Binh Duong - EAST INVESTMENT & MANAGEMENT CONSULTING CO.,LTD

Binh Duong - EAST INVESTMENT & MANAGEMENT CONSULTING CO.,LTD

Binh Duong - EAST INVESTMENT & MANAGEMENT CONSULTING CO.,LTD

Binh Duong - EAST INVESTMENT & MANAGEMENT CONSULTING CO.,LTD

Binh Duong - EAST INVESTMENT & MANAGEMENT CONSULTING CO.,LTD
Binh Duong - EAST INVESTMENT & MANAGEMENT CONSULTING CO.,LTD

Destination’ s Information

Binh Duong

Located in the southeast region of Vietnam, Binh Duong is an important investment destination in the Southern Key Economic Zone. In recent years, the province has experienced significant growth in its manufacturing sector. Due to the large number of major roads that run through the province, Binh Duong serves as an important transition point located between Ho Chi Minh City (HCMC) and other regions, such as the Truong Son mountain chain and provinces in the Mekong Delta.

Binh Duong’s economy continues to see strong economic growth, the province’s GDP increased by 13 percent in 2014, and the region attracted US$1.53 billion in foreign direct investment (FDI) – the third highest level of FDI in the country.

In addition to its geographic advantages and economic potential, Binh Duong is steadily improving its labor productivity, infrastructure, and is rapidly urbanizing – achieving Vietnam’s 2nd highest urbanization rate in 2014 (71.6 percent), just behind HCMC (83 percent). Binh Duong is well on its way to achieving long-term sustainable growth.

Geography:

Binh Duong is located in the southern part of the country, just north of HCMC. The province has a population of around 1,748,001 people, living in an area of 1040.3 square miles (or 2,695 sq. km).

Its flat terrain has made Binh Duong a favorable destination for mass infrastructure and industry. The province’s terrain is suitable for both long-term and short-term cropping; key crops include fruit trees and vegetables. However, the region does face some irrigation difficulties during the dry season.

Binh Duong has a tropical climate which comes with an accompanying high level of humidity and temperature almost year-round.  There are essentially just two seasons, raining (May to October) and dry.

There are numerous rivers in the region, the three largest are the Dong Nai, Sai Gon, and Be. The Dong Nai River supplies water for industry, urban areas, and tourism activities. The Sai Gon River is used primarily for transport, agriculture, and fisheries, as well as tourism.

Agriculture, forestry and fishing:

While primarily dedicated to urbanization and industrialization, Binh Duong has a small, but productive, agricultural sector, which accounts for four percent of the regional economy. In 2014, Binh Duong’s agriculture, forestry and fishing sector accounted for VND14,272 billion (US$6,685,000).

The region has a total of 372 hectares using automatic irrigation systems and a total of 126 farms taking advantage of modern technology.

Tourism:

A key tourism sector for Binh Duong is eco-tourism. A popular location for visitors is the Lai Thieu orchards. Additionally, river tours are very popular due to the attractive landscape alongside the waterways.

Tourists are also drawn to towns producing the characteristic traditional handicrafts made in the region. Tuong Binh Hiep is famous for its lacquer painting; Tan Phuoc Khanh and Minh Long are well-known for their porcelain.

During the 2015-2020 period, as a part of its tourism strategic master plan, the province plans to invest US$253 million into a variety of projects, including resorts, eco-tourism areas, and historical areas. During 2015, the government of Binh Duong has set the target of attracting five million local and foreign tourists, for 2020 the target is 6.8 million tourists, and nine million tourists in 2025.

Industries:

Binh Duong is working hard to grow a number of key industries, including building materials, clothing, food processing and subsidiary industries that are providing product components such as wheels, fasteners, buttons, etc. In 2014, industrial output increased by 8.9 percent, compared to 2013.

Industrial parks (IP) have played an important role in helping to grow the region’s economy. Binh Duong currently has 29 IPs with a total area of 36.390 mi2.

According to the Binh Duong Department of Planning and Investment, as of October 2014, there were 2,317 FDI projects in the region, with a value of nearly US$20 billion in FDI.

 

Suport Online
skype
Support 1

0909.722.086

backtop