(ĐN)- The economy of Dong Nai in the first four months of this year continues to show strong growth across fields, according to the Department of Planning and Investment.
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| Timber products, one of commodities attaining high export earnings in Jan-April. |
(ĐN)- The economy of Dong Nai in the first four months of this year continues to show strong growth across fields, according to the Department of Planning and Investment.
Retail and service revenues totaled more than VND44 trillion, an annual rise of nearly 12 percent. Meanwhile, the industrial production index reported an annual expansion of more than 8 percent.
Notably, the province enjoyed a trade surplus of US$644 million in Jan-April period, making up 40 percent of the country's trade surplus.Footwear, textile and garments, timber and timber products, and coffee topped the list of commodities attaining high export earnings in the period.
The province attracted more than US$645 million in foreign direct investment. Particularly, local authorities granted new investment licenses to 42 projects worth approximately US$308 million. Additionally, 29 existing projects increased their investment capital to some US$340 million.
Over the past time, Dong Nai has made efforts to reform administrative procedures, improve competitiveness and foreign investment attraction. In the coming time, the local authorities will intensify measures to realise economic development targets, focusing on bettering the local investment climate, promoting production and business and market management.
Since the beginning of the year, the province organized two trade promotion delegations to the US and Japan to call for investment and expand export markets.
To support FDI businesses, a direct dialogue between enterprises and the provincial authorities was held on March, thus timely taking measures to help solve difficulties facing enterprises as well as reforming policy to create a more favourable and attractive investment environment.
Reported by H.G
