh Duong. I appreciate the 11 key projects in 2020 executed by Binh Duong; and will introduce this breakthrough idea to Japanese government agencies".

* Michael Croft, Head of Unesco Office in Hanoi: Binh Duong can be considered as an example of smart city development. We appreciate efforts of the province in developing and constructing of smart city. The difference here is the harmonious combination of elements of the private economy and the participation of the state economy. We've found that only Binh Duong is going to get the most out of Smart city's concept, not only focusing on technological elements but also the core elements of humanities and human roles. We aim to support the connection of Binh Duong with other cities, creating a large-scale network of connected localities for exchange, learning experiences in technical science and humanitarian elements".

Reported by Phuong An - Translated by Ngoc Huynh

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