Part 2: Putting all efforts into the big goal

In 2025, despite numerous challenges, Thai Binh province still aims for a GRDP growth rate of 10.5% or higher. This is truly a challenge, a measure of determination, and a testament to the aspiration to surpass itself and lead the homeland and the country towards development.

Báo Thái Bình•27/03/2025

Yarn exports are one of the province's key industries. In the photo: Production at Thang Long Import-Export Investment Joint Stock Company.

High political determination

To achieve the above targets, the Provincial People's Committee has set growth targets for the agricultural sector at 3.6%, industry and construction at 17.3%, and trade and services at 10%. Many economic experts believe these are high growth thresholds, requiring great effort and determination from every level, every sector, every citizen, and the business community, along with truly fundamental solutions, in order to be achieved.

The Provincial People's Committee has directed departments, agencies, and localities to demonstrate strong political determination, decisive action, bold thinking, and proactive and creative leadership and management. Each agency and unit must focus on reviewing economic goals and targets, analyzing and evaluating potential, advantages, and development opportunities to propose solutions for leadership, direction, and implementation in a decisive, synchronized, and flexible manner, striving to achieve the highest possible level of economic development targets for 2025.

Comrade Nguyen Manh Hung, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, requested that departments, agencies, and localities clearly define regular and urgent goals, and on that basis propose effective implementation solutions to create significant changes and major breakthroughs. High priority should be given to strategic tasks that are crucial for the province's economic growth; effectively mobilizing and allocating resources to create new value. The tasks and solutions outlined in the resolutions, conclusions, and directives of the Central Government, the Provincial Party Committee, the Provincial People's Council, and the Provincial People's Committee on socio-economic development in 2025 must be thoroughly and comprehensively implemented.

Breakthrough solution

It can be said that the double-digit growth target for 2025 presents departments, localities, and the people and businesses with a difficult challenge; solving it requires new thinking and breakthrough solutions. Instead of directing and investing in development in a scattered manner across all sectors, the province has selected key economic sectors to concentrate investment resources, creating room and strength to drive growth.

In the agricultural sector, the province's policy is to develop sustainable agriculture by improving quality and efficiency in line with market demands; building brands for key agricultural products, especially the Thai Binh rice brand. This includes planning for key agricultural commodity production areas, specialized livestock farming, and aquaculture, linked with investment in infrastructure serving production and agricultural processing networks; restructuring livestock herds and implementing safe production processes with high economic value and stable markets.

Mr. Do Quy Phuong, Deputy Director of the Department of Agriculture and Environment, stated: The entire agricultural sector is striving to achieve the growth targets of 4.27% in crop production, 3.32% in livestock farming, and 2.97% or more in aquaculture. Along with this, the Department of Agriculture and Environment will lead and coordinate with other departments, sectors, and localities to effectively implement the One Commune One Product (OCOP) program, aiming to have an additional 25 communes with 60 products certified under the OCOP program by 2025, contributing to enhancing the economic value and production efficiency of people, businesses, cooperatives, and craft villages.

To achieve a breakthrough in the industrial sector with a growth rate of 19.8%, Thai Binh is focusing on restructuring towards developing industries and products with competitive advantages, high added value, and environmental friendliness, while promoting processing, manufacturing, and supporting industries. Several manufacturing sectors will play a pivotal role in growth, such as processing and manufacturing, electricity production and distribution, water supply, and waste and wastewater management and treatment. The potential for industrial development mainly lies in economic zones, industrial parks, and industrial clusters, with rapid and synchronized investment in technical infrastructure and attracting high-quality secondary projects.

Mr. Vu Kim Cu, Head of the Management Board of Economic Zones and Industrial Parks, said: "The determination to improve the investment and business environment and the active removal of obstacles to create favorable conditions for investors to implement projects will further boost the province's development. In the Economic Zones and Industrial Parks alone, 42 large projects have been invested in and put into operation, such as Greenworks, Keystone Electrical, Goodway, Longstar Lighting..., with a projected total revenue of 17,065 billion VND in 2025."

Creating more room for development: Alongside maximizing growth from large-scale and key projects, the province has identified accelerating the disbursement of public investment capital, striving to disburse 100% of the allocated capital plan, and speeding up the implementation of key projects as one of the solutions to create room for industrial and commercial development. Simultaneously, strengthening trade promotion activities, supporting businesses in connecting with markets for typical and key products; maintaining market stability and developing tourism into an important economic sector, will accelerate the development of the trade and service sectors in 2025 and subsequent years.

Mr. Do Van Ve, Chairman of the Provincial Business Association, shared: "We highly appreciate the nine key tasks and solutions implemented by the Provincial People's Committee to achieve double-digit growth targets. The determination of all levels, sectors, and localities to improve the investment and business environment, enhance the PCI and DDCI indices, especially reviewing and clarifying inadequacies and obstacles in mechanisms and policies, and focusing on removing bottlenecks, obstacles, and difficulties will help the business community unleash its energy, feel secure, and boldly invest and expand production and business scale, contributing to achieving the goal of attracting more than 50,000 billion VND in investment capital to the province in 2025."

The unity, determination, and concerted efforts of the entire political system, business community, and people from the beginning of the year are the strength and driving force that give us confidence that the province's growth target for 2025 will become a reality. More importantly, we will achieve the goals set forth in the Resolution of the 20th Provincial Party Congress, term 2020-2025, by 2025: the proportion of industry, construction, and trade and services in GRDP will reach 80% or more; GRDP per capita will reach 90 million VND (3,500 USD) or more; average per capita income will reach 78 million VND/year or more; and the number of poor households will be reduced by one-third compared to 2020 – goals that will propel Thai Binh to become a moderately developed province, catching up with the leading group by 2030, and becoming a developed province in the Red River Delta region by 2045.