Thai Nguyen posts five-year high export growth

The northern midland province of Thai Nguyen exported 8.9 billion USD worth of products in Quarter 1, up 22.6% year-on-year, the highest growth for the same period in the recent five years.
Thai Nguyen posts five-year high export growth ảnh 1Inside Trina Solar Cell Vietnam Co.,Ltd (Photo: baothainguyen.vn)
Thai Nguyen (VNA) – The northern midland province of Thai Nguyenexported 8.9 billion USD worth of products in Quarter 1, up 22.6% year-on-year,the highest growth for the same period in the recent five years.

According to the provincial People’s Committee, investment continued to be abright spot in the locality’s economic development in the first three months ofthe year, with more than 11.1 trillion VND (445.5 million USD) poured into the economy, a year-on-yearincrease of 10%.

The local index of industrial production was estimated to rise 6.19% against thesame time last year while industrial production value climbed 6% to some 203trillion VND, or nearly 20% of the yearly plan.

Total budget collection topped 3.78 trillion VND, including over 3.2 trillionVND from domestic collection and over 560 billion VND from import-exportactivities.

During the period, the province granted business registration certificates for24 enterprises who registered more than 2.7 trillion VND in their business, in-principleapproval for four domestic projects worth over 1 trillion VND, and investmentapproval for six domestic ones with total investment of over 3.4 trillion VND.
The province alsolured seven FDI projects with total capital of 470.7 million USD, with the mostnotable one from Trina Solar Cell Vietnam Co.,Ltd that worth 455.4 million USD.

As of the end of Quarter 1, over 1.2 trillion VND in public investment wasdisbursed, accounting for 21% of the plan assigned by the Prime Minister.

Standing Vice Chairman of the provincial People’s Committee Dang Xuan Truong said the provincewill continue accelerating the disbursement of the public investment andcarrying out the three national target programmes in the time ahead, with fundsprioritised for large-scale transportation infrastructure projects.

Besides, the province will create favourable conditions for investors to speedup construction of industrial parks, work to attract strategic investors while enhancingagro-forestry-fishery production and developing brands for local products./.
VNA

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