The GDP of Dong Nai in the first six months of 2006 reaches 9,500 billion VND

 Mr. Vo Van Mot, Deputy Secretary of provincial Party Committee and Chairman of provincial People’s Committee, presides over the meeting.  

In the first six months of this year, the production and trade of enterprises in the province has encountered a lot of difficulties such as the increase of prices of material, the outbreak of diseases on animals in many localities in the province, the bad weather conditions but with the good directions of provincial Party Committee, People’s Committee and the great efforts of departments, functional agencies at all levels and enterprises, the socioeconomic situation in the first six months keeps on developing.

The GDP in the first six months reaches 9,500 billion VND, 14% higher than that of last year. Of which, the industrial production value keeps on increasing with the total amount of 23,500 billion VND, fulfilling 46.7% of year plan’s target and increasing 17.9% in comparison with that of last year. The value of 21 over 23 production industries increase, especially electricity, wood processing, footwear and food processing has the highest growth rate. From the beginning of this year till now, 34 projects in the field of industry have come into operation. Together with these new investment projects, the total industry investment projects in the province are now 447 projects. The production value of forestry, agriculture and fishery in the first six months gains the total amount of 2.1 billion VND, fulfill 31.9% of the year plan’s target, increasing 4.4% in comparison with that of the same period of last year. The consume price index in June 2006 increases 8% against that of June 2005 and 5.1% against that of December 2005. The export turnover in the first six months is estimated to reach the total amount of 1.9 billion USD, fulfilling 50.5% of the year plan’s target and increasing 33.4% against that of the same period of last year. The import turnover is 2.3 billion USD, increasing 12.8% against the same period of last year. The investment capital in the first six months in the province is 6,816 billion VND, including 2,730 billion VND of the investment capital into construction managed by local authorities and 461.3 billion VND managed by the Central Government. Form the beginning of this year till now, the foreign investment capital reaches the total amount of 346.8 million USD. Presently, there are 32 countries and territories investing in Dong Nai. Countries and territories with the highest investment capital are Taiwan, Korea, Japan, Malaysia and Thailand. Industry is the sector attracting the highest investment capital, making up 96%. Recently, 3 industrial in the province has been approved by Prime Minister. Up to now, Dong Nai has 20 industrial zones with the total area of 5,447 hectares.

In the field of culture and society, many activities have been organized to celebrate national holiday. Activities and programs in the field of education and health care are well fulfilled. In the first six months, the province has created jobs for 46,466 labor, increasing 5.5% against that of last year. To support poor households, the province has loaned money to 8,100 families with the total amount of over 50 billion VND. The social and political security are in good shape.

However, there still remain some difficulties in market and competition causing reduction on production of some industries.

In the last six months of this year, Dong Nai targets to increase its GDP by 14% to 14.5%. The industrial production value is planed to reach the total amount of 26,800 billion VND; the value of agriculture, forestry and fishery is estimated to reach 4,285 billion VND; the total export turnover is 1.93 billion USD. The provincial leaders play much stress on attracting more foreign investment capital with the total amount of 368.2 million USD and the implementing capital is 290 million USD.

(Translated by THKC)