According to the report of Khanh Hoa Provincial Statistics Office, the total product in the province in 9 months increased by 10.45% over the same period last year.
Contributing to the total growth of the province, the industrial and construction sector increased the most with 20.39%. Of which, industry increased by 23.01%, contributing 4.69 percentage points; construction increased by 15.6%, contributing 1.74 percentage points, with many key national and provincial projects starting construction.
Industry had a high growth rate mainly thanks to the increase in electricity production and distribution (2.24 times, contributing an increase of 4.79 percentage points); while the processing and manufacturing industry only increased by 1.34%.
Although the service sector only increased by 7.47%, it accounted for the highest proportion in the province's GRDP.
In particular, some industries with large proportions had a good growth rate, contributing to the increase in total added value such as other service activities increased by 16.8% due to the increase in international visitors, especially Korean visitors with very high demand for spa and beauty; administrative activities and support services increased by 16.13%; arts, entertainment and recreation increased by 17.9% thanks to the sharp increase in the number of tourists; accommodation and catering services increased by 12.32%...
The agriculture, forestry and fishery sector increased the lowest with 0.11%. Of which, agriculture decreased by 1.23%, reducing the overall growth rate of the province by 0.06 percentage points due to unfavorable weather conditions and the narrowing of many crop areas in the planning areas of highways; the forestry sector decreased by 18.91%, decreasing by 0.02 percentage points; the fishery sector alone increased by 1.37%, increasing by 0.09 percentage points.
