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Economics

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Traditional meeting of Industry and Trade Department

On January 4, the Department of Industry and Trade held a meeting with former officials of the Industry and Trade sector through the 26th periods. Attending the meeting were former provincial leaders and generations of leaders, officials, Industry and Trade officials and employees through periods.

Vibrant cultural activities at the meeting

At the meeting, leaders of the Department of Industry and Trade reported on the situation of the industry and its contributions to the overall development of the province. Currently, the proportion of industry and industry development has reached 85% of economic development. In 2019 alone, the total import and export scale of Vietnam reached over US $ 500 billion, a 4-fold increase compared to the world average. This is an undeniable outcome of the industry in trade promotion activities, promoting, signing international agreements, strengthening and developing the domestic market, repositioning global value chains, etc. In 2019, the province's Industry and Trade sector continues to make efforts, creativity, breakthroughs and contributions to the development of the province. Specifically, the Industrial Development Index (IIP) increased by 9.86%, this is the highest growth rate from 2016 to present of Binh Duong. Total retail sales of consumer goods and services increased by 19.2% compared to 2018, an increase of 101% compared to the plan in 2019. Export turnover increased by 15.6%, exceeding the plan in 2019. Surplus trade balance of import and export was estimated at 6.9 billion USD. Commercial electricity output is estimated at 13.6 billion KWh, an increase of 9.1% compared to 2018, the percentage of households using electricity reaches over 99%.

At the meeting, generations of leaders and retired officials have made contributions to the Industry and Trade sector to develop more on the basis of renovating mechanisms and policies, creating breakthroughs, piloting many effective models. , promoting administrative procedure reform, removing difficulties, reducing costs, strongly promoting production and business, creating a general growth motivation for the economy.

Reported by Tieu My – Translated by Vi Bao

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