Yen Bai
Yen Bai province has an area of 6,892.67 km2, statistics in 2024, the total population of the whole province is more than 863 thousand people.
In 2024, the growth rate of gross regional domestic product in Yen Bai province (GRDP) is estimated to reach 7.91%, ranking 7th/14 provinces in the Northern Midlands and Mountainous regions, ranking 25th out of 63 provinces and cities (up 11 places compared to 2023), the average of the 4 years 2021-2024 reached 7.54%.
According to data from the Yen Bai Provincial Tax Department, in 2024, the total state budget revenue in the area is estimated to reach 3,352 billion VND. This figure is significantly reduced compared to 2023 (VND 4,100 billion) because Yen Bai is one of the localities most severely affected by the historic storm Yagi in the middle of the year.
In 2024, the total output of whole grain foods will reach 309,958 tons; the total herd of main cattle is estimated to reach 890,000 pigs, equal to 102.1% of the plan; newly planted 15,840 hectares, exceeding the plan by 5.6%; certified organically 9,400 hectares/plan 13,400 hectares; aquatic product output reached 14,600 tons, equal to 100% of the plan, up 2% over the same period in 2023...
The industrial production value (comparison price 2010) of Yen Bai reached VND18,400 billion, equal to 100% of the plan, up 8.7% compared to 2023. The industrial production index is 109.2% compared to 2023, ranking 8/14 provinces in the Northern Midlands and Mountainous Region.
Trade - services developed rapidly and flourished with a growth rate of 8.94%, ranking 2nd in the region and 6th nationwide, the highest ever.
Total retail sales of goods and service revenue reached VND 30,105.2 billion, exceeding the plan by 7.52%; export value of goods reached VND 425.5 million, exceeding the annual plan by 101.3%; welcomed about 2.15 million tourists, exceeding the plan by 26.4%, up 3% compared to 2023, of which international visitors reached over 270,000, reaching 90% of the plan; tourism revenue is estimated at VND 1,790 billion, exceeding the plan by 19.3%, up 4% compared to 2023.
In addition, in 2024, Yen Bai province ranked 42nd out of 63 provinces and cities nationwide with an average total high school graduation exam score of 6.515 points.
The Provincial Competitiveness Index (PCI) in 2023 will reach 65.99 points, while Yen Bai will be ranked 39th out of 63 provinces and cities nationwide.
Not only that, Yen Bai also has famous landmarks such as: Mu Cang Chai National terraced fields, Thac Ba lake, Ta Xua...
Lao Cai
Lao Cai province has an area of 6,364 km2, with a population of more than 787 thousand people as of April 1, 2024.
In 2024, Lao Cai's GRDP economic growth will reach 7.38%, higher than in 2023 (5.11%) and higher than the national average growth rate, ranking 9th/14 in the Northern Midlands and Mountainous Province; ranking 34th out of 63 provinces and cities in the country.
After 4 years of implementing the Resolution of the 16th Lao Cai Provincial Party Congress, term 2020 - 2025, up to now, 129/225 targets have reached and exceeded 100%, 59 targets have reached over 70%.
The scale of the economy is currently estimated at 78,000 billion VND, an increase of 11.8% compared to 2023, ranking 44th out of 63 provinces and cities. GRDP per capita reached 97.5 million VND, an increase of 8.9 million VND/person compared to 2023.
The province's key and key economic sectors have shown good growth signs, typically the industrial sector with good growth, with production value in the past year reaching VND45,728 billion, up 10.29% compared to 2023; the trade and service sector increased by 9.65%; tourists to the province's tourist attractions reached 8 million people, up 10% compared to 2023.
State budget revenue in the area will reach VND 12,889 billion in 2024, exceeding the Central Government's estimate by 39.5% and up to 35.9% higher than in 2023.
Investment attraction in 2024 has improved again, the province has approved 20 domestic projects to register for investment with a total capital of VND6,500 billion.
The digital border gate platform at Kim Thanh International Road Border Gate No. 2 has made positive progress; two-way trade turnover through Lao Cai border gates in 2024 is estimated to reach more than 3.6 billion USD, an increase of 68% compared to 2023.
Total retail sales of goods and service revenue for the whole year of 2024 is estimated at 43,000 billion VND. Total revenue from tourists is estimated at 25,000 billion VND.
In the 2024 high school graduation exam, with an average score of 6.62, Lao Cai ranked 34th nationwide, 4th among 14 northern mountainous provinces.
Lao Cai's Competitiveness Index (PCI) in 2023 reached 67.38 points, ranking 26th out of 63 provinces and cities nationwide.
Some famous places in Lao Cai include: Sa Pa, Fansipan peak, Bao Ha temple, Lung Po flagpole...
According to the Resolution of the 13th Party Central Committee, Lao Cai and Yen Bai will merge together, taking the name of the province as Lao Cai, the political and administrative center will be located in Yen Bai. The new province after the merger has a natural area of 13,257 km2 and a population of more than 1.6 million people.
Lao Cai agreed to reduce the number of commune-level administrative units from 153 communes, wards and towns to 48 communes and wards after the reorganization.
Similarly, the whole Yen Bai province after the arrangement will have 51 grassroots-level administrative units, including 44 communes and 7 wards.
