Northern Thai Nguyen province targets recording annual GRDP growth of 8-8.5 per cent and an economic scale of $13.5 billion by 2030 under its master planning for 2021-2030 with a vision to 2050.

Total social investment capital is estimated to reach $45 billion and GRDP per capita is projected to increase to $8,900.

Regarding economic structure, the industry and construction sector will make up 60 per cent while the service and agriculture, forestry, and fisheries sectors will account for 32.8 per cent and 7.2 per cent, respectively.

By 2030, the province will be developed into a high-level electronics and mechanical manufacturing center and a center for education, research, high-tech application, tourism, and digital transformation in the northern region.

It will also become a crucial growth pole in the economic development of the north and the Hanoi Capital Region.