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Thứ 6, Ngày 13/08/2021, 12:00
Binh Duong: Building "long-term" solutions for economic recovery
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13/08/2021

​PORTAL - On the afternoon of August 12, Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the meeting to listen to the report on the plan for socio-economic (S-E) development and production and business recovery in the last months of 2021.

​​Attending were Mr. Mai Hung Dung - Member of Provincial Standing Party Committee, Permanent Vice Chairman of Provincial People's Committee; Mr. Nguyen Loc Ha - Member of Provincial Standing Party Committee, Vice Chairman of Provincial People's Committee and leaders of departments, committees and branches in the province.

Striving to fulfill each target and field at the highest level

According to the report, in July, a number of S-E indicators decreased compared to June and the same period due to the impact of the Covid-19 pandemic. However, the results achieved in the first 6 months of the year still made important contributions, laying the foundation for the province's key indicators in the 7 months to increase over the same period. Specifically, the Index of Industrial Production (IIP) increased by 7.3% over the same period. Total retail sales of consumer goods and services increased by 7%. Export turnover was estimated at 20,322 million USD, up 43.5% over the same period. Import turnover was estimated at 15,852 million USD, up 43.7% over the same period. The goods trade balance had a trade surplus of 4 billion 469.5 million USD; attracting investment of 1.46 billion USD, reaching 133% over the same period. Accumulated in the first 7 months of 2021, the total capital of newly registered enterprises increased by nearly 20% and the capital of registered enterprises to increase capital increased very high (more than 83%) over the same period, etc.

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Overview of the meeting

According to the provincial People's Committee, the complicated developments of the Covid-19 pandemic will continue to strongly affect all aspects of the province's S-E life. Accordingly, it is forecast that the province's S-E situation will continue to face some difficulties and challenges in the coming time. At the meeting, the Department of Planning and Investment proposed two scenarios for province's S-E development in the last months of 2021.

In case the pandemic is controlled in October 2021 (reaching the goal of vaccinating over 95% of the population to approach community immunity and the pandemic in the provinces in the region is simultaneously well controlled), the production and business situation of enterprises recovers quickly, Industrial production index recovers at over 8%, exports maintains an increase of over 26%, total social investment reaches over 14%, etc., the expected GRDP growth rate will reach about 7%, lower than the provincial plan set out (8.5 - 8.7%).

With the scenario that the pandemic will not be controlled until December, the index of industrial production only recovers at over 7.8%, exports maintains an increase of about 12%, total social investment reaches over 12.3%, etc., the expected GRDP growth rate will reach only 6.4%, lower than the plan set out.

Although the pandemic is still complicated, Binh Duong is still consistent with "dual goal", mobilizing the entire political system to effectively quell the pandemic, and at the same time focusing on maintaining S-E development and restoring production and business in the last months of 2021.

Based on the contributions of the delegates, the Provincial People's Committee agreed not to adjust the S-E development plan. "This means accepting the high possibility of having to trade off not completing many of the planned goals in 2021, in order to keep the highest determination to mobilize the total strength of the entire political system, all classes of people and the enterprise community to work together to fulfill each target and field at the highest level in difficult conditions", Mr. Mai Ba Truoc - Director of the Department of Planning and Investment said.  

05 key solutions for economic recovery

In the spirit of striving to fulfill each target and field at the highest level, immediately, Binh Duong will make the most of its time and resources to fight the pandemic according to the motto of 4 on the spot with the spirit of initiative, determination, flexibility and creativity. Being more speedy in vaccination, striving by the end of August 2021 to achieve the rate of 1st vaccination in 85% for all subjects, studying support policies for employees at enterprises performing "3 on-the-spot" production in order to reduce the financial burden on enterprises. Firmly protecting the "green zone" and gradually "greening" some feasible areas. Focusing on vaccination, giving priority to workers and employers of enterprises which ensure safety against pandemic and have early production needs, producing important goods of high value to contribute to supply chains.

