Deputy Prime Minister Nguyen Chi Dung attends Binh Dinh province investment promotion conference in 2025

Binh Dinh needs to prioritize investment in strategic transport infrastructure systems.

Speaking at the conference, Deputy Prime Minister Nguyen Chi Dung highly appreciated Binh Dinh province for its close coordination with ministries and branches to prepare well for this investment promotion conference. The presence of a large number of delegates, development partners, enterprises and investors showed special interest in the attractiveness and confidence in the development of the province.

Deputy Prime Minister Nguyen Chi Dung gave a speech at the Conference.

Deputy Prime Minister Nguyen Chi Dung stated that Binh Dinh is a coastal province in the Central region of Vietnam, with all five modes of transportation and a favorable location for economic development, especially marine economy and tourism. Binh Dinh is also an attractive investment destination, with full potential, outstanding and distinct advantages for rapid and sustainable socio-economic development, aiming to become one of the country's dynamic economic centers, becoming a leading developed province in the Central region as set out in the Resolution of the 20th Provincial Party Congress.

Thereby, the Deputy Prime Minister suggested that Binh Dinh province needs to establish the most favorable investment and business environment, considering this as the top priority task; promptly resolve difficulties and problems for investors, always be friendly and accompany businesses.

At the same time, continue to mobilize and effectively use State and private resources and other resources to continue focusing on investment in developing the system and infrastructure to ensure synchronization and modernity.

Prioritizing investment in strategic, inter-regional transport infrastructure systems; developing social and digital infrastructure; promoting training of high-quality human resources associated with attracting investment in all fields, science and technology, innovation and digital transformation.

Implement well the socio-economic development planning for sustainable development according to the digital economic model, green economy and develop ecological industrial parks associated with urban areas, housing areas for experts, social housing, housing and cultural institutions for workers as well as review, build and adjust investment attraction orientations in accordance with the local socio-economic development strategy and plan for the period 2025-2030 to make a breakthrough; promote the role of locomotive, driving force, and positive spread

In addition, the Deputy Prime Minister expressed his support and noted that the Provincial People's Committee should accept the opinions of economic experts and businesses on researching, building and forming a free trade center in Binh Dinh, as well as considering expanding and adding a number of industrial parks in the province's planning.

The Deputy Prime Minister believes that with the determination, dynamism and creativity of the provincial leaders and people of Binh Dinh, and the interest and cooperation of investors, Binh Dinh province will develop more and more strongly and soon become an attractive and reliable destination for domestic and foreign investors. In particular, through today's conference, there will be more international partners and domestic and foreign investors investing in Binh Dinh province.

Committed to creating all favorable conditions for businesses to implement projects and develop sustainably.

The Binh Dinh Investment Promotion Conference 2025 is an important event, aiming to continue to concretize the Provincial Planning for the period 2021 - 2030, with a vision to 2050; at the same time, contributing to bringing Binh Dinh closer to investors and businesses to together turn potentials, strengths, and ideas into reality and together share and cooperate for faster and more sustainable development in the future.

This investment promotion conference is not only an opportunity for connection and cooperation but also contributes to creating momentum for the province to complete the GRDP growth target of over 8.5% in 2025, while completing and exceeding the socio-economic development targets for the period 2021-2025 according to Conclusion No. 123 of the Central Executive Committee and Resolution No. 25 of the Government. This will be an important premise for Binh Dinh to aim for double-digit growth in the period 2026-2030.

View of Binh Dinh Province Investment Promotion Conference 2025

Speaking at the Conference, Mr. Pham Anh Tuan - Chairman of Binh Dinh Provincial People's Committee said that with the goal of becoming an "ideal destination" for investors, in recent years, Binh Dinh has promoted investment promotion through conferences and forums to connect with domestic and foreign investors. Thanks to that, the number of registered investment projects has continuously increased, not only in quantity but also in quality.

From 2021 to present, Binh Dinh province has attracted 370 new investment projects with a total registered capital of over 200,000 billion VND; in which, the province has paid special attention to attracting FDI projects and has achieved positive initial results with 19 FDI projects, with a total registered capital of about 6,400 billion VND.

