Dong Nai continues to improve its business environment

The southern province of Dong Nai is implementing measures to meet its socio-economic development targets for 2015 on time, Vice Chairman of the provincial People’s Committee Tran Minh Phuc stated on July 16.
The southern province of Dong Nai is implementing measures to meet its socio-economic development targets for 2015 on time, Vice Chairman of the provincial People’s Committee Tran Minh Phuc stated on July 16.

Until the end of this year, priority will be given to addressing the difficulties faced by production and improving the business climate with a focus on administrative procedure reforms involving taxation, customs, social insurance and investment, he said.

The locality will mobilise resources to upgrade infrastructure, protect the environment and build new-style rural areas, while helping enterprises to find partners, to expand their market shares and to learn about the opportunities and challenges of the formation of the ASEAN Economic Community in late 2015.

Authorities in Dong Nai will also intensify the management of state budget collection, strive to ensure social welfare and address local residents’ complaints, he added.

According to a report by the People’s Committee, the province’s Gross Regional Domestic Product (GRDP) exceeded 32 trillion VND (1.47 billion USD) in the January-June period, up by 11 percent year-on-year. 21 trillion VND was generated by the industry and construction sectors, 8.74 trillion VND by the services sector, and 2.26 trillion VND by the agriculture, fishery and forestry sector.

In the same period, the province attracted more than 1 billion USD in foreign investment, a year-on-year rise of 27 percent, and 5 trillion VND (230 million USD) in domestic investment, amounting to 63.3 percent of the annual target. State budget collection generated nearly 19 trillion VND (874 million USD), up by 14 percent compared to the same period last year.-VNA

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