General information of Binh Dinh province

5 October, 2023

As one of five provinces in the Central key economic region, Binh Dinh possesses many advantages in location, landscape and rich tourism resources that help attract investment. In the article below, let’s join Sen Vang Group to learn general information about the Binh Dinh province market.

1. Geographical location

Binh Dinh is a province in the South Central Coast of Vietnam and is located in the Central Key Economic Region. Binh Dinh has a natural area of 6,071.3 km2 and a coastline of 134km.

– The North borders Quang Ngai province,

– The South borders Phu Yen province,

– The West borders Gia Lai province,

– East sea bordering the east.

The provincial capital of Binh Dinh is the port city of Quy Nhon, 1,070 km (1 hour and 30 minutes by flight) south of Hanoi capital, 323 km south of Da Nang city and 652 km (55 minutes by plane) from Ho Chi Minh City. bay) north along National Highway 1.

(Source: compiled by Sen Vang)

Binh Dinh has a particularly important geo-economic position in exchanges with regional and international countries. Located at the midpoint of the North – South Vietnam road and rail transport axis, Binh Dinh is also the closest and most convenient gateway to the East Sea of the Central Highlands, Southern Laos, Northeast Cambodia and Northeast Thailand. Spread through Highway 19 and Quy Nhon international seaport.

The province’s terrain is relatively complex, gradually lowering from West to East, with a quite large difference (about 1,000m). Common terrain types are: mountains, hills and plateaus (accounting for 70% of the province’s area); hilly area (area of about 159,276 hectares); plains (area about 1,000 km²); coastal areas and islands.

Binh Dinh also has 33 large and small islands divided into 10 island clusters or single islands, of which Nhon Chau island is the largest island (364 hectares).way City. Quy Nhon is 24km away, with over 2,000 inhabitants.

2. Population

The population of Binh Dinh province follows 202 statistics0 is 1,487,009 people, ranking first among the provinces in the South Central Coast region. Population density is relatively high, with 245 people/km2, ranking 2/8th in the region (after Da Nang).

Statistical table of area, population and population density of some provinces and cities (Source: Statistical Yearbook 2020)

The province’s natural population growth rate is the lowest in the region. The rate of trained workers >15 years old is the 4th highest among provinces in the same region. The immigration rate is low, at 0.08%, the lowest in the region; The emigration rate is the highest in the region, more than 10 times higher than the immigration rate, showing that Binh Dinh province has not yet attracted residents from other areas and does not have many job opportunities. However, currently the province is trying to change, creating many job opportunities for people.

Population structure chart of Binh Dinh province in 2020 (Source: Compiled by Vang Sen)

Binh Dinh’s population is unevenly distributed, concentrated mainly in the coastal plain areas and most densely concentrated in Quy Nhon because this region has more favorable living and production and business conditions than other regions. .

The urban population rate of Binh Dinh reached 40.32%, ranking 3rd in the South Central Coast region. Compared to the whole country, the population ratio of Binh Dinh province is relatively high.

3. Economy

Binh Dinh’s economy has grown steadily over the years. Binh Dinh’s development level is stable and even compared to other provinces in the South Central Coast region.GRDP Binh Dinh in 2021 is at an average level compared to the remaining provinces.

ChartGRDP per capita in Binh Dinh over the years (Source: compiled by Sen Vang)

The largest proportion of Binh Dinh’s economic structure is still the Trade – Service sector with stable growth. In the coming time, Binh Dinh province will achieve the goal of reducing the proportion of the Agriculture – Forestry – Fisheries sector and increasing the proportion of the Trade – Service and Industry – Construction sectors, specifically the processing industry and investment development. information technology industry.

Economic structure chart of Binh Dinh province in 2021 (Source: Compiled by Vang Sen)

Binh Dinh’s budget revenue ranks 4th in the entire South Central Coast region, showing that the province operates quite effectively in the fields of budget revenue and expenditure, tax payment and economic development in general. Total domestic budget revenue is estimated at 12,343.5 billion VND, up 2.1% over the same period. Import-export revenue is estimated at 1,300 billion VND, up 58% over the same period. The main source of Binh Dinh province’s budget revenue comes from the non-state-owned industrial and commercial sector and housing and land revenues.

With many efforts to attract investment, Binh Dinh currently attracts a large amount of foreign investment capital, ranking 41st nationwide. According to the Foreign Investment Department (Ministry of Planning and Investment), accumulated as of April 20, 2022, the whole province has attracted 97 FDI projects with a total investment capital of up to 1,188.29 million USD.

