According to the provincial Statistics Office, trade and services currently account for about 35% of the province's GDP and are identified as one of the priority areas in the economic development strategy.
In the development picture of Thanh Hoa, the strong emergence of the trade and service sectors has become the driving force for great and profound changes in the provincial economy. Notable among them is the increase in the quantity and quality of commercial centers, wholesale markets, supermarket systems and convenience stores. These establishments are not only places for consuming goods but also points of connection and attraction of capital, labor and even tourists. Modern shopping and service areas bring bustling business spaces, contributing to motivating domestic consumption and improving people's living standards. The construction and development of these service models not only renews the appearance of the province but also creates an important "push" for Thanh Hoa to continue to integrate more strongly into the domestic and regional markets. Besides, tourism is also an area in which Thanh Hoa has made significant progress. Not only playing a key role in developing trade and services, tourism is also a potential economic sector with high efficiency. Outstanding destinations such as Sam Son beach, Pu Luong tourist area or the Ho Dynasty Citadel heritage attract millions of visitors each year, while promoting the development of supporting industries such as hotels, restaurants and transportation services, creating momentum for the province's economy to reach further.
Not stopping there, Thanh Hoa also focuses on service development.
logistics and transportation. Nghi Son Seaport and Tho Xuan Airport are two important “highlights” that play the role of trade hubs, connecting goods and services. With a strategic geographical location near major traffic routes, Thanh Hoa is fully capable of becoming a “logistics center” of the North Central region, contributing positively to the transportation and circulation of goods domestically and internationally. To achieve this goal, the province is constantly striving to improve transport infrastructure, improve transport services, thereby strengthening economic connectivity between regions, provinces and further into the international market.
Consistent with the goal of sustainable development, Thanh Hoa also promotes the development of e-commerce, digital economy, industrial services, banking and finance... In the first 10 months of 2024, the province's total retail sales of goods and service revenue reached about 162.4 billion VND, up 14.2% over the same period in 2023. Of which, retail sales of goods reached 128.4 billion VND, up 12.5%; revenue from accommodation and food services was nearly 24.5 billion VND, up 16.3%; service revenue reached nearly 9.5 billion VND, up 20%.
The planning of Thanh Hoa province for the period of 2021 - 2030, with a vision to 2045, has set the goal of promoting the service sector, improving quality and competitiveness with the North Central provinces. The province will focus on developing service sectors with potential and advantages, contributing to the rapid and sustainable development of the local socio-economy. Thanh Hoa's trade network will be developed rapidly with the diverse participation of economic sectors, ensuring adequate supply of essential goods, stabilizing market prices, and closely linking with production and investment activities to promote comprehensive socio-economic development.
Thanh Hoa will continue to build a modern retail network, attracting high-value segments to meet the needs of domestic and foreign tourists. The province also aims to link trade development with tourism, combining shopping activities with recreational tourism, creating conditions to promote the province's economy to develop evenly. For the field
logistics, the province aims to develop transportation, warehousing and take advantage of its commercial location to serve local factories, retail and e-commerce activities. In particular, the construction of a Grade I regional logistics center in Nghi Son Economic Zone is an important goal to improve efficiency and expand the scale of logistics services in the region. If it continues to make good use of its existing advantages, promote reform and investment, the province can completely rise strongly, becoming a leading service - trade center in the region.
Article and photos: Chi Pham
Source: https://baothanhhoa.vn/tang-ty-trong-thuong-mai-dich-vu-trong-co-cau-nen-kinh-te-230595.htm
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