The northern province of Hai Duong is aiming at developing its economy in a sustainable manner, according to the provincial Department of Planning and Investment at a meeting on June 1.
An industrial park in Hai Duong province (Photo: VNA)
Hai Duong (VNA) 🧜– The northern province of Hai Duong is aiming at developing its economy in a sustainable manner, according to the provincial Department of Planning and Investment at a meeting on June 1.
It wishes to see an annual increase of 8-8.5 percent in the local GDP from 2016 to 2020, with the focus on industry and construction, and services, accounting for 56 percent and 33 percent, respectively.
Budget collection is expected to gain 10 percent each year, and annual per capita income to reach 55 million VND (2,475 USD) by 2020.
A number of key projects will be implemented in the period, including a major provincial road, eco-tourism sites and public facilities.
The locality will focus on enhancing the competitiveness of the economy, boosting hi-tech agriculture and developing concentrated breeding areas.
Development of the support industry and advanced technology will be given priority in local industrial parks and clusters.
Administrative procedure reform, human resources development and infrastructure upgrades will be among the key targets, in tandem with managing natural resources and protecting the environment.
Between 2011 – 2015, the province’s annual economic growth rate reached 7.7 percent.
By the end of 2015, as many as 64 communes had met all 19 criteria of the new-style rural area building scheme.-VNA
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
An industrial park in Hai Duong province (Photo: VNA)
