Want to be in the loop?
subscribe to
our notification
Business News
DEVELOPMENT PHILOSOPHY OF BINH DUONG PROVINCE
Through 25 years of construction and development, Binh Duong province has formed its own philosophy, becoming a guideline for strategies and goals in the coming years.
Building an effective investment business environment
Building an effective business environment is a prerequisite for efficient resource allocation, ensuring maximum productivity, and facilitating the most effective use of labor and capital factors. This will promote the attraction of businesses and investors for production and business activities.
In addition, an effective business environment is a foundation for incubating the innovation process, promoting creative capacity, and unleashing potential capital for the development process. From the experience of attracting foreign investment and becoming one of the leading localities in the country in attracting FDI, Binh Duong province realizes that an effective business environment is not only reflected in the construction of the domestic market, but also in actively participating in the globalization process, taking full advantage of opportunities and effectively dealing with negative external economic impacts.
Building a harmonious, humane and sustainable society
The harmony between economic and social growth will ensure sustainable development. This is drawn from the success of the industrial development model following the complete ecosystem of Binh Duong province. The province has always been consistent with the philosophy of "people-centered for all strategies", considering each resident, migrant worker as an "investor" in compensation and site clearance work and human resources; each investor as "a citizen" in the work of attracting and promoting trade. From there, the province determines the responsibility to build a complete ecosystem, helping all classes to "settle in and work", building a sustainable life in Binh Duong province. It is a strategy to attract humanity, through many generations of provincial leaders.
This is reflected very clearly in the planning and development of existing urban areas, for example, Binh Duong New City, social housing areas, resettlement areas are built interwoven with urban areas. This planning method creates equality in access to social infrastructure such as health care and education, and technical infrastructure, public spaces and services such as parks, supermarkets and stores. This is the foundation for building a humane, sustainable and harmonious society.
Building a dynamic and constructive local government
Over the years, the government of Binh Duong province has always played a fundamental, constructive, driving and bridging role for entities in society to maximize creativity and contribute to the common development. This is evident in the process of administrative procedure reform. The centralized administrative building project has created a turning point, accelerating the process of reforming administrative procedures and one-stop administration in Binh Duong province.
On the other hand, the provincial government always accompanies, supports and removes difficulties for businesses and investors, thereby mobilizing social resources for economic development. This is reflected in the thousands of kilometers of intra-provincial and regional roads, the centralized administrative building built from corporate capital, and the global marketing system of leading enterprises. The companionship of Provincial governments has had an impact on many provinces across the country.
In particular, the cohesion and construction of Binh Duong province's government is further reflected in the Smart City project, with the model of three pillars as the foundation: State - School - Business. In which the provincial government plays a promoting role. School is a pioneer in the fields of education, human development, scientific research and innovation. Businesses put the results of education and the policy of the state into practice.
These things affirm that building a dynamic, cohesive and accompanied government with businesses determines the harmonious, balanced and sustainable development for the whole society, thereby promoting development and overcoming challenges to go up new ladders.
Source: VCCI
Related News
SAFETY IS LIFE – DISCIPLINE IS STRENGTH
At Phuc Vuong, we believe that no project is more important than human life. To us, safety is not just a slogan; it is a vital principle with no exceptions. All these efforts serve one simple goal: to ensure every colleague can work with peace of mind, and every worker returns home safe and sound after every shift. This is our highest commitment and the sustainable foundation that Phuc Vuong always upholds.
DOING BUSINESS WITH CHINA 2.0
As China continues to evolve into a global powerhouse in innovation, technology, and advanced manufacturing, understanding how to effectively engage with this market has never been more critical. Doing Business with China 2.0 is a flagship executive programme designed to equip business leaders with practical insights, strategic perspectives, and first-hand exposure to navigate China’s rapidly changing landscape.
VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026
In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.
VIETNAM’S CREDIT TOPS VND19.18 QUADRILLION, FLOWS INTO PRODUCTION SECTORS
Total outstanding loans in Vietnam’s banking system had reached over VND19.18 quadrillion in the year to March 31, up 3.18% against the end of 2025, with lending largely directed toward production and priority sectors, according to the State Bank of Vietnam. Data released at the central bank’s first-quarter press briefing on April 14 showed that several Government-backed lending programs have recorded notable disbursement progress. A credit package for the forestry and fisheries sectors has been expanded sharply, from VND15 trillion to VND185 trillion.
VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1
Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.
HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS
Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.
























