Thanh Hoa province will focus on investing in various sectors, including industry, agriculture and services towards 2045.

In line with the Prime Minister’s Decision No 929/QD-TTg dated August 31, 2024, which officially approves the Implementation Plan for Thanh Hoa province’s Development Plan for the 2021-2030 period, with a vision to 2045, the northern central province aims to achieve an annual average GRPD growth rate of over 10.1% during the period.

In industry sector, the province will prioritise chemical and petrochemical refining; metallurgy and mechanical engineering; energy; electronic components and equipment, telecommunications and automation equipment; medical equipment and pharmaceuticals; construction materials; and textiles and footwear.

In agriculture, focus will be place on such areas as large-scale, high-quality commercial agricultural production linked to raw material development and manufacturing and processing; high-tech and smart agriculture, organic agricultural production with value chain linkage; projects for preserving and processing agricultural and forestry products for export; and projects for producing raw materials and processing feed for livestock and aquaculture.

Regarding services, the province will prioritise high-end tourism and resort project leveraging the local strengths in beach and eco-tourism; software development and digital technology projects; and commercial and logistics service projects in key economic zones.

To achieve the annual average GRDP growth target of 10.1% for the 2021-2030 period, Thanh Hoa expects to attract a total investment of approximately VND1.65 trillion (nearly $66.4 billion).