April 09, 2025 | 16:30

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

Thanh Thủy

The figure marking a 3.2-fold increase year-on-year.

Southern province of Binh Duong attracts $630 mln of FDI in Q1
A foreign-invested enterprise in Binh Duong province.

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.

 

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translate