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Binh Duong has the highest GRDP growth index in the southern key economic region

Binh Duong grows GRDP

Mai Hung Dung – Vice Chairman of Binh Duong Provincial People’s Committee said that Binh Duong has the highest GRDP growth index in the southern key economic region, at the 2022 Vietnam Industry and Manufacturing Exhibition held on 8/02. 6, at the World Trade Center Binh Duong New City.

Clip: Vietnam Industry and Manufacturing Exhibition in 2022 Binh Duong

Specifically, in the first quarter of 2022, Binh Duong’s GRDP growth reached 5.8%. Particularly in the second quarter of 2022, Binh Duong’s GRDP growth increased by 8.6%. For both quarters, Binh Duong’s GRDP growth was 6.85%.

“It can be said that this is the highest GRDP growth index in the southern key economic region,” Dung said.

Mr. Mai Hung Dung - Vice Chairman of Binh Duong Provincial People's Committee spoke at the opening ceremony of Vietnam Industry and Manufacturing Exhibition in 2022. Photo: Nguyen Vy

Mr. Mai Hung Dung – Vice Chairman of Binh Duong Provincial People’s Committee spoke at the opening ceremony of Vietnam Industry and Manufacturing Exhibition in 2022. Photo: Nguyen Vy

According to the leader of the People’s Committee of Binh Duong province, in recent years, the growth rate of the gross domestic product (GDP) of Binh Duong has always been high and stable. The economic structure has shifted in the right direction, industry still accounts for the majority of the economic development of the province.

Industrial production index of Binh Duong alone increased by 9.3% on average.

Leaders of Binh Duong province visit technology exhibition booths.  Photo: Nguyen Vy

Leaders of Binh Duong province visit technology exhibition booths. Photo: Nguyen Vy

Regarding the industry, through more than 20 developments, Binh Duong has always been consistent with the motto of spreading flower mats to invite investment and constantly reforming administrative procedures to create maximum convenience for businesses.

Accumulated at the end of May 2022, Binh Duong province has attracted more than 4,047 foreign investment projects. Total investment capital of 39.5 billion USD, is one of the three provinces attracting the most FDI in the country.

Mr. Dung said that the 2022 Vietnam Industry and Manufacturing Exhibition is an opportunity to share advances in technology development, industry and automation.

Industrial production index of Binh Duong increased by 9.3% on average.  Photo: Nguyen Vy

Industrial production index of Binh Duong increased by 9.3% on average. Photo: Nguyen Vy

Thereby, individuals and organizations can find new technological solutions to innovate production, improve the quality and competitiveness of Vietnamese products and services in the world market.

With an innovative orientation in attracting investment and a desire to become a unique model of prosperous development thinking, Binh Duong wishes to become an attractive destination for businesses with automatic production machinery technology. high,” shared Mr. Dung.

Vietnam Industry and Manufacturing Exhibition is an international trade promotion event held annually.

The Vietnam Industry and Manufacturing Exhibition in 2022 attracts 250 booths to exhibit and introduce many technology products and services suitable for the dynamic industry in Binh Duong as well as neighboring provinces.

Customers visit technology exhibition booths at the Vietnam Industry and Manufacturing Exhibition 2022. Photo: Nguyen Vy

Customers visit technology exhibition booths at the Vietnam Industry and Manufacturing Exhibition 2022. Photo: Nguyen Vy

According to Mr. Nguyen Viet Long – Director of Binh Duong Department of Science and Technology, this exhibition has great significance for Binh Duong.

The exhibition attracts many corporations and businesses from many countries around the world. Businesses can come here looking for networking opportunities to promote the application of technology in production.

Binh Duong Department of Science and Technology will continue to strengthen trade promotion, support businesses to connect experts and units specializing in technology and automation.

Binh Duong always wants to create a breakthrough and innovation in attracting investment in the area, focusing on industrial development in the direction of prioritizing technology production projects and high added value.

“Binh Duong encourages investment in the development of supporting industries in the production and assembly of machinery and equipment, electronics, service development and high-tech agriculture,” said Mr. Long.

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