Phu Tho strives for rapid, sustainable growth

An aerial view of Cao Xa commune, Lam Thao district, Phu Tho province. (Photo: VNA)

 Phu Tho (VNA) – In implementing the Resolution of the 19th provincial Party Congress (2020-2025 tenure), the northern mountainous province of Phu Tho has achieved significant outcomes in all fields, fulfilling or exceeding many targets and maintaining its position among leading provinces in northern midlands and mountainous region.

In the first half of the tenure, the province achieved 11 out of 17 targets set out in the Resolution. The average Gross Regional Domestic Product (GRDP) rate in the period stood at 7.29%, higher than the national average and among the group of provinces with high growth rates in the country and in the region. The economy's scale expanded 1.3 times compared to 2020, ranking third out of 14 provinces in the region. 

GRDP per capita in 2023 is estimated to reach 65.4 million VND (2,700 USD), exceeding the target of 65 million VND set for 2025, ranking fifth out of 14 provinces in the region. Total social investment capital for the period 2021-2023 is estimated to hit 118.7 trillion VND.

Industrial production recovered and developed rapidly, being the main driving force for the province's economic growth. The average growth rate of the sector in the period 2021 - 2023 is estimated at 11.14%.

Import-export turnover reached nearly 9.2 trillion VND, an increase of 62% compared to the estimate. The province also made progress in several indexes including Public Administration Reform (PAR INDEX), the Provincial Competitiveness Index (PCI), Satisfaction Index of Public Administrative Services (SIPAS), and the Viet Nam Provincial Governance and Public Administration Performance Index (PAPI).

Remarkable progress has also been recorded in social development. Phu Tho ranked in the top 10 provinces and cities nationwide in terms of education quality. The ratio of doctors and hospital beds per 10,000 people reached 15.2 and 55; the rate of people participating in health insurance was 93.7% of the population. The poverty rate based on multidimensional poverty standards decreased to 5.19% in 2022.

The province expects to have six districts meeting new-style rural area standards by the end of 2023, two years ahead of schedule.

The disbursement of capital for development investment during 2021 - 2023 is estimated to reach 118.7 trillion VND, reaching 74.2% of the target for the whole period./.