Nearly 870 million USD of FDI capital invested in Nghe An

The Standing Committee of Nghe An Provincial Party Committee has just held its regular meeting in September 2025. This is the first meeting of the Standing Committee of the 20th Provincial Party Committee for the 2025-2030 term.

According to a report from Nghe An province, the growth rate of gross regional domestic product (GRDP) in the third quarter is estimated to increase by 8.62%. The total growth rate for the first 9 months of this year is estimated to reach 8.61% (ranking 11th out of 34 provinces and cities and 2nd in the North Central sub-region), higher than the 8.49% increase in the same period in 2024, approaching the lower limit of the 9-month growth scenario of 8.95%.

Notably, the industrial and construction sector continued to maintain high growth, estimated at 13.73% in the first 9 months. The industrial sector alone increased by 15.15%. The service sector continued to maintain stability with a growth rate of 7.63%; total retail sales of goods and consumer service revenue were estimated at over VND130,360 billion, up 15.07%. Export turnover of goods was estimated at over USD3 billion, up 40% over the same period.

Nghe An is gradually affirming its position as a destination for domestic and foreign investors.

Budget revenue in the first 9 months was over VND20,000 billion, reaching 113% of the estimate assigned by the Provincial People's Council, up 30% over the same period. Local budget expenditure was over VND35,000 billion, reaching 83.5% of the estimate.

As of September 30, the total public investment plan for 2025 had disbursed more than 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 granted and increased investment capital is over VND 33,800 billion, of which FDI capital is nearly USD 870 million.

The fields of culture, education and health have achieved many positive results. The work of directing, responding to and overcoming the consequences of natural disasters has been deployed quickly; organizations and individuals continue to promote the spirit of solidarity, sharing and helping people in difficulty and damage caused by natural disasters, storms and floods...

Nghe An Provincial Party Secretary Nguyen Duc Trung said that in recent times, despite many difficulties, challenges, lack of resources and especially damage from natural disasters - storms on storms, floods on floods, the province has achieved many positive results. This is reflected in the growth rate of total product, budget revenue, investment attraction, cultural, social and social security sectors; ensuring national defense, security and order in the area.

Although growth has not reached the target assigned by the Provincial People's Council, it has approached the target assigned by the Government; budget revenue exceeded the estimate by 13%; investment attraction was quite positive, approaching 1 billion USD. In addition, Nghe An has initially operated the 2-level local government effectively.

The Secretary of the Nghe An Provincial Party Committee suggested that the whole province should focus on measures to achieve the highest growth targets and targets this year; especially in the production and business sectors that still have room. Continue to manage and operate the budget revenue and expenditure strictly and effectively; strive to achieve the budget revenue target of 26,000 billion VND; spend the budget economically and effectively, and prioritize resources for tasks to overcome the consequences of natural disasters.