The southern province of Binh Duong, one of the localities hard hit by the COVID-19 pandemic last year, will make great efforts to achieve targets set for 2021-2025, with annual economic growth set at 8.5 percent.
My Phuoc-Tan Van road in Binh Duong province. (Photo: VNA)
Chairman of the provincial People’s Committee Vo Van Minh told the Vietnam News Agency (VNA) that the locality’s per capita income is projected at 9,400 USD each year by 2025.
Under the 2022 socio-economic development plan, Binh Duong’s Gross Regional Domestic Products (GRDP) is expected to increase from 8-8.3 percent from 2021, and per capita income is projected at around 169.8 million VND per year.
Minh said the locality will focus on measures to step up industrial and service sectors, reform the growth model, selectively attract investments and utilise science-technology to raise productivity.
The scientific, technological, industrial zone is one of the key projects in Binh Duong to boost industrial production, he said, adding that in the years to come, the province will enhance regional transport connectivity to serve businesses and investors.
According to the official, Binh Duong will continue with efforts in COVID-19 prevention and control, while working hard to complete socio-economic targets set for this year.
Last year, the locality’s GRDP rose 2.62 percent and its export revenue reached 31.5 billion USD, up 13.5 percent; and its import, 24.7 billion USD, up 14.7 percent./.