Dong Nai’s GDP is estimated to rise by 14.3 per cent for 2006. The industry-construction sector registered a 16.8 per cent increase, the service sector, 13.9 per cent, agriculture, forestry and fishery, 5.2 per cent.
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The rate of manual workers is high in garments manufacturing enterprises and shoes manufacturing enterprises |
Dong Nai’s GDP is estimated to rise by 14.3 per cent for 2006. The industry-construction sector registered a 16.8 per cent increase, the service sector, 13.9 per cent, agriculture, forestry and fishery, 5.2 per cent. During the year, the provincial economic structure has undergone a positive shift: industry-construction accounts for 57.4 per cent of the economic structure, service 28.9 per cent, agriculture, forestry and fishery 13.7 per cent. In addition, Dong Nai recorded a 34.2 per cent increase in export turnover this year. The province’s development investment capital hit over VND 15,000 billion. Especially, Dong Nai continues to maintain its place as one of the top localities in the country in terms of attracting foreign direct investment (FDI) with contractual FDI totaling US$ 932 million. Furthermore, the province has also attracted VND 3,320 billion worth of domestic investment so far this year. Total budget collection of Dong Nai is estimated to achieve over VND 8,700 billion in 2006, an increase of 16.5 percent over the previous year. And Dong Nai can take pride in its successes, in reducing poverty, controlling population growth, creating employments and opening up new opportunities for its people.
In general, agriculture, forestry and fishery sector saw an increase compared to last year. But the sector has not reached the desired level and faces significant challenges. In particular, Dong Nai’s agricultural sector has not reached the maximum productivity possible because major outbreaks of agricultural pests and diseases are devastating crops in the province, thereby threatening yield and quality. In the other hand, Vice Chairman of the provincial People’s Committee Dinh Quoc Thai showed concerns about the low rate of trained labour and the declining rate of attendance in vocational schools despite the fact that the province is now seeing employment growing year to year.
However, an optimist could say that WTO accession will help attract more foreign companies to invest in Vietnam, create new jobs and further encourage the growth of the country. Chairman Vo Van Mot strongly believed that international commerce will create new growth opportunities for the province after Vietnam’s accession to WTO. He affirmed that the province can sustain an economic growth rate of 14-15 per cent per annum.
In the next year, the province will strive to achieve sustainable growth that helps to make the province more competitive in the global economy.
Reported by Minh Ngoc
