Binh Dinh aims to become a modern industrial province and a socio-economic development hub of the central key economic region and Vietnam by 2030.

Nearly 100 Vietnamese experts gathered at a discussion in Quy Nhon city on June 27 to comment on the province’s socio-economic development blueprint for 2016-2020.

Under the plan, Binh Dinh targets an average annual gross regional domestic product (GRDP) growth of 9.5-10 percent between 2016 and 2020 and 10-11 percent between 2021 and 2030.

It will increase the proportion of the service sector in the economic structure to 45 percent and that of the industry-construction sector to 34 percent by 2020, said Dr Phan Thanh Hai from Binh Dinh’s socio-economic development advisory group.

The province will transform Quy Nhon city into an economic force while developing the three pillars of sea-based economy, the Nhon Hoi economic zone and hi-tech agriculture, he added.

Dr Tran Du Lich, head of the advisory group, said Binh Dinh needs to thoroughly review its GRDP achievements in comparison with national and regional averages to set appropriate growth targets and make more concerted efforts.

He suggested provincial authorities hire foreign advisors to design development plans for five- and ten-year terms.

According to President of the Vietnam Academy of Social Sciences Nguyen Xuan Thang, the province should prioritise fishery logistics services both on the mainland and at sea as well as facilitate the processing industry, hi-tech agriculture and farm produce markets.

To that end, it is necessary to improve public administrative services, technological infrastructure and human resources training, he added.-VNA