Dong Nai, a magnet for foreign investment, enjoyed a year-on-year rise of 7.54 percent in the index of industrial production (IIP) in the first half of 2021.
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| Dong Nai province's garment and textile sector grows by 6.8 percent in H1, driven by long-term contracts. |
Dong Nai, a magnet for foreign investment, enjoyed a year-on-year rise of 7.54 percent in the index of industrial production (IIP) in the first half of 2021.
According to the provincial People’s Committee, thanks to its COVID-19 prevention and control efforts, Dong Nai’s industrial production remained stable as local enterprises focused on expanding production and business and looked for contracts to boost production and export. As a result, the IIP in June increase by 11.63 percent compared to the previous month, helping the index in the first half surge 7.54 percent year-on-year.
In the period, 21 out of 25 major industrial products, including coffee, cloths, clothes, shoes, paints, washing machines, and wooden furniture in the province reported increases in their output.
The production of wooden furniture; leather and leather products; and garment and textile saw impressive growth, with 13.9 percent, 12.7 percent and 6.8 percent, respectively.
In the remaining months of 2021, Dong Nai will carry out solutions to continue maintaining and stabilising industrial production, and successfully completing socio-economic development and defence-security tasks.
Accordingly, the province is drastically implementing measures to combat the pandemic to protect local people's health and lives, and maintain production and business and ensure economic growth.
Dong Nai will maintain support for businesses in a practical and effective manner, and issue mechanisms and policies encouraging them to invest in agriculture and rural development and assisting those hit hard by the pandemic.
It will also step up trade promotion, improve the investment and business climate, take advantage of opportunities brought about by new-generation free trade agreements.
(Source: VNA)
