In the first half of 2015, Binh Duong reached a GDP growth of 10.5% compared to last year’s same period, the highest figure over the past 3 years. Some main targets with high growth included industrial production value at more than VND97.97trillion, up 13%; total retail sales value of commodities and services at more than VND57.19trillion, up 22.8%; export turnover at more than US$8.5bln, up 16.6%; State budget collection at VND17.5trillion, up 15% against last year’s corresponding period…
Integral efforts
Since early this year, Binh Duong has continued being a bright spot in economic development amid the world’s economy facing difficulties.
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Binh Duong has continued taking measures in a synchronous way to stabilize socio-economic development. In picture: Export garment products being manufactured at Binh Duong Garment One-Member Co.Ltd.
Mai Hung Dung, Vice-Chairman of provincial People’s Committee said that the province’s GDP growth in the first half of the year reached 10.5%, the highest figure in recent 3 years. Noticeably, the province’s FDI attraction obtained over US$1bln, surpassing its yearly plan. The province has so far absorbed 2,490 FDI projects capitalized at more than US$21.4bln.
The above result came from the efforts by provincial People’s Committee in drastically taking groups of measures under the Government’s Resolution on socio-economic development, national defence-security. Authorities and sectors at all levels, business community and people in the province also took initiative in carrying out the local targets on economic development. In addition, the province effectively implemented a lot of programs to support businesses and improve its investment climate…
Taking measures in a synchronous way
Tran Van Nam, Chairman of provincial People’s Committee said that along with achievements done in the first half of the year, the province has faced shortcomings for change.
In the coming time, according to him, provincial People’s Committee will strive to fulfill 2015’s plan and the set targets in the province’s five-year development plan from 2011 to 2015. Accordingly, provincial People’s Committee will take measures in a synchronous way, including strengthening State administration, striving to complete a target on State budget collection; focusing on dealing with bad debt, increasing an ability of getting access to credit loans; well realizing new regulations of the Law on Public Investment and the Law on Construction; effectively implementing the price stabilization program and preventing trade fraud…
The province will also put focus on removing businesses and people’s difficulties; improving its investment climate, competitive ability under the Government’s Resolution No.19/NQ-CP; preventing corruption and supporting investors in market expansion and diversification of their products…
Such these apart, provincial People’s Committee will enhance the province’s effectiveness of State administration in urban and natural resources-environment management; promoting socio-economic development; further mobilize all sources to take good care of social policy beneficiaries; improve the lives of the local people.
Reported by Ho Van-Translated by K.T
