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Dong Nai records good growth in H1

The southern province of Dong Nai recorded a GDP growth of 8.02 percent in the first six months of this year, according to the provincial People’s Committee.
Dong Nai records good growth in H1 ảnh 1Illustrative image (Source: VNA)

Dong Nai (VNA) – The southernprovince of Dong Nai recorded a GDP growth of 8.02 percent in the first sixmonths of this year, according to the provincial People’s Committee.

The committee said the localeconomy continues to enjoy high and stable development in line with orientationsoutlined by the authorities.

Industry and trade continued to bethe key driver of growth. The industrial and construction sector posted agrowth of 9.09 percent, with the processing and manufacturing industryrecording the highest expansioin of 9.43 percent.

Local firms exported 9.42billion USD worth of goods in the period, up 6.1 percent year on year, to whichforeign-invested companies contributed 7.76 billion USD, a yearly increase of8.94 percent. The province imported 8 billion USD worth of goods, resulting ina trade surplus of over 1.4 billion USD.

The agro-forestry-fishery sectorexpanded by 3.22 percent, despite the impact of the African swine fever onanimal husbandry.

Besides, the province hasfulfilled the yearly target in attracting foreign investment, when foreigninvestors poured more than 1 billion USD into Dong Nai in the first half of theyear.

As a result of good economicgrowth, budget revenues in the period also picked up 20.8 percent from the sameperiod last year to 26.48 trillion VND (1.14 billion USD).-VNA


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