Southern Binh Duong province targets 10% economic growth in 2025

Southern Binh Duong province targets to gain a GRDP growth  rate of 10% in 2025, with the GRDP size  expected to reach over VND572.4 trillion ($22.2 billion).

The industrial sector is projected to grow over 12%, following the province’s plan to boost economic growth this year.

Export and import revenue is expected to increase over 10% annually, reaching $38 billion and $26.8 billion, respectively.

The province will also strive to attract over $3 billion worth of FDI this year. Cummulatively, as of December 31, 2024, it has attracted 4,399 FDI projects with a total registered investment capital of $42.5 billion.

In order to fulfill the goals, the province will focus on developing infrastructure, expanding industrial parks and attract more investment.