Efforts to maintain growth momentum

So far this year, socio-economic situation of Khanh Hoa province has maintained positive growth momentum in many fields. To maintain the achieved growth rate, the Provincial People's Committee has proposed many solutions for the last months of the year.

Double-digit growth rate

In the first 9 months of 2024, the province's economic growth rate (GRDP) increased by 10.45% over the same period last year, ranking 6th in the country and 2nd in the North Central and Central Coast regions. GRDP in the economic sectors with the highest growth was industry and construction, up 20.39% (of which industry increased by 23.01%); services increased by 7.47% and agriculture, forestry and fishery increased by 0.11%. To achieve this growth rate, from the beginning of the year, the Provincial People's Committee issued an action program, proposing solutions to implement the socio-economic development plan and the state budget estimate for 2024. The Provincial People's Committee has also thoroughly grasped, resolutely, flexibly and effectively implemented the goals and tasks according to the direction and resolutions of the provincial Party Committee and the provincial People's Council on the socio-economic development plan; supported and removed difficulties for enterprises, etc.

Nguyen Thanh Hai - General Director of Khanh Hoa Salanganes Nest Company, Chairman of Khanh Hoa Young Entrepreneurs Association said that although the world and domestic economy have faced many difficulties recently, the provincial leaders and agencies, departments and branches of the province have created favorable conditions and removed many difficulties for businesses. This has contributed to supporting businesses in production and business activities, seeking to expand domestic and foreign markets. Along with that, investment promotion activities have also attracted more domestic and foreign partners, opening up opportunities for businesses in the province. These are favorable conditions for the Khanh Hoa business community to overcome challenges, stabilize the situation, and contribute to the overall socio-economic growth of the province.

Production at Khanh Viet Corporation

Le Huu Hoang - Standing Vice Chairman of the Provincial People's Committee said that recently, the Provincial People's Committee has directed agencies, units and localities to drastically and synchronously implement budget collection from the beginning of 2024; requesting units to save regular expenditures, cut down on spending tasks that are not really urgent; strengthen the urging of domestic revenue, collect tax debts of projects and strictly handle tax fraud. The Provincial People's Committee also focuses on solving difficulties and problems for enterprises. Planning work continues to be focused on and directed for implementation, through which many subdivision plans have been approved by the Provincial People's Committee, the remaining subdivision plans are being directed and urged by the province to accelerate the progress of preparation, appraisal and approval. The province is always active and proactive in implementing many activities of contact, meeting, conference and workshop with foreign partners with great potential and strengths to promote investment, trade and tourism; cooperation and association activities with localities at home and abroad are focused on implementation.

Implementing many solutions

In 2024, the Provincial People's Committee sets a target of double-digit socio-economic growth. Therefore, in the last months of the year, the Provincial People's Committee requests departments, branches, and localities to continue to promote a sense of responsibility, coordinate closely, resolutely, seriously, synchronously, and effectively implement tasks and solutions, and strive to complete the set targets.

Regarding the implementation of solutions to promote economic growth, the Provincial People's Committee requires promoting in-depth industrial production, promoting structural transformation towards increasing the proportion of processing and manufacturing industries; continuing to effectively implement the supporting industry development program; supporting the application of advanced machinery, equipment, and new technologies to serve production; accelerating the progress and completion of industrial infrastructure projects and strengthening supply-demand connections, promoting production and consumption of goods; synchronously implementing tourism promotion and advertising activities combined with destination communication, organizing events, effectively implementing the Night-time Economic Development Project, etc.

Nguyen Tan Tuan - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee emphasized that from now until the end of the year, agencies, units and localities need to focus on implementing key tasks to ensure economic development goals. In particular, it is necessary to focus on promoting the disbursement of public investment capital; identifying key public investment projects and works of sectors and localities to focus on investment and construction. Along with that, it's neccessary to speed up the establishment and approval of urban development programs and deploy the construction of projects to upgrade administrative units of districts, towns and cities. In addition, units must effectively implement the collection of State budget; continue to effectively implement the Investment Promotion Program in 2024 to create momentum for socio-economic development in the following years...

DINH LAM

Translated by T.T