In the afternoon of September 18, Mr. Mai Hung Dung, Member of the Provincial Party Committee, Standing Vice Chairman of the People’s Committee of Binh Duong province, chaired the 71st meeting of the Provincial People’s Committee on socio-economic development, national defense and security in the first nine months and key tasks for the last months of 2024.
According to the report of Binh Duong Provincial People’s Committee, in the first nine months of 2024, in the context of many difficulties and challenges, the Provincial People’s Committee has made early predictions and provided strong leadership, directing all levels and sectors to focus on effectively implementing tasks. As a result, the socio-economic situation has achieved some positive outcomes.
Panorama of the meeting (Photo: Binh Duong Provincial People’s Committee)
So far, 15 out of 36 targets have been met or exceeded. The business production of enterprises has seen many positive changes, and the main export industries have gradually recovered with export orders returning. The industrial production index for the first nine months is estimated to increase by 6.31% (up 4.0% compared to the same period last year).
Planning, investment procedures for new industrial parks, and operations of enterprises in industrial parks have been favorable. The industrial parks have attracted over USD 1 billion in foreign investment, with exports reaching USD 18.2 billion, accounting for 71.1% of the province’s total.
In the past nine months, the province has attracted USD 1.2 billion in FDI and VND 56,616 billion in registered domestic capital. Moreover, the socio-economic situation continues to show positive changes, with the consumer market remaining stable. Total retail sales of goods and service consumption revenue increased by 12.7% over the same period.
Export turnover increased by 13.7%, with export turnover up 13.7% and import turnover up 13.4% compared to the same period. Production and business activities are gradually recovering, and the investment environment for domestic and foreign investors is always a focus of improvement.
Total state budget revenue reached VND 50,120 billion, equivalent to 77% of the plan assigned by the Prime Minister; total budget expenditure was VND 9,860 billion, reaching 44% of the estimate.
The total value of disbursed investment capital reached VND 6,296 billion, reaching 30% of the plan assigned by the Binh Duong Provincial People’s Council and 41.2% of the plan assigned by the Prime Minister.
The Provincial Planning for the period of 2021-2030, with a vision to 2050, has been approved by the Prime Minister. The province focuses on directing the acceleration of the construction progress of Ring Road 3, National Highway 13; implementing investment procedures for Ring Road 4 and the Ho Chi Minh City – Thu Dau Mot – Chon Thanh expressway projects; coordinating in researching and planning investment projects for the first urban railway and the Bau Bang – Di An route; preparing for the inauguration of Bach Dang 2 Bridge, the creating force road of Bac Tan Uyen – Phu Giao – Bau Bang…
Concluding the meeting, Mr. Mai Hung Dung highly appreciated the efforts of the departments, branches, and localities, especially in deploying solutions to stabilize production and export as well as ensure social security and job creation for workers.
At the same time, from now until the end of the year, the departments, branches, and localities need to continue focusing on implementing solutions to remove difficulties in production and business activities, disbursement of public investment capital, and promoting the progress of key projects to strive to achieve the highest results for the whole year of 2024.
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