Complete the first quarter economic growth target

By the end of the first quarter of 2025, Quang Ninh's GRDP increased by 10.91%, exceeding the planned scenario. This clearly shows the effectiveness in the province's management and direction with the determination to create new growth, accompanying the country to firmly step into the era of development.

In the first quarter of 2025, Thanh Cong Viet Hung Automobile Factory will put into commercial production.

To create a solid foundation, Vietnam strives to achieve double-digit growth from 2026, the Government sets an economic growth target of 8% or more in 2025. Quang Ninh is one of the four localities that the Government trusts and entrusts with a very high growth target (12%), ranking second in the Red River Delta region. Affirming high determination, based on fundamental calculations of each resource and each growth factor, the province has adjusted and built a scenario with a growth rate of 14% or more.

To implement this task, right from the beginning of the first quarter of 2025, the province has completed the development of growth scenarios, setting specific targets for each industry, field, and locality for each month and quarter. At the same time, focusing on innovation in thinking, creativity in working methods, breakthroughs in policies, repositioning local values, fully identifying advantages, challenges, conflicts, and "bottlenecks" to find ways to resolve them. The province has promoted decentralization and delegation of power, promoting the role and responsibility of leaders; actively renewing traditional growth drivers, focusing on public investment and non-budgetary investment; strongly promoting new growth drivers, creating breakthroughs in science and technology development, innovation, digital transformation, digital economy, marine economy, heritage economy, night economy, emerging fields, etc.

With specific and effective solutions, drastic action programs, and maximum support for investors and businesses, Quang Ninh has created favorable conditions for many projects and businesses to accelerate investment and start production, such as: Starting the construction of the Lite-On Quang Ninh Factory Project Phase 1 in Song Khoai Industrial Park with a total investment of 690 million USD; inaugurating and putting Thanh Cong Viet Hung Automobile Factory into commercial production; completely removing difficulties, obstacles, bottlenecks, and bottlenecks related to land and planning, ending the long-standing backlog of 12 projects... The province always ensures that economic development activities go hand in hand with improving the quality of social security, paying attention to improving the material and spiritual life of the people.

Cruise tourists to Ha Long.

By the end of the first quarter of 2025, Quang Ninh's GDP growth increased by 10.91%, exceeding the growth scenario of 0.41%, ranking 3rd in the Red River Delta and 7th in the country. Of which, industry and construction increased by 9.98%; the processing and manufacturing industry continued to be the growth driver with an increase of 20.57% with 9/14 products achieving and exceeding the planned progress. Notably, after a difficult period, the Coal industry increased by 3.9% over the same period in 2024, and electricity output also increased by 3.2%. The province has implemented many synchronous solutions to promote, focusing on attracting tourists, implementing solutions to increase the reception of international cruise ship tourist groups, supplementing services and tours to Bai Tu Long Bay, planning to organize more than 170 programs and events to promote tourism... By the end of the first quarter, this sector increased by 14.19%, Quang Ninh welcomed nearly 5.7 million tourists, an increase of 6% over the same period in 2024, ranking 3rd in the country. The agricultural, forestry and fishery sectors also recorded many positive results with an increase of 7.9%.

The results of GDP growth in the first quarter of 2025 are a favorable start, Quang Ninh has completed 1/4 of the economic growth journey of 14% in 2025. According to the GDP growth plan in the second quarter of 2025, Quang Ninh aims to reach 12.14%, which is a very high growth rate. Meanwhile, the volatile international context, especially the developments in world trade, are forecast to directly affect the growth target and production activities in the province... With that situation, Quang Ninh is in dire need of solutions to cope with possible fluctuations.

Do Phuong

Source: https://baoquangninh.vn/hoan-thanh-tang-truong-kinh-te-quy-i-3352173.html