Central-Central Highlands region reports good growth in industry & trade

The industry and trade sector in 15 cities and provinces in the central – Central Highlands region registered a good growth rate that is higher than the national average in the first half.

Illustrative image (Source: VNA)

Thua Thien – Hue (VNA) – The industry and trade sector in 15 cities and provinces in the central – Central Highlands region registered a good growth rate that is higher than the national average in the first six months of the year.

The sector reviewed the performance at a conference in the central province of Thua Thien-Hue on July 12.

It was reported at the conference that in the first half, industrial production in the region hit 179 trillion VND (7.78 billion USD). Several localities registered high growth, including Gia Lai (up 21.6 percent), Quang Tri (15.7 percent), Thua Thien-Hue (13.5 percent) and Da Nang (11.8 percent).

The total retail and service revenue reached 312 trillion VND (14.1 billion USD), up 14.4 percent year-on-year, achieving 49.6 percent of the yearly target.

Vice Chairman of the Thua Thien-Hue provincial People’s Committee Nguyen Van Phuong asked the Ministry of Industry and Trade to help with the development of infrastructure in industrial clusters, especially those regarding waste treatment, as well as provide funding for localities to develop trade in remote, mountainous and island areas.

Between now and the year-end, the regional industry and trade sector targets achieving 189.1 trillion VND worth of industrial production, bringing the total value this year to 368 trillion VND.

The total retail and consumption revenue is due to hit 317 trillion VND in the latter half of the year.

The region aims to earn 3.7 billion USD from exports in order to achieve the year’s target of 7.6 billion USD.-VNA

VNA