Thanh Hoa: Economic development is the focus

Flag-saluting ceremony, opening of the 20th Thanh Hoa Provincial Congress.

The Thanh Hoa Provincial Party Committee and People's Committee have closely coordinated with central ministries and branches to advise on the issuance of the Government's Action Program to implement Resolution No. 58-NQ/TW of the Politburo ; submitted to the Government resolutions and decisions to guide and specify the process and procedures for implementing specific policies and mechanisms, and approved plans and projects, as a basis for Thanh Hoa to implement.

Up to now, 5/8 specific mechanisms and policies have been put into practice, helping Thanh Hoa province have more resources for investment and development, shortening the time and creating more favorable conditions for handling procedures on land, planning, etc. for investors and businesses.

The Children's Cultural Palace and Sports Center with a total investment of nearly 248 billion VND in Hac Thanh ward, Thanh Hoa province has just been inaugurated and put into use.

The structure of economic sectors in GRDP has shifted in the right direction. Agricultural, forestry and fishery production has developed quite comprehensively in the direction of large scale, applying high technology, linked to product consumption; some new agricultural products have been exported, bringing high income to people. Livestock has developed in the direction of farms, applying high technology, ensuring disease safety; the total herd of cattle and poultry has rapidly developed.

In Thanh Hoa province, a number of food production, processing and trading chains have been formed; 531 more products have been recognized as OCOP. Small-scale industry and rural industries continue to develop; many products have affirmed their quality and brand in the domestic and export markets.

Over the past 5 years, the total mobilized social investment capital in the province is estimated at 700.1 trillion VND, 1.14 times higher than the period 2016-2020. The disbursement rate of public investment capital managed by Thanh Hoa province every year is always among the leading provinces in the country. The structure of investment capital has shifted towards reducing the proportion of state capital and rapidly increasing the proportion of non-state capital. Many more projects and production facilities have completed investment and come into effective operation. The construction sector has an average annual growth rate of 7.34%; services have an annual growth rate of 8.01%. Trade has developed in a civilized and modern direction. The export value in 2025 is estimated to reach 8 billion USD, achieving the Congress's target.

Delegates attending the 20th Thanh Hoa Provincial Party Congress.

Thanh Hoa's annual state budget revenue always exceeds the central government's estimate and is among the top 10 provinces and cities with the highest state budget revenue in the country. The allocation and use of the state budget are restructured in the direction of reducing regular expenditures, increasing development investment expenditures, and prioritizing urgent and necessary tasks.

Phase 2021-2025, The average gross regional domestic product (GRDP) growth rate in Thanh Hoa province is estimated at 10.24%, ranking 4th in the country and 3rd in the group of 10 provinces and cities with the largest economic scale in the country, before the merger of provinces and cities. The GRDP scale in 2025 is estimated at 357,760 billion VND, 1.9 times higher than in 2020, ranking 8th in the country; GRDP per capita is estimated at 3,750 USD, 1.7 times higher than in 2020.

MAI LUAN

Source: https://nhandan.vn/thanh-hoa-phat-trien-kinh-te-la-trong-tam-post915453.html