Binh Duong: GRDP per capita reached 181.2 million VND

On December 25, providing information on the socio-economic, national defense and security situation in 2024, Mr. Vo Anh Tuan, Chief of Office of Binh Duong Provincial People's Committee, said that the province's gross regional domestic product (GRDP) in 2024 is estimated to increase by 7.48% (in 2023 it only increased by 5.00%); GRDP per capita reached 181.2 million VND.

According to Mr. Tuan, in 2024, Binh Duong province's industrial production will achieve a fairly good growth rate compared to the same period, key industries will recover positively and stabilize again. The industrial production index (IIP) is estimated to increase by 7.6% (in 2023, it will increase by 6.1%).

Mr. Van Anh Tuan, Chief of Office of Binh Duong Provincial People's Committee, informed about the socio-economic situation, national defense and security in 2024.

Binh Duong province's import-export activities have many advantages, most of the main import-export items maintain a good growth rate compared to the same period. Estimated export turnover in 2024 is 34.5 billion USD, up 12.7% (in 2023 it decreased by 10.9%, the plan for 2024 is to increase by 9-10%). Trade surplus reaches 10 billion USD.

In 2024, Binh Duong province will focus on implementing land procedures, planning, building infrastructure for industrial parks and clusters, improving quality towards green industry, circular industry, and industry 4.0; continuing to convert the functions of southern industrial parks, relocating production facilities interspersed in residential areas to industrial parks and clusters. The total investment capital for the construction of industrial parks and clusters in the province reached 3,697 billion VND (99.99% over the same period), industrial parks have leased land with a total area of ​​56.67 hectares, attracting foreign investment of 1 billion 267 million USD (accounting for 75.6% of the province).

The total state budget revenue in Binh Duong province reached 71,234 billion VND, an increase of 10% compared to the estimate assigned by the Prime Minister and equal to 100% of the estimate assigned by the Provincial People's Council. The total budget balance expenditure was 26,759 billion VND, reaching 100% of the estimate assigned by the Provincial People's Council, of which the estimated implementation and disbursement of the 2024 public investment capital plan by the end of the year reached over 105% of the plan assigned by the Prime Minister.

Average GRDP per capita of Binh Duong province in 2024 reaches 181.2 million VND

In 2024, Binh Duong province will continue to attract over VND80 trillion in registered domestic capital and over USD2.2 billion in foreign investment capital. To date, the province has 73,600 domestic enterprises with a total registered capital of VND807 trillion and 4,400 foreign-invested projects with a total registered capital of USD42.4 billion. Total social development investment capital is estimated at VND162 trillion, an increase of 11% compared to 2023.

Regarding the economic development plan for 2025, the leaders of Binh Duong Provincial People's Committee set a target of increasing the gross regional domestic product (GRDP) by 10% or more compared to 2024. To achieve this goal, in 2025, Binh Duong province will increase investment, consumption and export, along with restructuring the economy towards renewing the growth model, improving competitiveness and sustainable development. Focus on developing the digital economy, green economy, circular economy and night economy.

Binh Duong province's leaders affirmed that they will create a favorable environment to attract investment, especially in the high-tech sector and potential industries such as semiconductor chips, innovation, etc. The province will also resolve difficulties in mechanisms and policies and promote the completion of key projects. Accelerate the disbursement of public investment capital from the beginning of 2025 and eliminate ineffective projects, mobilize maximum resources for investment in developing transport infrastructure, industry, urban areas, services, culture, health, education, and sports. Control outstanding credit to match economic growth, focus on priority production and business activities and control credit risks. Support businesses and people to access credit, in order to minimize black credit.

“In 2025, the province will promote e-commerce and expand import-export markets, reduce dependence on traditional markets; stabilize prices and supply and demand of goods, and fight against origin fraud. Remove difficulties to stabilize and develop the real estate, labor, and science and technology markets to improve the efficiency of mobilizing and using resources for production and business,” affirmed the leader of Binh Duong province.

Source: https://thoibaonganhang.vn/binh-duong-grdp-binh-quan-dau-nguoi-dat-1812-trieu-dong-159330.html