The southern province of Bình Dương has issued a socio-economic development plan, focusing on becoming a centrally-run city by 2030, alongside major centres of Hà Nội, HCM City, Hải Phòng, Đà Nẵng, and Cần Thơ.
Accordingly, this locality aims to become a modern and livable urban area by 2030 with an economic growth rate from now to 2030 averaging 9-10 per cent. The transportation system connecting intra-regionally and inter-regionally will be completed to become a trade hub.
The province also expects to increase the proportion of the service industry to 30 per cent of its gross regional domestic product (GRDP), especially high-quality service industries, in the direction of becoming a financial, commercial, educational and health care centre in the region. GRDP per capita will reach VNĐ393-419 million and the urbanisation rate will reach over 90 per cent.
Regarding industry, Bình Dương has been forming specialised industrial parks and high-tech industrial parks into an industrial belt. The province also aims to develop the fields of culture, society, education/training, and healthcare to become among the leaders in the country. The proportion of the digital economy in 2030 will reach 30-35 per cent of total GRDP while the number of unemployed people will be below 3 per cent.
To achieve these indicators, Bình Dương proposes many solutions and tasks. In particular, it plans to synchronise transport infrastructure connecting with Tân Sơn Nhất Airport in HCM City and Long Thành Airport in Đồng Nai Province, Cái Mép – Thị Vải Port in Bà Rịa-Vũng Tàu Province and build Sóng Thần Station to become a cargo transit hub in the Southeast region.
The province is also planning about 10,000 hectares of industrial parks to go in a green direction, applying high technology to become carbon neutral. Industrial, urban, service and logistics belts will be built around Ring Road No. 3 and 4 in HCM City and highways throughout the area.
The province’s agricultural sector accounts for a low proportion of economic output, and is encouraged to transform towards ecology, apply technology for sustainable development, protect the environment, and create a closed chain from farming to consumption. In the education sector, the province encourages higher education institutions to establish science and technology enterprises and cooperate with many parties to develop research.
The province’s cities such as Thủ Dầu Một, Dĩ An, Thuận An, and Tân Uyên, are oriented to develop as urban centres. Bình Dương also reserves land funds for hypermarkets and office buildings to form financial centres in these areas. The river area is oriented to develop tourism along the Sài Gòn River and Đồng Nai River, forming urban areas along the river, and connecting Tây Ninh – Bình Dương – HCM City.
Bàu Bàng, Dầu Tiếng and Phú Giáo districts will be developed into high-quality entertainment, recreation, medical examination and treatment, and logistics centres, and connect with neighbouring areas of Tây Ninh and Bình Phước.
Bình Dương is the industrial capital of the Southeast region, and has seen rapid development over the years. According to results announced by the General Statistics Office, Binh Dương was the locality with the highest per capita income in the country in 2022, reaching more than VNĐ 8 million per person per month.
In the first 10 months of this year, Bình Dương industrial production index increased by 4.2 per cent over the same period a year earlier, the value of trade and services reached VNĐ251 trillion, an increase of 13.1 per cent, while export turnover reached US$25.29 billion. During this same period, the province attracted VNĐ71 trillion of domestic investment capital and $1.3 billion of FDI capital.
Source: Vietnam News