- News in Vietnam
- 27 September 2021
Bim Son – Potential for high-tech industry development
With a strategic location and complete transport infrastructure, Bim Son town is gradually asserting its leading role in the economic development of the North Central region in the 2021-2025 period.
In 2020, Bim Son town will continue to receive more modern industrial projects. For example, Singapore’s INTCO Group has decided to invest in Bim Son Industrial Park to 2 factories producing medical gloves, with a total expected investment of VND 4,420 billion, with a capacity of 9 billion units per year. Another big project with a total investment of VND 1,484 billion is the Radial Automobile Tire Factory, which the Provincial People’s Committee also awarded the investment policy decision for COPO Vietnam Tire Co., Ltd.
Potential for development from the advantage of transport infrastructure
As the gateway connecting the Northern provinces with the North Central and Southern areas, Bim Son affirms its strategic position with a diversified traffic structure, focusing on local economic, political and social development. Not only dominating thanks to National Highway 1A passing through the town center, but Bim Son also owns a critical North-South railway system passing through the area, which is convenient for goods transportation, logistics, and trade economy.
Bim Son – The industrial park’s infrastructure is ready for the landing of a series of giants in technology, automobile manufacturing, and mechanics
With strategic advantages in traffic, Bim Son town has long been the industrial capital of Thanh Hoa province with a series of industrial parks, focusing on heavy industries, mining industry, precision mechanics industry, and automobile manufacturing. Industrial parks and large industrial complexes can be mentioned such as Bim Son industrial park with a total area of more than 600ha; VAMC industrial park and automobile research and manufacturing complex, Long Son Cement factory complex, Bim Son; The complex of HUD Bim Son industrial park … accompanied by a series of factories – manufacturing zones – supporting industrial parks for the fields of automobile manufacturing and manufacturing of large corporations such as Hyundai, Honda, Toyota … Every year, leading enterprises in the field of industry and heavy industry have contributed tens of thousands of billion dong to the budget of Thanh Hoa province.
Entering 2021 in a new mindset, with the achievements achieved after more than 35 years of renovation, our province’s position and power is growing stronger and stronger. This will be the driving force and great opportunity for Bim Son town to rise, make a more substantial breakthrough, become a modern and civilized industrial city worthy of the core role of the dynamic northern center of the province.