The seven provinces in the southeastern region have reported stable economic growth in the first half of this year, with an average GRDP expansion of 7.79 percent.
The seven provinces in the southeastern region have reported stable economic growth in the first half of this year, with an average GRDP expansion of 7.79 percent.
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| Illustrative image. (Photo: VNA) |
The growth was attributable to patriotic emulation campaigns, said officials from Tay Ninh, Dong Nai, Binh Duong, Ninh Thuan, Binh Thuan, Ba Ria-Vung Tau and Binh Phuoc at a conference in Tay Ninh on July 25 to review the outcomes of emulation campaigns in the region during January-June.
Ninh Thuan province posted the highest GRDP growth rate at 10.1 percent, followed by Binh Thuan with 8.58 percent, and Tay Ninh 7.7 percent.
Dong Nai saw a growth of 7.5 percent, while both Binh Duong and Ba Ria-Vung Tau enjoyed an expansion of 7 percent, and Binh Phuoc, 6.64 percent.
The region earned a total of 24.16 billion USD from exports, with Binh Duong alone accounting for 12 billion USD.
Also during the period, the region absorbed 2.422 billion USD of foreign direct investment (FDI).
The seven provinces contributed more than 98.3 trillion VND (4.25 billion USD) to the State budget, led by Ba Ria-Vung Tau with 37.1 trillion VND (1.6 billion USD) completing 72.7 percent of its yearly plan. Binh Duong collected 24.6 trillion VND (1.06 billion USD, 47 percent of yearly plan), and Dong Nai, 23 trillion VND (994.3 million USD, 44 percent of yearly plan).
Outstanding examples in emulation campaigns in the region were rewarded on the occasion.
(Source:VNA)
