Accelerate innovation, technology and manufacturing
Why invest in
Binh Duong?
Vietnam is among the fastest-growing emerging markets in the world:
Steady economic growth
of nearly 7% annually
Rising domestic demand,
over 93 mln consumers
Booming foreign
direct investment
Binhg Duong offers a very good business and investment climate:
The ease of starting and expanding a business in Vietnam
Free trade agreements within ASEAN and with the world
(FTA – EU & TPP – US)
Competitive business and employment costs
Friendly taxation and investment incentives
Encourage green economy and sustainable development
Political and social stability and absence of violence and terrorism
The people of Vietnam show great potential:
94,5
literacy rate, primary education for all
20,000
Vietnamese students in the US as part of their higher education
100,000
graduates in the field of science and engineering annually
60
of Vietnamese population is working adult
Binh Duong embraced a “Smart” socio-economic development model, providing real-life test environments (Living Labs) to businesses and universities to launch new technologies, applications and products, contributing to the development of modern places to live & work and a sustainable and prosperous future.
The newly developed infrastructure, the integrated approach and development of housing, services and industry, as well as the (high) tech profile and corresponding partners, provide all the necessary ingredients for successful Smart City development.
Smart City development is not about pushing technology, but putting technology to work for the benefit of people. Ultimately, it is all about clustering smart people.
Triple Helix
collaboration model
Binh Duong province and Becamex IDC work closely together with other governments, education & research institutions and businesses, using the Triple Helix collaboration model and a joint strategy for socio-economic development.
