The southern province of Binh Duong ranked third among 63 provinces andcities in the Provincial Economic Integration Index (PEI Index) in2013, marking a great stride it has made in international economicintegration.
The National Committee forInternational Economic Cooperation’s 2013 PEI Index to measureeach locality's capacity to integrate into the global economy wasbased on eight fields, covering infrastructure, culture, local naturalfeatures, human resources, trade, investment and tourism.
The standing was attributed to the locality’s second place ininvestment, third in infrastructure, fourth in human resources, sixth intourism and seventh in trade.
Atthe December 16 workshop screening the province’s economicintegration, experts said in weathering difficulties stemming from thepost-global economic downturn, the southern province has taken healthyand flexible policies to help enterprises to access various investmentsources to better their operations and renovate technologies.
Such efforts paid off as Binh Duong has attracted 1.3 billion USD inforeign investment during the year, accounting for almost 10 percent ofthe country’s total amount.
The locality has so far had 17,259 enterprises operating with a total investment of over 24 billion USD.
The experts, however, suggested Binh Duong further polish its policiesto ensure its investment attraction and international integration issustainable.
The province has recently named sixpriority fields in calling for investment in 2014, includingelectrical-electronic industry, supporting industry, precisionmechanics, basic chemical industry, medical and pharmaceutical equipmentand high-quality food processing.
It will encouragethe application of technologies that help save energy, fuel andmaterials during production, raise the local content as well as valueand competitiveness of products, minimise labour use, and developindustries with regard to environmental protection.-VNA
The National Committee forInternational Economic Cooperation’s 2013 PEI Index to measureeach locality's capacity to integrate into the global economy wasbased on eight fields, covering infrastructure, culture, local naturalfeatures, human resources, trade, investment and tourism.
The standing was attributed to the locality’s second place ininvestment, third in infrastructure, fourth in human resources, sixth intourism and seventh in trade.
Atthe December 16 workshop screening the province’s economicintegration, experts said in weathering difficulties stemming from thepost-global economic downturn, the southern province has taken healthyand flexible policies to help enterprises to access various investmentsources to better their operations and renovate technologies.
Such efforts paid off as Binh Duong has attracted 1.3 billion USD inforeign investment during the year, accounting for almost 10 percent ofthe country’s total amount.
The locality has so far had 17,259 enterprises operating with a total investment of over 24 billion USD.
The experts, however, suggested Binh Duong further polish its policiesto ensure its investment attraction and international integration issustainable.
The province has recently named sixpriority fields in calling for investment in 2014, includingelectrical-electronic industry, supporting industry, precisionmechanics, basic chemical industry, medical and pharmaceutical equipmentand high-quality food processing.
It will encouragethe application of technologies that help save energy, fuel andmaterials during production, raise the local content as well as valueand competitiveness of products, minimise labour use, and developindustries with regard to environmental protection.-VNA
