The Central Executive Committee has agreed that the provincial administrative units after the merger will be 34 provinces and cities. Of which, Dong Nai and Binh Phuoc provinces will be merged, expected to be named Dong Nai province; the political and administrative center will be located in Dong Nai province today.

These two localities are in the Southeast region. In recent years, Dong Nai has become an industrial province and is among the top provinces in the country in terms of economic development; while Binh Phuoc province is developing dynamically, balancing industry, services and agriculture.

Preliminary data from the General Statistics Office shows that the scale of GRDP (Gross Regional Product) at current prices in 2023 of Dong Nai reached over 448,978 billion VND, 4.5 times higher than the scale of GRDP of Binh Phuoc province (99,748.3 billion VND).

Notably, if the GRDP of these two localities is added, Dong Nai (expected name after the merger) will be in the group of provinces and cities with the largest GRDP scale in our country with 548,726.3 billion VND.

In the GRDP structure of Dong Nai province, the industrial and construction sector accounts for 58.5%, services account for 24.5%, and agriculture, forestry and fishery account for 9.7%.

The GRDP structure of Binh Phuoc has a balance between the industrial and construction, service, agriculture, forestry and fishery sectors, accounting for 42.89%, 31.19% and 22.12% respectively.

Similar to the scale of GRDP, domestic budget revenue according to preliminary statistics in 2023, Dong Nai reached 40,498.3 billion VND, 3.7 times higher than the domestic budget revenue of Binh Phuoc province (10,904.8 billion VND).

There is also a big difference in GRDP per capita between these two localities.

Accordingly, preliminary data in 2023, Dong Nai reached 135.6 million VND/person/year, 32.7 million VND higher than the national average (102.9 million VND/person/year).

Meanwhile, the average GRDP per capita of Binh Phuoc only reached 95.4 million VND/person/year, 7.5 million VND lower than the national average and 40.2 million VND lower than the average of Dong Nai.

In terms of foreign direct investment (FDI), both localities have been attractive destinations for foreign enterprises in recent years.

Accordingly, preliminary data for 2023 shows that Binh Phuoc has 48 licensed projects with registered FDI capital of 739.2 million USD and implemented capital of 399.9 million USD; Dong Nai has 81 licensed projects with registered FDI capital of 467.3 million USD and implemented capital of 467.3 million USD.

Regarding goods export , preliminary statistics from the Customs Department show that in 2023, Dong Nai's export turnover will reach 21.62 billion USD, down 12% compared to 2022, but still ranked 8th among the provinces and cities with the largest export turnover in our country.

In contrast, Binh Phuoc's 2023 goods export turnover increased by 13.1% compared to 2022, reaching 4.7 billion USD.

(The article uses data from Socio-economic Data of 63 provinces and centrally-run cities 2019-2023; data in the 2023 Statistical Yearbook of the General Statistics Office; Preliminary import-export statistical report of the Customs Department).

Source: https://vietnamnet.vn/khoang-cach-kinh-te-cua-dong-nai-va-binh-phuoc-nhu-the-nao-truoc-khi-sap-nhap-2391520.html