Chairman of the City People's Committee Nguyen Van Phuong concluded the meeting.

Estimated GRDP in the first quarter reached about 10% - 10.5%

Reporting on the socio-economic situation, Director of the Department of Finance La Phuc Thanh said that although the General Statistics Office has not yet announced data on the GRDP growth rate of localities; however, the city's socio-economic situation in the first quarter has had many "bright spots". Many important sectors and fields have contributed positively to growth such as industrial production, tourism, public investment disbursement, import-export turnover, etc. In particular, the estimated GRDP growth rate in the first quarter is about 10% - 10.5%, creating the foundation and driving force for growth of 10% or more in 2025.

Mr. La Phuc Thanh also provided specific information about the industries and sectors. In particular, the biggest mark comes from the tourism sector. With many unique cultural activities and festivals organized, tourism demand has been stimulated in the first months of 2025; in the first quarter, the number of visitors to Hue is estimated at nearly 1.5 million, an increase of 62% over the same period.

In March, export turnover was estimated at 104.3 million USD, up 7% over the previous month, up 20% over the same period; total export turnover in the first quarter was estimated at 318 million USD, up 23% over the same period, reaching 22% of the plan; total import turnover in the first quarter was estimated at 244.8 million USD, up 13.4% over the same period. Total retail sales of goods and social consumer services were estimated at 15,700 billion VND, up 18% over the same period. The average consumer price index (CPI) in the first quarter increased by 2.8% over the same period.

In addition, the industrial production index (IIP) in March is estimated to increase by 17.7% compared to the previous month, up 19% compared to the same period; the first quarter is estimated to increase by 16.4% compared to the same period. In particular, the processing and manufacturing industry is estimated to increase by 14%, some major products have increased output such as automobile production increased by 14 times, electricity production increased by 65.2%, commercial electricity increased by 7.2%...

Information at the meeting showed that in the first quarter, the city created favorable conditions to support and remove many difficulties and obstacles for investors to complete procedures to start construction of a number of key, large-scale projects such as Creanza High-Tech Quartz Sand Processing Factory; Dat Phuong White Pilot Glass Factory; Chan May Logistics Center; 2 social housing projects in An Van Duong Urban Area... with a total investment of about 6,000 billion VND.

According to Mr. La Phuc Thanh, state budget revenue is also positive when the first quarter is estimated at 3,520 billion VND, equal to 28.5% of the estimate, equal to 22% of the target and increased by 28% over the same period; development investment expenditure is 325 billion VND, equal to 7.5% of the estimate.

Regarding the disbursement of public investment capital, up to now, the disbursement rate has reached 23% of the plan, higher than the national average and among the top 10 localities.

Nguyen Hoang Bridge opening to technical traffic is a notable highlight in the development of traffic infrastructure in the first 3 months of the year.

Resolutely handle projects behind schedule

At the meeting, leaders of departments and branches provided specific information on each field. Notably, the contents related to the plan to streamline the apparatus, personnel, and operations of the newly merged departments; the implementation of Project 06; anti-corruption work; building an inspection plan; measles epidemic; supporting buses from Da Nang airport to Hue; monitoring and managing cultural and sports activities...

Speaking at the meeting, Chairman of the City People's Committee Nguyen Van Phuong acknowledged and highly appreciated the efforts of departments, branches and localities in the past time; especially the monitoring and urging the implementation of economic growth targets of 10% or more in 2025.

From now until the end of the year, the city continues to pursue many goals regarding growth, budget revenue, public investment disbursement, etc. Therefore, Mr. Nguyen Van Phuong paid special attention to reviewing projects, resolutely handling slow-progressing projects, and not letting them affect the overall disbursement rate. Relevant agencies focus on thoroughly resolving difficulties and problems, especially site clearance, compensation, support, and resettlement to speed up the progress of key projects.

Mr. Nguyen Van Phuong also emphasized the need to create a safe tourism environment and ensure urban order because many events will take place in the city in the near future.

Regarding the recommendations at the meeting, Chairman of the City People's Committee Nguyen Van Phuong specifically pointed out solutions to find a way to resolve the backlog of documents. "The departments need to consider this issue and make changes in their operations, otherwise the backlog of documents will become even larger," said Mr. Phuong.

Regarding economic development, Chairman of the City People's Committee Nguyen Van Phuong directed relevant units to closely follow growth scenarios, thereby having solutions to support and remove difficulties and obstacles...

“In the process of streamlining the apparatus, relevant departments, branches and localities must focus on reviewing, arranging and relocating headquarters, handling surplus public assets; building a two-level local government model under the direction of competent authorities. It is necessary to continue promoting administrative reform, improving the investment and business environment, continuing to innovate, enhancing capacity, quality and efficiency of investment promotion activities... to ensure proactiveness and readiness in calling for and attracting investment and speeding up the implementation of projects that have been granted investment licenses,” Chairman of the City People's Committee Nguyen Van Phuong directed.

Le Tho

Source: https://huengaynay.vn/chinh-tri-xa-hoi/theo-dong-thoi-su/kinh-te-xa-hoi-3-thang-dau-nam-co-nhieu-dau-an-152082.html