Business

Hai Duong socio-economic picture in first half of 2024. Article 1: Economic growth exceeds scenario

HOANG LINH • 06/07/2024 07:00

Hai Duong province recorded good economic growth in the first six months of 2024, exceeding the set scenario.

Đồng chí Triệu Thế Hùng, Phó Bí thư Tỉnh ủy, Chủ tịch UBND tỉnh Hải Dương chủ trì phiên họp UBND tỉnh tháng 6 (lần 5) vào sáng 18/6 — Chairman of the provincial People’s Committee Trieu The Hung presides over the committee’s 5th June meeting on June 18. Photo: HOANG LINH

Hai Duong province has been realizing socio-economic development tasks for 2024 in the context of mixed advantages and challenges in Vietnam and the world as a whole.

The provincial authorities made a realistic growth plan based on assessing and identifying the situation to take advantage of opportunities and overcome challenges to achieve the best results.

The province also took more measures to improve the business and investment environment, promptly removed difficulties and obstacles in production and business, promoted public investment to gain momentum to lead private investment, etc., thereby creating a new driving force for the provincial socio-economic development.

Tăng trưởng kinh tế 6 tháng đầu năm của Hải Dương ước đạt 10%, vượt kịch bản tăng trưởng đề ra. Trong đó, khu vực công nghiệp, xây dựng ước tăng 13,71%, đứng thứ 8 cả nước. Ảnh: THÀNH CHUNG — Hai Duong’s economic growth rate in the first six months of 2024 is estimated at 10%, higher than the set scenario, in which the industrial and construction sector is estimated to increase by 13.71%, ranking 8th in the country. Photo: THANH CHUNG

Hai Duong’s economic growth rate was expected to reach 8.22% in the first six months of 2024 but estimated at 10% in reality, helping the province rank 7^th in Vietnam and 3^rd in the Red River Delta.

The province’s agro-forestry-aquatic sector was estimated to increase by 3.52% in the first half of the year, coming 26^th in the country. Livestock and aquaculture stood out with positive increases of 6.1 and 6.8%, respectively.

The industrial and construction sector maintained growth momentum from the last months of 2023 with an estimated rise of 13.71%, placed 8^th in the country.

Industries posted quite even increases, while construction activities grew relatively high because the province actively implemented public investment projects right from the beginning of the year.

Ảnh trang trong: Tỉnh Hải Dương phát triển nhiều mô hình sản xuất nông nghiệp mang lại giá trị kinh tế cao. Ảnh: THÀNH CHUNG — Hai Duong province develops many agricultural production models that bring high economic value. Photo: THANH CHUNG

The province’s service sector was estimated to rise by 6.9% in the first six months, ranking 25^th in the country, and more than 7% in the 2^nd quarter of the year.

“Hai Duong’s growth in the first half of 2024 is relatively positive, which is the basis for the province to fulfill or overfulfill the set target of more than 9%,” said Director of the Provincial Statistics Office Pham Ba Dung.

Unless there are major impacts that can turn the situation around, the province's economic growth rate may approximate to 10% in 2024 and exceed 9% in the 2020 – 2025 period, Dung predicted.

Next article: Industry - spearhead of growth

HOANG LINH