Binh Duong endeavors to fulfill the socio-economic development objective by 2023.

DNHN - Vo Van Minh, the Chairman of the Provincial People's Committee and Deputy Secretary of the Provincial Party Committee, highlighted Binh Duong's commitment to resolving business obstacles and concentrating on addressing traffic

A report from the People's Committee Office states that in the first ten months of 2023, Binh Duong province accomplished numerous noteworthy successes. In the same time frame, industrial production rose by 4.2% to its highest point. Along with a notable increase in export turnover to USD 25.29 billion, the value of trade and services also increased by 13.1%.

From the start of the year until now, the province has drawn significant investment capital, including 71,443 billion VND domestically and more than 1.3 billion USD. Additionally, the budget came in at 52,507 billion VND or 77% of the initial projection. Credit organizations in the area also raised funds, totaling VND 300,000 billion in outstanding loans. Simultaneously, lower bank interest rates and VAT have assisted companies in overcoming challenges and boosting demand.

Vo Van Minh, Chairman of the Provincial People's Committee and Deputy Secretary of the Provincial Party Committee, stressed the province's commitment to resolving business obstacles while concentrating on addressing traffic and social safety issues. It is especially appreciated that public investment projects have advanced more quickly than expected, having completed 91.8% of the Prime Minister's assigned plan.

The province of Binh Duong remains optimistic about the future despite certain obstacles, such as a significant decline in export and import activities. This establishes a strong framework for the socioeconomic development of the area.

The socioeconomic outcomes attained in the first ten months of 2023, according to Mr. Vo Van Minh, Chairman of the Binh Duong Provincial People's Committee, during session 46, demonstrate the province's commitment to putting solutions in place to get rid of challenges and roadblocks that prevent companies from stabilizing and growing their operations. In addition to the results attained, Mr. Vo Van Minh stated that several issues have also surfaced that require attention. These include the issues of traffic order and safety when the number of accidents increases along with the number of fatalities and injuries. Consequently, to lower traffic accidents based on all three criteria, the Provincial Traffic Safety Committee, communities, departments, and branches must act quickly to identify the causes and put preventative measures in place. Focus on putting solutions into place simultaneously to help businesses with production, business, exporting, and other challenges as you work to finish tasks and plans by 2023 effectively.

Van Nguyen