Dong Nai Economy Gains Ground in First Two Months as Budget Revenue Exceeds 23.5 Trillion VND

In the first two months of 2026, the economy of Dong Nai Province recorded positive signals, with industrial production growing, favorable investment attraction, and vibrant commerce. However, disbursement of public investment capital remained slow, and certain market factors still posed challenges. According to the socioeconomic situation report for February 2026, the Director of Dong Nai Province’s Department of Finance, Truong Thi Huong Bình, stated that the industrial production index in February 2026 is estimated to have fallen by 6.48% compared with the previous month. Nevertheless, when compared with the same period in 2025 and for the first two months combined, industrial production continued to show positive growth. The cumulative index of industrial production for the first two months rose by 13.85% year-on-year. Meanwhile, agricultural, forestry and fishery production in the province remained stable. Trading and services activities were lively, especially during the Tet holiday, contributing to the overall growth of the local economy. Regarding budget revenue and expenditure, as of the end of February 2026, total state budget revenue in the locality reached over 23.5 trillion VND, equivalent to about 23% of the central government’s assigned plan and the provincial People’s Council’s approval. Local budget expenditure reached 9.7 trillion VND, equal to 17% of the central allocation. Investment attraction activities in the first two months continued to show positive results. For domestic investment, total attracted capital stood at over 15.5 trillion VND, including 10 newly licensed projects. For foreign investment, total registered capital exceeded 740 million USD, including 22 new projects with total capital around 280 million USD. However, the report also shows that the province’s socioeconomic situation in the first two months still faced some difficulties and challenges. The industrial production index in February decreased compared with the previous month; prices of some goods, services and input materials tended to rise amid ongoing global uncertainty, affecting domestic production and business activities. Additionally, the disbursement rate of public investment capital in the two months remained low, only 3.55% of the annual plan. In the health sector, some diseases such as dengue fever and hand-foot-mouth disease showed signs of increase, requiring authorities to actively monitor and implement timely control measures. Following the reports, Chairman of the Dong Nai People’s Committee, Nguyen Van Ut, chaired a meeting on the province’s socioeconomic situation on the afternoon of March 9, 2026. He urged relevant authorities to grasp the progress of project implementation and the performance of investors on a monthly and quarterly basis. At the same time, monitor budget revenue collection in communes, wards and specific fields. Based on this, units must prepare statistical reports, calculate growth in Q1, and identify key tasks for March to promote economic growth. The chairman emphasized that budget revenue collection must be pushed from the start of the year to strive for the best possible results. Simultaneously, the disbursement of public investment should also be prioritized. Relevant agencies should promptly complete planning tasks to create favorable conditions for businesses to implement investment projects and expand production and business activities. "Departments, agencies and localities should focus on removing difficulties for enterprises. Based on analyzing domestic and international conditions, units need to build operating scenarios appropriate to support production and business development. In particular, ensure energy security, provide adequate gasoline and other energy sources to serve production activities as well as the people’s daily needs," the chairman emphasized. In the time ahead, the province’s main task is to prepare well for the election of deputies to the 16th National Assembly and the People’s Councils at all levels for the 2026-2031 term, while ensuring absolute security before, during and after election day.