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Thứ 7, Ngày 28/11/2015, 14:30
Five implementation years (2010-2015) of the 9th Provincial Party Congress Resolution: Binh Duong province booms
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28/11/2015
Part 4: Focusing on trade-service growth   BEGIC - With the goal of becoming a
centrally-controlled municipality by 2020, Binh Duong during the past
five years has bent on fostering its supermarket and trade center
system, contributing to rapidly increasing trade-service proportion in
the local economic structure.
Absorbing investors in trade-service
  
In the 2011 and 2015 period, businesses and retail groups at home and abroad have actively poured investment into trade-service sector. Therefore, there has been a synchronous and modern investment in supermarket and trade center system, contributing to stabilizing supply of essential commodities at people’s demand for goods exchange.
 
Province-based trade centers, supermarkets and convenience stores, namely Vinatex, Co.opmart, Metro, Big C, Lotte Mart, Becamex Tower, Aeon Mall Binh Duong Canary…, have brought locals advantages and safety in shopping, thereby affirming the local sharp development on modern trade system.
  
 
   
During the past five years, Binh Duong has gained a rapid development in trade-service. In picture: Customers at Aeon Mall Binh Duong Canary
  
 
Towards synchronous development in trade-service
 
The whole province is now home to 11 supermarkets and 7 trade centers at customers’ demand for shopping. There is an increase in the number of foreign and domestic businesses in the domain of trade. Currently, there are lots of supermarkets and trade centers under construction like Canary (Guocoland), Carven in Thuan An town, Phu Cuong trade-service center in TDM city’s Phu Cuong ward…, bringing a promise of strong growth for trade proportion in the local economic structure. 
 
At meetings on the province’s development of market, supermarket and trade system till 2020 and dialogues with businesses in the trade-service domain, provincial People’s Committee Permanent Vice-Chairman Tran Thanh Liem always affirmed that there will be faster development for modern trade forms amid the current international integration context. There’s a need for harmonious development between urban economics and modern trade forms.
 
Mr.Liem stressed that for trade-service sector developed under the above trend, Binh Duong will create an equal investment environment, absorbing the participation of all economic sectors while bringing them advantages on investment procedures and other relevant conditions. The province will take measures to bring into full play its internal strength in association with external strength to accelerate industrialization in the domain of trade. He believed that Binh Duong’s domain of trade will reach a harmonious and synchronous evolution in the near future, thereby helping the province get access to the region’s trade trend.
        
  
Binh Duong’s total retail sales revenue of commodities and services continued soaring over the past five years with the annual average growth of 23.9%, higher than the target set out by the Resolution of provincial Party Congress for the 2010-2015 tenure. Particularly, the province’s total retail sales revenue was VND24.395trillion in 2010. The figure amounted to VND31.928trillion in 2011, VND40.782trillion in 2012, VND50.755trillion in 2013 and VND61.910trillion in 2014…
  
  
 (To be continued)
       
Reported by Truc Huynh, H.H-Translated by K.T
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