This was part of the activities of the field trip to Australia by officials from Binh Duong province and delegation from Becamex IDC Corp.
Binh Duong province has issued many important policies to attract foreign direct investment (FDI) and promote economic development, focusing on developing industrial clusters and zones, in order to meet the business and production demand of domestic and foreign businesses.
As of the end of 2018, about $2.1 billion in FDI was poured into Binh Duong, 50.2 percent higher than the set target. The Southern province was home to 3,509 foreign-invested projects with total registered capital of 32.2 billion USD, ranking third nationwide after HCMC and Hanoi.
At the event, General Director of DETMOLD Group of Australia said 98 percent of products of the firm were produced in Binh Duong, adding that the firm will continue to expand its long-term production in the province.
Chief Representative of Vietnam Commercial Affairs in Australia Nguyen Phu Hoa said the conference demonstrates initiative and efforts by the Binh Duong authorities to lure more foreign investment to the Southern province.
