Bà Rịa-Vũng Tàu’s good economic showing

August, 14/2018 - 06:20

The southern province of Bà Rịa-Vũng Tàu has reported solid growth in the first seven months of the year.

Hoàng Vũ Thảnh, vice chairman of the Vũng Tàu People’s Committee, reports on the implementation of some key projects in the city at a meeting on August 14. — Photo of baobariavungtau.com.vn
Viet Nam News

HCM CITY — The southern province of Bà Rịa-Vũng Tàu has reported solid growth in the first seven months of the year.

Speaking at a Government meeting on August 14 to assess the socio-economic and security situation, deputy director of the provincial Department of Planning and Investment Nguyễn Văn Đặng said industrial growth in the period was 8.25 per cent.

Tax collection rose by 24.4 per cent year-on-year to VNĐ46.68 trillion (US$2.03 billion).

The province had attracted $1.91 billion worth of FDI in 32 new projects and 12 others that had increased their capital.

It also granted licences to 29 domestic projects with total registered capital of VNĐ13.62 trillion ($584.3 million).  

Officials from departments, agencies and localities discussed the steps they should take to achieve socio-economic targets set for the rest of the year.

Accordingly, the province will continue to focus on administrative reform, improving the capacity and service quality of its administrative apparatus, improving its investment climate and its position in the provincial competitiveness index (PCI), successfully organising the Bà Rịa-Vũng Tàu Sea Festival to be held from August 28 to September 5, and other tasks.

The province held another meeting on the same day to discuss the implementation of key projects in Vũng Tàu, with Nguyễn Hồng Lĩnh, Secretary of the provincial Party Committee and Chairman of the People’s Council, chairing it.

Hoàng Vũ Thảnh, vice chairman of the city People’s Committee, said many key works like dredging the Bến Đình Canal, upgrading Bãi Sau Beach and improving technical infrastructure at the Phước Thắng Handicraft and Small-scale Industry Park, Chí Linh Area, Bàu Trũng Cultural Park and New Urban Area, Bàu Sen Park, Gò Lăng-Long Sơn Urban Area, and DIC Star Tourism Complex have begun.

Delegates suggested that city authorities and the province’s relevant departments and agencies should have closer co-operation in carrying out the projects to clear obstacles and speed up work on key projects. — VNS