Thai Nguyen: Flexible double-digit growth scenario

Hanh Phuc - Xuan Phuong Industrial Cluster attracts many investors, contributing to promoting growth.

In the first 4 months of the year, due to unpredictable fluctuations in the world market, the province's growth scenario has been adjusted flexibly. Many important directives and plans have been issued, including areas such as compensation, resettlement support, investment attraction, e-commerce development and promoting important infrastructure projects. With the spirit of "7 clear" directives (clear people, clear work, clear responsibilities, clear progress, clear results, clear methods, clear funding) of the province, positive changes have been created in the roadmap to achieve growth targets.

According to the report, some important economic development indicators in the first 4 months of 2025 of Thai Nguyen have been achieved and exceeded compared to the same period last year, especially in the fields of industry, trade and investment. The industrial production index increased by 7.04%, showing signs of recovery from key industries. Total retail sales of goods and consumer service revenue increased by 21.9%, a positive sign for the strong recovery of the consumer market. Domestic investment outside the budget increased by 91.2%, also recording many positive developments in private economic activities... However, there are still some indicators that have decreased compared to the same period, which need to be increased to compensate in the coming months, especially export value. It is estimated that up to now, the province's export value has decreased by about 7.57%, reflecting the general difficult situation, especially for the FDI enterprise group, in the context of global trade tensions.

To achieve the growth target of 10.5% by 2025, Thai Nguyen province is drastically implementing the proposed solutions. Specifically, focusing on attracting investment in industrial parks (IPs) and industrial clusters (ICs), especially FDI projects. Quickly put secondary projects into operation, creating new production value. The province is directing the acceleration of important projects such as: Song Cong II IP Phase 2, Yen Binh 3 IP and regional infrastructure projects, including the Ring Road V Project and the Phu Binh 2 220kV Transformer Station Project; focusing on developing ICs, attracting investors to Son Cam I IP, Hanh Phuc - Xuan Phuong IP and other advantageous ICs, contributing to creating new production value for the province.

The important solution that the province is focusing on implementing at this time is to resolve difficulties in compensation, site clearance, and resettlement support to promote the progress of residential, urban, industrial and large-scale transport infrastructure projects. Continuously promote budget collection, especially land use fees and revenue from large investment projects, to ensure capital for infrastructure projects. Focus on developing e-commerce and OCOP products, promoting tourism and service demand to increase income from these important industries. In addition, the province continues to pay attention to monitoring and giving opinions on adjusting tax, financial and credit policies, while creating favorable conditions for businesses to improve production and export capacity.

The implementation of the economic growth scenario in 2025 in Thai Nguyen province has shown many positive results, but there are also many difficulties that need to be solved. With the strong direction from the authorities at all levels, the efforts of businesses and the community, Thai Nguyen can completely achieve the double-digit growth target, contributing to the overall development of the country in 2025.

Source: https://baothainguyen.vn/thoi-su-thai-nguyen/202505/thai-nguyen-linh-hoat-kich-ban-tang-truong-2-con-so-ecc1ee6/