Hotline: 0274 383 347
Friday, 5-6-26 19:13:06

Economics

Hotline: 0274 383 347

Waiting in front of the TPP: Many investors are interested in Binh Duong

Representatives of groups, business associations from Italia, South Korea…have recently visited and learnt about Binh Duong’s investment climate, opportunities when Vietnam is officially admitted into the Trans-Pacific Partnership Agreement (TPP). Noticeably, Binh Duong has prepared an auxiliary industrial park (IP) with perfect infrastructure and continued expanding many other Ips… 

Le Thanh Cung, Chairman of provincial People’s Committee (right) receiving Chairman of KoCham

Not ignoring opportunity

Established in 1956, Italia’s Bofiglioli Company is specialized in making gearboxes, agricultural machines and motorcycles for big motorcycle manufacturers like Ducati, Gilera, Moto Morini…The company’s strong point in business now lies in industrial manufacture, photo electricity, power energy and mobile phone.

Through its partners and the media, leaders of the company has realized that Vietnam is emerging as an attractive country to investors. And Binh Duong is a locality with favorable investment climate. Sonia Bonfiglioli, Chairwoman of Bofiglio Company arrived in Binh Duong and learnt about the local investment climate. Le Thanh Cung, Chairman of provincial People’s Committee received her and applauded her visit to Binh Duong in research of the local investment climate. At the reception, she said that provincial leaders would create favorable conditions for the company to implement its project in Binh Duong. He also wanted that she would introduce Binh Duong to Bologna and Emilia-Romagna enterprises for making investment in industries being called for investment by the province like construction, education, health…

Mrs.Bonfiglioli said: “Through the visit, Bonfiglioli Company will not ignore any opportunities to invest in manufacture of industrial, electrical equipment…with high technologies. I will also directly introduce Vietnam’s favorable investment climate and Binh Duong as a highlight of the country to Italian enterprises”.

Quickly grasping advantages

Lee Chong He, Chairman of the Korean Chamber of Commerce (KoCham) said that KoCham was interested in the TPP and has had preparations, helping Korean enterprises in Vietnam be able to grasp and take full advantage of this opportunity. Along with many current advantages, the birth of an auxiliary IP in Binh Duong will facilitate and raise enterprises’ competitiveness. KoCham will further support Korean enterprises to make investment in Vietnam and Binh Duong.

Park In Kii, former Chairman of KoCham said: “Binh Duong has built up a comprehensive traffic system together the efforts by the local administration in reforming administrative procedures, facilitating investors’ development. Our strong point lies in the industries of garment & textile, plating and electronics. Joining the TPP is a new hallmark for Vietnam’s evolution. Construction of an auxiliary industrial park with fully-made infrastructure for garment-textile and plating industries has expressed Binh Duong’s vision for development. We have to quickly catch this opportunity to uphold our competitive ability and other many advantages when Vietnam is officially admitted to the TPP…”.

Mr.Cung thanked again KoCham’s attention and attachment to Binh Duong’s investment climate while emphasized: “Provincial leaders will create favorable conditions for investors’ development, thereby opening opportunities for the province to further absorb more investors”.

Reported by Duy Chi-Translated by K.T

Tags:

Green development under local characteristics

With various industrial parks (IPs) already built or planned for future investment, Bau Bang district has identified green industry as its strategic path

Vietnamese products grab spotlight at Algiers int’l fair 2025

Vietnamese goods are gaining international attention at the 56th Algiers International Fair (FIA 2025), held from June 23–28 in Algeria's capital.

OCOP programme hits milestone with 126 five-star products nationwide

The National Council for the Evaluation of OCOP Products on Tuesday announced the recognition of 47 new five-star-rated products under the One Commune One Product (OCOP) programme,

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

Establishing a framework for the reorganization of the global supply chain

In light of the global economy being influenced by various factors such as supply chain disruptions,

Opening doors for workers to own housing

With the strong support of the government, active participation from the banking system, and the attention of provincial leaders and businesses, access to social housing for workers and low-income individuals is widening.

Tan Uyen city enhances the inspection and enforcement of trade violations

In accordance with the directives of the Provincial Steering Committee for the Prevention of Smuggling, Trade Fraud,

Total tax revenue in Binh Duong reaches 63.7% of estimate

On June 23, Tax Department of Region XVI held a conference to review tax work for the first six months of 2025, outline tasks for the remaining six months, and honor exemplary enterprises.

Elevating development

Amid the current global economic landscape, which is being significantly impacted by shifts in supply chains, trade dynamics

Enterprise - Brand

Company Social Media Net

Company VIETNAMNAY

Company HANEL MIROLIN

Company Keangnam - vina

Company HP Travel

Company Keloph