Agriculture promotes Hung Yen’s socio-economic development

Goods-oriented agriculture development and promoted-agriculture restructuring have significantly helped the northern province of Hung Yen reap fruitful results in its socio-economic development in 201
Agriculture promotes Hung Yen’s socio-economic development ảnh 1A farmer prepares rice seedlings for cultivation (Photo: VNA)

Hung Yen (VNA) – Goods-oriented agriculture development and promoted-agriculture restructuring have significantly helped the northern province of Hung Yen reap fruitful results in its socio-economic development in 2015.

The locality recorded a growth expansion of 2.4 percent in the year, with budget collection reaching nearly 7.9 trillion VND (355.5 million USD) and export value hitting over 2.4 billion USD.

According to Chairman of the provincial People’s Committee Nguyen Van Phong, positive achievements in 2015 will be a motivation for the locality to realise its strategic objectives in 2016.

  

Local authorities aim to earn over 11 trillion VND and 90 trillion VND from agriculture and industry, respectively. The locality hopes to increase its export turnover to 2.8 billion USD, create jobs for about 21,000 labourers and pull the rate of poor households down to 2 percent in the year.

They will continue implementing a plan of agricultural restructuring, focusing on breeding, aquaculture and local specialities, and developing breeding and cultivation areas for export.

The locality will also pay attention to developing the agricultural value chain, enhancing the application of science and technology in production, building trademarks, and promoting local specialities.

It will strive to increase the number of communes fulfilling the 19 criteria set out for new-style rural areas to 50 in 2016 from 32 at present, and over 100 by 2020.

Apart from investing in agriculture, local authorities will work to attract more investments, develop high-tech and modern industry, and continue building an urban infrastructure system, especially industrial facilities.

The province expects to raise its yearly industrial production index 10 percent by 2020.-VNA

VNA

See more

HCM City is now a regional specialised financial centre (Photo: VNA)

Vietnam should be flexible in selecting financial centre models: expert

Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.

Minister of Industry and Trade Nguyen Hong Dien (L) and US Secretary of Energy Chris Wright in Washington D.C. on March 13. (Photo: VOV)

Vietnam, US look to strengthen comprehensive energy cooperation

Vietnam’s consistent policy is to foster a balanced, sustainable, stable, and win-win economic relationship with the US, the minister stated. Vietnam does not intend to create any barriers that could negatively impact the US’s workers or its economic and national security, Minister of Industry and Trade Nguyen Hong Dien said.

Deputy Prime Minister Nguyen Chi Dung speaks at the first meeting of the steering committee for the building of a project on the private economic sector's development in Hanoi on March 15. (Photo: VNA)

Private sector's development key to Vietnam’s economic growth

Currently, the private economic sector comprises over 6.1 million business establishments, including approximately 940,000 registered enterprises and over 5.2 million household businesses. The sector contributes around 50% of the country’s GDP, accounts for over 56% of total social investment, employs approximately 82% of the workforce, and generates around 30% of state budget revenue and more than 30% of total import-export turnover.

Prime Minister Pham Minh Chinh receives Wouter Van Wersch, Executive Vice President of Airbus International. (Photo: VNA)

PM suggests Airbus help Vietnam in developing aviation ecosystem

During a meeting on March 14 with Wouter Van Wersch, Executive Vice President International of Airbus, Prime Minister Pham Minh Chinh praised the aerospace giant’s cooperation with Vietnamese partners, emphasising its role in boosting domestic and international connectivity and driving Vietnam’s socio-economic growth.

The Vietnam Consumer Rights Day 2025 is under the theme "Transparent Information – Responsible Consumption". (Photo: VNA)

Hanoi launches campaign for Consumer Rights Day

The event, organised by the city's Department of Industry and Trade, aimed to promote consumer protection as a long-term, essential task for all levels of government, businesses and society.