Dong Nai ranks fifth in country for socio-economic development

02:04, 15/04/2018

(ĐN)- In 2017, Dong Nai ranked fifth in the country for socio-economic development. Accordingly, the province's key economic targets including GRDP, export, trade surplus, FDI attraction were higher than the country's average.

 

Phó bí thư thường trực Tỉnh ủy Trần Văn Tư (thứ 2 từ trái sang) thăm cánh đồng lớn chuối VietGAP xuất khẩu tại Công ty TNHH Globe Farm Việt Nam (huyện Xuân Lộc).
Deputy Secretary Tran Van Tu (2nd, L) visits banana garden at Globe Farm VN in Xuan Loc district.

(ĐN)- In 2017, Dong Nai ranked fifth in the country for socio-economic development. Accordingly, the province’s key economic targets including GRDP, export, trade surplus, FDI attraction were higher than the country’s average.

According to the provincial People’s Committee, in 2017, Dong Nai’s GRDP grew by 8 percent, the local industrial production index by 8.6 percent, while export value reached over US$16.9 billion (accounting for 8 percent of the country’s exports), with a trade surplus of some US$2.2 billion last year (the country’s trade surplus was US$2.7 billion in this period).

The average income per capita in Dong Nai reached VND91 million last year; meanwhile, this figure in the country was VND53.5 million.

Minister of Finance Dinh Tien Dung said that Dong Nai also topped the list of budget contributors in 2017, significantly contributing to national budget collection.

Duong Minh Dung, Director of the province’s Industry and Trade Department, said that export markets were stable and had expanded. Accordingly, Dong Nai’s total exports saw a year-on-year increase of nearly 12 percent in 2017. This year, the province targets to increasing export growth by 9-11 percent; social investment capital is estimated to reach VND87-88 trillion, VND4-5 trillion higher than that of previous year. It will also do its best to complete 553 social houses and raise health insurance coverage to over 84.5 percent.

Dung attributed the good results to efforts made by local enterprises to access new markets and effectively tap traditional markets. Local firms have also been taking full advantage of free trade agreements that Vietnam signed with partners to boost exports, Dung said. The department this year would boost cooperation among domestic and foreign invested companies to supply products to one another to reduce imports and increase exports.

According to Director Cao Tien Dung of Department of Planning and Investment, Dong Nai attracted US$1.5 billion in foreign direct investment (FDI) last year, much higher than the yearly target. The province also saw an increase of 2.5 times in domestic investment. Some 3,200 enterprises were established in the locality in this period. 

Dung said in 2018, the province will continue increasing investment promotion activities to attract more domestic and foreign investment to local industrial parks and expand export markets.

Dong Nai's total budget collection reached approximately VND48.7 trillion in 2017, fulfilling 101% of the whole year's estimates and increasing 12 percent against the same period of previous year, said Vice Chairman Nguyen Quoc Hung of the provincial People’s Committee.

In 2018, Dong Nai has targeted GRDP of 8-9 percent, average income per capita of VND94-96 million and all its communes meeting new rural standards. Dong Nai is now leading the country in building new rural areas.

Dinh Quoc Thai, Chairman of the provincial People’s Committee, said Dong Nai would take a series of measures to better its investment environment, increase exports, control imports and pay attention to protecting the environmental, towards developing a green and sustainable economic model.

Reported by H.G

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