Vinh City to be economic centre of the north central region by 2023

Tuesday, Jun 16, 2020 15:58

The photo shows an area of Vinh City. — Photo

The Prime Minister has just approved the project to develop Vinh City, Nghe An Province, into an economic and cultural centre of the north central region by 2023 in the spirit of Resolution 26-NQ/TW of the Politburo.

According to Decision 827/QD-TTg, Vinh City will be built to become a civilised and modern city, which is the centre of the north central region in the fields of finance, commerce, tourism, science and technology, information technology, hi-tech industry, healthcare, culture, sports, education and training.

The city targets to gain a growth rate of added value (according to 2010 comparative prices) of around 10-11 per cent per year in the period of 2020-23.

The total value added (at current prices) accounts for about 25-30 per cent of the province's GDP.

The average added-value per capita is about VND141.7 million (US$6,081).

Regarding social development, the city strives to reduce the rate of poor households in the area to below 0.25 per cent by 2023 and sustainable poverty reduction for near-poor households.

The rate of trained people reaches over 70 per cent, of which vocational training reaches 46 per cent. — VNS

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