At a meeting of the provincial People's Committee on June 8, it asked units to continue with support measures to encourage firms to develop post-harvest preservation and processing industries, especially agro-forestry-aquatic and local signature products.

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A beach in Binh Thuan province

In the first half of this year, the province’s gross regional domestic product (GRDP) grew by an estimated 7.76% year-on-year, helping Binh Thuan rank 11th out of the country's 63 cities and provinces. The value of industrial production rose by 3.51%.

With the inauguration of Dau Giay - Phan Thiet expressway, Binh Thuan also welcomed over 4.5 million tourists, up 86% year-on-year. Of them, more than 135,000 were foreigners, marking an annual 4.4-fold increase. Tourism revenue surpassed 11.3 trillion VND VND (491 million USD), a 1.5-fold rise year-on-year. The province successfully held the opening ceremony and activities of the Visit Vietnam Year 2023 themed "Binh Thuan - Green Convergence."

The province directed the acceleration of public capital disbursement and urged the swift progress of key projects and those significant to the province's socio-economic development. As of early June, it disbursed over 1.29 trillion VND, or 26.54% of the plan.

Since the beginning of this year, relevant units have improved investment promotion activities and attracted strategic investors. The province has approved 13 projects with total registered capital of 642 billion VND and permitted 13 others to add over 5.8 trillion VND to their existing capital.

Source: VNA