Along with investment promotion and attraction, the province has also implemented many preferential policies, administrative reforms, shortened processes and procedures in most investment stages, created a transparent, open, and favorable business environment, and focused on synchronous investment in infrastructure, especially connecting traffic infrastructure with the motto of "going one step ahead"; helping Binh Dinh gradually affirm its position as an attractive destination for domestic and foreign investors.

The province not only focuses on attracting large-scale, high-tech, environmentally friendly projects but also builds a modern, transparent business ecosystem, contributing to comprehensive socio-economic development.

Currently, Binh Dinh province has invested in many Industrial Zones and Clusters and prepared many clean land funds (each year preparing from 20ha - 30ha. The land fund is formed along the East - West connecting routes, coastal roads) to be ready for investors to implement projects; at the same time, attractive price ranges have been prepared for investors. Many Industrial Zones have infrastructure rental prices at around 25USD - 60USD/m2/50 years, much lower than some other Industrial Zones in the country.

Leaders of Binh Dinh province awarded the investment policy decision for the Hoa Sen Nhon Hoi - Binh Dinh factory expansion project, in Nhon Hoi Economic Zone (EZ), with an investment capital of VND 2,400 billion.

Accordingly, Binh Dinh province sets a goal that by 2030, Binh Dinh strives to be in the leading group of the North Central and Central Coast regions, becoming a center of industry, services, tourism, culture and marine economy; at the same time, promoting green, digital, circular economy, implementing digital transformation, improving the investment environment, attracting large domestic and foreign enterprises.

By 2050, Binh Dinh will continue to be among the leading countries in the Central region with a GRDP per capita and an urbanization rate higher than the national average. The economy and society will operate according to a digital model, with manufacturing and service sectors developing towards smart, green and circular economies.

At the Conference, Chairman of the Provincial People's Committee Pham Anh Tuan also affirmed that, along with calling for investment in new projects in 7 groups of fields, in the coming time, the Province will conduct a comprehensive assessment of projects that have been granted investment policies and investment registration certificates but have not been implemented or are behind schedule, as well as identify the causes of backlog to have timely solutions to remove difficulties and obstacles of investors, improve the investment environment and enhance the reputation of Binh Dinh province in the eyes of investors.

Chairman of Binh Dinh Provincial People's Committee Pham Anh Tuan speaks at the Conference

In addition, the province will continue to promote administrative procedure reform, shorten the time for processing documents, and create favorable conditions for businesses. At the same time, it will enhance the responsibility of relevant agencies in supporting investors, ensuring transparent and clear information, helping businesses easily access mechanisms and policies. At the same time, it will strengthen monitoring and checking the progress of projects, resolutely handle cases of slow implementation due to subjective reasons, and revoke or adjust the planning of projects that are no longer suitable.

“We are committed to creating the most favorable conditions for businesses to successfully implement projects and develop sustainably. With a consistent view of constantly improving and enhancing the quality of the investment environment, Binh Dinh aims to become an “ideal destination” for domestic and foreign investors. This is not only reflected in attractive incentive policies, but also in the modern infrastructure system, quality human resources and close support from the provincial government,” emphasized Chairman of Binh Dinh Provincial People's Committee Pham Anh Tuan.

It is known that within the framework of the Conference, the People's Committee of Binh Dinh province signed and awarded a memorandum of understanding on investment cooperation, and granted investment policy decisions and investment registration certificates to 62 projects with a total registered capital of about 321,000 billion VND.

These projects are in many important fields such as industry, high technology, trade services - tourism, urban economy, port services and logistics, except for the energy sector. These are not only promising numbers but also demonstrate the business community's confidence in Binh Dinh's investment environment.

Ngoc Chau

Source: https://baophapluat.vn/pho-thu-tuong-nguyen-chi-dung-du-hoi-nghi-xuc-tien-dau-tu-tinh-binh-dinh-nam-2025-post543738.html