Attending and chairing the seminar were Mr. Nguyen Van Danh - Vice Chairman of the Provincial People's Committee; Mr. Nguyen Van Hung - Chairman of the Board of Directors, Becamex IDC; members of the Steering Committee for provincial planning; leaders of departments, committees, branches and consulting units.
At the seminar, the representative of BCG consulting unit (USA) presented the strategic orientation for planning Binh Duong province in the 2021-2030 period, with a vision to 2050. BCG has identified 6 pillars for Binh Duong to escape from the "middle income trap", including distributed development trap; labor productivity trap; need to use more creative chain; inequality trap in development, etc.
BCG presents the strategic orientation for planning Binh Duong province in the 2021-2030 period, with a vision to 2050
Attending the seminar, the delegates asked the consulting unit about issues such as specific development plans and strategies; solutions for Binh Duong to overcome the "middle income trap"; attracting talent; development of waterway transport, etc.
According to BCG, Binh Duong that wants to overcome the "middle income trap" must take the people as the center in all strategies and attract people to live. The BCG's representative assessed that Binh Duong is one of the major socio-economic development provinces of the country and expressed his belief that with the trends, strategies and visions, Binh Duong will develop strongly in the future, becoming the industrial center of the country.
In the afternoon of the same day, the Provincial People's Committee and Becamex IDC listened to the consulting firm McKinsey & Company - a global management consulting company from the United States introduce capacity and propose to build Binh Duong planning in the 2021-2030 period and with a vision to 2050. From McKinsey's point of view, Binh Duong is one of the provinces and cities that play an important role in the country. Binh Duong is located in a strategic location, the center of the Southern key economic region and is also one of the fastest growing provinces and cities in the Southeast region. Export turnover accounts for 10% of the country, foreign investment attraction ranks second only after Ho Chi Minh City. Binh Duong's GRDP grows by 8-9% on average, etc. With these advantages, in McKinsey's view, a successful innovation ecosystem in Binh Duong needs a combination of 6 important attributes. They are building strong aspirations and visions; digitization, industry 4.0 and green economy; capital and funding; cultural and social development center; culture of innovation, entrepreneurial spirit that dares to think and dares to do; transport infrastructure and regional connectivity.
The representative of consulting firm McKinsey & Company presents the strategic orientation for planning Binh Duong province in the 2021-2030 period, with a vision to 2050
After listening to the presentation of the consulting unit, the delegates discussed the contents related to the formulation of the master plan of Binh Duong province to 2050 in order to find solutions to implement new steps in socio-economic development with the starting point of the current production, processing and manufacturing establishments; what barriers need to be removed to unleash the potential of Binh Duong, etc.
Vice Chairman of the Provincial People's Committee Nguyen Van Danh speaks at the seminar
Concluding speech at the seminar, Mr. Nguyen Van Danh - Vice Chairman of the Provincial People's Committee highly appreciated the strategic planning orientation of BCG and McKinsey. At the same time, he emphasized the meaning and importance of the provincial planning for the 2021-2030 period, with a vision to 2050 to ensure that the role and position of Binh Duong province is always promoted as one of the most dynamic developing localities of the Southern region and the entire country; building Binh Duong province to develop and prosper, Binh Duong urban area to be civilized, rich, beautiful and intelligent. The Vice Chairman of the Provincial People's Committee suggested that the members of the Steering Committee for Provincial Planning, the leaders of the departments, committees and branches continue to discuss, research, and actively participate in the completion of the Planning with experts and ensure the compatibility, consistency, linkage, and synchronization with the regional planning, at the same time, ensure the overall and synchronism between sectors and fields; localities in the province; both meeting the needs of the present, and creating a foundation for development in the coming periods.
Reported by Mai Xuan- Translated by Thanh Tam