Exploiting the potential well, Vinh Phuc will develop rapidly

In the era of national development, Vinh Phuc province needs to take advantage of the strength of the times and the strength of the nation, make good use of opportunities for breakthrough development, creating a golden period of development in the coming decade.

Honda Vietnam Automobile Company is a major contributor to the annual state budget revenue.

Photo Khanh Linh

Constantly expanding room for development

Over the past two decades, the provincial Party Committees and authorities have aroused and promoted the historical, cultural and revolutionary traditions of the land and people of Vinh Phuc, leading the people in the province to overcome all difficulties, promote socio -economic development, and improve the material and spiritual life of the people.

Since 2004, Vinh Phuc has been able to balance its budget expenditures and has begun to contribute and regulate the central budget. The industrial sector plays a leading role, a driving force for economic development. The investment and business environment has been improved. Agriculture and rural areas have been given attention and flourished, changing the face of the villages.

The system of transport and urban infrastructure is planned and invested in and built more and more spaciously. Many key projects and works have been invested in and put into use. The fields of education, health, culture, employment and social security have received attention. Vinh Phuc education has been in the top of the country for many years. The poverty rate according to the new standards is 0.44%.

The province's socio-economic situation in 2024 has positive signs. Per capita income is among the country's good ones. Budget revenue reaches 30,468 billion VND. Foreign direct investment attraction reaches 600 million USD, thereby continuing to affirm investors' confidence in the province.

Green Vinh Yen. Photo by Khanh Linh

The Provincial People's Council has strengthened its supervision of the implementation of legal policies and the results of the implementation of issued resolutions. Through meetings with voters, the People's Council delegates have conveyed many of their wishes and recommendations, contributed ideas, built the government, implemented tasks, and proposed solutions for socio-economic development.

The Provincial People's Committee innovated in its management, focusing on handling existing problems and weaknesses, removing difficulties and obstacles, unlocking resources, and attracting investment with new quality. Notably, the working awareness, working methods, and spirit of serving the people and businesses of the staff and civil servants were improved.

The Fatherland Front and mass organizations maintained stability, coordinated with agencies and enterprises to organize many activities to care for the people, union members and association members; there was an initial change in awareness and activities towards focusing on practical effectiveness.

However, in 2024, the Party Committee and people of Vinh Phuc experienced unprecedented difficulties and challenges in changing key personnel.

In recent years, the province's economic growth has slowed down. Some of the province's advantages have not been exploited and achieved the desired results. Many problems and shortcomings have not been resolved. The progress of infrastructure investment projects in industrial parks and industrial clusters is slow. The occupancy rate of new industrial parks is 44.62%.

In addition, urban infrastructure has not kept up with the pace of urbanization and is not on par with the province's development. Many public investment projects are behind schedule, have to be adjusted and extended, and are not very effective. The work of overcoming, removing obstacles, clearing and releasing resources is still slow. Attracting high-quality human resources, good experts at national and international level, and applying science and technology in production and business is still limited. The province lacks technical human resources that can meet the demand for chip design, microcircuit, semiconductor and electronics production, etc.

In terms of area, Vinh Phuc is more than 1,200km2. Of which, Tam Dao National Forest is large but has not brought economic benefits. Many areas of production forests and land along the Red River and Lo River have very low cultivation efficiency. Many fields are abandoned, ineffective, and slow to be converted. Land resources have not been exploited effectively.

Human resources, resources among the people, and scientific and technological resources are still modestly exploited. Vinh Phuc has not yet taken advantage of many advantages of being located in the Capital region, a dynamic economic region in the North. In general, the province's potential for natural resources, minerals, and human factors has not been effectively exploited by the province. Meanwhile, the potential for science, technology, and high-quality human resources is endless, but has not been exploited much.

History proves that the development of a country or a region does not depend much on area and population, but on the development of science, technology, and human factors (like Singapore, with only 712 km2 but has become an international financial center, with people having the highest income in Asia).

