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Dong Nai has made some changes to the socio-economic criteria in 2009

On June 9, the provincial People's Committee summoned a meeting to assess the socio-economic situation and national defence and security in May – 2009 and the estimated results of the first six months of 2009 and establish the plan goals in the remaining 6 months of the year. Chairman of the provincial People's Committee – Vo Van Mot presided over the meeting.

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Chairman of the provincial People's Committee – Vo Van Mot makes a speech at the meeting

    Over the first 6 months of 2009, the socio-economic situation and national defence and security have met a lot of advantages and difficulties. Thanks to the government’s instant solutions and the efforts of all levels, sectors and businesses, the provincial economy continues to grow. The first 6 months’ GDP is estimated at VND14,005.5 billion, representing 41.9% of the plan, up 7.14% over the same period. This growth rate is lower than the plan goals in the resolution of the provincial People’s Council, but higher than the country’s average growth rate. Specifically, industry and construction: VND9,125 billion, accounting for 42.1% of the plan, up 7% over the same period – services:  VND3,622 billion, accounting for 44.9% of the plan, up 8.9% over the same period – agriculture, forestry, and aquaculture: VND1,256 billion, accounting for 34.1% of the plan, up 3.6% over the same period. As for cultural and social field, there have been encouraging results. In June, 53,000 laborers found their jobs, which accounts for 62.7% of the year plan.

Delegates are having a discussion at the meeting

    To face economic difficulties, the President of Ministry of Planning and Investment – Bo Ngoc Thu – has offered 3 options and produced 3 solutions for determining the growth rate in 2009 so that the delegates could take these solutions into consideration and agree on them after discussion. Specifically, option 1: a growth rate of 8.5% compared to 2008 in which industry rises by 8.4%, services by 11.3%, agriculture and aquaculture by 3.6%, industrial production value by 10% and export turnover by 6% – option 2: a growth rate of 9% compared to 2008 in which construction industry rises by 9%, services by 11.8%, agriculture, forestry and aquaculture by 3.6%, industrial production value by 10.5% and export turnover by 7.5% –  option 3: a growth rate of 9.5% compared to 2008 in which construction industry rises by 10.1%, services by 13.2%, agriculture, forestry and aquaculture by 4%, industrial production value by 11% and export turnover by 9%.

    After discussion, all delegates agreed on option 1. Therefore, the province will reduce the growth rate of GDP in 2009 to by 8.5% instead of 14.5% as planned early the year. Industrial and construction value is reduced from 20% to 10%. The added value of the service industry is 11.3% instead of 17.3%. The agricultural and forestry production value is reduced from 5.6% to 4 to 4.5% and the export turnover from 23% to 6%.

(Reported by Thu Dung, Translated by Duy Minh)

Author: phongvien

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