Positive signal for economic growth

With the goal of striving for double-digit economic growth in 2025, from the beginning of the year, all levels and sectors in the province have focused on implementing many solutions with great efforts and determination to speed up the disbursement of public investment capital, remove difficulties and obstacles for projects, works, and production and business activities of enterprises.

Thanks to that, the growth results in all areas of the province in the first quarter of 2025 all recorded positive signals. This is an important premise, creating motivation for Vinh Phuc to complete the target of double-digit economic growth this year.

According to the report of the Provincial Statistics Office, the estimated GRDP growth rate in the first quarter of 2025 in the province is 7.4-8%. This is the highest increase compared to the same period in the 2022-2025 period, of which: The industrial - construction sector increased from 11.5% -12%; followed by the service sector increased by 5% -6%; the agricultural, forestry and fishery sector increased from 1% -2% over the same period. According to the assessment of the Vinh Phuc Provincial Statistics Office, the province's key industries such as electronic components, automobile and motorbike manufacturing continued to record growth in the first quarter.

Not only has industrial production improved, but the implementation of investment projects in industrial parks in the province has also recorded many positive results in the first quarter of 2025. Specifically, the estimated capital for FDI projects is over 115 million USD, reaching 26% of the annual plan; the capital for domestic projects is about 650 billion VND, up 48% over the same period and reaching 43% of the annual plan. According to the plan of the Provincial Industrial Parks Management Board, in the second quarter of 2025, there will be 3-5 projects under construction of factories in industrial parks that will come into operation and the work of attracting investment capital will have many positive results.

With positive results in attracting investment, industrial growth in the first months of the year, and positive signals in the coming time. Vinh Phuc is determined to complete the target of double-digit economic growth in 2025.

Lighthouse​

Source: http://vinhphuctv.vn/Qu%E1%BA%A3n-tr%E1%BB%8B/Tin-t%E1%BB%A9c-chung/ID/366131/Tin-hieu-tich-cuc-cho-tang-truong-kinh-te