Under the drastic direction and enormous efforts of department, sectors and agencies, the Provincial Competitiveness Index (PCI) of Ninh Binh province saw much progress in 2022. Its scores and ranking have been improved, showing the province's improved governance, favourable business climate and administrative reforms.
More than 110.6 trillion VND (4.7 billion USD) of public investment was disbursed in the first four months of this year, equivalent to 14.6% of the yearly target and lower than the 18.48% in the same period last year, according to the Ministry of Finance.
Vietnam's export-import value in the first four months of this year was estimated at 210.79 billion USD, down 13.6% year-on-year, with a trade surplus of 6.35 billion USD, the General Statistics Office (GSO) reported.
Two sections of the eastern North - South Expressway, Mai Son - National Highway 45 and Phan Thiet - Dau Giay, were inaugurated on April 29.
A seminar on opportunities for developing a carbon market in Vietnam took place in Hanoi on April 20.
In the first quarter of 2023, Ninh Binh posted an economic growth rate of 8.45%, ranking 6th in the country and 2nd in the Red River Delta region.
The coastal area in Kim Son district in the Red River Delta province of Ninh Binh has great development potential for different sectors, especially tourism, as it boasts charming natural landscapes and a diverse ecosystem.
The prerequisite for Vietnam's digital economy to go further is to optimise modern scientific and technological advancements in accordance with Vietnam's own approach, according to Nguyen Trung Chinh, Chairman of the Board of Directors and Executive President of CMC Corporation.
The Vietnam Chamber of Commerce and Industry (VCCI) on April 11 announced the Provincial Competitiveness Index (PCI) 2022 rankings.
In the first quarter of 2023, the northern province of Ninh Binh disbursed over 889.6 billion VND (38.2 million USD), equivalent to 12% of the yearly plan.
Contractors are working hard to complete works of Mai Son - National Highway 45 section of the North - South expressway so that it could be opened to traffic on the occasion of National Reunification Day (April 30) and May Day (May 1).
The provincial planning appraisal council for the 2021-2030 period with a vision until 2050 organised a conference in Hanoi on April 6 to assess Ninh Binh province's planning scheme.
Ninh Binh province boasts a lot of potential and advantages to develop its fishery sector as it has a 15-kilometer coastline and over 6,200 hectares of brackish water surface and over 20,000 hectares of inland fresh water surface for aquaculture. In addition, the province's fishery sector has an abundant and experienced workforce. These potential and advantages have helped the local fishery sector develop strongly in recent years, thus contributing greatly to the province's economic structure, increasing incomes and creating jobs for local people and stabilising the socio-economic situation.
Implementing Resolution No. 26-NQ/TW of the 10th Party Central Committee on agriculture, farmers and rural areas, in the past few years, Ninh Binh has mobilised resources to invest and build rural infrastructure in a bid to meet the demand of production and travel of people, thereby creating momentum for the province's socio-economic development and narrowing the gap between urban and rural areas.
The Vietnamese economy expanded by 3.23% over the January-March period, the second slowest first-quarter growth in 12 years, according to the General Statistics Office (GSO).
While the whole country in general and Ninh Binh in particular have been facing difficulties, especially in industrial production and exports, the trade and service sectors have been flourishing. In particular, the rapid recovery of the tourism sector has spurred growth of the service sector, thus contributing to the economic recovery.
The implementation of the OCOP programme in the past five years has helped Ninh Binh open up opportunities to develop production and increase values for local products, thereby contributing to the effective performance of the national target programmes on new-style rural areas.
Seven North-South expressway component projects with a total length of about 411.6km will be completed and put into operation this year, according to the Ministry of Transport.
Though Ninh Binh boasts numerous potential and advantages, the province has still found it hard to attract foreign direct investment (FDI) in agriculture-forestry-fishery. Therefore, Ninh Binh needs to pay due attention and issue particular policies in a bid to draw FDI into the sector, thereby contributing to its rapid and modern development.
Only nine out of 46 export items yielded positive growth during the first two months of the year, according to the General Department of Vietnam Customs.
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