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Identifying industry as the driving force for economic growth, Ninh Binh province has promptly developed a master plan for industrial parks, ensuring reasonable land allocation and creating conditions for synchronous industrial development.
Ninh Binh has just recorded an impressive GRDP growth rate in the first nine months of 2025, reaching 10.45%, rising to third place among the country’s 34 provinces and cities in terms of growth.
Ninh Binh’s export activities recorded positive outcomes in the first eight months of 2025 with turnover of 16.33 billion USD, accounting for 72.6% of this year’s plan. This important result is expected to help Ninh Binh achieve the target of two-digit economic growth.
PM Chinh said the Government must tackle regulatory “bottlenecks” in 2025, as required under the Politburo’s Resolution 66/NQ-TW, which sets an economic growth target of 8.3% 8.5% next year and double-digit expansion in subsequent years.
With strong determination and tireless efforts on the ground, key transport infrastructure projects are being acccelerated. Thanks to this proactive approach, many are expected to be completed three to six months ahead of schedule, creating strong momentum to help surpass the 8% economic growth target for this year.
The formation of a new province with an expanded development space is creating a turning point in the orientation of industrial development. Industrial clusters (ICs) are not only a fulcrum for local production but also play a strategic satellite role, sharing functions, supporting and reducing the load for large industrial parks (IPs). In particular, the trend of developing ICs in a green and smart direction is considered a solution to the goal of both economic growth, environmental protection and preserving the identity of the heritage land.
The project on expanding the Eastern North-South Expressway’s Cao Bo Mai Son section is one of the key national projects that holds strategic significance in developing infrastructure and creating a driving force for economic growth of localities in the Red River Delta region.
Prime Minister Pham Minh Chinh called for an 11–12% year-on-year increase in total social investment. Meanwhile, greater efforts are needed to fully disburse public investment by December 31. Substandard housing for people with meritorious service must be eradicated by July 27, with nationwide completion slated for August 30.PM Pham Minh Chinh at the regular June cabinet meeting on July 3. (Photo: VNA)
Vietnam has recently issued a lot of strategic policies and mechanisms, which are expected to help it continue pursuing the economic growth target of at least 8% this year, in the context that the country is accelerating institutional reform and streamlining its organisational apparatus. Unloading goods at Hai Phong Port - Illustrative image (Photo: VNA)
Minister-Chairman of the Government Office Tran Van Son on March 14 had a working session with Ninh Binh’s leaders on the implementation of economic growth scenarios, public investment disbursement, import-export, building infrastructure and social housing and emulation drive to eradicate makeshift and dilapidated houses and other national targeted programmes in the province.The delegation and provincial leaders inspected the progress of a project on expanding the eastern North-South expressway’s Cao Bo-Mai Son section.
Foreign Direct Investment (FDI) continues to be a significant contributor to Vietnam’s economic growth, with improvements in both the quantity and quality of projects thanks to proactive strategies in investor selection and outreach.Smartphone production at Samsung Thai Nguyen Factory. (Photo: THAI NGUYEN NEWSPAPER)
Prime Minister Pham Minh Chinh stressed that the country must pursue rapid but sustainable development, maintain high and continuous growth, uphold macroeconomic stability, control inflation, ensure major balances, and guarantee social welfare, as well as a sustainable, green, clean, and beautiful environment.An overview of the meeting held at the Government headquarters (Photo: VNA)
The National Assembly (NA) discussed a proposal to revise Vietnam’s 2025 economic growth target to at least 8% during its extraordinary ninth session on February 14.The National Assembly holds group discussions during the extraordinary session on February 14. (Photo: VNA)
Prime Minister Pham Minh Chinh has recently signed an official dispatch, asking ministries, sectors, and localities to develop scenarios for achieving double-digit economic growth in 2025.The national economy of Vietnam is recovering strongly from the COVID-19 pandemic.
Since Ninh Binh has set a target of becoming a developed province by 2030, and a centrally-run city with characteristics of a millennium urban area by 2035, industry has been defined as breakthrough direction for its economic growth.Production line of Hyundai Thanh Cong Automobile Factory.
