Efforts to ensure growth in difficult contexts
According to Mr. Nguyen Loc Ha, 2023 is the pivotal year for the implementation of the 5-year socio-economic development plan 2021-2025 and the Resolution of the 11th Provincial Party Congress; besides basic advantages, the world situation continues to be complicated and unpredictable; conflicts, geopolitical competition, strategic competition increasingly fierce. Under the leadership of the Provincial Party Committee, the supervision of the Provincial People's Council, the efforts of the whole political system, the drastic direction and management of the PPC, and the joint effort and consensus of the people and the enterprise community in the area, the province's socio-economic situation has achieved positive results in various fields.
Gross regional domestic product (GRDP) increased by 3.76% over the same period in 2022 (up by 5.97% in the same period); in which industry - construction increased by 2.94%; services increased by 5.9%; agriculture, forestry, and fishery increased by 3.28%; Taxes less subsidies on products increased by 5.62%.
The index of industrial production was estimated to increase by 2.65% over the same period in 2022 (in the same period of 8.35%), of which the mining industry decreased by 2.2%; processing industry increased by 2.8%; electricity and gas production and distribution decreased by 4.5%; water supply and wastewater and garbage treatment increased by 2.2%.
Export turnover was estimated at over 15 billion USD, down 17.4% over the same period last year; import turnover was estimated at 10.7 billion USD, down 14.7% over the same period.
Total investment capital for the development of the whole society was estimated at 69,864 billion VND, up 10.3% over the same period.
Disbursement of public investment by the end of June 30, 2023, reached 5,286 billion VND, reaching 24.3% of the plan assigned by the Provincial People's Council (the same period reached 30.4% of the plan) and reached 43.4% of the plan assigned by the Prime Minister.
The province has drastically directed the elaboration and approval of construction planning for industrial parks, removing obstacles and speeding up the progress of industrial parks coming into operation. In the first 6 months of the year, 967 million USD of foreign investment has been attracted.
Total budget revenue reached 31,715 billion VND, reaching 43% of the estimate approved by the Provincial People's Council and reaching 48% of the estimate assigned by the Prime Minister, equaling 92% over the same period, of which: Domestic revenue was 23,942 billion VND, reaching 50% of the People's Council's estimate, up 1% over the same period; import-export income was 7,773 billion VND, reaching 38% of the estimate, equaling 72% over the same period. Total budget expenditure was estimated at 7,584 billion VND, reaching 25% of the estimate, up 8% over the same period; in which, expenditure on investment and development accounted for 46.3%.
Vice Chairman of the PPC Nguyen Loc Ha presents the report at the meeting
Binh Duong continued to coordinate with relevant localities and units to research and propose to implement investment procedures for Ring Road No. 3, Ring Road No. 4, Ho Chi Minh City - Chon Thanh Expressway; focus on speeding up the implementation of the National Highway 13 project, the Bac Tan Uyen - Phu Giao - Bau Bang road; build a list of priority transport projects with public investment capital for the 2021 - 2025 period and after 2025; study and invest in upgrading, renovating and building new locations connecting with Thu Duc City (Ho Chi Minh City); negotiate traffic connection locations between Tan Uyen City, Di An City and localities of Dong Nai province.
In the field of culture-society, the province continued to well implement social security policies, take care of people with meritorious services, reduce poverty, and improve people's living standards. Timely implementing measures to connect labor supply and demand, support workers to find jobs; visiting, encouraging and supporting workers in difficult circumstances, etc. In 2023, the average score of Binh Duong province's high school graduation ranked second in the country.
At the same time, the province actively developed plans and options to ensure political security; attacked and suppressed all kinds of crimes, transform the area; absolutely protected the safety of key targets, works and important political events.
