Following the merger of three provinces, Phu Tho is among the top 10 richest provinces in the country.

TPO - In the first six months of this year and in July, Phu Tho province's socio-economic development has been remarkable, with an average economic growth rate of 10.09%, ranking among the top 10 localities with the highest development rates nationwide; attracting more than 469 million USD in foreign direct investment (FDI).

According to Mr. Ta Tuan Son, Deputy Director of the Phu Tho Provincial Department of Finance, in the first six months of the year, the average economic growth rate (GRDP) of the three provinces reached 10.09%, totaling 186.4 trillion VND. The economic structure is oriented towards industrialization and modernization, with the majority concentrated in the industrial and construction sector, accounting for 46.58%.

Phu Tho province's economic growth rate in the first six months of the year reached double digits.

Total import and export turnover reached 34.4 billion USD, an increase of 21.7% compared to the same period; disbursement of public investment capital reached over 50%; attracting more than 469 million USD in FDI...

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In the first seven months of the year, Phu Tho's industrial production index (IIP) is estimated to have increased by 25.73% compared to the same period last year, significantly higher than the national average. Key products maintained stable or significantly increased production, such as electronic components, laptops, and air conditioners.

According to Mr. Ta Tuan Son, at the July regular meeting, the Chairman of the People's Committee of Phu Tho province requested agencies and localities to continue reforming administrative procedures, improving the investment environment, resolving obstacles related to compensation and land clearance, and determining land lease prices for the implementation of projects, especially key public investment projects, creating momentum for growth and striving for double-digit economic growth this year.

Mr. Nguyen Khac Hieu, Vice Chairman of the People's Committee of Phu Tho province, affirmed that the province's economic development and budget revenue in the first six months of the year and in July achieved impressive figures. The province's budget revenue and growth rate were highly appreciated by the central government and ranked among the top 10 provinces and cities with the highest development and state budget revenue.

"Despite the difficulties encountered during the province's merger and the implementation of a two-tiered government model, all social welfare policies and measures to ensure people's livelihoods have been implemented very well by all levels and sectors, meeting the people's wishes and aspirations. With the current growth momentum, Phu Tho province is determined to achieve double-digit GRDP growth in 2025," Mr. Hieu emphasized.

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Source: https://tienphong.vn/sau-sap-nhap-3-tinh-phu-tho-trong-top-10-giau-nhat-nuoc-post1769125.tpo