Closing the pivotal year of implementing the Resolution of the 20th Provincial Party Congress and the Resolution of the Provincial People's Council on socio-economic development for the 5-year period of 2021 - 2025 with many difficulties and challenges; however, with the highest efforts and determination of the entire political system, the province's economy has made a clear breakthrough, thereby creating a solid foundation towards completing the goals set out in the Resolution of the 20th Provincial Party Congress.
Provincial leaders presented investment certificates and flowers to congratulate three investors at Lien Ha Thai Industrial Park with a total investment of 270 million USD, October 4, 2023. Photo: Khac Duan
Positive economic growth
By the end of 2023, the total product in the area (GRDP) is estimated at 67,948 billion VND, an increase of 7.37% compared to 2022, higher than the national average; the total production value is estimated at 203,029 billion VND, an increase of 6.6% compared to 2022. Due to relatively favorable weather conditions and well-controlled plant and animal diseases, the production value of agriculture , forestry and fishery has been maintained stably and achieved positive results. The total production value of the whole industry is estimated at 29,782 billion VND, an increase of 2.2% compared to 2022. The work of building advanced new rural areas continues to receive attention and direction for implementation in a practical and effective direction. Up to now, the whole province has 27 communes meeting advanced new rural standards, 9 communes have completed advanced new rural criteria, 1 commune has completed model new rural criteria, the appraisal team has completed the dossier to submit to the Provincial People's Committee for recognition of meeting the standards.
Along with agriculture, industrial production and construction also had a good growth rate with a total production value estimated at nearly 138,000 billion VND, an increase of 7.6% compared to 2022, of which the value of the industrial sector is estimated at more than 103,000 billion VND, an increase of 7.9%, the value of the construction sector is estimated at nearly 35,000 billion VND, an increase of 5.1% compared to 2022. During the year, urban development and beautification work was directed with attention and achieved positive results; the province selected and implemented nearly 30 housing development projects with a capital of over 20,000 billion VND; at the same time, completed a number of important projects contributing to changing the urban appearance and improving the spiritual life of people in Thai Binh city such as Ky Ba park, Ty Ruou lake, removing bottlenecks on Ngo Quyen street, a number of inner-city roads, lighting systems, trees, etc.
Investment attraction has shown many improvements. By the end of 2023, the total registered investment capital of projects reached nearly 90,000 billion VND, more than 4 times higher than the same period in 2022, of which FDI capital reached over 3 billion USD, the highest ever. During the year, the province successfully organized investment promotion delegations to Japan, Korea, New Zealand, Australia, the United Kingdom, etc., signed a number of important cooperation agreements, and at the same time enhanced the position, image, promoted and invited investment into the province; Organize receptions and work with delegations, corporations, and large domestic and foreign enterprises coming to study and explore investment opportunities in Thai Binh such as Dentsu Kensetsu Vietnam Co., Ltd., Truong Thanh Vietnam Group Joint Stock Company, Tokyo Gas Japan Company, Taiwan Electromechanical and Electronics Association, Hyosung Group (Korea), Hyosung Vietnam Co., Ltd., Korean Embassy in Vietnam...; work with Vietnam Electricity Group on the plan to develop the province's power supply network, with Vietnam National Coal and Mineral Industries Group on implementing a number of investment projects in Thai Binh. Paying attention to directing the serious implementation of administrative reform as well as investment attraction, the province's administrative reform indexes in 2022 all increased in points and ranks compared to 2021 such as: Provincial competitiveness index PCI ranked 28/63 provinces and cities, up 19 ranks; The PAR INDEX administrative reform index ranked 43rd out of 63 provinces and cities, up 7 places; the SIPAS administrative service satisfaction index ranked 13th out of 63 provinces and cities, up 27 places. The disbursement of public investment capital was directed to be implemented drastically, so the province continued to be in the top of the country in disbursement of public investment capital, reaching 128% of the capital plan assigned by the Prime Minister in 2023. Although budget collection was affected by the implementation of the policy of extension and postponement and the operation of enterprises, especially large enterprises, facing many difficulties, it still ensured that the total domestic revenue reached over 10,000 billion VND.
