Prime Minister Pham Minh Chinh (centre, first row), and leaders of Binh Duong province handover investment certificates to enterprises - photo: laodong.vn

Additionally, two newly approved investment projects, worth a total of 53 million USD, belong to the Timotion Vietnam Limited Liability Company and Axman Vietnam Co., Ltd., both located in VSIP III Industrial Park.

The province has also approved capital expansion for three existing projects with a combined capital of 105 million USD. These include a 50 million USD capital addition for the Cheng Loong Binh Duong Paper Co., Ltd. in Protrade Industrial Park, a 40.2 million USD expansion for the Deneast Vietnam Co., Ltd. in VSIP IIA Industrial Park, and a 15 million USD increase for the Dongil Rubber Belt Vietnam Co., Ltd. in Bau Bang Industrial Park.

Chairman of the Binh Duong People's Committee Vo Van Minh reaffirmed the province’s commitment to supporting investors and businesses, maximising its advantages, and seizing opportunities for strong and sustainable growth, positioning Binh Duong as a leading investment destination in the region.

On this occasion, local authorities also approved investment policies for seven social housing projects, comprising 9,240 apartments, with a total investment of 8.4 trillion VND (332 million USD).