Northern Thai Binh province posted GRDP growth of 7.77 per cent year-on-year in the first half of 2023, figures from the city’s People’s Committee show.
It therefore ranked tenth among Vietnam’s 63 cities and provinces and fifth in the Red River Delta region.
The industry and construction sector grew 13.1 per cent during the period, contributing 70 per cent to the province’s growth.
To boost growth further, provincial authorities have asked relevant agencies to accelerate the implementation of urban development projects, construction of infrastructure at industrial parks, and transport works.
The province has held many investment promotion programs to attract investors, such as visiting Japan and South Korea to meet and discuss cooperative opportunities with major corporations and businesses, and has signed a number of important investment cooperation agreements with partners. The Thai Binh Provincial People’s Committee signed an MoU with a joint venture of investors on establishing a pharmaceutical and biological industrial park in Quynh Phu district.
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