Local economy in 2011 remains stable

Trade and import-export fields has kept reaching a good growth with the total retail of VND59,367bil, a 30.5% increase. Goods selling with stabilized prices has been launched across industrial parks and rural areas with the total value of over VND600bil.

Meanwhile, sector of goods transport reaches a strong growth with an increase of 36.4% and export turnover is at US49.126mil, a 24.7% increase.

According to the 2011’s proposed plan, the province targets to reach over $1bil in FDI attraction but as of Nov. 2011 the local FDI attraction is at $841mil. Though the locality has yet to win the goal, it has still ranked high positions compared with other localities. The entire has so far lured 2,050 FDI projects, capitalized at $14.508bil.

In 2011, local industrial parks have placed jobs for over 14,000 laborers. The whole province has so far had 28 IPs covering 9,000ha of land.

Despite difficulties, the locality wins VND22,500bil in budget collection, winning 107% of the provincial People’s Council’s estimate.

Reported by K.Tan – Translated by A.C

• Top legislator hails trade union’s role in national revolution’s victory (29/07)
• Provincial Youth Federation congress: "Youth stepping forward for Binh Duong’s development" (29/07)
• Youth Union members and young people pay tribute to heroic martyrs (29/07)
• Provincial leaders pay gift visit to policy beneficiary families, revolutionary contributors (29/07)
• US President sends letter of condolences over Vietnamese Party leader’s passing (28/07)
• Officers and soldiers of provincial armed forces contribute nearly 190 million VND to "Gratitude" Fund (27/07)
• Dau Tieng District awards the Fatherland’s certificate of merit to the family of martyr Nguyen Van Thuong (27/07)
• To remember and determine to follow the teachings of General Secretary Nguyen Phu Trong (27/07)