Speaking at the meeting, Chairman of the Provincial People's Committee Vo Van Minh affirmed that by August 15, the Northern "green zone" districts will return to the new normal. Efforts will be made so that after August 30, the "red zone" localities will turn green and return to the new normal.

 

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Chairman of the Provincial People's Committee Vo Van Minh speaks at the meeting

The good signs in the initial implementation of the plan to build a "green zone" on the Covid-19 map create an important foundation for the province to soon achieve the goal of returning to the new normal from September 01.

Permanent Vice Chairman of the Provincial People's Committee Mai Hung Dung said: "The most important issue now is to focus on pandemic prevention and control, when the pandemic is under control, the economy will gradually recover. It is neccessary to prepare for risky situations to proactively handle. Regarding the economic recovery plan, we must boldly promulgate and deploy it. In the process of performing, if there are any difficulties, we will find solutions to overcome them, because each enterprise has its own difficulties. We can't wait to build a perfect plan without bumping into reality."

Accordingly, 05 long-term solutions are actively built by Binh Duong for economic recovery in the remaining months of 2021, which is to focus on unlocking capital flows of investment and development. Accelerating the implementation of public investment projects in order to soon put cash flow into circulation, soon complete and put into use large and important infrastructure works, maximizing design capacity and S-E efficiency.

Creating breakthroughs in administrative procedure reform, cutting down on unnecessary administrative procedures, creating all favorable conditions and maximum transparency within the legal framework for all production, business, export and import activities of enterprises to promptly assist in overcoming the damage caused by the pandemic during the pandemic period. Focusing on implementing solutions to restore production and business for enterprises as soon as the Government approves the Economic Recovery Program which is expected to be a great opportunity for investors and enterprises to accelerate the recovery process and stabilize production and business.

Well performing social security. Thoroughly implementing the Government's Resolution no. 68 and support regimes and policies for frontline forces participating in pandemic prevention and control to ensure efficiency, timeliness and the right subjects. Monitoring the situation of enterprises and labor market to promptly have solutions to support the creation of new jobs for the migrant workforce, develop the provincial multidimensional poverty line for the period of 2021-2025 to have legal tools to provide maximum support for disadvantaged people in the province, etc.

Speeding up the process of production and business recovery for enterprises: Developing more effective support policies for enterprises that well apply the "3 on the spot" plan with cash, human and material resources, knowledge and experience in testing, screening, pandemic prevention and control as well as treatment for infected workers. Studying to adjust the "1 road, 2 locations" plan in a more suitable and open way to encourage application for enterprises that cannot perform the "3 on-the-spot" plan. Vice Chairman of the Provincial People's Committee Nguyen Loc Ha said: "The solutions for economic recovery are well prepared; the important thing is how it is organized for implementation. Each department and unit actively builds a mechanism according to their competence to guide enterprises in implementation. Any problems need to be solved for enterprises must quickly support within the prescribed framework".

The final solution is to strengthen propaganda, to promptly provide official, public, transparent and objective information to stabilize psychology, strengthen trust, and create social consensus; promote propaganda of solutions of the Government, Ministries, branches and localities in proactive, synchronous and drastic prevention, control and response to the evolution of the pandemic and focus on removing difficulties, promoting production and business, ensuring social security, health and life of the people.

Concluding the meeting, Mr. Vo Van Minh emphasized that the remaining months of 2021 still have many difficulties and challenges, requiring all levels, branches and localities to make more efforts and strive to achieve the highest goals set out. The Chairman of the Provincial People's Committee completely agreed with the proposed economic recovery plan and solutions. The provincial Chairman requested branches and levels to urgently develop plans and options; concretize the directives and plans of the Provincial People's Committee in each locality and each unit in charge; and closely follow the direction of the Provincial Party Committee and the Provincial People's Committee to implement.

Reported by Yen Nhi  - Translated by Nguyen Trang

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