Business

Quang Ninh province posts growth of over 8% in Q1

The northern province of Quang Ninh maintained stable and high socio-economic development in the first quarter of 2023, with gross regional domestic product (GRDP) growth of 8.04%, statistics showed.
Quang Ninh province posts growth of over 8% in Q1 ảnh 1An area in Quang Ninh province (Photo: VNA)
Quang Ninh (VNA) – The northern province of QuangNinh maintained stable and high socio-economic development in the first quarterof 2023, with gross regional domestic product (GRDP) growth of 8.04%,statistics showed.

The servicesector recovered strongly to maintain its role as the main growthengine, contributing to 30.6% of the GRDP.

In thefirst three months, Quang Ninh welcomed 4.85 million tourists and earned some8.55 trillion VND (363.9 million USD) in tourism revenue, respectively rising2.3 and 2.7-fold from a year earlier.

Meanwhile,state budget revenue reached some 14.8 trillion VND, equivalent to 27% of thisyear’s estimate and up 8% year on year. The budget comprises 11.27 trillion VND fromdomestic sources and 3.53 trillion VND from foreign trade, representing increases of 8% and 7% respectively year on year.

For thesecond quarter, the provincial Party Committee targets GRDP growth of about9.51%, state budget revenue not lower than 15 billion VND, and at least 3.6million tourists to help attract some 15 million arrivals in the entire 2023./.
VNA
#Quang Ninh #gross regional domestic product #GRDP #tourism #state budget #foreign trade #tourists #updated Vietnam news #Vietnamplus #Vietnam News Agency Quang Ninh
Follow VietnamPlus

Related News

Quang Ninh develops more maritime tourism products

Quang Ninh develops more maritime tourism products

The northern coastal province of Quang Ninh has planned to launch two more maritime tourism products in Bai Tu Long Bay in Van Don district in order to reduce the density of visitors in Bai Chay and Tuan Chau tourism centres.

See more

The meeting between General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam and Chairman and Chief Executive Officer of Hayleys PLC Mohan Pandithage in Colombo on May 8 (Photo: VNA)

Vietnamese leader hopes for stronger ties with Sri Lanka's Hayleys PLC

General Secretary and President To Lam said that given the complementarity of the two economies and their substantial room for growth, Vietnam wishes to enhance cooperation with major Sri Lankan enterprises, especially those with regional market networks and connectivity capabilities such as Hayleys.

The export of 1.1 million doses of vaccine lumpy skin disease (LSD) to the Republic of Korea marks an important milestone for Vietnam’s veterinary vaccine industry. (Photo: nongnghiepmoitruong.vn)

Vietnamese-made LSD vaccine enters demanding RoK market

The successful research and commercialisation of the LSD vaccine, which has been widely used in the domestic market and is gradually expanding internationally, helps affirm the position of Vietnamese veterinary vaccines globally.

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and State President To Lam addresses the Vietnam – Sri Lanka Trade-Investment-Tourism Cooperation Forum in Colombo on May 8. (Photo: VNA)

Top leader urges stronger Vietnam-Sri Lanka economic connectivity

Vietnam – Sri Lanka cooperation should be viewed within the broader context of the Indian Ocean, South Asia and emerging global supply chains, and the key issue now is not potential, but swift, decisive and effective action, said Vietnam's top leader To Lam.

The meeting between Vietnamese Minister of Industry and Trade Le Manh Hung and representatives from Essar Group (Photo: VNA)

Vietnam, India step up cooperation in energy, biofuels

Vietnam encourages capable investors to participate in oil and gas, energy and energy infrastructure projects in line with the national energy development strategy, while ensuring investment efficiency and compliance with Vietnamese law.

In the first four months of 2026, total FDI inflows into Vietnam reaches 18.24 billion USD, up 32% year-on-year. (Illustrative photo: VNA)

Vietnam draws stronger foreign investment inflows despite global headwinds

In the first four months of 2026, total FDI inflows into Vietnam reached 18.24 billion USD, up 32% year-on-year. Disbursed capital was estimated at more than 7.4 billion USD, an increase of 9.8% and the highest four-month disbursement level recorded in the past five years, reflecting effective implementation of many registered projects.

A Boeing 787 aircraft of Vietnam’s national flag carrier, Vietnam Airlines, lands on its first flight at Long Thanh International Airport. (Photo: VNA)

Deputy PM stresses strategic, synchronous planning for airport system

The national airport system planning was approved by the Prime Minister under Decision No. 648/QD-TTg dated June 7, 2023. Under the planning, 30 airports (14 international and 16 domestic) are to be developed during the 2021–2030 period, with a vision to 2050 expanding the network to 33 airports (14 international and 19 domestic).

Modern machinery improves labour productivity. (Photo: VNA)

Upskilling becomes key lever for Vietnamese workforce in digital era

As the economy is pivoting to a growth model fueled by knowledge, technology and innovation, the working class, or the backbone of production, demands better professional qualifications, vocational skills, industrial discipline and work habits. Timely adaptation is the only shield against being undercut by accelerating automation, artificial intelligence and increasingly fiercer global competition.

A circular organic farming model in Khanh Hoa is delivering initial economic efficiency. (Photo: VNA)

New growth potential unlocked for Vietnamese economy

Prime Minister Le Minh Hung once stressed that cutting administrative procedures and business conditions remains one of the fastest and most effective ways to stimulate growth and strengthen confidence among citizens and enterprises. He underscored that the reform process must remain continuous and responsive to practical requirements.