Illustrative image (Source: VNA)

 

The industrial production index of the southern province of Dong Nai in the first three quarters of this year surged 8.39 percent year-on-year, the provincial Department of Industry and Trade has reported.

In September alone, the index increased 1.97 percent from a month ago and 8.11 percent compared the same period last year.

According to Director of the Department Nguyen Van Quan, the index for the whole year is forecast to rise 8.3 percent against those of 2014, with 13 out of 16 sectors will see their indexes increase.

The largest year-on-year product index rise was recorded in footwear with 15.5 percent, following by washing powder, and PVC plastics with respective rises of 15 percent and 12.5 percent.

The local industry and trade sector will focus on fully tapping production capacity and market demand to promote industrial production.

Trade promotion will be intensified to support local enterprises in seeking and expanding domestic and foreign markets.

The department will also work to assist local businesses in quickening inventory sale and accessing banking loans, thus stabilising their production and business.

Dong Nai is home to around 20,000 enterprises and it has become one of the leading localities in the country in terms of per capita GDP.

From a trade-deficit locality, Dong Nai now is among top five cities and provinces in attracting FDI projects, including many worth over 100 million USD such as those run by Formosa (Taiwan), Vedan (Singapore and Taiwan), Hualon (Malaysia and Taiwan) and Fujitsu (Japan).-VNA