Ba Ria-Vung Tau's GRDP increased by 11.7%, the highest in the past 10 years

Thành An |

Ba Ria - Vung Tau - It is estimated that in 2024, the total product in the area (GRDP) will increase by 11.7%, reaching the highest growth rate in the past 10 years.

Ms. Nguyen Thi Yen - Standing Deputy Secretary of the Ba Ria - Vung Tau Provincial Party Committee - informed that with the efforts of all levels, sectors, and the entire political system, most of the province's economic sectors have grown better than the same period in 2023.

Gross Regional Domestic Product (GRDP) increased by 11.7%, the highest growth rate in the past 10 years; of which, industrial production value, excluding oil and gas, increased by 12.91%. Investment attraction in industrial parks was promoted, with the occupancy rate reaching 63.65% out of a total of 13 industrial parks in operation.

Investment attraction activities continue to be a bright spot; it is expected that in 2024, 57 new projects will be attracted and 30 domestic and foreign projects will be adjusted to increase capital with a total capital of more than 2 billion USD and 42,013.6 billion VND, an increase of about 2.1 times compared to 2023.

Total budget revenue is estimated at about 96,164 billion VND, reaching 108.54% of the resolution, up 7.47%. Total budget expenditure is estimated at about 32,345 billion VND, up 25.15%.

Project implementation and public investment disbursement have been focused on and directed resolutely. Although by the end of October 2024, only over 11,758 billion VND (56.35% of the plan) had been disbursed, it is expected that the capital disbursement value in 2024 will reach over 20,000 billion VND, reaching 95.81% of the plan.

Ba Nguyen Thi Yen - Pho Bi thu Thuong truc Tinh uy Ba Ria - Vung Tau phat bieu trong mot hoi nghi. Anh: Phuc Luu
Ms. Nguyen Thi Yen - Standing Deputy Secretary of Ba Ria - Vung Tau Provincial Party Committee speaking at a conference. Photo: Phuc Luu

In the coming time, the Party Committee and the Government of Ba Ria - Vung Tau province will synchronously and effectively deploy solutions to remove obstacles, promote economic development, and promote the GRDP of Ba Ria - Vung Tau to continue growing.

That is, promoting early completion and operation of industrial production projects, ensuring projects operate on schedule; attracting investment in infrastructure projects of industrial parks and clusters; power source projects, petrochemical, gas, high-tech projects...

At the same time, improve the efficiency of seaport exploitation, speed up the implementation of inter-regional transport infrastructure projects; implement the tourism development strategy in the area until 2030, with a vision to 2050.

The 2025 public investment plan and the 2026-2030 medium-term public investment plan are also being vigorously implemented, along with strengthening discipline and order in public investment, strictly controlling and effectively using capital to prevent corruption, waste and negativity.

Management, development, and policy measures... on budget collection are implemented promptly, ensuring the completion of the budget collection and expenditure plan for 2025 and the entire term. Continue to promote digital transformation in all areas according to the objectives of Resolution 02 of the Provincial Party Committee; deploy solutions to improve the administrative reform index; propagate and raise awareness about the importance of digital transformation.

The quality of medical examination, treatment and health care services for people continues to be improved; developing medical human resources, ensuring sufficient quantity and improving quality; attracting socialization in the medical field.

Thành An
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