Binh Duong (VNA) – The southern province of BinhDuong has emerged as a spotlight nationwide in economic and industrialdevelopment in 2019.
The locality expects to record a 9.5 percent growth in its grossregional domestic product (GRDP) this year, while GRDP per capita income is estimatedat 146.9 million VND (over 6,350 USD at current exchange rate).
Thanks to efforts made by local authorities, Binh Duong comesthird nationwide in foreign investment attraction in 2019, with total foreigninvestment exceeding 3.07 billion USD, up 50 percent year-on-year, and 119.57percent against the target set for 2019.
Regarding aggregated foreign investment, the province rankssecond, after Ho Chi Minh City. It is now home to 3,755 valid projects worth34.23 billion USD.
Japan takes the lead among 65 countries and territories investingin the locality with 314 projects valued at 5.61 billion USD, making up 14.4percent of the total figure, followed by Taiwan (China) and Singapore.
Binh Duong aims to lure more investment in such sectors ashigh-tech, support industry in service of auto and motorbike manufacturing andassembling, financial services, logistics, high-tech agriculture and newindustry-based sectors./.
Police in the southern province of Binh Duong has started investigation into a criminal case of “terrorism to oppose the people's administration” that happened at the provincial Taxation Department headquarter.
Binh Duong province is studying a project to build a railway route that would extend from the province to Ho Chi Minh City and Dong Nai and Ba Ria-Vung Tau provinces to transport goods in the southern key economic region.
The southeastern province of Binh Phuoc is seeking the construction of a highway from its Chon Thanh district to HCM City and a rail link from the district to Cai Mep-Thi Vai deep-water port in Ba Ria-Vung Tau province to facilitate goods transportation and attract investors.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA) 
