Since the beginning of this year, the labour market in the key southern economic zone has recovered as domestic and foreign economies have gradually adapted to fluctuations in the global supply chain, raw material prices and operating costs.
Emerging from its wartime resilience to achieving extraordinary growth during the nation’s renewal period, Binh Duong continues to assert itself as a leading economic driver.
In recent years, Ho Chi Minh City has achieved significant milestones, continuing to serve as a major hub leading in economics, finance, trade, culture, science and technology, innovation, and education for the Southern Key Economic Region and the entire country.
With sustained economic growth over years, Vietnam continues to impress and attract an increasing number of Chinese investors, participants said at an investment and trade forum between Ho Chi Minh City and China’s Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in the southern economic hub on December 17.
The southern province of Tay Ninh introduced its tourism potential and investment opportunities to diplomats and businesses of 15 countries at a meeting in Tay Ninh city on August 22.
The southern province of Binh Phuoc introduced its potential and incentives to invite European investors to invest in industry, trade, and high-tech agriculture in the province at a business forum held in Dong Xoai city on March 12.
The industrial real estate market in the south was vibrant and thriving in the third quarter, with many ready-built factories and warehouses entering the market, according to real estate research companies.
Southern localities remain attractive destinations for Japanese investors thanks to the completion of infrastructure systems and an improved business environment.
The southern province of Binh Phuoc has been implementing several groups of tasks and measures for fostering foreign investment cooperation so as to attract major foreign enterprises.
Party General Secretary Nguyen Phu Trong on January 2 signed off the Politburo’s Resolution No 31-NQ/TW on orientations and tasks for the development of Ho Chi Minh City by 2030, with a vision to 2045.
The southern province of Dong Nai, with its geographical and transport strength, has the advantage to promote selective attraction of foreign direct investment (FDI).
National Assembly Chairman Vuong Dinh Hue congratulated the southern province of Binh Phuoc on its socio-economic achievements, during his working session with the standing board of the provincial Party Committee on October 1.
President Nguyen Xuan Phuc on August 2 urged the southern province of Dong Nai to create changes in both mindset and action, and help to spur development in adjacent localities.
Prime Minister Pham Minh Chinh stressed the need to take a joint mechanism managing the development of the southeastern region and the southern key economic region in general while chairing a conference in Ho Chi Minh City on July 9.
Binh Phuoc, a province in the southern key economic region, recorded a trade surplus of nearly 700 million USD in first half of 2022, according to the provincial People’s Committee.
Ho Chi Minh City has proposed an international transit terminal worth about 6 billion USD be built in Can Gio district, and this terminal will be able to handle the world’s largest cargo vessels at present.
Prime Minister Pham Minh Chinh has required Binh Phuoc, as the largest province in term of area in the southern region, to study its potential and opportunities as well as position in the region and the country's development in order to issue suitable programmes, plans and solutions toward becoming an important development motivation in the Southern key economic region.
Although the fourth wave of the pandemic negatively affected local production and businesses, the inflow of foreign investment to the southern key economic region increased significantly in 2021.
