(GLO)- According to the forecast of the General Statistics Office, in the first 6 months of 2023, the whole country has 59 provinces and cities estimated to achieve positive growth and 4 provinces with negative growth.
Specifically, in the first 6 months of 2023, Hau Giang province has a forecasted GRDP growth rate of 14.21%, rising to the top of the country and continuing to affirm its leading position in the Mekong Delta region. The next two positions belong to Bac Giang and Hai Phong city with forecasted growth rates of 10.94% and 9.94%, respectively.
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Forecast of GRDP development index of 30 provinces and cities in the first 6 months of 2023. Source: General Statistics Office |
Among the top 10 provinces and cities with the highest growth forecast in the first 6 months of 2023 are Quang Ninh, Ca Mau, Nam Dinh , Hung Yen, Ninh Thuan, Khanh Hoa and Thai Binh.
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10 provinces and cities with the highest growth rate in the first 6 months of 2023 |
The remaining 4 centrally-run cities are forecast to have a rather modest growth rate and are only ranked at the national average. Specifically, Hanoi is forecast to increase by 5.97%, ranking only 30/63 provinces and cities; Da Nang by 3.74%, ranking 46th; Can Tho by 3.71%, ranking 47th and the lowest is Ho Chi Minh City by 3.55%, ranking 48th.
On the contrary, the 10 localities with the lowest growth forecast are Bac Ninh, down 12.59%; Quang Nam, down 9.16%; Lai Chau, down 6.32%; Ba Ria - Vung Tau, down 3.47%; Vinh Long, only 0.44%; Hoa Binh, 0.73%; Ha Giang, 1.18%; Vinh Phuc, 1.69%; Soc Trang, 1.83% and Son La, 2.1%.
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10 provinces and cities with the lowest growth rate in the first 6 months of 2023 |
Bac Ninh is the locality with negative growth due to the sharp decline of the industrial sector. According to the assessment of the General Statistics Office, the main reason for the sharp decline is the weakening of international consumer demand as some countries fall into recession and inflation, thereby greatly affecting the import and export activities of enterprises, especially product exports.
Not only that, many businesses in Bac Ninh have had their orders cut or orders sporadic, forcing them to reduce their production scale, forcing workers to quit or reduce working hours, or even dissolve. Along with that, the FDI sector, which is the economic driving force of Bac Ninh, is also facing many problems that need to be resolved.
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