Business

Vietnamese, British firms shake hands in developing Binh Duong smart city

Vietnam's Becamex IDC signed a cooperation programme with The Connected Places Catapult (CPC) of the UK on developing the Binh Duong smart city, the Innovation Region and the Science-Technology Industrial Park in the southern province of Binh Duong during an online ceremony on November 2.
Vietnamese, British firms shake hands in developing Binh Duong smart city ảnh 1A bird view of Binh Duong (Photo: VNA)
Binh Duong (VNA) – Vietnam's Becamex IDC signed a cooperation programme with The Connected Places Catapult (CPC) of the UK on developing the Binh Duong smart city, the Innovation Region and the Science-Technology Industrial Park in the southern province of Binh Duong during an online ceremony on November 1 (Vietnam time).

The event saw the attendance of Vietnamese Minister of Information and Communications Nguyen Manh Hung, Secretary of the Party Committee of Binh Duong Nguyen Van Loi, and Chairman of the provincial People’s Committee Vo Van Minh, and British Consul General in Ho Chi Minh City Emily Hamblin, among others.

Standing Vice Chairman of the People’s Committee of Binh Duong Mai Hung Dung said that the province welcomes the cooperation between the two firms, considering it an ideal chance for the southern industrial hub to foster connections with UK technology and innovation businesses, thus making full use of UK technologies in boosting the development of Binh Duong in the new period.
Vietnamese, British firms shake hands in developing Binh Duong smart city ảnh 2At the signing ceremony (Photo: VNA)

Objectives of cooperation between the two sides include forming a complete model of investment attraction with core values. It comprises the establishment of a science-technology centre with the coordination among local government, businesses and research institutions; the promotion of industrial sectors with high science-technology content and high added value; and the development of renovation programmes and the attraction of high-quality foreign direct investment to Binh Duong.

Addressing the ceremony, Minister of Information and Communications Nguyen Manh Hung underlined that Vietnam is a promising market for UK firms.

He held that the CPC’s collaboration with the Vietnamese partner will pave the way for Vietnam and Binh Duong in particular to draw more British investors./.
VNA
#Becamex IDC #The Connected Places Catapult (CPC) #Binh Duong smart city #foreign direct investment #British investors #Vietnam #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

PM Pham Minh Chinh hosts business, university leaders in UK

PM Pham Minh Chinh hosts business, university leaders in UK

Prime Minister Pham Minh Chinh hosted leaders of ten foreign corporations and leading British universities in Edinburg, Scotland, on October 31 (local time), as part of his visit to the UK for the 26th United Nations Climate Change Conference (COP26).
Vietnam, UK sign 26 cooperation deals

Vietnam, UK sign 26 cooperation deals

Prime Minister Pham Minh Chinh attended and witnessed a ceremony to sign 26 cooperation agreements between ministries, sectors and businesses of Vietnam and the United Kingdom on October 31 (London time).
Vietnam, UK boost education cooperation

Vietnam, UK boost education cooperation

The Plan of Action on tertiary education between the Vietnamese Ministry of Education and Training and Wales authorities in Edinburgh city, Scotland was exchanged on October 31.
Vietnam, UK enhance cooperation in digital economy, digital transformation

Vietnam, UK enhance cooperation in digital economy, digital transformation

Vietnamese Minister of Information and Communications Nguyen Manh Hung and the UK’s Parliamentary Under Secretary of State at the Department for Digital, Culture, Media and Sport Chris Philp signed a Letter of Intent on cooperation in digital economy and digital transformation on November 1 (London time).

See more

At the working session (Photo: VNA)

Can Tho, Guangxi seek collaboration in logistics, supply chains

Chinese investors now back 35 projects in Can Tho with registered capital of nearly 1.2 billion USD. In the first seven months of 2026, Can Tho’s exports to China hit 77.5 million USD, while imports stood at 64.7 million USD. Key exports included rice, seafood, farm produce, processed agricultural products and apparel while main imports comprised agricultural chemicals, veterinary medicines, fertilisers, chemicals, fabrics and other materials and inputs.

Vietnamese Minister of Finance Ngo Van Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, Russia move to boost financial cooperation

On bilateral economic, trade and investment ties, Tuan said two-way trade hit 3.24 billion USD in the first seven months of 2026, up 12% from a year earlier. Vietnam’s exports to Russia totaled 1.33 billion USD, while imports amounted to 1.91 billion USD.

Cai Mep - Thi Vai Port complex in Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City seeks to make seaports new growth driver

To maximise its seaport advantages, Ho Chi Minh City is developing smart and green ports while promoting clean energy, lower emissions and sustainable supply chains. It aims to establish an integrated ecosystem linking seaports with industrial parks, logistics centres, free trade zones, multimodal transport networks and an international financial centre.

Farmers visit the off-season durian orchard of Cao Chi Dai in Vinh Hanh commune, An Giang province (Photo: VNA)

Vietnam promotes finance for green agriculture

Over the past five years, Vietnam has developed and gradually implemented a green finance system to support low-emission and environmentally friendly production, including agriculture. Based on the State Bank of Vietnam's Directive No. 03/CT-NHNN dated March 24, 2015, banks including BIDV, VCB, HDBank and Agribank have introduced green credit packages for waste treatment, high-tech agriculture, digital transformation, regional linkages and emission reduction across production chains.

An overview of the meeting between representatives from Polish businesses and the Agency for Domestic Market Surveillance and Development. (Photo: Agency for Domestic Market Surveillance and Development)

Polish businesses seek suppliers, partners in Vietnam

MAJAMI, a confectionery manufacturer and trader under Sweet House, is seeking distributors for Polish confectionery products in the Vietnamese market. Meanwhile, GABONA, a distributor and wholesaler of professional cosmetics, hair care and make-up products and beauty accessories, is looking for Vietnamese manufacturers of vegan and natural cosmetics.

Kendra Rinas, Chief of Mission for IOM Vietnam speaks at the event. (Photo: VNA)

Vietnam advances in building, using migrant labour data system: workshop

Data presented in the report reflects effective migration governance in recent years. The average recruitment cost paid by migrant workers dropped by 23.8%, from 164.9 million VND (6,400 USD) in 2021 to 125.7 million VND in 2025. Conversely, average first-month earnings abroad rose by 25.4%, increasing from 22.4 million VND to 28.1 million VND.

Workers produce leather shoes for export at Lefaso Tra Vinh Investment and Production Joint Stock Company in Tra Cu commune, Vinh Long province. (Photo: VNA)

Vietnamese exporters pivot to ease pressure from US tariffs

Pressure from the new US tariff policy is prompting Vietnamese exporters to reassess their strategies. Rather than pursuing volume-driven growth, many are shifting towards higher-value orders, tighter cost control, greater productivity and a more balanced allocation of markets to reduce reliance on a single destination.

A worker handles and stacks goods. Nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%. (Photo: VNA)

Firm entry and exits point to continued restructuring pressure

Updates from the National Statistics Office last week showed that nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%.

A Vietnamese business introduces durian cakes to Chinese visitors at the 22nd China-ASEAN Expo (CAEXPO) in 2025. (Photo: VNA)

Vietnam steps up trade, investment promotion at China-ASEAN Expo

According to the CAEXPO Secretariat, Vietnam will once again lease an entire exhibition area of about 3,000sq.m, featuring 170 booths, making it one of the ASEAN countries with the largest exhibition spaces at this year’s event. Nearly 100 Vietnamese businesses have confirmed their participation, including major brands such as Trung Nguyen Group, TH Group, Saigon Coffee and Biti’s.