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The socio-economic situation in July shows many positive changes

On the afternoon of July 27, the provincial People’s Committee summoned a regular meeting to hear departments, committees and sectors report on the socio-economic situation and national defence and security in July. Chairman of the provincial People’s Committee - Vo Van Mot – chaired the meeting.

The meeting

    According to the report of the provincial People’s Committee, the socio-economic situation has shown many positive changes over the first seven months of the year. Particularly, the province’s industrial production value hits  VND48,133.6 billion, accounting for 54.6% of the plan, up 7.3% over the same period. Total domestic investment capital is US$1.33 billion, which is 2.5 times as much as the same period last year. The budget revenue hits 62.7% of the annual estimate. Total development investment capital reaches 53.1% of the plan, up 7.2% over the same period. However, the export turnover only hits 44.6% of the plan and import value reaches only 40.5% of the plan. Foreign investment capital attracted is US$404.83 million, accounting for 20.2% of the plan. In July, 2009, CPI (Consumer price index) rises by 0.74%. Three groups of goods and services with a high growth rate are housing, electricity, fuels, building materials, transport, post and telecommunications, equipment and daily use items.

    Agriculturally, the province has cultivated 83,712 hectares, accounting 98.6% of the plan. Cultural and social activities have received much attention. Employment has been generated for 62,228 laborers across the province, which accounts for 73.2% of the year plan.

    The report of the provincial People’s Committee says that under the Resolution no. 30 of the Government, from early 2009 to July 10, commercial banks in the province have made short-term and funded-interest loans of VND11,450 billion, accounting for 45.9% of the short-term loan debts. The funded amount for interest-funded loans is VND99 billion and the medium-and-long-term loans until July 10 total VND237 billion, accounting for 2.5% of the total loan debts. The funded amount for interest-funded loans is VND560 million.

(Reported by Thu Dung, Translated by Duy Minh)

Author: phongvien

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