(ĐN)- Dong Nai's economy is showing positive signs in 2015. Local enterprises have seen stable development and are making long-term investment in the locality.
(ĐN)- Dong Nai’s economy is showing positive signs in 2015. Accordingly, local enterprises have seen stable development and are making long-term investment in the locality.
In the recent time, many enterprises have run their factories at full capacity or opened new ones to meet rising demand in the market. Particularly, Vietnamese-French joint venture Proconco, one of the largest suppliers of animal feed in Vietnam, has recently inaugurated a new VND200 billion feed factory with an annual capacity of 150,000 tons. Southern Rubber Industry J.S Company, or Casumina, has invested US$160 million in its steel radial tire factory.
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| Casumina's steel radial tire factory. |
Representative of the Department of Industry and Trade said this sign shows that the production situation of enterprises has improved.
According to Director Tran Quoc Tuan of Dong Nai branch of the State Bank, total outstanding loans in Dong Nai-based commercial banks and credit organizations in 2014 were more than VND91.5 trillion, of which short-term loans accounted for over VND55.4 trillion, up 11% compared to the previous year, while medium and long-term ones made up 36.15 trillion, up 27%. He stressed that long-term loans were needed to expand production.
Reported by K.G
