Binh Duong (VNA) – A dialogue with Singaporean firmsand “Meet Singapore 2023” took place in the southern province of Binh Duong onDecember 11.
The event was co-chaired by Chairman of the provincial People’sCommittee Vo Van Minh and Singaporean Consul General in Ho Chi Minh City RoyKho.
So far this year, Binh Duong has attracted a total of 1.47billion USD in foreign direct investment. To date, it has recorded 4,211 projectsfrom 65 countries and territories, with a total investment capital of 40.3billion USD. Singapore ranks fifth in terms of the number of projects, with 294 valued at 5.4 billion USD.
Director of the provincialDepartment of Planning and Investment Pham Trong Nhan updated firms about taxincentives and investment opportunities in the locality.
Representatives from departmentsand agencies answered questions regarding solar power, issuance of labour permits,value-added tax, and other issues.
Minh committedto efforts to improve the business environment and create favourable and transparentconditions with the goal of simplifying administrative procedures to the maximumextent possible.
The province is givingpriority to infrastructure, particularly in transportation, electricity, water andenvironment treatment, to facilitate sustainable development, he said, addingthat local leaders always stand side by side with foreign investors.
♕ On the occasion, hethanked foreign investors for accompanying the province during the pastmore than 26 years of development./.
The wood industry in the southern province of Binh Duong is experiencing a positive recovery, with many firms reporting an increase in orders and employment, as a result of the furniture export recovery, proactive technology innovation and marketing strategies.
A high-level forum on green growth is expected to be held in the southern province of Binh Duong next year as its organisation plan was discussed at a meeting between the European Chamber of Commerce in Vietnam (Eurocham) and local leaders on November 20.
A total of 5,766 new enterprises were established in the southern province of Binh Duong in the first 10 months of this year with a total registered capital of 43,155 billion VND, an increase of 3.6% in number and 21.9% in capital compared to the same period last year.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
At the event (Photo: baobinhduong.vn) 
