The southern province of Dong Nai saw its February industrial production expand 17.7 percent compared to the same month last year, attributing the growth to a major rise in sales orders.
 
The rate pushed the expansion of the January – February factory activity to 7.2 percent year-on-year, said Director of the provincial Department of Industry and Trade Le Van Danh.

Industries that saw stronger production included leather, garment, chemicals, rubber and plastics and motor engines, with rises ranging between 20 and 29 percent.

The provincial People’s Committee is scheduled to meet local business players on March 11, including 443 private firms, 115 State-owned enterprises and 57 commercial bank branches.

It asked relevant units to come up with funding and market access schemes for small and medium-sized firms while clearing tax bottlenecks and launching tax e-management in the coming time.

The local authorities requested the Department of Agriculture and Rural Development and the State Bank to work on credit incentives and ensure a stable market for farm produce.

At the meeting, participants will learn about new Government policies and forecasts for advantages and constraints after Vietnam signs the Trans-Pacific Partnership deal.-VNA