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IPs play important role in economic development

The Resolution of the 7th provincial Party Congress for the 2000 and 2005 period specified that industrial development continued being a breakthrough phase in the shift of economic structure, contributing to promoting the local economic growth and improving locals’ lives. Hence, during the period, industrial parks (IPs) further played an important role in the local economic development.

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Binh Duong Attracts US$25 Billion in FDI

The southern province of Binh Duong has so far attracted 2,713 foreign-invested projects with a total capital of around US$25 billion, including US$16 billion distributed to 1,635 projects that are underway in industrial parks (IP).

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Binh Duong ranks third in FDI attraction

TTĐT - Vietnam in the first half of 2016 absorbed US$11.284billion in foreign direct investment (FDI) capital, including nearly US$7.5billion from 1,145 newly-registered projects and more than US$3.78billion from extra ones, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

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Tan Binh IP’s revenue in 2016 expected to reach over VND 23 billion

So far, the IP’s infrastructure system has been perfected, ensuring businesses’ production activities. This year, it is expected to provide 50 hectares of land for businesses with total revenue estimated at more than VND 23 billion .

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Binh Duong becomes a bright spot in investment attraction from ASEAN

After 21 years of Vietnam’s admission to the Association of Southeast Asian Nations (ASEAN), Binh Duong has become a bright spot in investment attraction from enterprises in the region.

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Binh Duong attracted over $1 billion in foreign investment

As of mid-June, the province has attracted $1,097 billion in foreign direct investment (FDI) reached 78.3% of the plan in 2016 and 8.3% over the same period of 2015.

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Vietnam grows more attractive to foreign investment

China has lost its competitive edge as a low-cost manufacturing hub with producers of everything from handbags to clothing to basic electronic components relocating to Vietnam economists at Savills said recently in a research report.

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Ministry defends tax reforms

HA NOI (VNS) — The calculation of time spent on filing taxes and making payments is based on World Bank criteria, with consultancies from Pricewaterhouse Coopers and the International Finance Corporation (IFC).

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