Binh Duong is one of the provinces that have been developing in Vietnam. According to the Department of Planning and Investment of Binh Duong province, accumulated up to now, Binh Duong has attracted over 4,000 foreign investment projects (FDI) with a total registered capital of nearly 40 billion USD, ranking second in the country in terms of attracting FDI investment. Among the countries investing in Binh Duong, South Korea ranked 5th with 756 projects, with a total capital of nearly 3.3 billion USD, accounting for 19% of projects and 8% of the province's total FDI capital.
Binh Duong always prioritizes projects with high technology, advanced, environmentally friendly, less labor intensive, creating high added value...in order to meet the requirements of green and sustainable development.
Some notable Korean business collaborations and investments in Binh Duong:
Kumho Tire Vietnam Co., Ltd. spent 128.3 million USD in the production of automobile tires.
DCT Partners Vietnam Co., Ltd. invests 100 million USD in hotel, commercial center, and high-rise housing projects.
With a total capital of $60 million USD, Orion Vina Food Company Limited invests in candy manufacture.
Lotte Group makes a $40 million investment in a retail center...
In addition to the above projects, from September 14 to September 17, 2023 - Learn & Play Festival was held in Binh Duong province with a variety of activities, creating a playground for children. children and families in Binh Duong province and other neighboring provinces.
In Vietnam, this is a large-scale Education and Entertainment event. LAPF 2023 will bring together more than 300 domestic and foreign businesses to encourage the growth and improvement of business collaboration in a variety of industries, including education, children's games and toys, and mother and baby items.
An important key for Binh Duong to promote investment attraction from the Korean key market is that the province's economic development policy in the coming period will focus on industries and fields that Korean investors care about. industries such as processing, manufacturing, electronics, real estate, construction, transportation and warehousing, commerce, healthcare... The province is implementing many measures to attract investment from Korea's strategic partners. into industrial zones of the province with clear and favorable planning and preferential policies.
For further information, please contact:
Phone: 0964 093 931(Ms. Vi) or 0339 142596 (Ms. Yến)
Email: vi.mhh@becamex.com.vn
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