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Industrial boom in Binh Duong keeps growing

29/08/2008 -- 9:47 AM

Binh Duong (VNA)- The southern province of Binh Duong posted the August industrial growth rate of 27 percent over the same period last year, recording a turnover of over 7.2 trillion VND.

As a result, the province’s industrial turnovers reached almost 50.9 trillion VND in the first eight months of the year, or 23.9 percent year on year increase.

Leading in the term is the State economic sector with a growth rate of 35 percent and followed by the foreign direct investment economic sector, which accounts for 69.5 percent of the provincial industrial output, with a growth rate of 19.6 percent.

The success was partially attributable to provincial efforts to hold regular meetings between local authorities, industrial executives and business circles from Taiwan, the Republic of Korea and Japan to address difficulties faced by enterprises, especially in labour-intensive garment making and leather shoes sectors.--Enditem
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