After 5 months, disbursement of public investment capital only reached 10.4% of the plan.

(HNMO) - On the afternoon of June 7, the People's Committee of Binh Duong province held a press conference to inform about the socio-economic situation in May 2023.

Press conference scene.

At the press conference, the People's Committee of Binh Duong province informed that in May, the industrial production index is estimated to increase by 2.7% over the previous month and by 6.9% over the same period in 2022; in the first 5 months, the industrial production index increased by 2.1% over the same period. Total retail sales of goods and service revenue in the month is estimated to increase by 3.2% over the previous month and by 17.7% over the same period. Export turnover is estimated to increase by 17.1% over the previous month and by 2.8% over the same period. Import turnover is estimated to increase by 16.6% over the previous month and decrease by 10.8% over the same period.

As of May 31, the disbursement value of the 2023 public investment plan reached more than VND 2,261 billion (reaching 10.4% of the plan assigned by the Provincial People's Council). As of May 15, domestic investment had attracted VND 4,595 billion in registered business capital; accumulated in the first 5 months of the year, it had attracted VND 24,303 billion. Foreign investment had attracted 49 million USD; accumulated in the first 5 months of the year, it had attracted 885 million USD (equal to 36% over the same period). New budget revenue is estimated at VND 4,200 billion; accumulated in the first 5 months, it reached VND 28,200 billion, reaching 42% of the estimate set by the Provincial People's Council.

Also at the press conference, reporters asked questions to the authorities about current issues, security, and law in the area such as: The current epidemic control situation; facilities in the new school year; labor and employment issues; management of construction and sale of social housing invested and built by the private sector; handling of illegal construction works inside and outside residential areas; compensation and site clearance progress for Ring Road 3...

Binh Duong province's economy achieved many improvements in May.

In addition, the People's Committee of Binh Duong province informed that the goal by 2030 is to basically become a smart city and meet the criteria to become a type I urban area, directly under the Central Government.

To achieve the above goal, Binh Duong sets out the following specific targets: Average GRDP growth rate in the 2021-2030 period is from 9% to 10%; GRDP per capita is about 393 million VND - 419 million VND; the urbanization rate of the whole province is 90%; 100% of communes meet advanced new rural standards; unemployment rate is lower than 3%...

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