Creating momentum for economic development
To achieve that result, from the beginning of the year, the Provincial Party Committee, People's Council and People's Committee anticipated the situation and difficulties arising in implementing the socio-economic development tasks in 2023, so they focused resources and were determined in leading and directing the implementation of the tasks. The Standing Committee of the Provincial Party Committee, the People's Council, and the leaders of the Provincial People's Committee have actively directed and worked with the central government and investors to remove difficulties and obstacles and prepare necessary conditions to implement a number of important driving force projects such as the Ninh Binh - Hai Phong Expressway (CT.08), the coastal road, the Thai Binh LNG thermal power plant project, procedures for establishing VSIP industrial park, Pharmaceutical - Biological industrial park, Tan Truong industrial park, Hai Long industrial park, provincial planning, industrial land quotas... Along with that, the province has successfully organized many events and forums to expand foreign relations and international economic cooperation, attract investment, especially successfully organized the cultural exchange program - connecting Vietnamese - Korean enterprises "Thai Binh Homecoming Day", thereby contributing to promoting the image of Thai Binh land and people while opening up opportunities to attract investment and develop the economy - society. In addition, the Provincial People's Committee focused on reviewing and promptly handling difficulties and obstacles, resolving "bottlenecks" to unblock resources, exploit potential areas and promote the development of industries and sectors. The province has established a special working group to remove difficulties and obstacles, effectively support enterprises, investors and investment projects in the province, headed by the Chairman of the Provincial People's Committee; 3 working groups to direct the resolution of outstanding work and obstacles, headed by the Vice Chairmen of the Provincial People's Committee; a working group to support the implementation of the LNG power project; at the same time, the province organized a working delegation to work with 5 districts on the socio-economic development situation, disbursement of public investment capital and removing difficulties and obstacles in production and business.
In 2024, the economy is forecast to continue to face many difficulties and challenges. However, with the breakthrough of 2023 as well as the period of 2021 - 2023 and the high determination of the entire political system, the consensus and support of the people, the efforts to overcome difficulties and rise of the business community, we believe that in 2024 and the following years, Thai Binh will continue to improve its position, reaching a new level of development in the region as well as in the whole country.
| “Promoting the achievements, entering 2024, Thai Binh will continue to accelerate the implementation of tasks on the basis of firmly maintaining the General Objective, determined to make breakthroughs, create more positive and stronger changes in implementing programs and plans and in implementing 5 key tasks, 3 strategic breakthroughs; completely resolve limitations, weaknesses, bottlenecks and obstacles; improve the overall quality and competitiveness of the economy; strongly attract and unblock resources; effectively use investment sources to boost infrastructure investment; pay comprehensive and synchronous attention to the fields of culture, society, education, health, social security, national defense and security. Continue to improve leadership capacity and operational efficiency, promote administrative reform, strongly improve the investment and business environment; strengthen discipline and order; promote the prevention and fight against corruption, negativity and waste”. (Excerpt from the speech of comrade Ngo Dong Hai, member of the Party Central Committee, Secretary of the Provincial Party Committee at the 7th session of the 17th Provincial People's Council, term 2021 - 2026) |
Produced at Tan De Company. Photo: Ha Thanh
Main socio-economic development indicators of Thai Binh province in 2024 1. Economic: - GRDP growth rate reaches 8.5 - 9% compared to 2023. - The value of agricultural, forestry and fishery production increases by 2.1 - 2.2% compared to 2023. - Industrial and construction production value increases by 9 - 10.2% (of which industry increases by 9.3 - 10.9% and construction increases by 8.2%) compared to 2023. - Service production value increases by 7 - 7.2% compared to 2023. - The proportion of industry, construction and services in GRDP (excluding product tax) reaches 81.4 - 81.5%. - The proportion of agricultural labor in the total social labor force has decreased to about 23.5%. - Export turnover increases by 6.2% or more compared to 2023. - Import turnover increases by 9.4% or more compared to 2023. - Total social development investment capital increases by 6.3% compared to 2023. - Number of communes meeting the criteria of advanced new rural communes in 2024: 10 communes or more. - State budget revenue in the area reached 9,878 billion VND, of which domestic revenue (excluding land use fees and lottery revenue) reached 4,798 billion VND. - Labor productivity (calculated at comparable prices) increases by 8.3 - 8.8% compared to 2023. - GRDP per capita (calculated at current prices) reached 75.1 - 75.4 million VND. 2. Cultural and social fields: - The birth rate reduction reached 0.1‰. 3. About the environment: - The rate of operating industrial parks with centralized wastewater treatment systems that meet environmental standards is 100%. |
Minh Huong
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