Articles

Implementing specific mechanisms and policies to develop the economy and society in certain localities is an innovative step in the legislative process in Vietnam. This initiative has timely addressed practical issues, helping localities overcome many difficulties and obstacles in legal documents, harnessing advantages, mobilizing resources, accelerating economic and social development, and achieving significant results. Binh Duong Province has recently experienced a period of strong industrial growth but faces some sustainability challenges. In the planning for economic and social development, Binh Duong needs to research specific mechanisms and policies in several areas, such as developing industry linked with innovation, transforming the workforce, investing in high-quality education, and managing and synchronizing urban planning and development. The specific mechanisms and policies for Binh Duong should aim to address national issues by overcoming the middle-income trap, making it the first locality in Vietnam to achieve high income.