BINH DUONG ASSERTS ITS POTENTIAL AS A LOGISTICS AND INDUSTRIAL HUB

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BINH DUONG ASSERTS ITS POTENTIAL AS A LOGISTICS AND INDUSTRIAL HUB

Recently, Binh Duong Real Estate Association, Logistics Association, and Architects Association jointly hosted a workshop to discuss solutions for industrial real estate growth, logistics integration, and apartment management. Attendees included Mr. Nguyen Ngoc Van, Deputy Director of the Department of Construction and President of the Binh Duong Architects Association; Ms. Huynh Dinh Thai Linh, Chairman of the Binh Duong Logistics Association; Mr. Cao Van Phuc, Vice President of the Binh Duong Real Estate Association; Mr. Tran Van Muoi, Vice President of the Vietnam Real Estate Club; along with representatives from various businesses.

Unlocking Potential and Advantages

Binh Duong has solidified its reputation as a key economic hub in southern Vietnam. The province boasts an impressive urbanization rate of 87% and a projected GRDP growth of 8.01% in 2024. Foreign direct investment (FDI) inflows reached USD 1.68 billion this year, an 18% increase compared to 2023, maintaining its position as the second-largest FDI destination in Vietnam, just after Ho Chi Minh City.

With 29 industrial parks at a 93.3% occupancy rate and 12 industrial clusters at 67.4%, Binh Duong continues to attract significant investor interest. During the workshop, Mr. Van Cong Hieu, Deputy Head of Planning and Architecture at the Department of Construction, introduced the province’s Matser Plan for 2021–2030 with a vision for 2050. The plan outlines ambitions for Binh Duong to become a smart, sustainable city with urbanization rates reaching 88–90% and a per capita GRDP of USD 15,800 by 2030.

The workshop also covered key topics such as the outlook for the southern real estate market in 2025, strategies for apartment building management, and opportunities in integrating logistics with industrial real estate.

Mr. Tran Van Muoi emphasized Binh Duong’s strategic importance, describing it as not only a leading industrial center but also an emerging real estate powerhouse. He highlighted its ability to alleviate the housing supply shortage in Ho Chi Minh City while providing affordable and high-potential options for the broader region. Binh Duong aims to lead in green, digital, and circular economic models. Ongoing investments in transportation, urban infrastructure, and services are designed to enhance its global competitiveness. Experts at the event underscored the growing demand for logistics-focused real estate as global supply chains increasingly pivot toward Southeast Asia.

Ms. Huynh Dinh Thai Linh remarked, “The integration of logistics with industrial zones and free trade areas presents a golden opportunity for Binh Duong to elevate its competitiveness and attract international investors.”

Technology-Driven Real Estate Management

Speakers highlighted the importance of adopting advanced technologies to optimize property management. Key solutions included smart management systems, energy-efficient designs, and integrated digital platforms, all of which are essential for improving service quality and enhancing the living experience for residents.

Mr. Nguyen Duy Thanh, CEO of Global Housing Management Corporation, shared insights on professional building management, emphasizing its significant impact on property values and resident satisfaction. He noted, “Effective management not only increases property value and market competitiveness but also ensures compliance with legal standards and contributes to building modern, livable cities.”

He further explained the rising use of IoT systems in managing utilities such as electricity, water, lighting, and security in apartment buildings. Digital tools now allow seamless operations like fee collection, maintenance reporting, and amenity reservations, while predictive analytics help optimize maintenance schedules and improve user experiences.

New Collaborations for a Brighter Future

During the event, the associations signed a strategic partnership with Savista Corporation, signaling new opportunities for collaboration in real estate and property management. This agreement marks a significant step toward transforming Binh Duong into a modern industrial and economic hub, contributing to the sustainable development of the region and the nation

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