GRDP growth rate tops the Southern region

After completing the administrative unit arrangement project, Tay Ninh and Long An provinces entered the merger phase with the expectation of creating a new dynamic economic region in the South. In the first 6 months of 2025, both localities achieved high growth rates, demonstrating a strong recovery after the pandemic, as well as the ability to quickly adapt to the context of global economic fluctuations.

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Mr. Pham Hung Thai - Deputy Secretary of the Provincial Party Committee (3rd from left), head of the National Assembly delegation of Tay Ninh province visited the booth of the Muslim community.

In the first half of the year, Tay Ninh province's GRDP growth rate reached 9.63%, leading the Southern region and ranking 7th out of 34 provinces and cities nationwide. Correspondingly, Long An achieved an increase of 9.49% - the highest figure since 2021. The growth structure of both provinces showed a clear breakthrough in the industrial - construction sector (Tay Ninh increased by 12.67%; Long An increased by 12.58%), followed by services and agriculture. This shows that both localities have a stable economy , shifting towards strong industrialization. When merged, the room for development will be even greater, especially in exploiting inter-regional industrial clusters, creating a value chain from production to consumption.

The Industrial Production Index (IIP) also recorded an increase of more than 15% in both provinces. Tay Ninh focused on the processing and manufacturing industries, building new industrial clusters such as Tan Hoi 2 and Tan Phu. Long An had 47/80 industrial product groups growing compared to the same period, many items such as fertilizer, clothing, and ready-mixed concrete had an increase of more than 30%. However, the province also recorded 33 product groups with decreased output, reflecting the difficulties of the global consumer market. The combination of Tay Ninh's industrial infrastructure and Long An's experience in attracting businesses and supporting production will be a great opportunity to overcome the current fragmentation, creating a more unified and sustainable industrial ecosystem.

The investment and finance sectors are also bright spots in the economic picture of the two provinces. Long An established 1,467 new enterprises, up 41% over the same period; registered capital of over VND14,000 billion. FDI newly licensed 76 projects with over USD251 million. Total budget revenue reached over VND20,600 billion - exceeding the estimate by more than 85%. Tay Ninh also had good growth: attracting over VND6,337 billion in domestic investment and nearly USD416 million in FDI.

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The Dong Nai River Irrigation Project will come into operation in 2023, contributing significantly to promoting Tay Ninh's agricultural development.

In the agricultural sector, Long An continues to lead in output with more than 2.09 million tons of rice, reaching 71% of the annual plan and increasing by 14.3% over the same period. Aquaculture output reached more than 82,000 tons. Meanwhile, Tay Ninh focuses on developing livestock and short-term crops, having planted more than 154,000 hectares. Both provinces have achieved high rates in new rural construction, with Long An having 142/160 communes meeting the standards, and Tay Ninh having 68/71 communes.

Trade, services and import-export also recorded strong growth. Tay Ninh achieved total service revenue of over VND66,000 billion, Long An achieved over VND55,000 billion. Tay Ninh's export is estimated at 3.39 billion USD, Long An achieved 4.21 billion USD. Tay Ninh tourism welcomed nearly 4 million visitors, total revenue of VND2,704 billion; Long An achieved over 1 million visitors, up 36%.

New growth pole of the Southeast - Mekong Delta region after the merger

After the merger, Tay Ninh province is expected to become a new growth pole of the Southeast - Mekong Delta region. Regarding specific goals, Tay Ninh sets a target of GRDP growth in 2025 of 9-9.5%, striving to reach over 10%; GRDP per capita of 115-120 million VND; the ratio of investment capital to total GRDP of 34-35%. To achieve the above goals, the province focuses on 6 key tasks. In particular, the top priority is to ensure the smooth operation of the new government model, complete the apparatus arrangement and effectively use the headquarters infrastructure after the merger.

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Phuoc Dong - Go Dau develops after the industrial park comes into operation

An important direction is to promote new growth drivers such as technology, digital transformation, innovation and the private economy. Previously, both Long An and Tay Ninh issued plans to implement Resolution No. 57-NQ/TW of the Politburo on breakthroughs in science - technology - digital transformation. In the agricultural sector, the growth target is set at 4% in 2025. To achieve this, the province will continue to implement the Project of 1 million hectares of high-quality rice, reducing emissions in the Mekong Delta; promote the transformation of crop - livestock structure, support the building of agricultural product brands and increase the application of science and technology in production.

With a strategic location on the Southern economic corridor, bordering Ho Chi Minh City, Cambodia and the Mekong Delta provinces, Tay Ninh is expected to be not only an attractive investment destination but also the second key economic region after Ho Chi Minh City.

Nguyen The

Source: https://vietnamnet.vn/dong-luc-cho-kinh-te-tay-ninh-sau-sap-nhap-2435010.html