Binh Duong - attractive destination for green industries: EuroCham official
Secretary General of the European Chamber of Commerce (EuroCham) Erwin Debarea has said the southern province of Binh Duong has potential to attract investors in green industries such as high technology, digital transformation, climate change mitigation and environmental protection towards green growth and sustainable development - areas of European investors' interest and priority.
Binh Duong has become an attractive destination for green industries (Photo: VNA)
Binh Duong (VNA) - Secretary General of the European Chamber of Commerce (EuroCham) Erwin Debarea has said the southern province of Binh Duong has potential to attract investors in green industries such as high technology, digital transformation, climate change mitigation and environmental protection towards green growth and sustainable development - areas of European investors' interest and priority.
At a meeting with provincial leaders on June 27, Debarea, who was leading an EuroCham delegation to explore the investment environment in the southern industrial hub, highlighted the attractiveness of Binh Duong.
൲ He pointed out two major reasons making Binh Duong a good choice for European investors: transparency and effective support for investors.
Chairman of the People’s Committee of Binh Duong Nguyen Van Danh (R) receives Secretary General of the European Chamber of Commerce (EuroCham) Erwin Debarea (Photo: VNA)
Debarea expressed hope that leaders of Binh Duong will continue to assist European firms in expanding their operations in the locality, thus contributing to promoting the strategic partnership between Vietnam and Europe and EuroCham members.
For his part, Chairman of the provincial People’s Committee Nguyen Van Danh affirmed that Binh Duong has always been one of the leading localities in the country in terms of socio-economic development and FDI attraction. He said that Europe is a promising partner for Binh Duong.
The province has attracted 403 FDI projects from 24 countries and territories with a total capital of over 6.8 billion USD.
Binh Duong has set up partnerships with European partners through conferences and online meetings with localities in Europe and diplomatic agencies, international organisations and partners in the UK, Italy, the Netherlands and Denmark.
🎉 Particularly, Binh Duong smart city has entered the Intelligent Community Forum’s 2022 Top 7 Intelligent Communities worldwide, he added./.
Ambassador Pier Giorgio Aliberti, Head of the European Union (EU) Delegation to Vietnam, on June 9 had a working session with representatives of the People's Committee of Binh Duong to discuss investment opportunities in the southern province, especially in hi-technology and green industry development and environmental protection.
The southern province of Binh Duong’s gross regional domestic product (GRDP) grew 6.85 percent in the first six months against the same period last year.
An event honouring Top 7 World Smart Communities in 2022 with will take place in Thu Dau Mot city of the southern province of Binh Duong on June 20 and 21, head a press conference held by the provincial People’s Committee and the Intelligent Community Forum (ICF) on June 19.
President Nguyen Xuan Phuc chaired a meeting in Binh Duong province on June 20 to collect feedback from Party committees of southern localities on a strategy for building and perfecting a rule-of-law socialist State till 2030 with orientations to 2045.
Binh Duong smart city of the southern province of the same name was named in the 2022 Top 7 Intelligent Communities 2022 worldwide at a ceremony on June 21.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Binh Duong has become an attractive destination for green industries (Photo: VNA) 
Chairman of the People’s Committee of Binh Duong Nguyen Van Danh (R) receives Secretary General of the European Chamber of Commerce (EuroCham) Erwin Debarea (Photo: VNA) 
