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Economic growth rate in 2017 reached 18.6%, Permanent Vice Chairman of Provincial People's Committee addresses
(BNP) - In the morning of December 6, at the 6th Session of Provincial People's Council, on behalf of Provincial People's Committee, Mr. Nguyen Tien Nhuong, Member of Standing Party Committee, Permanent Vice Chairman of Provincial People's Committee presented the report on socio-economic situation and steering responsibility of Provincial People's Committee in 2017, development plan for 2018.
Permanent Vice Chairman of Provincial People's Committee Nguyen Tien Nhuong remarks at the session
Economic growth doubled
Economic scale continues to be expanded, Gross Regional Domestic Product (GRDP) in 2017 is estimated at over VND 133,000 billion at 2010 comparative prices, accounting for 3.11% of GDP of the country, ranked 4th nationwide. GRDP growth rate reached 18.6%. The economic structure continues to shift in the right direction: Industry-Construction sector; Services sector; Agriculture, Forestry and Fisheries sector account for 75.2%; 21.8%; 3.0% in turn.
For the first time, export turnover reached nearly USD 30 billion
Industrial production growth was estimated at VND 979 trillion, roughly equivalent to Ho Chi Minh city. Foreign trade impressed with export turnover of USD 29.85 billion, accounting for 14.9% of total export turnover of the country and maintaining the second position nationwide, up 30.7% compared to the year of 2016.
The attraction of FDI was boosted with 160 new projects and adjusted for capital increase for 115 projects with total registered capital of USD 3.5 billion, ranking second in the whole country.
Domestic budget revenue exceeds the Resolution of the 19th Provincial Party Congress
State budget revenue reached VND 21,597.7 billion, exceeded 14% of the yearly estimate and increased by 21.3% compared to 2016; among which, domestic revenue reached VND 16,137 billion, up 29.3%, exceeding the target set by the 19th Provincial Party Congress.
To establish and operate Provincial and District Administrative Centers
The breakthrough in administrative reform in 2017 was the establishment and the effective operation of administrative centers of the province, districts, town and city.
Bac Ninh is one of the three provinces approved the establishment of the Provincial Public Administration Center under the Provincial People's Committee, which is likely a model of applying information technology, using electronic software in all transactions in dealing with administrative procedures, by the Prime Minister. At present, 100% of administrative procedures of departments and agencies have been received at Provincial Administrative Center; 8/8 Public Administrative Centers of districts, town and city have been put into operation, thereby creating favorable conditions for people and enterprises to solve administrative procedures.
Permanent Vice Chairman of Provincial People's Committee stressed that the year of 2018 would be a pivotal year bringing important significance in promoting the implementation and striving to fulfill the objectives of the Five-year Socio-Economic Development Plan in period of 2016-2020, the Master Plan for Socio-Economic Development by 2020 and Resolution of the 19th Provincial Party Congress. Therefore, Bac Ninh province needs to take advantage of the opportunities and overcome the difficulties, synchronously implement breakthrough solutions to develop and strive to successfully implement the planned objective in order to create a driving force for Bac Ninh province to be a municipality by 2022.