With the participation of the entire political system, the active participation of the people and the business community, in the first two months of 2025, the province's economy achieved quite comprehensive results in all fields.
Following the direction of the Provincial Party Committee and the Provincial People's Committee, all levels and sectors have proactively deployed tasks immediately after the Lunar New Year 2025 with a spirit of urgency and determination to complete the set goals. By February 28, 31/37 tasks had been completed, including 11/37 key tasks; 20/224 regular tasks. Notably, in the field of investment and development, the Provincial People's Committee advised the Provincial Party Committee Standing Committee to issue a Directive to promote disbursement of public investment capital in 2025; by February 21, the disbursement of the 2025 capital plan was 233.3 billion VND, reaching 8.4% of the plan assigned by the Prime Minister. Proposed special mechanisms and policies for investment in the Ninh Thuan Nuclear Power Plant were approved by the National Assembly. Drafted a Resolution of the Provincial Party Committee on strengthening the Party's leadership in implementing the Ninh Thuan Nuclear Power Plant project. Investment policies and investors have been approved for 6 projects, and 6 projects have been adjusted with a total capital of 24,201 billion VND. Business activities have shown signs of improvement. In the first 2 months of the year, 56 new enterprises were established with a registered capital of 235 billion VND, an increase of 12% in the number of enterprises. By February 2025, the whole province had 4,708 enterprises with a total registered capital of 96,396.3 billion VND.
Comrade Tran Quoc Nam, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee visited Hoang Thanh Do Luong Production and Investment Joint Stock Company in Du Long Industrial Park (Thuan Bac). Photo: Van Ny
In the industrial sector, the industrial production index (IIP) in February increased by 15.81% over the same period last year (the highest growth rate in the years 2022-2025), with the growth driver being the processing and manufacturing industry, which increased by 48.44% (the highest growth rate in the years 2015-2025). In the first two months of the year, the industrial production index increased by 10.71% over the same period last year. Trade and services continued to be maintained stably and grew quite well compared to the same period. After the Lunar New Year holiday of At Ty 2025, businesses, business establishments, stores, supermarkets, and shopping centers in the province have returned to normal operations. In the first two months of the year, the total retail sales of goods and consumer service revenue reached VND 7,777.0 billion, up 12.7% over the same period last year. Total budget revenue was VND 1,183 billion, reaching 19.4% of the annual estimate assigned by the Provincial People's Council and increasing by 61% over the same period last year. Of which, domestic revenue (excluding crude oil revenue) was VND 1,150.5 billion, reaching 21.1% and increasing by 56.9%; revenue from import and export activities was VND 32.5 billion, reaching 4.9% and increasing by 21.6 times.
To continue to create breakthroughs and complete the growth target for 2025 according to the proposed plan scenario, the Provincial People's Committee requires sectors and localities to focus on drastically implementing solutions to carry out the 2025 plan tasks in accordance with the spirit of the resolutions of the Government, the Provincial Party Committee, and the Provincial People's Council to ensure quality and effectiveness, especially Decision No. 13/QD-UBND dated January 10, 2025 of the Provincial People's Committee on the Plan to deploy key tasks and solutions to direct and implement the socio-economic development plan and state budget estimates for 2025.
Construction of Dam Ca Na New Urban Area (Thuan Nam). Photo: Minh Ha
The focus is on removing difficulties for businesses; implementing support for introducing, promoting, connecting, and consuming OCOP products and the province's specialty products; implementing the plan to launch the Campaign "Vietnamese people prioritize using Vietnamese goods" in 2025; directing the acceleration of new urban area investment projects; urging and accelerating the completion and putting into use of investment projects in the form of BT.
Focus on directing the acceleration of disbursement progress of works and projects, especially the progress of completing key projects to welcome the 15th Provincial Party Congress. Issue a plan to implement the Directive of the Provincial Party Standing Committee on promoting disbursement of public investment capital in 2025. Focus on directing the implementation of tasks on compensation, site clearance, migration, resettlement, and sedentarization of the Ninh Thuan Nuclear Power Plant project. Direct the preparation of documents to request approval, and implement adjustments to the Ninh Thuan Provincial Planning for the period 2021-2030, with a vision to 2050, in a simplified manner. Effectively implement Resolution No. 02/NQ-CP dated January 8, 2025 of the Government on key tasks and solutions to improve the business environment and enhance national competitiveness in 2025.
Focus on directing the development and expansion of water-saving irrigation for the 2024-2025 winter-spring crop; effectively transforming crop structure; maintaining and building new production links; strengthening disease prevention and control, disinfection, control and quarantine of livestock and poultry; effectively implementing the project to develop livestock farming in a safe, effective and high-economic value direction associated with the processing industry. Strengthen tax inspection and examination, urge tax payment, ensure correct and sufficient collection. Improve credit quality; ensure banking operations. Strengthen administrative discipline and order; strengthen the work of rectifying working style, inspecting public services, checking working hours and efficiency of officials, civil servants and employees of state agencies.
Source: https://ninhthuan.gov.vn/portal/Pages/2025-3-10/Kinh-te-cua-tinh-co-nhieu-chuyen-bien-tich-cuc-troo2kvb7.aspx
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