Hung Yen targets 9 per cent GDP growth for 2019

Friday, Jul 12, 2019 16:10

Production at Toyota Viet Nam Co Ltd in the Thang Long II Industrial Zone, Hung Yen Province. The province is targeting 9 per cent GDP growth this year. — Photo

The northern province of Hung Yen has set a goal of reaching a GDP growth rate of 9 per cent for the whole year, according to the provincial People’s Council.

Provincial authorities have targeted maintaining high growth in industrial production and construction and improve the province's competitiveness. The province will also encourage businesses to invest in agriculture.

Nguyen Van Phong, chairman of the People's Committee of Hung Yen Province, said its focus is on improving its place in the provincial competitiveness index (PCI), including by promoting administrative procedure reform, creating a favourable investment and business environment and improving the satisfaction of people and businesses.

Do Xuan Tuyen, chairman of the People's Council of Hung Yen Province, said the province has also issued a number of policies that will encourage enterprises invest in agriculture and rural areas.

Hung Yen will provide financial support for building infrastructure in raw material areas for agricultural projects.

By the end of the year, Hung Yen will focus on the expansion of production and trade promotion to expand the market for its farming products.

For the industrial sector, the province is working to attract investment and develop businesses. It will expand Thang Long II and Yen My II industrial parks and promote the construction and operation of industrial complexes in the districts of Van Lam, Yen My, Khoai Chau, Van Giang and Kim Dong, the town of My Hao and the city of Hung Yen.

The province will also accelerate the disbursement of public investment funds for projects and promptly remove obstacles in the process of site clearance for key projects.

In 2018, Hung Yen was one of the top 10 provinces and cities in the Viet Nam Information and Communication Technology Index (ICT index) and ranked the 35th in the Viet Nam Provincial Governance and Public Administration Performance Index (PAPI) among 63 provinces and cities nationwide. — VNS

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