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Provincial People’s Committee Chairman Le Thanh Cung, on Nov.16, presided over the 35th session of provincial People’s Committee to approve the local report on socio-economic performance, national defense-security in 2012 and define orientations, tasks for 2013. In 2012, provincial leaders have made efforts to help enterprises stabilize their production and business activities, contributing to promoting the local socio-economic development.

Stable economic growth

Vo Van Luong, Deputy Chief of provincial People's Committee Secretariat, the province’s total GDP in 2012 has increased by 12.5%, 0.1% lower than the projection. But, this is a positive figure compared to many other localities.  

 Along with industrial manufacture, Binh Duong now sees strong growth in high tech-based agricultural production.

So far, the province’s economic structure has been shifted towards the growth of industry, service and agriculture with respective proportion of 62%, 34.2% and 3.8%. The province’s industrial production value in 2012 is estimated at VND140,660bln, up 14.2%. Of this figure, the foreign investment sector has increased by 15% while the domestic investment sector has gained a growth of 12.5%.

Also in 2012, the province’s total retail sales revenue of commodities and services is estimated at VND75,145bln, up 29.7%. The whole province is now home to 91 markets, 8 supermarkets and 7 plazas.

The province’s export industry has also gained good growth with total turnover estimated at US$12.129bln, a year-on-year increase of 16%. Of this figure, the foreign investment sector has grown by 19.3% while the domestic investment sector has achieved an increase of 3.5%. There are now additional 55 enterprises getting involved in export activities, lifting the total number of province-based enterprises in this field up 1,725 with products exported to 193 countries and territories, mainly U.S, EU, Japan, South Korea and China.

Noticeably, the province has attached special importance to social development with total investment capital of more than 44.92bln, increasing by 24.8% and accounting for 58.1% of the province’s total GDP. The province has spent VND4.15trillion on basic construction.

The province has also absorbed additional VND2.609trillion in FDI capital. The whole province is now home to 2,117 FDI projects capitalized at US$17.327bln. Regarding domestic investment, the province has drawn additional VND11.331trillion. The whole province now has 13,386 domestic investment projects with total capital of VND102.711trillion.

Social welfare ensured

In 2012, the province has well realized polities relating to social welfare. The province has spent VND226bln on activities taking care of policy beneficiaries, including building and upgrading 275 gratitude houses; offering help to the poor with VND167bln; spending VND313bln on unemployment insurance…The province has also paid attention to public healthcare, education, culture, sports and other fields.

For the local targets on socio-economic development in 2013 implemented effectively, at the session, Mr.Cung asked for sectors and localities to urgently take measure groups to promote socio-economic development and ensure social order-security. Regarding economy, they need to fulfill the local targets on industrial & agricultural development and promote the national target program on new rural construction.

In terms of socio-cultural field, he also required sectors and localities to bend on the issues of extra-learning and teaching, human resource management, crime prevention …

Reported by political correspondents–Translated by K.T