Therefore, on the one hand, Vinh Phuc needs to attract high-quality human resources to the province, on the other hand, it must attach importance to the application of science and technology in the spirit of Resolution No. 57, dated December 22, 2024 of the Politburo on breakthroughs in science and technology development, innovation and national digital transformation.

Besides, the province needs to use resources effectively. The potential of Vinh Phuc needs to be awakened as soon as possible by people with heart, vision, dare to think, dare to do; it is necessary to combine the strength of the times, the strength of the nation with the internal strength of the province so that the room for development is constantly increasing.

Expectations in the new development stage

The development of Vinh Phuc depends first and foremost on the nation's position and destiny. In the era of national development and rising national position, Vinh Phuc needs to take advantage of the strength of the times and the strength of the nation, make good use of opportunities for breakthrough development, creating a new golden age.

The revolution in streamlining the political system's organizational apparatus, along with the revolution in digital transformation and application of science and technology, is creating great opportunities to improve the efficiency of the State apparatus. Party congresses at all levels need to set the goal of "finding talented people" and "finding people who dare to use talented people".

Recently, someone expressed the opinion that "Vinh Phuc has passed its golden age". In reality, the two enterprises Honda and Toyota that contributed the most to the province's budget were both decided to be established and started construction in 1995 and 1996 of the last century. Investment preparation and site clearance work were even carried out before that. The effort to bring these enterprises to the province belonged first to the Central Government and the Government, then to the determination of the Party Committee of Vinh Phu province (old). After the province was separated, Vinh Phuc inherited this legacy and developed more industrial parks, but only attracted smaller-scale enterprises with low budget contributions.

To develop rapidly and increase budget revenue, the cadres and party members of the province need to innovate their thinking, innovate investment attraction and innovate their working methods. Vinh Phuc province does not only rely on its own human resources but also needs to rely on high-quality human resources, intellectuals, scientists, experts, strategists and high-level engineers from within the country and abroad.

Tam Dao - Town in the clouds. Photo by Khanh Linh

In recent months, a number of events held in the province have revealed new ways of thinking and new perspectives on economic development. The province has successfully organized the Conference on Sustainable Development of Vinh Phuc Industrial Parks, setting specific goals in site clearance, land allocation; resolving land sources for leveling; developing the semiconductor industry. The 2nd Vinh Phuc Innovation and Startup Festival in 2024 suggested directions for developing an innovative startup ecosystem.

At the end of 2024, many large economic groups and enterprises came to Vinh Phuc such as VPV Group, SDLINK Company Limited, Pacific Construction Group, Samsung Group, iMarketVietnam Company Limited, KinderWorld Group, SK Korea Company...

Notably, Vinhomes Joint Stock Company proposed a project using 2,375 hectares to build an international-scale urban and entertainment complex in Vinh Phuc. Recently, Korea's Signetics Joint Stock Company and CNCTech Group signed a cooperation agreement to invest in a $100 million semiconductor factory project in Ba Thien Industrial Park - Zone I, Binh Xuyen District. A number of investors in the semiconductor and electronics sectors are looking to Vinh Phuc in the first month of 2025. If this trend continues, Vinh Phuc will be able to create a new golden age within the next decade.

In 2025, when the country enters the era of national development, the people and business community of Vinh Phuc province expect that the newly re-established staff of the province will effectively resolve outstanding work and practical shortcomings, especially in terms of organizational structure, budget use, resource exploitation, and project implementation.

The people hope that the entire political system of the province will operate with a new spirit, high determination, turn challenges into opportunities, find breakthrough directions, and not miss development opportunities in the new period./.

Ha Hong Ha

(Head of Nhan Dan Newspaper Representative Office in Vinh Phuc)

Source: https://baovinhphuc.com.vn/Multimedia/Images/Id/123083/Khai-thac-tot-du-dia-tiem-nang-Vinh-Phuc-se-phat-trien-but-pha