Dong Nai is on its way to economic recovery

    Dong Nai People’s Committee’s report shows that October’s industrial and construction value reaches VND8.060 trillion (up 2% compared to September). Particularly, industrial value rises by 1.4% compared to the previous month. Ten months’ accumulative value is VND71.558 trillion, up 9% compared over the same period, representing 82.6% of the year plan. Crops cultivation constitutes 97.8% of the year plan. The service sector has changed for the better. Ten months’ retail sales reach VND4.177 trillion, up 3% compared to the previous month. Ten months’ accumulative value is VND34.261 trillion, up 21.4% over the same period, representing 75% of the year plan. October’s export turnover hits US$610 million and ten months’ accumulative value is US$5.151 billion, representing 92.8% over to the same period. Ten months’ import turnover hits US$5.340 billion, representing 76.5% over the same period, accounting for 64.9% of the year plan. Ten months’ investment rises by 15.2% over the same period, representing for 92% of the plan goals. Particularly, investment capital from the provincial budget reaches 74% of the year plan, and investment capital allocated to all levels of districts is VND560 billion, accounting for 61% of the year plan.

    The government's stimulus demand packages have shown positive changes. Until October 15, short-term interest support loans reached VND12.296 trillion. Monthly interest paid on support loans is VND35.58 billion and ten months’ accumulative interest is VND218.8 billion. Until October 15, medium-and-long-term interest support loans reached VND496 billion and interest paid on support loans in October is VND1.23 billion. Ten months’ accumulative interest is VND3.7 billion. According to the Decision no. 497, loans of VND3.9 billion were made and the interest paid on these support loans is VND11 million. Banks for beneficiaries of government policies granted interest support loans of VND151.715 billion with an interest paid on these loans worth VND556 million.

    Over ten months, 7,785 laborers have been offered jobs. Accumulatively, 79,045 laborers have obtained employment, accounting for 93% of the year plan. 4,490 people were given job training. Particularly, 32,908 people have finished vocational training courses, accounting for 59.3% of the year plan.

    In addition, administrative reform, corruption prevention and complaint and denunciation handling are paid a lot of attention to and this has achieved positive results.

(Reported by Thanh Tam, Translated by Duy Minh)