Vietnam - US trade office established in Binh Duong (Source: VNA)
Binh Duong (VNA) – A Vietnam – US trade office was inaugurated in southern Binh Duong province on November 11 as a joint effort of the Vietnam-US Chamber of Commerce in the US, Binh Duong’s Department of External Affairs and Becamex IDC. 

The move is to facilitate the operation of US companies here, the head of the Vietnam-US Chamber of Commerce in the US, Mai Hoang, said, adding that Binh Duong has a favourable geographical location, which is close to Ho Chi Minh City, several airports and sea ports. 

Vice Chairman of the provincial People’s Committee Mai Hung Dung said Binh Duong has attracted many foreign investors. Many business organisations from Japan, the Republic of Korea and China’s Taiwan have opened their representative offices in the locality. 

According to the provincial Department of Planning and Investment, Binh Duong is currently hosting 2,548 valid foreign-funded projects totalling more than 22 billion USD. 

In the 2010-2015 period, the province drew 7.9 billion USD of investment, 2.5 billion USD higher than the set goal. 

In the next five years, it plans to attract at least 7 billion USD.-VNA