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First half of 2008: Dongnai’s economic growth remains stable

Despite lots of difficulties due to increasing inflation, the province’s economy grows considerably

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Secretary of Party’s Committee Tran Dinh Thanh presented investment licences to foreign businesses                   

 

According to the report released by Department of Planning and Investment, the province’s GDP in first half of 2008 is estimated to reach VND12,755bil, up 15.3 percent against the same period. Specifically, industry and construction up 15.8%, service up 17%, agriculture-forestry-fishery up 5%. Export reaches US$3.1bil, import increases by 36.4% and the state budget revenues are VND170.89bil.

Foreign investment attraction and IZ development have encouraging results. The total value of new and capital increasing projects is US$2,168mil, surpassing 44.5% compared to the plan, up 3.5fold. The whole province has also issued domestic investment certificates to 22 projects with the total capital of VND7,040bil (equivalent to US$440mil), up sevenfold.

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Press conference on the socio-economic situation in first half of the year

 

Although the province’s economy had positive changes, it would be fraught with difficulties if there were not proper solutions, said leaders of agencies, departments and sectors. Therefore, it is essential to remove obstacles to maintain the growth of industry, service and agriculture.

Reported by Thu Dung, Translated by Thanh Van

 

Author: admin

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