Rubber prices remain low, the COVID-19 epidemic has a direct impact on the real estate business, but thanks to its acumen in operating production and business and boldness in investment and development, Binh Duong Rubber Joint Stock Company still maintains quite effective operations, ensuring jobs and income for employees, and dividends for shareholders.
In 2020, the world and domestic economies were heavily affected by the COVID-19 epidemic and natural disasters. In support of businesses and people, Vietcombank launched many supporting policies on service charges, interest rates and products. Vietcombank Binh Duong Branch was recognized for carrying out many policies to effectively assist businesses and people of all walks of life in the province.
Given that rubber prices have slumped sharply and local industrial, service and trade development is evolving rapidly, Binh Duong Rubber Joint Stock Company has sensitively adjusted business operations and expanded investment into potential fields to create a foundation for stable business development, and harmonious interests with shareholders and employees.
As an early credit institution with the mission of “investment and development” in Binh Duong province, BIDV Binh Duong has made many important marks in local socioeconomic development. In addition to BIDV’s unique work environment, traditions, individuality and virtues, the Branch confidently asserts its leading position in activities and strongly contributes to the robust transformation of Binh Duong.
With a good transport infrastructure system and a complete and expansive industrial park network, coupled with attractive policies and effective support for investors in all circumstances, Binh Duong province has affirmed itself as a top destination for foreign investors and is expected to continue as an attractive destination after the COVID-19 epidemic is over.
Although the project has been invested for only 5 years, Tan Binh - Binh Duong Industrial Park has achieved unexpected success. Currently, the first phase of the project with an area of 352.5 hectares has been almost filled, so the second phase will be implemented earlier than originally planned.
Despite being in the group of provinces and cities with good operating quality, the top PCI in the Southeast region, to overcome the limitations, maintain and apply inherent strengths to continue improving PCI results, Binh Duong Provincial People's Committee has directed all industries and levels to focus on implementing a number of key tasks in 2020.
In 2019, Binh Duong province ranked No. 13 (down seven places) in the PCI rankings, leading the Southeast region and standing among best performers in the country.
Binh Duong province aims to build Binh Duong into a first-class city, with the goal of improving the material and spiritual living standards of the people; moving towards a civilized, rich and beautiful city and becoming a smart city in the future.
Amid seriously negative impacts of the COVID-19 pandemic, determined to adhere to economic growth targets, Binh Duong province has carried out consistent solutions to overcome difficulties to recover and develop the economy.
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