Chart of 10 component indexes of PCI Binh Dinh province (Source: PCI Vietnam)

In 2021, PCI of Binh Dinh province reached 68.32 points, ranked 11th, up 26 places compared to 2020; moved from the average group to the good group of the country and had the highest score ever. Among the component indexes, the highest index is dynamism, the lowest is transparency and labor training. The province ranked 2nd in the South Central Coast region. This result reflects the efforts of authorities at all levels in administrative reform and facilitating business investment activities of enterprises.

Chart of tourist arrivals and tourism revenue in Binh Dinh province over the years (Source: Compiled by Vang Sen)

Before 2020, Binh Dinh had stable tourism growth. By 2020, the number of tourists in the province decreased more than 2 times compared to 2019. However, after reopening, Binh Dinh tourism is gradually increasing. In the recovery step, tourists to the province increased and tourist destinations became crowded again. In the first 3 months of 2022, Binh Dinh Tourism industry estimatespick up received more than 920 thousand visitors, an increase of 23.9% over the same period in 2021; Revenue is estimated to reach nearly 1,300 billion VND, an increase of 34.6% over the same period in 2021.

4. Sociocultural

4.1. Medical

In general, the quality of medical examination and treatment in Binh Dinh province is at a good level and is increasingly improving. The province focuses on promoting the application of information technology to ensure quality and create convenience and ease for patients to access medical services conveniently and quickly.

(Source: compiled by Sen Vang)

The health system of Binh Dinh province currently includes: 6 provincial specialized and general hospitals; 4 provincial specialized centers; 11 district level units; 159 commune-level health units.

4.2. Education

The quality of education in Binh Dinh province is quite good. Binh Dinh province attaches great importance to educational development and achieves many important goals. Binh Dinh province’s education system includes: 212 preschools, 204 elementary schools, 141 middle schools, 50 high schools and 2 universities, 3 Colleges.

(Source: compiled by Sen Vang)

Currently, Binh Dinh has a number of international educational establishments and an upcoming project to build an international bilingual school.It’s not Quy Nhon has a total investment of 600 billion VND, a scale of 1,200 students from kindergarten to high school, and is expected to open a new school year in 2022.

4.3. Craft village

Binh Dinh is currently one of many localities with many traditional craft villages with diverse industries. Throughout Binh Dinh province, 41 traditional craft villages are still preserved. Among them, there are a number of highly specific craft villages that are typical of Binh Dinh culture.

(Source: compiled by Sen Vang)

4.4. Culture

Binh Dinh currently has 133 ranked relics (2 special national relics, 34 national relics, 97 provincial relics) out of a total of 231 listed relics, including many types: historical, Artistic architecture, archeology, scenic spots.

In addition, Binh Dinh also has an extremely diverse historical culture, especially with folk festivals and traditional arts such as: Dong Da – Tay Son Binh Dinh Festival, Cau Ngu Festival, Go Market Festival , Ong Nui Pagoda Festival, Boat Racing Festival, Nong Pass Festival, Saltwater Ancient Town Festival, Phuong Danh Tay Forge Village Festival, An Thai Rig Doing Festival, An Nhon town, Binh Dinh Martial Arts Festival ,…

(Source: compiled by Sen Vang)

4.5. Tourism

With 134km of coastline, Binh Dinh owns many famous, beautiful, wide and pristine beaches, gentle white sand, clear blue sea water, filled with sunshine all year round such as: Quy Nhon, Hai Giang, Trung Luong, Tan Thanh, Vinh Hoi and many islands near the shore: Nhon Chau, Hon Kho, Yen Island,…

Besides, Binh Dinh is also famous for its historical and cultural relics, which themselves are milestones associated with the formation and development of this legendary land. As the cradle of the Tay Son movement associated with the illustrious name of national hero Quang Trung – Nguyen Hue, the capital land of many dynasties has a long history of cultural traditions with Sa culture. Huynh, Champa culture…

(Source: compiled by Sen Vang)

Therefore, Binh Dinh’s tourism activities are also very vibrant. The number of tourists visiting and relaxing in Binh Dinh is increasing.

Many projects continue to be invested in, upgrading infrastructure, improving service quality, promoting tour connections with domestic and foreign provinces such as FLC Quy Nhon eco-tourism urban area, Quy Nhon eco-tourism urban area. Linh Phong spiritual ecological historical tourism, Eo Gio, Ky Co, Hon Kho tourist areas, Avani, FLC, BMC, Kim Cuc, Huong Viet, Hai Au, Hoang Gia, Saigon – Quy Nhon hotels , Quy Nhon, Hoang Yen etc…

(Source: compiled by Sen Vang)

Above is general information about “Binh Dinh province market” Provided by Sen Vang Group. Hopefully the above information will help developers, investors and real estate businesses have an overview of investment efficiency and the policy of linking black areas back to the . In addition, to see more articles about the Mekong Delta region, readers can visit the website senvangdata.com.

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