The industrial production value of southern Binh Duong province in the first seven months of this year hit 98 trillion VND (4.6 billion USD), up 12.8 percent year on year.

Of the figure, the foreign-invested sector made up 67.5 percent, a rise of 13 percent.

In July alone, the figure was nearly 14.6 trillion VND (685.73 million USD), a 3.9 percent growth over the previous month, of which the foreign-invested sector contributed 9.97 trillion VND (468.59 million USD), up 4.4 percent.

Meanwhile, Binh Duong posted an export turnover of 1.3 million USD in the month, up 4.4 percent against the previous month, pushing the January-July figure to over 8 billion USD, rising 13.3 percent.

According to a recent survey by the provincial Department of Statistics, almost all 387 asked local enterprises asserted the locality’s favourable business environment in 2014 with production recovery in most businesses.

In 2014, 72.3 percent of the local enterprises forecast they will enjoy revenue growths, while 76.2 percent expect to see a rise in pre-tax profits, according to the survey.

It also revealed that 45.7 percent of enterprises will increase labour force while 42.8 percent plan to increase capital.

At the same time, 48.3 percent of 108 export firms expect to enjoy higher export turnover than that of 2013, it added.-VNA