Implementing Resolution No. 25/NQ-CP dated February 5, 2025 of the Government on growth targets for sectors, fields and localities to ensure the national growth target in 2025 reaches 8% or more, in which Cao Bang province is assigned a growth target of 8% (this is also the growth target approved by the Provincial People's Council in Resolution No. 100/NQ-HDND dated December 11, 2024), the province has taken the initiative in the growth scenario, identifying growth drivers and solutions to direct and implement to ensure the achievement of the set targets.
To implement the growth scenario of 8% or more, in addition to promoting new growth drivers such as science, technology and innovation, digital transformation, green transformation, etc., the province has determined to focus on continuing to renew traditional growth drivers based on the potential and strengths of the locality. In particular, mobilizing, using, and fully promoting public investment resources; promoting trade, services, promoting consumption, attracting tourists; promoting private investment, processing industry, manufacturing, mining, hydropower; improving productivity, quality, value and competitiveness of local agricultural products. Departments, branches and sectors develop plans to implement the 8% growth scenario based on reviewing the developed scenario, developing detailed plans for growth targets for industries and sectors for each quarter, systematizing solutions and assigning implementation tasks to departments, branches and localities.
Up to now, the province's implementation of the 8% growth target has achieved some results. Regarding agricultural, forestry and fishery production, the area of some key crops of the province increased compared to the same period, such as: tobacco increased by 23.5%; arrowroot increased by 24.8%; livestock herds were maintained stably. Total aquatic product output in the first quarter of 2025 is estimated to increase by 0.2% over the same period. Regarding industrial production, the industrial production value (current price) in the first quarter of 2025 is estimated at 1,975.49 billion VND, up 39.5% over the same period last year, reaching 24.8% of the plan. Regarding trade, services and tourism, total retail sales of goods and services increased by 9.99% over the same period last year, reaching 24.2% of the plan. The total number of tourists is estimated at 467,890, up 34.7% over the same period last year, reaching 18.8% of the plan. Regarding budget revenue, the total state budget revenue in the area increased by 114% over the same period last year, of which domestic revenue increased by 82% over the same period last year; import-export revenue increased by 172% over the same period last year. Regarding the allocation and disbursement of public investment capital, the total state budget investment plan for 2025 of the province assigned by the Prime Minister in Decision No. 1508/QD-TTg dated December 4, 2024 is 4,391 billion 909 million VND. Up to now, the province has allocated in detail for investors to implement 100% of the assigned capital, disbursed capital reached 234.4 billion VND, equal to 5.1% of the 2025 plan and increased by 25.56% compared to 2024. Attention has been paid to the implementation of people's living conditions, support policies for ethnic minorities, remote and isolated areas have been fully implemented according to regulations; national defense - security, social order and safety have been ensured.
Determining that economic growth must rely on science and technology, innovation and digital transformation, the province issued Action Program No. 29-CTr/TU dated February 29, 2025 on implementing Resolution No. 57-NQ/TW dated December 22, 2024 of the Politburo on breakthroughs in science and technology development, innovation and national digital transformation; Decision No. 2193-QD/TU dated February 27, 2025 establishing the Steering Committee on science and technology development, innovation and digital transformation; Plan No. 274/KH-UBND dated March 3, 2025 implementing Resolution No. 03/NQ-CP dated January 9, 2025 of the Government on the Action Program on breakthroughs in science and technology development, innovation and national digital transformation; The plan to implement the planning of Cao Bang province for the period 2021 - 2030, with a vision to 2050, ensures consistency with the Politburo's resolutions on regional development and the Prime Minister's decisions on regional planning.
However, in addition to the achieved results, some areas still achieved lower results compared to the same period. Although the budget revenue from import and export increased, the total import and export turnover decreased compared to the same period last year. As of March 15, 2025, the total import and export turnover (including supervision turnover) reached 153.596 million USD, down 20% compared to the same period in 2024. Investment attraction is facing many difficulties, the investment capacity of economic sectors is still limited. The number of temporary and dilapidated houses that need to be eliminated according to Directive No. 42/CT-TTg dated November 9, 2024 of the Prime Minister is still quite large.
To continue to achieve the 8% growth target, the province has determined to continue to mobilize, use and fully promote public investment resources. In particular, focusing on accelerating the progress of the key project of the Dong Dang (Lang Son) - Tra Linh (Cao Bang) Expressway, accounting for about 46% of the province's public investment capital plan in 2025. Promoting trade and services, promoting consumption, attracting tourists. On the momentum of development and good growth of trade and service activities in 2024, in 2025, the trade and service sector strives to grow by about 8.5%. In particular, it is forecasted that the province has great potential for tourism development, attracting tourists, especially historical sites because 2025 is an even year, commemorating many major events of the country; Many new tourism products will be put into operation this year such as: Provincial Museum, dam on Bang River (City)..., along with new policies on immigration, residence and solutions for tourism development, promotion, and attraction of local tourists, which are expected to create favorable conditions for tourism development, aiming to attract about 2.5 million visitors, of which about 200,000 are international visitors.
The border gate economy continues to have room for development, the import-export turnover target through the area is about 710 million USD, the total revenue from import-export activities is about 690 billion VND. Promote private investment, processing, manufacturing, mining, hydropower industry. Focus on removing difficulties, creating favorable conditions to maintain the capacity of large industrial enterprises, put into operation a number of new processing, manufacturing, hydropower, mining projects, including 2 hydropower plants with a total capacity of over 30MW; 2 Bauxite mining projects with a total capacity of over 1.7 million tons/year will be new growth drivers of the industrial sector, striving for an industrial production value target of about 8,000 billion VND, of which the processing and manufacturing industry alone is about 6,000 billion VND. Improve productivity, quality, value and competitiveness of local agricultural products. Continue to expand the area, productivity and output of local high-value crops and livestock such as tobacco, black jelly, sugarcane, cassia, forestry trees, along with improving the quality of growing areas according to standards and regulations (organic, VietGAP, GlobalGAP...); promote the building of agricultural product brands, enhance value and competitiveness as the main growth drivers of the agricultural sector in the province.
Director of the Department of Finance Luu Cong Huu said: In addition to public investment resources, the province focuses on attracting construction investment capital from enterprises and residential areas, creating favorable conditions to support the acceleration of construction progress to complete private investment projects put into production during the year; mobilizing socialized resources to eliminate temporary and dilapidated houses in the province; investment capital from organizations, enterprises and residents to invest in repairing and building new houses, livestock farms, factories, production workshops, drying kilns... with about over 7,000 billion VND put into the economy to promote growth.
Spring Love
Source: https://baocaobang.vn/thuc-day-cac-dong-luc-dam-bao-muc-tieu-tang-truong-kinh-te-3176376.html
![[Photo] Overcoming all difficulties, speeding up construction progress of Hoa Binh Hydropower Plant Expansion Project](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/4/12/bff04b551e98484c84d74c8faa3526e0)
![[Photo] Closing of the 11th Conference of the 13th Central Committee of the Communist Party of Vietnam](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/4/12/114b57fe6e9b4814a5ddfacf6dfe5b7f)
Comment (0)