World Trade Centre in Binh Duong helps connect enterprises
The World Trade Centre in Binh Duong New City (WTC BDNC) project in the southern province of Binh Duong is expected to connect enterprises and help local firms develop international trade, the provincial People’s Committee said on October 2.
Design of the World Trade Centre in Binh Duong New City (Photo: tienphong.vn)
Binh Duong (VNA) – The World Trade Centre in Binh Duong New City(WTC BDNC) project in the southern province of Binh Duong is expected toconnect enterprises and help local firms develop international trade, theprovincial People’s Committee said on October 2.
As a member of the World Trade Centres Association (WTCA), the centre will connectits member businesses with more than one million enterprises worldwide. Theproject aims to develop Binh Duong into a dynamic locality with professionalservices and high-quality human resources, as well as an attractive destinationfor real estate projects.
Under the approval of the WTCA, the Investment and Industrial Development JointStock Corporation (Becamex IDC) will construct the complex with aninternational conference and exhibition centre, hotel, office and a metrostation on Ho Chi Minh City’s Metro Line No.1.
The WTC BDNC project will be officially announced at the 2019 Horasis AsiaMeeting on November 23.
Earlier, Becamex IDC asked the provincial People’s Committee to develop theproject with the hope of increasing the proportion of services in the localeconomy, and to carry out the province’s breakthrough programmes during2016-2020 which aim to improve the quality of human resources and urban areaplanning, and develop professional services./.
The southern industrial hub of Binh Duong has not only been among leading localities in foreign direct investment (FDI) attraction but also an attractive destination for domestic investors.
The southern province of Binh Duong recorded a trade surplus of over 4.5 billion USD in the first eight months of 2019, according to Director of the provincial Department of Industry and Trade Nguyen Van Danh.
The southern provinces of Binh Duong and Dong Nai have given top priority to projects with high added value and rolled out the red carpet for investors with technological breakthroughs.
The southern province of Binh Duong will be hosting the Horasis Asia Meeting again this year, the provincial People’s Committee announced on September 18.
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&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Vietnam is now positioning itself as a global manufacturing hub with a diversified export portfolio, improved product quality, and enhanced price competitiveness.
Design of the World Trade Centre in Binh Duong New City (Photo: tienphong.vn) 
