Searching for new development momentum for Quang Nam

Việt NamViệt Nam26/02/2025


Deputy Secretary of the Provincial Party Committee - Chairman of the Provincial People's Committee Le Van Dung; former member of the Standing Committee, Head of the Provincial Party Committee's Organization Committee Nguyen Chin, Associate Professor, Dr. Bui Quang Binh (University of Economics - University of Da Nang); Director of the Department of Finance Nguyen Nhu Cong chaired the workshop.

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Delegates attending the workshop this morning, February 26, at the Provincial People's Committee. Photo: THANH CONG

Current situation and challenges

In his opening speech, Mr. Nguyen Nhu Cong - Director of the Department of Finance emphasized that after nearly 30 years of renovation, Quang Nam has made significant progress, from a purely agricultural province to a dynamic economic center of the Central Coast region. However, the growth rate is still not commensurate with its potential, facing many challenges such as unsynchronized infrastructure, lack of high-quality human resources and limited ability to disburse public investment capital.

According to the report at the workshop, from 2000 to 2010, Quang Nam's GRDP increased by an average of 11.9% per year, but in the period 2011 to 2020, this figure decreased to 8%. In particular, from 2021 to 2023, the average annual growth rate continued to decrease to 6.5%, equivalent to the average growth rate of the whole country. This requires the province to have a new strategy to find and develop more effective growth drivers.

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Workers at THACO Truong Hai factory . Illustration photo: THANH CONG

At the workshop, Associate Professor, Dr. Bui Quang Binh (University of Economics - University of Danang) said that strategic breakthroughs are necessary to create new momentum for sustainable development.

Meanwhile, Dr. Hoang Hong Hiep (Institute of Social Sciences in the Central Region) proposed measures to improve the operational efficiency of enterprises in Quang Nam, based on the analysis of the total factor productivity index (TFP).

Dr. Nguyen Chin (former Head of the Provincial Party Committee's Organization Board) participated in the discussion to evaluate the contribution of TFP to the province's economic growth in recent times.

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Dr. Nguyen Chin (former Head of the Provincial Party Committee's Organization Board) participated in the discussion on the contribution of TFP to the province's economic growth. Photo: THANH CONG

Experts emphasized the importance of applying green economic models, digital transformation and innovation. In addition, attracting investment in high technology, improving the business environment and enhancing competitiveness are also important solutions to help Quang Nam province maintain its growth rate in the coming years.

Action for growth

Speaking at the workshop, Chairman of the Provincial People's Committee Le Van Dung affirmed that the workshop took place at an important time, when Quang Nam has many favorable conditions for breakthroughs. According to the Central Government's policy, the province aims for a growth rate of 10% in 2025, higher than the 7.1% in 2024, and aims for a stable growth rate in the following years.

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Chairman of the Provincial People's Committee Le Van Dung speaks at the workshop. Photo: THANH CONG

To achieve this goal, Quang Nam needs to innovate its growth model, focusing on new development drivers. The Chairman of the Provincial People's Committee emphasized three core tasks, including: Completing planning work, closely monitoring implementation progress. Strengthening the responsibility of departments, branches and localities, ensuring timely implementation of set goals. Developing high-quality human resources, meeting the needs of industry and services.

In addition, the province will accelerate investment in Chu Lai Airport according to the Prime Minister's Conclusion, develop the mining industry in parallel with environmental protection, and focus on urbanization and tourism to make the most of local advantages.

Tourism has positive recovery steps. Photo: T.C
Chairman of the provincial People's Committee Le Van Dung emphasized the need to focus on tourism development to maximize advantages. Illustrative photo: Tourists visit Hoi An ancient town. (Photo: THANH CONG)

Emphasizing the province's goal of achieving a GRDP growth rate of at least 10% in the 2025 - 2030 period, according to the Government's orientation, Director of the Department of Finance Nguyen Nhu Cong said that the presentations and opinions sent by the authors to the conference's organizing committee have opened up many new directions, creating opportunities for the government, businesses and scientists to join hands in building a Quang Nam that develops sustainably, is dynamic and has the ability to deeply integrate with the international economy.

Closing the workshop, Mr. Nguyen Nhu Cong affirmed that Quang Nam province will absorb comments and propose appropriate policies to create a favorable environment for economic development.

[VIDEO] - Chairman of the Provincial People's Committee Le Van Dung suggested a number of tasks and solutions to renew growth momentum:



Source: https://baoquangnam.vn/tim-kiem-dong-luc-phat-trien-moi-cho-quang-nam-3149528.html

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