Business

Over 1 billion USD in FDI poured into Binh Duong

Binh Duong province attracted 1.097 billion USD in foreign direct investment (FDI) as of mid-June, equivalent to 78.3 percent of its yearly plan and up 8.3 percent against the same period last year.
Over 1 billion USD in FDI poured into Binh Duong ảnh 1Illustrative photo (Source: VNA)

Binh Duong (VNA) – Southern Binh Duong province attracted 1.097 billion USD in foreign direct investment (FDI) as of mid-June, equivalent to 78.3 percent of its yearly plan and up 8.3 percent against the same period of last year, according to the provincial People’s Committee.

A total of 113 new projects were licensed in the period with the total registered capital of nearly 731 million USD, while another 64 existing projects registered to increase capital by 367 million USD.

The manufacturing industry was the largest FDI recipient with over 1 billion USD. Meanwhile, the service sector saw 14 new and added capital projects with supplements of 83.6 million USD.

Singapore was the biggest foreign investor in Binh Duong during the first half of the year with seven new and eight added-capital projects, registering a total investment of 359.9 million USD. The Republic of Korea (RoK) ranked second with 149 million USD, while Japan came third with 84.89 million USD.

Notably, Binh Duong province has attracted numerous big projects which match its orientations and plans for local industrial development.

With these results, Binh Duong has attracted 2,700 FDI enterprises so far with a total registered investment of 24.75 billion USD.

In the time ahead, the province will continue accelerating investment promotion activities in key markets such as the US, the EU, Japan, the RoK, Singapore and Taiwan (China), in order to lure investment in centralised industrial zones with projects in supporting industries, taking advantage of Vietnam’s participation in free trade agreements, including the Trans-Pacific Partnership (TPP).

Besides, Binh Duong will pay attention to completing administrative procedure reforms towards publicity, transparency and simplicity, and improving the investment environment, aiming to create the most favourable conditions for enterprises.-VNA

VNA
#foreign direct investment (FDI)
Follow VietnamPlus

Related News

FDI tops 6,000 million USD in four months

FDI tops 6,000 million USD in four months

Vietnam received as much as 6,886 million USD in foreign direct investment (FDI) by April 20, a year-on-year surge of 85 percent, according to the General Statistic Office (GSO).
FDI helps boost industrial infrastructure

FDI helps boost industrial infrastructure

Foreign direct investment (FDI) capital poured into industrial zones (IZs) has rapidly increased recently, bringing large profits for infrastructure development companies.
Binh Duong facilitates foreign investors

Binh Duong facilitates foreign investors

Authorities of the southern province of Binh Duong pledged to create optimal condition for foreign enterprises to operate in the locality, said a local senior official.

See more

Speakers at the thematic session on economic cooperation at the St. Petersburg Chamber of Commerce and Industry on October 16. (Photo: VNA)

Vietnam-Russia trade at structural turning point: report

The report adopts a practical approach, focusing on how businesses operate rather than relying solely on diplomatic assessments. Its aim is to identify ways to translate the two countries’ political goodwill and longstanding trust into tangible economic cooperation.

An overview of the Vietnam-Cambodia International Commerce & Culture Forum 2026. (Photo: VNA)

Vietnam-Cambodia Int’l Commerce & Culture Forum promotes business ties

Alongside the positive growth in bilateral economic and trade ties, Vietnamese Ambassador to Cambodia Nguyen Minh Vu highlighted regular cultural exchange activities, including culture weeks and days, artistic performances and photo exhibitions, which have helped introduce each country’s culture to the people of the other.

Prime Minister Le Minh Hung (C) witnesses the exchange of the Strategic Alliance Agreement between Petrovietnam and PETRONAS. (Photo: VNA)

Prime Minister backs PETRONAS’ further investment expansion in Vietnam

Prime Minister Le Minh Hung praised PETRONAS and the Vietnam National Industry-Energy Group (Petrovietnam) for maintaining a strong partnership for more than 30 years, with joint efforts supporting Vietnam’s energy security, sustainable development and economic growth, as well as those of the Asian region.

The central province of Nghe An holds an investment promotion conference in Seoul on October 15. (Photo: VNA)

Nghe An seeks stronger tech, clean energy ties with RoK

A Nghe An official affirmed the province's commitment to providing a fair and favourable investment environment, preparing cleared land in the expanded Southeast Nghe An Economic Zone, streamlining administrative procedures, and ensuring clean energy infrastructure for investment projects.

Deputy Minister of Foreign Affairs Nguyen Minh Hang (right) meets with US Deputy Assistant Secretary of Commerce for Asia and Acting Executive Director of SelectUSA Kelly Coldiron in Hanoi on October 15, 2026. (Photo: baoquocte.vn)

Vietnam, US propel economic, trade, investment ties

Vietnam considers the US one of its leading strategic partners and wants to continue advancing the Comprehensive Strategic Partnership in a stable, substantive, and effective way for the benefit of its citizens and enterprises, said Deputy Minister of Foreign Affairs Nguyen Minh Hang.

Deputy Foreign Minister Nguyen Minh Hang (R) receives Pamela Phan, former Deputy Assistant Secretary for Asia at the US Department of Commerce, in Hanoi on October 15, 2026. (Photo: baoquocte.vn)

Vietnam, US look to strengthen business, investment ties

Vietnam and the US should further promote business connections and practical cooperation in trade and investment, Deputy Foreign Minister Nguyen Minh Hang told Pamela Phan, former Deputy Assistant Secretary for Asia at the US Department of Commerce, in Hanoi on October 15.

Shoppers at Winmart (Photo: VNA)

National brand programme drives Vietnamese corporate competitiveness

Vietnam’s national brand value reached 462.28 billion USD in 2026, up 45.14% from 2020 and ranking 32nd among 193 countries, according to Brand Finance. The challenge, however, goes beyond climbing the rankings or scaling up. It is turning those gains into lasting competitiveness and getting Vietnamese firms deeper into global value chains.

Loading and unloading steel products at Hoang Dieu–Chua Ve Port, Hai Phong city (Photo: VNA)

Hai Phong city seeks to boost inland waterway transport

According to the Hai Phong Maritime Administration, inland waterways carry coal, agricultural products, ores, stone, cement and other bulk cargoes, helping ease pressure on roads, particularly those connecting seaports and industrial parks.