Industrial boom Binh Duong keeps growing despite inflation

Binh Duong (VNA)- The southern province of Binh Duong posted the August industrial growth rate of 27 percent over the same period last year, recording a turnover of over 7.2 trillion VND.

As a result, the province's industrial turnovers reached almost 50.9
trillion VND in the first eight months of the year, or 23.9 percent year on
year increase.

Leading in the term is the State economic sector with a growth rate of 35
percent and followed by the foreign direct investment economic sector, which
accounts for 69.5 percent of the provincial industrial output, with a growth
rate of 19.6 percent.

The success was partially attributable to provincial efforts to hold
regular meetings between local authorities, industrial executives and
business circles from Taiwan, the Republic of Korea and Japan to address
difficulties faced by enterprises, especially in labour-intensive garment
making and leather shoes sectors.--Enditem