Local economic indexes on high growth

Binh Duong’s economic indexes in Q1, 2018 continued reaching high growth. Particularly, the province’s index of industrial production was estimated at surging 7.43%. The province’s total retail sales revenue of commodities and services was more than VND45.5billion, up 16.7%. The province’s export turnover was estimated at US$16.5billion, up 16.1% compared to the corresponding period. In terms of investment attraction, domestic enterprises poured more than VND11.69trillion into the province, up 55.3% against the corresponding period last year.

Provincial People’s Committee has also just issued a plan on reducing procedures and expenses for enterprises. Accordingly, sectors, departments, the People’s Committees of districts, towns and TDM city will simply administrative procedures; recheck the Law on Investment and eradicate unreasonable points leading to unnecessary expenditures…In addition, the province will boost application of information technology in solving enterprises’ documents, contributing to simplify administrative procedures; seriously handle law enforcement officials’ actions harassing people…

Reported by Hoang Phong-Translated by K.T

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