Many bright spots in the province's economic picture.

In the first four months of the year, under the close and decisive direction of the Provincial Party Committee, the Provincial People's Council, and the Provincial People's Committee, along with the unity, determination, and concerted efforts of the entire political system, and the consensus of the people and the business community, the socio-economic situation of the locality achieved many positive results, social welfare was ensured, and political security, order, and social safety were maintained stably.

Notably, in the investment sector, realized investment capital from the state budget managed by the locality reached an estimated VND 634.8 billion, an increase of 21.4% compared to the same period last year. Of this, investment capital managed at the provincial level amounted to VND 417.4 billion, accounting for 65.8% of the total and increasing by 30.8%; investment capital managed at the district level amounted to VND 212.7 billion, accounting for 33.5% and increasing by 4.8% compared to the same period last year. The proportion of investment capital from the state budget managed by the locality in the first four months of the year compared to the 2024 plan reached 20.2%, the highest level in the years 2020-2024. This result was achieved thanks to the province's focused direction in accelerating the progress of key projects and works; specialized project management boards and investors actively worked to complete investment procedures; The province directed the timely resolution of difficulties and obstacles, especially regarding compensation and land clearance.

Workers at Phong Phu Household Textile Joint Stock Company (Ninh Son) begin their production shift. Photo: V. Ny

In the fields of trade, services, and tourism, the province continues to be the driving force behind its economic growth. The abundant, diverse, and varied goods circulating in the market meet the needs and tastes of the population, contributing to increased purchasing power, primarily in certain groups of goods and services serving essential consumer needs. Total retail sales of goods and consumer service revenue reached VND 13,806.8 billion, an increase of 13.4% compared to the same period last year. By sector, retail sales of goods are estimated at VND 10,544.2 billion, accounting for 76.4% and increasing by 13%; revenue from accommodation and food services is estimated at VND 2,080.5 billion, accounting for 15.1% and increasing by 15.6%; and revenue from travel and tourism is estimated at VND 5.3 billion, accounting for 0.04% and increasing by 15.4%. Revenue from other services is estimated at VND 1,176.8 billion, accounting for 8.5% and increasing by 13.2% compared to the same period last year.

Industrial production maintained growth, with the Industrial Production Index (IIP) increasing by 11.58% year-on-year. Local government revenue reached VND 1,623.2 billion, achieving 40.6% of the provincial People's Council's projected target and increasing by 31.7% year-on-year. Efforts to address business difficulties were prioritized, including the organization of a Q1/2024 Business Meeting. Successful activities and events commemorating the 32nd anniversary of the province's re-establishment; the provincial planning announcement and investment promotion conference; the 49th anniversary of the liberation of Ninh Thuan province; and the liberation of the South and national reunification were organized, demonstrating meaningful and practical support from the people. Social welfare policies continued to be prioritized and fully implemented; disease prevention and control efforts were strengthened; and food safety and hygiene were ensured. Security, political stability, order, and social safety have been maintained.

Building on the achievements, the province will continue to closely monitor and decisively and effectively implement the goals and tasks of the resolutions of the Government, the Provincial Party Committee, and the Provincial People's Council, as well as the main tasks and solutions for implementing the socio-economic development plan and the state budget estimate for 2024, determined to complete the political tasks of 2024 with the highest possible results.

Accordingly, focus on directing and promoting summer-autumn crop production in conjunction with effectively implementing crop restructuring and developing large-scale farming areas; effectively implementing the Plan for responding to drought, water shortage, saltwater intrusion, and the El Nino phenomenon; strengthening forest fire prevention and control and forest protection. Focus on effectively implementing the National Target Program on building new rural areas in 2024.

Tourists visit the Ba Mọi grape farm in Phước Thuận commune (Ninh Phước district). Photo: Tiến Mạnh

Directing the implementation of Decision No. 262/QD-TTg dated April 1, 2024, of the Prime Minister promulgating the Plan for implementing the Power Development Plan VIII; focusing on removing difficulties and accelerating the progress of energy projects, especially the Phuoc Thai 2 and 3 solar power projects, to bring them into operation soon. Completing the master plan for the construction of the Ninh Chu National Tourist Area until 2040. Continuing to support businesses in overcoming difficulties and promoting growth for some industrial products such as construction stone, frozen shrimp, and processed salt; urging the acceleration of the implementation of investment projects for the construction of technical infrastructure in industrial clusters, and production and business projects expected to commence construction in 2024. Developing a plan for implementing the Provincial Planning for the period 2021-2030, with a vision to 2050, for submission to the Prime Minister for approval as prescribed. Continue directing the implementation of solutions to accelerate the disbursement of public investment capital, capital for socio-economic recovery and development programs, and the three national target programs, especially the progress of key projects. Focus on accelerating the progress of key projects and the Southern key economic region, and organize the selection and approval of investors for the Ca Na LNG project. Strictly manage and effectively implement solutions for budget revenue collection; effectively exploit revenue from land; focus on accelerating the auctioning of land and property assets to generate budget revenue. Implement proactive, flexible, and effective monetary policies, especially fiscal and monetary policies under the socio-economic recovery and development program, to both stimulate aggregate demand and remove difficulties, helping businesses recover production and business activities.

Directing the organization of end-of-year exams for the 2023-2024 school year at all levels, and preparing well for the 2024 high school graduation exam. Proactively monitoring and actively preventing and controlling outbreaks of infectious diseases during the summer; implementing the centralized procurement of medicines through bidding in 2024; strengthening inspection, examination, and post-inspection work on food safety and hygiene. Promoting administrative reform associated with improving the capacity and efficiency of the government apparatus at all levels, and implementing synchronized solutions to improve provincial-level evaluation indicators.

Spring of the Year of the Fire

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