Dong Nai’s enterprises maintains high growth rate in nine months

02:10, 13/10/2006

Despite increasingly high input material prices, Dong Nai’s enterprises have maintained high growth rate in the past nine months. Particularly, some industries in non state owned economic sector posted high production value such as wood furniture (up 74.4% compared to the same period of last year), textile (increase 22.5%) and leather shoes (up 51.8%).

Despite increasingly high input material prices, Dong Nai’s enterprises have maintained high growth rate in the past nine months. Particularly, some industries in non state owned economic sector posted high production value such as wood furniture (up 74.4% compared to the same period of last year), textile (increase 22.5%) and leather shoes (up 51.8%). Many enterprises after equitization have achieved higher turnover like Bien Hoa Confectionary Corporation (Bibica), the Cable and Telecommunication Material Company (Sacom), Bien Hoa Sugar Joint Stock Company, Dong Nai Paint J.S. Company and Bien Hoa Packaging J.S. Company. They focused on renovating technology and enhancing competitive capacity in order to their products can meet the demands of consumers. The state economic sector and individual economic sector also showed an increase in production value, particularly in building materials, textile and garment and wood furniture.

 

During the past nine months, Dong Nai’s export turnover hit US$3.115 billion, 33.8% higher than that of last year. Due to stable consuming market and selling price, some domestic enterprises hit high export turnover such as Dong Nai Honey J.S Company, Dong Tien Garment Company, Dona Biti’s. Export turnover of foreign invested enterprises like Fujitsu Viet Nam, Taekwang Vina, Pouchen and Changshin increased 34.4% compared with the same period of 2005.

 

Reported by K.Luon