The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The partnership will focus on studying and recommending LRT routes that connect the city’s transport network with urban development zones, industrial parks, and TOD areas. The research will cover Thu Dau Mot city and surrounding areas, with completion scheduled before August 15, 2025.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Binh Duong is always ready to closely coordinate with prestigious international investors in the technology sector, a local leader told an executive of MiTAC, a Taiwan-based technology multinational.
If everything stays on track, the new setup could start test runs as early as June 15, said Politburo member and Secretary of the municipal Party Committee Nguyen Van Nen.
The new city, formed through the merger of Binh Duong, Ba Ria–Vung Tau, and Ho Chi Minh City, is envisioned as an international financial hub and a centre for science, technology, innovation, logistics, and regional cooperation — comparable to other leading Asian megacities.
The resolution affirms that in a socialist-oriented market economy, the private sector is one of the most important driving forces of the national economy. On that foundation, the upcoming mergence of Binh Duong and Ba Ria–Vung Tau provinces into Ho Chi Minh City will create conditions to form a mega-urban region integrating industry, finance, seaports, and innovation.
Localities in the southeastern region are augmenting efforts to better the investment climate, further enhancing their attractiveness to both domestic and foreign investors.
The establishment of a new centralised information technology (IT) zone in Binh Duong Province marks a significant step in the locality’s digital transformation strategy and its ambition to build a knowledge-based economy.
Binh Duong is steadily becoming a prominent example of smart urban development in Vietnam and the region. The city has received multiple accolades from the Intelligent Community Forum (ICF), progressively establishing itself as a model smart city that is modern and environmentally friendly.
The groundbreaking ceremony, held in Binh Duong province, was attended by Deputy Prime Minister Nguyen Chi Dung, Deputy Minister of Science and Technology Pham Duc Long and leaders from universities, research institutions and international partners.
At the parade, the military formations of China, Laos and Cambodia left a strong impression. The Lao military formation marched in unison, demonstrating a high sense of discipline; the Chinese delegation was solemn with 118 soldiers of the Honour Guard while the Cambodian delegation left their mark with their closeness and friendliness, conveying the spirit of solidarity and friendship with every step.
Since the beginning of this year, the labour market in the key southern economic zone has recovered as domestic and foreign economies have gradually adapted to fluctuations in the global supply chain, raw material prices and operating costs.
Under the agreement, the centre will be developed based on the Fraunhofer model, Europe’s renowned innovation platform, focusing on applied research and innovation to serve industry and society. The partnership will centre on two key pillars of project management (financial planning and public-private partnerships) and and scientific research (feasibility study and development strategies of semiconductor and microelectronics sectors in Vietnam).
Binh Duong is also developing a coordination framework between the provincial Public Administration Service Centre and such centres at the commune level to streamline administrative services.
Emerging from its wartime resilience to achieving extraordinary growth during the nation’s renewal period, Binh Duong continues to assert itself as a leading economic driver.
Metro Line No.1 is of particular significance as demand for travel between Binh Duong and HCM City is increasing rapidly, particularly as Binh Duong is one of the largest industrial hubs in Vietnam,
