Dong Nai is on track to achieve this year’s economic growth target of 15-16 per cent. The province has achieved 75% of the full year’s targeted growth in the first three quarters.
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| Businessmen visit production line of Dry Cell and Storage Battery Co. in Dong Nai. The province is likely to reach a growth of 15-16% this year. |
Dong Nai is on track to achieve this year’s economic growth target of 15-16 per cent.
The province has achieved 75 percent of the full year’s targeted growth in the first three quarters, with its nine key industries all growing as fast or faster than in the same period last year, according to authorities who briefed its Party Committee at a review meeting last week.
Some like garment, footwear, agricultural and food production, and wood production, had grown by 15 percent or more.
Exports had risen by 30 percent year-on-year, and foreign investment in Dong Nai, which has more than 30 industrial parks, the largest number in the country, had reached more than 73 percent of the year’s goal.
So far this year 1,500 businesses had been established and 470 others had registered to increase their investment.
"The growth in the first nine months indicates Dong Nai will fulfil the year’s target with three months to go," People’s Committee chairman Dinh Quoc Thai told the meeting.
But inflation was up in September, surging 2.87 percent month-on-month, taking the year-to-date figure to 17.7 percent.
Deputy head of the Dong Nai Statistics Office, Tran Quoc Tuan, said the 61 percent increase in tuition had been a major reason.
The meeting also discussed the economic growth target for next year ranging from 12 to 14 percent. Most participants agreed that 12-13 percent growth would be most feasible since foreign investment had declined by half this year.
The target would be finalised at a meeting at the end of the year.
The meeting also discussed measures to fulfil next year’s goals, which include improving planning management, and the outlook for socio-economic development.
The province has achieved 75 percent of the full year’s targeted growth in the first three quarters, with its nine key industries all growing as fast or faster than in the same period last year, according to authorities who briefed its Party Committee at a review meeting last week.
Some like garment, footwear, agricultural and food production, and wood production, had grown by 15 percent or more.
Exports had risen by 30 percent year-on-year, and foreign investment in Dong Nai, which has more than 30 industrial parks, the largest number in the country, had reached more than 73 percent of the year’s goal.
So far this year 1,500 businesses had been established and 470 others had registered to increase their investment.
"The growth in the first nine months indicates Dong Nai will fulfil the year’s target with three months to go," People’s Committee chairman Dinh Quoc Thai told the meeting.
But inflation was up in September, surging 2.87 percent month-on-month, taking the year-to-date figure to 17.7 percent.
Deputy head of the Dong Nai Statistics Office, Tran Quoc Tuan, said the 61 percent increase in tuition had been a major reason.
The meeting also discussed the economic growth target for next year ranging from 12 to 14 percent. Most participants agreed that 12-13 percent growth would be most feasible since foreign investment had declined by half this year.
The target would be finalised at a meeting at the end of the year.
The meeting also discussed measures to fulfil next year’s goals, which include improving planning management, and the outlook for socio-economic development.
(Source: VNS)
