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Binh Duong draws FDI after entering new normal

The southern province of Binh Duong on October 18 held an online meeting with executives of Japan’s NTT East and Tokyu Groups to discuss measures to effectively attract investment there.
Binh Duong draws FDI after entering new normal ảnh 1Illustrative image (Photo: VNA)

Binh Duong (VNA) – The southern province of Binh Duong on October 18 held an online meeting with executives of Japan’s NTT Eastand Tokyu Groups to discuss measures to effectively attract investment there.

Speaking at the event, Secretary of the provincial Party Committee NguyenVan Loi said the province strives to have all online public services levels 3and 4 added to the national public service portal by 2025. At least 90 percentof local residents will be satisfied with the handling of administrativeprocedures.

Binh Duong draws FDI after entering new normal ảnh 2(Photo: VNA)

Deputy General Director of the NTT East Tanabe said this year, the groupis preparing to become a strategic shareholder of the Vietnam Technology and TelecommunicationJSC, a member of Becamex IDC, to contribute to building infrastructure forsmart city.

General Director of the Tokyu Group Takahashi said in the near future,Tokyu and Vietnam’s Becamex IDC will build a new shopping mall in Binh DuongNew City, which also houses Japan’s AEON supermarket.

Loi expressed his hope that investors will pay more attentionto railway projects, and believed that projects on transportation, shoppingcentres and public transport system will become models in Vietnam.

Binh Duong draws FDI after entering new normal ảnh 3At the event (Photo: baobinhduong.vn)

In the past nine months, Binh Duong’s industrial production index wentup 2.93 percent, total retail of goods and services increased by 1.9 percent, and exports and imports up 26.7 percent and 34 percent, respectively. The provincealso drew over 1.5 billion USD in foreign direct investment.

So far, about 85 percent of local enterprises have resumed theiroperations.

Japan now ranks second among 65 countries and territories investing inBinh Duong with 327 projects worth 5.7 billion USD./.

VNA
#southern province of Binh Duong #Vietnamplus #Vietnam News Agency #NTT East #Tokyu Group #online public services #Becamex IDC #industrial production index Binh Duong
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