The industrial production index of the northern province of Thai Nguyen increased tenfold in the first two months of 2015 from the same period last year, according to statistics provided by the provincial People’s Committee.

Of the industries, cement saw a 50 percent annual increase while garment and steel posted rises of 48 and 108 percent, respectively.

In addition, the Samsung high-tech complex in the province achieved substantial growth, producing 15.4 million smart phones and 3.9 million tablet computers.

Over the last two months, the province’s export revenue reached 3.3 billion USD, with smart phones accounting for 72 percent.

State budget collection hit an estimated 1.4 trillion VND (65.7 million USD), up 91 percent from last year and meeting 50 percent of the yearly plan in the first two months alone.

Over 200 new enterprises were established, bringing the total number of newly-established businesses in the province to over 4,000 with more than 30.6 trillion VND (1.4 billion USD) in capital.

To reach the 2015 socio-economic targets, Thai Nguyen will take various steps related to laws and policies, planning, infrastructure, human resources, site clearance and administrative reform, according to chairman of the provincial People’s Committee Duong Ngoc Long.-VNA