With the GDP growth rate of 10.8% in the first nine months of 2013,  the province’s economy has shown signs of recovery. Also during the period, the province also ensured social welfare; implemented basic construction in the fields of health, education and urban development in a synchronous way; thoughtfully organized activities of “paying debt of gratitude”; reached high results in job creation, vocational training…All were positive signs of the province’s economic picture in the first nine months of the year. 

Industrial manufacture continued greatly contributing to the province’s economic growth in the first nine months of 2013. In picture: Deputy Prime Minister Hoang Trung Hai (second right) visiting Vinamilk’s second milk factory in Binh Duong

Economy with stable growth

According to a report by provincial People’s Committee, authorities at all levels of the province in the first nine months of 2013 focused on implementation of the Government and the province’s resolutions and achieved positive results.

The province’s rate of GDP growth was 10.8%. The province’s export turnover was estimated at US$9.841bln, up 15.6%. For investment attraction, the province absorbed additional VND12.131trillion in domestic investment capital and additional US$1.113bln in FDI capital. The figures have brought the total number of domestic investment projects in the province so far to 14,754 capitalized at VND115.17trillion and the total number of FDI ones to 2,184 totaling US$18.5bln.

Also during the period, there was a synchronous investment in terms of health, education, culture and sports. Many recreational activities were organized across the province.  In addition, the province actively implemented thrift practice, prevention of wastefulness, corruption, crime…

Provincial People’s Committee Chairman Le Thanh Cung said that the above results have came from the efforts by provincial leaders in instructing sectors and localities to extend the central resolutions and drastically take measures on socio-economic development; mobilize all measures to realize the targets on stabilizing economic growth, curbing inflation, removing hurdles, promoting production and business and ensuring social welfare in line with the Government’s instruction and the province’s real situation.

Mr.Cung added that the province’s economy in the first nine months of the year saw rebound. But, the province also needs to make more efforts in the remaining 3 months of the year to be able to gain 2013’s targets on socio-economic development.

Well taking measures on socio-economic development

To fulfill 2013’s targets on socio-economic development, according to Mr.Cung, sectors and localities need to further extend the Government’s Resolution No.01NQ-CP, Resolution No.02/NQ-CP on main measures to implement 2013’s socio-economic development plan and State budget estimation.

They also need to effectively take measures to remove hurdles in production and business, support the market and deal with bad debt; well realize the resolutions of provincial Party Committee and People’s Council on socio-economic development, national defense and security; harmonize capital sources for projects; ensure social order, security and traffic safety in the remaining 3 months of the year…

Also according to Mr.Cung, two districts Tan Uyen and Ben Cat need to concentrate on preparatory work for their separation, especially infrastructure investment for two new localities that are separated from them. Provincial Department of Industry and Trade, relevant sectors and localities need to further implement the province’s program on price stabilization for the rest of 2013 and in early 2014, contributing to serving the local people’s demand for shopping on the 2014 Tet (lunar new year) festival.

Provincial Policy Agency has also been ordered to prepare a plan for ensuring social order and security in the last months of the 2013. Meanwhile, sectors and localities need to well realize provincial Party Committee’s action programs, especially those of building up new rural communes on schedule.

Reported by Ho Van-Translated by K.T