Hai Duong's Q1 economic growth ranks 6th nationwide

Hai Duong province’s economic growth in the first quarter of 2024 reached 9.8%, ranking 6th in the country and 2nd in the Red River Delta, heard the 5^th March meeting of the provincial People’s Committee on March 27.

The province’s gross regional domestic product (GRDP) during the reviewed period was estimated to rise by 10% year on year, reported the provincial Department of Planning and Investment.

In particular, the agro-forestry-fishery sector posted an increase of 4.62%; the industry-construction sector, 13.16%; and the service sector, 7.17%.

State budget revenue in Hai Duong in the first three months of the year was estimated to reach 7,390 billion VND, equivalent to 37.6% of the year’s estimate and up 29.3% over the same period last year.

Domestic and import-export revenue totaled 6,700 billion VND and 671.5 billion VND, meeting 39.6% and 24.7% of the year’s estimates, respectively.

The province allocated 6,331.695 billion VND in public investment to works and projects. 436 billion VND had been disbursed by March 26, reaching 6.2% of the total paid capital and 6.8% of the plan assigned by the Prime Minister.

Apart from economic development, the province also cared about and achieved many positive results in social fields, ensured security, order, and national defense… in the first quarter of the year.

Chairman of the provincial People's Committee Trieu The Hung acknowledged efforts of departments and localities in realizing their assigned tasks to achieve these results.

He emphasized that the province would give priority to implementing works and projects benefiting socio-economic development.

“These projects must be highly feasible and not be half-done to wait for capital and vice versa,” said Hung.

The province also paid special attention to investment in health and education to improve people’s lives, Hung added.

NGUYEN MO