The southern province of Dong Nai has introduced a myriad of measures to achieve a Gross Regional Domestic Product (GRDP) growth rate of 8-9 percent in 2016.
Employees in the Japanese Mabuchi Motor make electricty parts in Bien Hoa 2 Industrial Zone, Dong Nai province. (Photo: VNA)
Dong Nai (VNA) – The southern province of Dong Nai has introduced a myriad of measures to ac🤪hieve a Gross Regional Domestic Product (GRDP) growth rate of 8-9 percent in 2016.
The province will give priority to improving the business climate, streamlining administrative procedures, ensuring transparency as well as enhancing responsibility of administrative agencies, said Chairman of the provincial People’s Committee Dinh Quoc Thai.
He highlighted that the province will step up economic shake-up in combination with growth model shift to increase quality, efficiency and competitiveness by 2020.
In addition, Dong Nai will also focus on developing infrastructure, especially roads connected to urban areas and industrial parks, expressways, and rural facilities. The province will join hands with relevant ministries and agencies to speed up the implementation of key projects such as Ben Luc- Long Thanh and Dau Giay- Phan Thiet expressways and Tan Van- Nhon Trach road.
As part of the efforts to increase the competitiveness of local enterprises during international integration process, the province will develop support industry to reduce dependence on foreign materials.
It plans to create favourable conditions for small- and medium-sized enterprises to access credits to serve their technological renovation and organise supply-demand connection conferences.
The province will assist businesses in building their trademarks and promoting trade in foreign markets.
Local production has enjoyed stellar performance in 2015, with a GRDP value of 63.8 trillion VND (2.8 billion USD), rising 11.75 percent from the previous year.
The province pocketed 14.7 billion USD from exports, up 11.5 percent year-on-year, and attracted 2.3 billion USD in foreign investment.-VNA
The southern province of Dong Nai attracted nearly 2.4 billion USD of foreign direct investment (FDI) as of November 20, exceeding the yearly target by 1.5 billion USD.
The southern province of Dong Nai is likely to record a trade surplus of 1.5 billion USD this year, according to the provincial Department of Industry and Trade.
Dong Nai is moving fast on the path to the new-style rural province status by 2020 when its six more communes have satisfied all the 19 countryside development criteria.
Foreign direct investment (FDI) registered in southern Dong Nai province hit 2.4 billion USD as of November 20, exceeding expectations and this year's target of 1.5 billion USD.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Employees in the Japanese Mabuchi Motor make electricty parts in Bien Hoa 2 Industrial Zone, Dong Nai province. (Photo: VNA)
