The processing - manufacturing industry is a bright spot in the local economy, with an estimated growth rate of 23.05%, 10.3 percentage points higher than that in the same period of 2023, statistics showed.
Total investment in the business sector has risen 5.6% from a year earlier to surpass VND 48 trillion (USD 1.9 billion).
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Binh Minh Bridge spanning Cua Luc Bay in Quang Ninh province |
More than USD 1.5 billion in foreign direct investment (FDI) has been poured into Quang Ninh between January and June, equivalent to 51% of this year’s target.
Meanwhile, over VND 30.77 trillion has been collected for the State budget, representing 55% of the annual target.
As many as 795 businesses have started up, an increase of 12.6% year on year, while 17,400 new jobs been created during the period, local authorities said.
For 2024, the province targets a double-digit GRDP growth rate, at least VND 55.6 trillion in State budget collection, a rise of over 10% in total investment in society, and at least USD 3 billion in FDI attracted.
Quang Ninh forms one of the three nuclei, aside from Hanoi and Hai Phong city, of the Northern key economic region.
Source: VNA