June 04, 2024 | 07:00 GMT+7

Ninh Binh sees positive signs of economic recovery

Nguyễn Thuấn -

The northern province welcomed 5.7 million tourists in 5M.

Tourists visiting Ninh Binh province.
Tourists visiting Ninh Binh province.

Northern Ninh Binh province welcomed nearly 5.7 million tourists in the first five months of this year, a year-on-year surge of 36.1%, according to the provincial Statistics Office.

Total tourism revenue was estimated at over VND5.3 trillion ($209 million), up 55.5% year-on-year.

The province also recorded significant growth in other key economic indicators with the Index Industrial Production (IIP) rising 5.75% compared to the same period in 2023.

Electricity production and distribution posted the highest annual growth of 63.61%, following by mining (18.89%), waste management and remediation activities  (5.19%) and manufacturing and processing  (4.12%).

Total industrial production value during the five-month period was estimated at over VND39.7 trillion ($1.56 billion), up 6.3% year-on-year.

The province recorded a year-on-year growth of 26.9% in total retail sales of consumer goods and services during the period,  reaching over VND33 trillion ($1.3 billion).

Total export revenue stood at $1.39 billion, soaring 10.2% year-on-year.

 

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