During the first five months of this year, the province’s socio-economic situation remained stable and achieved many positive results. GRDP growth reached a high level; industrial production, trade, services, and tourism activities showed strong recovery; the investment and business environment continued to improve; and efforts to disburse public investment capital, develop urban areas, and promote digital transformation were actively implemented.

The economic structure continued to shift in a positive direction, with the service sector accounting for 43.91%; industry and construction 33.41%; and agriculture, forestry, and fisheries 17.54%.

The province’s Gross Regional Domestic Product (GRDP) (at 2020 constant prices) in the first quarter was estimated at 14.57 trillion VND (552.46 million USD), up 9.76% compared to the same period last year. Local budget revenue in the first five months was estimated at 2.21 trillion VND, reaching 46.46% of the goal set by the Government and 43.76% of the target assigned by the provincial People’s Council.

Regarding investment attraction, the province received 61 project applications, approved investment policies for 13 projects, and adjusted eight others. The total public investment capital plan for 2026 exceeded 4.776 trillion VND, of which more than 1.338 trillion VND had been disbursed by mid-May.

Concluding the meeting, Vice Chairman Tien requested departments, sectors, and local authorities to focus on reviewing and assessing the implementation progress of each assigned socio-economic target, while proactively developing appropriate management scenarios and solutions for targets showing slow progress or risks of not meeting the plan. 

He also emphasised accelerating the disbursement of the 2026 public investment capital plan; improving the investment environment; supporting enterprises and cooperatives in expanding markets, promoting exports, and developing trade, services, and tourism.