In the first period of 2021, despite many difficulties due to the Covid-19 pandemic, many foreign investors still accompanied and chose Binh Duong province as an investment location. At the end of May, Binh Duong Provincial People’s Committee awarded investment certificates to FDI enterprises with a total capital of more than 974 million USD. Accumulated from the beginning of 2021 until now, the province has attracted nearly 1.3 billion USD of FDI, reaching 159% over the same period in 2020. Of which, 27 projects have been granted new investment registration certificates, by 52% over the same period. Investors come from many countries and territories such as Korea, Singapore, Japan…

By investment field, foreign investors have invested in 6 sectors, in which the processing and manufacturing industry continues to be the field that attracts a lot of attention from foreign investors with a total number of foreign investors. investment capital reached 964 million USD, accounting for 77% of total registered investment capital. Real estate business ranked second with a total capital of 229.4 million USD, accounting for 18.3% of total registered investment capital, followed by the wholesale and retail sectors, transportation, construction.

According to the report of Binh Duong Department of Planning and Investment, there are 18 countries and territories having investment projects in Binh Duong. In which, Taiwan ranked first with a total investment capital of 640.8 million USD, accounting for 53.1% of total registered investment capital, Singapore ranked second with a total investment capital of 244.7 million USD, accounting for 20. 3% of total investment capital, Samoa ranked third with total investment capital of 101 million USD, accounting for 8.4% of total registered investment capital. Followed by China, Thailand, Hong Kong, B.V.I, Korea, etc.

After nearly a month of returning to the new normalcy, the business activities of enterprises in industrial parks in Binh Duong quickly reorganized production and business activities, ensuring safety in the future, with COVID-19 prevention and control to regain production targets.

In the context of trade conflicts between major economy players and the tremendous impact of the Covid-19 pandemic, businesses are tending to restructure production and diversify their supply chains, investment to avoid dependence on one certain country/partner, and to seek new safer, and more efficient investment locations. On the upcoming December 9th, Binh Duong People’s Committee is going to corporate with the Department of Industry and Trade of Binh Duong Province, Becamex IDC, and World Trade Center Binh Duong New City (WTC BDNC) to organize the program “Binh Duong FDI Promotion 2021” at Binh Duong Convention & Exhibition Center (BCEC). This program is a great opportunity for companies and enterprises to get updated and do business in the “New Normalcy” in Binh Duong, Vietnam.

The program is organized with the aim of improving provincial competitiveness and continuing to attract and promote FDI in Binh Duong province in the context of the “new normalcy” after the Covid-19 pandemic.

In addition, the program also includes 2 online sessions with the European market point (EU) and the Canadian market point, with the theme “Opportunities and potentials for international investors in the context of the New Normalcy in Binh Duong province”. These sessions are conducted for the purpose of introducing projects and plans developed by foreign investors; hosting discussions & seminars to answer the questions of enterprises about foreign direct investment (FDI).

• Program Details:

Binh Duong FDI Promotion 2021

Investment Opportunities for foreign investors In The “New Normalcy”

SESSION 1: EU MARKET

• Date & Time: 09:30 – 14:00; 09/12/2021
• Location: Binh Duong Convention & Exhibition Center (BCEC)
• Link for Registration: https://lnkd.in/gTHRecbg

SESSION 2: CANADA MARKET

• Date & Time: 19:30 – 22:00; 09/12/2021
• Location: Binh Duong Convention & Exhibition Center (BCEC)
• Link for Registration: https://lnkd.in/gJZCGb2D

For more details, please contact:

• Mr. Vinh Ho
• Email: vinh.hx@becamex.com.vn
• Phone: +84 908690896