Southern province of Binh Duong attracts $630 mln of FDI in Q1

Southern Binh Duong province attracted $630 million worth of FDI capital in the first quarter of 2025, a 2.3-fold increase compared to the same period last year, according to the provincial People’s Committee.

Of the total, industrial parks drew $588 million, up 32% year-on-year.

The province also lured VND31 trillion ($1.18 billion) worth of domestic investment.

Binh Duong also recorded impressive growth in other economic indicators in the first quarter. Its GRDP grew 7.5% year-on-year, Index of Industrial Production (IIP) surged 7.51%, and export revenue reached nearly $8.6 billion, soaring 8.8%.

Total revenue of retail sales of consumer goods and services stood at more than VND92.8 trillion ($3.55 billion), rising 13.8% year-on-year.