Binh Duong focuses on improving the quality of human resources – Part 1: Impressive results

The focus on improving the quality of human resources to meet integration requirements over the years has contributed to creating the strength for Binh Duong province to effectively attract domestic and foreign investment capital.

Impressive results

According to Binh Duong People’s Committee, in 2017 the province attracted an additional 46,535 billion dong of business registration capital from domestic enterprises and more than 2.8 billion USD of foreign investment capital (FDI). This result raised the current investment in the province to nearly 31 thousand domestic enterprises registered for business with a total capital of more than 237 trillion dong and 3,044 FDI projects with a total registered capital of nearly 28.6 billion USD, ranking the The two countries after Ho Chi Minh City attracted FDI. With the main attraction of investment in industrial production and services, Binh Duong has achieved and exceeded many economic targets in 2017, such as: the gross domestic product (GRDP) increased by 9.15 %; Per capita income reached 120 million; industrial development index increased by nearly 11%; export turnover reached more than 28.5 billion USD; trade surplus was over 4.7 billion USD; budget revenue 46,500 billion, etc.

Director of Department of Planning and Investment of Binh Duong Province Nguyen Thanh Truc said that besides the advantages of geographical location and infrastructure, it can be said that the policy of improving the quality of human resources in the past time has been implemented. Positive, synchronous declaration, contributing to the satisfaction of investors. Training of officials and human resources; attracting qualified and highly skilled workers into the fields in need, has contributed to raising the proportion of trained laborers, creating an attractive investment environment for businesses to come to Binh Duong.

According to the Labor Union of Binh Duong Province, the province has more than one million workers working at domestic and international enterprises. In addition to businesses appreciating resources, thanks to well-trained, many workers in the province have initiatives in production labor to help businesses benefit hundreds of billion. Specifically, as: Production leader Huynh Hoang Yen (born in 1990) working at Saigon Stec Co., Ltd. has a solution to reduce product damage, helping the company save nearly 27 billion VND/year in production. electronic components; Le Thi Hong Nhung (1983) working at Sao Viet Joint Stock Company had many technical innovations to increase 140% of the output of exported footwear products; office worker Duong Hong Nhung (1973) has a solution to successfully develop domestic materials to help Fujikura Fiber Optics Vietnam Co., Ltd. save more than five billion VND/year in manufacturing electric wires and cables; maintenance worker Ha Xuan Anh Minh (1988) improved the stamping cost saving nearly 1.1 billion VND/year in yarn production for Tsuchiya TSCO Vietnam Co., Ltd. These initiatives have made a good impression on the wisdom of Vietnamese labor for investors.

Mr. Byeon Gi Yeoul, Director of Core Electronics Vietnam Co., Ltd. (Korea’s investment), is an electronics manufacturing enterprise in Vietnam – Singapore Industrial Park II (Binh Duong). Infrastructure, human resources is an important issue that businesses are interested in choosing investment. Therefore, when investing in the province, besides efforts in reforming administrative procedures, creating a favorable and friendly investment environment, Binh Duong province has focused on training human resources to meeting the requirements of investors, thus helping businesses feel secure when investing in the province.

Productivity and Quality Office