At the press conference on the socio-economic development situation in the first 6 months of the year, tasks and solutions for the last 6 months of 2024 on June 17, the People's Committee of Bac Ninh province said that in the first half of this year, despite many difficulties, with the drastic direction and efforts of all levels, sectors, business community,... the socio-economic development situation of the locality has achieved some positive results.

Accordingly, in the first 6 months of the year, Bac Ninh province's GRDP increased by 2.32% over the same period in 2023; industrial production recovered positively, the index of industrial production (IIP) increased by 1.5%.

Besides, trade and service activities were bustling, total retail sales of goods and service revenue was estimated at 49,964 billion VND, up 8.5%; State budget revenue and expenditure were guaranteed, resources were cleared.

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Press conference scene.

Investment promotion, attraction and business development activities have been promoted, many working groups have been established to promote investment and seek development cooperation opportunities in many countries such as China and some European countries.

Newly granted capital for FDI projects doubled, with registered capital increasing 1.2 times; newly established enterprises increased by 6.5%.

Forecasting that the world and domestic situation will continue to develop complicatedly, affecting many fields, in the coming time, Bac Ninh province will focus on synchronously implementing solutions, striving to increase the gross regional domestic product (GRDP) in 2024 by 5-6.29% compared to 2023; attracting new FDI capital to industrial parks to reach 1.2 billion USD; urbanization rate to reach 60.3%; trained labor rate to reach 79%...

Speaking at the press conference, Mr. Vuong Quoc Tuan, Permanent Vice Chairman of Bac Ninh People's Committee, affirmed that the socio-economic results in the first 6 months of this year are a spiritual support for Bac Ninh to make a breakthrough in the coming time.

Previously, in 2023, Bac Ninh's gross domestic product growth was negative by more than 6%, an unprecedented event in decades of socio-economic development of Bac Ninh province. The growth figures for 2023 are even less optimistic than during the Covid-19 pandemic, in 2020 and 2021, Bac Ninh still achieved positive growth results.