Bac Ninh socio-economic situation in first 6 months of 2024

PPC’s Vice Chairman Ngo Tan Phuong reports at the meeting.

In the first 6 months of the year, Gross Regional Domestic Product (GRDP) increased by 2.32% compared with same period in 2023; among which, the sector of industry and construction increased by 1.35%; the service sector increased by 5.62%; the sector of the agriculture, forestry, and fishery increased by 2.65%; and product tax increased by 0.88%.

The economic structure shifted in the right direction. Industry and construction accounted for 68.9%; services accounted for 23.6%; agriculture, forestry, and fisheries accounted for 3.6%; and product taxes minus product subsidies accounted for 3.9%.

Industrial production recovered positively; the index of industrial production (IIP) increased by 5.5%; total retail sales of goods and service revenue was estimated at nearly VND 50,000 billion, up 8.4%.  state budget revenue reached VND 17,688 billion, reaching 56.6% of the estimate, up 19.5%.

Promotion activities, investment attraction, and business development have been promoted, investment attraction has prospered, new FDI projects have doubled with a registered capital of 2 times.

The work of planning management has been strengthened. The work of land and resource management has been strictly implemented, focusing on removing and resolving difficulties and obstacles in compensation, site clearance, and resettlement to speed up the progress of projects.

The cultural and social fields have developed comprehensively. The quality of key education continues to affirm its leading position in the country; 03 students participated in international and regional competitions.

The work of internal affairs and administrative reform are focused on effectively implementing the Resolution of the Provincial Party Standing Committee on the "Overall Program of State Administrative Reform in Bac Ninh Province for the Period 2021–2030." The work of preventing and combating corruption and negativity is promoted, contributing to strengthening people's trust.

The Vice Chairman said that in the coming time, the province will continue to implement many synchronous solutions, determined to well implement the work theme in 2024. In particular, focus on restoring growth and restructuring the economy associated with innovating growth models, improving productivity, quality, efficiency, competitiveness, and endogenous capacity of the economy; continue to synchronously deploy solutions to improve local operating and governance indicators; promote foreign affairs activities and proactive investment promotion in potential markets; accelerate the implementation of public investment projects and land use rights auction projects in the province; enhance the application of scientific and technological achievements in production and life; focus on developing three pilot models of OCOP tourism services and community tourism according to the approved project; implement well social security policies, take care of the material and spiritual lives of the people., etc. strive to implement the estimate for the whole year 2024, with 2/17 targets exceeding the plan, 12/17 targets meeting the plan, and 3/17 targets determined to strive to achieve the plan.