The Standing Committee of the Nghe An Provincial Party Committee recently held its regular meeting for September 2025. This was the first meeting of the Standing Committee of the Provincial Party Committee, 20th term, 2025-2030.
According to a report from Nghe An province, the Gross Regional Domestic Product (GRDP) growth rate in the third quarter is estimated at 8.62%. For the first nine months of this year, the estimated growth is 8.61% (ranking 11th out of 34 provinces and cities and 2nd in the North Central sub-region), higher than the 8.49% growth rate of the same period in 2024, and approaching the lower end of the nine-month growth scenario of 8.95%.
Notably, the industrial and construction sector continued its high growth momentum, estimated at 13.73% in the first nine months. The industrial sector alone grew by 15.15%. The service sector remained stable with a growth rate of 7.63%; total retail sales of goods and consumer service revenue are estimated at over 130,360 billion VND, an increase of 15.07%. Goods exports are estimated at over 3 billion USD, a 40% increase compared to the same period last year.
Revenue collection for the first nine months reached over 20,000 billion VND, achieving 113% of the provincial People's Council's projected target, a 30% increase compared to the same period last year. Local budget expenditure reached over 35,000 billion VND, achieving 83.5% of the projected target.
As of September 30th, the total public investment plan for 2025 has disbursed over VND 4,620 billion, reaching 45.27% of the total plan and 50.9% of the plan assigned at the beginning of the year.
Regarding investment attraction, the province has approved investment policies/issued investment registration certificates for 55 projects and adjusted 147 projects. The total newly approved and increased investment capital is over 33,800 billion VND, of which FDI capital is nearly 870 million USD.
The fields of culture, education , and health have achieved many positive results. The direction, response, and recovery efforts following natural disasters have been implemented quickly; organizations and individuals continue to demonstrate a spirit of solidarity, sharing, and assistance to those affected by natural disasters, storms, and floods.
According to Nguyen Duc Trung, Secretary of the Nghe An Provincial Party Committee, despite numerous difficulties, challenges, resource shortages, and particularly the damage caused by natural disasters – successive storms and floods – the province has achieved many positive results. This is reflected in the growth rate of the gross domestic product, budget revenue, investment attraction, cultural and social fields, social security; and the maintenance of national defense, security, and order in the province.
Although growth has not yet reached the target set by the Provincial People's Council, it is close to the target set by the Government; budget revenue exceeded the forecast by 13%; investment attraction has been quite positive, approaching 1 billion USD. In addition, Nghe An has initially implemented a two-tiered local government system with positive results.
The Secretary of the Nghe An Provincial Party Committee requested that the entire province focus on measures to achieve the highest possible growth targets and indicators for this year, especially in sectors and business areas with remaining potential. He also urged continued strict and effective management and control of budget revenue and expenditure; striving to achieve a budget revenue target of 26,000 billion VND; and spending budget funds economically and efficiently, prioritizing resources for tasks related to disaster relief.
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Source: https://tienphong.vn/gan-870-trieu-usd-von-fdi-dau-tu-vao-nghe-an-post1787953.tpo
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