The economy shows signs of recovery but not yet clear
At the meeting, Ms. Tran Thi Minh Hanh - Head of the Provincial People's Council's Economic - Budget Committee presented the Provincial People's Council's verification report on the province's socio-economic situation in the first 6 months of 2023. Accordingly, the Provincial People's Council said that the economy showed signs of recovery, but it was not really clear. Economic growth is quite low compared to the past years. However, compared with the growth rate of the whole country and neighboring provinces and cities, this growth rate is quite positive (the whole country is 3.72%, Ho Chi Minh City is 3.55%, Vung Tau is 3.47%, Dong Nai is 4%). Moreover, Binh Duong is an industrially developed province, with an open economy that is heavily influenced by the fluctuations of the world economy. The Provincial People's Council considered that with this economic development in the current period, it is a very active effort of all the province's branches, levels and political system.
Head of the Provincial People's Council's Economic - Budget Committee Tran Thi Minh Hanh present the verification report at the meeting
Regarding budget revenue, although there are still many difficulties, especially in the field of import and export, which has decreased deeply, but thanks to the efforts and proactive implementation of effective solutions, domestic revenue is quite good.
The construction of Ring Road No. 3 on schedule showed the victory in directing key projects and is a driving force to promote speeding up the implementation of other key transport projects.
The Provincial People's Council also mentioned a number of difficulties and limitations in socio-economic development. The reality is that enterprises are facing many difficulties and challenges, the shortage of orders is common, they have to reduce production scale, cut working hours, etc.
Higher determination in executive direction
In order to successfully implement the goals and tasks of socio-economic development, national defense and security in 2023, from now until the end of the year, Vice Chairman of the PPC Nguyen Loc Ha affirmed that the PPC and branches, localities continue to be more determined in directing, operating, proactively and closely coordinating, promoting the achieved results, taking advantage of all resources and opportunities, focusing on supporting production and business enterprises and socio-economic development.
At the same time, firmly grasping the situation, analyzing, forecasting, and developing economic growth scenarios to have appropriate solutions, strongly promoting economic growth drivers: consumption, investment, and export; striving to complete the best tasks and plans set out.
Researching solutions to open up and stimulate consumer demand to contribute to the consumption of goods produced by enterprises in the province that are facing difficulties in export markets; preparing conditions for organizing freight trains from Song Than station to Dong Dang station for export to China.
Strongly promoting economic growth drivers to best fulfill the tasks and plans set out in 2023
Completing the approval of the Provincial Planning for the 2021-2030 period, with a vision to 2050 in December 2023. Accelerating the implementation progress, completing and putting into use the project of upgrading and expanding National Highway 13, Bac Tan Uyen - Phu Giao - Bau Bang road, a 1,500-bed general hospital in 2023; completing the compensation and site clearance for Ring Road No. 3 (in 2023), starting the construction of Ring Road No. 4 and An Tay port (early 2024, celebrating the 27th anniversary of province's re-establishment), Ho Chi Minh City - Chon Thanh expressway (starting in the first quarter of 2024), Saigon riverside road from Thu Dau Mot to Thuan An, Standard School of Politics.
Solving problems of real estate projects, social housing, production and business, trade and service, etc.
Organizing the correct and sufficient collection and timely exploiting the remaining revenues to the state budget to supplement development investment. Having solutions to improve the access to credit capital of enterprises and people; continuing to stabilize lending interest rates to support enterprises to recover and develop production and business.
Focusing on disbursing public investment capital, identifying these as key political tasks, striving to disburse as planned. Urgently announcing the 2024 public investment capital plan to investors who have plans to prepare for investment soon.
Well performing social security, paying attention to, caring for and supporting the material and spiritual life of the people, especially workers in difficult circumstances. Promoting digital transformation, building e-Government and smart city; ensuring the infrastructure for the implementation of the Government's Project 06 and continuing to expand online public services that do not accept paper documents; raising the rate of handling administrative procedures at level 3 and level 4 to over 90%; completing the data warehouse and data analysis on the Provincial Intelligent Operation Center (IOC) to serve the province's executive direction.
Strengthening administrative discipline and rules; resolutely overcoming the situation of avoidance, pushing work, and fear of responsibility.