Deputy Prime Minister Vuong Dinh Hue speaks at the working session (Source: VNA)

Nam Dinh (VNA) – Deputy Prime Minister Vuong Dinh Hue has asked the Red River Delta province of Nam Dinh to build up a suitable socio-economic development strategy.

Specific plans should be devised for each region in order to attract investors and effectively utilise potential and advantages of the province, Deputy PM Hue said at a working session with leaders of Nam Dinh on April 21. 

Apart from streamlining the apparatus and political system and improving the efficiency of public agencies, Nam Dinh needs to push agricultural restructuring and new-style rural area building to improve living standards and income of local people, he told the provincial leaders.

The Deputy PM also requested the province to speed up the reform of administrative procedures, as well as mechanisms and policies to support businesses and lure investors.

Deputy PM Hue lauded socio-economic achievements Nam Dinh has recorded over the past time, and its efforts in disbursing public investments in the first three months of this year.

At the working session, Hue and representatives of ministries and centrally-run agencies cleared up Nam Dinh’s concerns regarding the development of My Trung Industrial Park, Hai Hau thermal power project and other transport projects.

Chairman of the provincial People’s Committee Pham Dinh Nghi reported that in 2017, Nam Dinh’s economic growth exceeded 7 percent, with export turnover reaching over 1.4 billion USD.

The province contributed 4.2 trillion VND (185 million USD) to the State budget, surpassing the estimates set by the government. The number stood at more than 1.15 trillion VND (51.1 million USD) in the first quarter of 2018, equivalent to 27 percent of the yearly estimates and up 34 percent year-on-year.

Between January-March, Nam Dinh developed 150 large-scale paddy field models with a total area of over 7,900 ha.

Nam Dinh also licensed 14 domestic projects worth nearly 1 trillion VND (44 million USD) and six foreign projects valued at over 90 million USD.

In 2017, the province disbursed 95.6 percent of the allocated 3.7 trillion VND (163 million USD) in public investments. During the first three months of this year, its public investment disbursement exceeded 1.48 trillion VND (65.1 million USD), completing 45.7 percent of the set target.

To step up public investment disbursement, Nam Dinh suggested the Government and ministries and agencies adjust the Law on Public Investment, the Land Law and other relevant documents, thus attracting investments in agriculture and simplifying administrative procedures in public investment, particularly in response to natural disasters.

Doan Hong Phong, Secretary of the provincial Party Committee, said Nam Dinh will focus on projects on maritime economic development, prioritise high-tech agriculture and attract investments in ecological urban areas.-VNA