National Assembly Chairman Vuong Dinh Hue speaks at the event (Photo: VNA) Hung Yen (VNA) – National Assembly Chairman Vuong Dinh Hue has suggested the northern province of Hung Yen invest more in infrastructure to draw investors as room for industrial development remains ample in the region.
During a working session with the provincial authorities on March 14, Chairman Hue asked Hung Yen to focus on provincial planning that links with regional and land planning to ensure stability and long-term sustainability.
The province should leverage its advantage in close proximity to the capital city of Hanoi – part of the dynamic northern development triangle, to seek new growth driving forces, thereby generating more jobs, increasing budget revenue and income for the people, he said.
He noted that Hung Yen must closely combine urbanisation with urban economy and pay attention to social welfare so that all residents could enjoy the fruits of development.
As 2023 marks the fourth year of the implementation of the 19th provincial Party Congress’s Resolution, as well as personnel work planning for the next tenure, the leader hoped that Hung Yen will nominate personnel who meet all the necessary qualifications to the legislature and its organs.
Speaking at the event, Secretary of the provincial Party Congress Nguyen Huu Nghia informed that the local economy expanded by 13.4% last year, a record in the past 12 years. Its contribution to the State budget reached an all-time high of 51.4 trillion VND (2.23 billion USD), which was 2.63 times higher than the estimate and a 2.69-fold increase compared to 2021.
In the first two months of this year, its industrial production grew by 10.48% while the total retail of goods and consumption services soared by 225.34%.
The province is now home to 2,145 valid investment projects, including 1,631 domestic and 514 foreign-invested ones, worth over 310.8 trillion VND and more than 6.2 billion USD, respectively. Local industrial infrastructure is developing rapidly with 8 out of 17 planned industrial parks (IPs) already in operation and ready to welcome projects. Nine other industrial parks are currently under construction./.
