Quang Ninh’s economic growth to reach over 10 percent in 2017

The economic growth of the northern province of Quang Ninh in the fourth quarter of 2017 is expected to reach 11.7 percent and 10.2 percent for the whole year, according to Chairman of the provincial People’s Committee Nguyen Duc Long.
Quang Ninh’s economic growth to reach over 10 percent in 2017 ảnh 1An electricity line in Quang Ninh province. Illustrative image  (Photo: VNA)
Quang Ninh (VNA) – The economicgrowth of the northern province of Quang Ninh in the fourth quarter of 2017 isexpected to reach 11.7 percent and 10.2 percent for the whole year, accordingto Chairman of the provincial People’s Committee Nguyen Duc Long.

Production in the coal, electricity, and cementindustries and other fields is hoped to thrive in the last three months of thisyear thanks to favourable weather.

To achieve growth of over 10 percent, Quang Ninhhas devised numerous measures, focusing on collecting local budget funds,controlling budget spending, and reforming administrative procedures.

The locality will also work to remove difficultiesfor businesses and hasten the construction of infrastructure projects atindustrial and economic zones and transport infrastructure facilities as wellas create trust among investors and people.

In the first nine months of this year, theprovince gained important outcomes in various fields, with growth rising by 9.7percent with the economic structure shifting to services. 

The business investment environment andcompetitiveness were improved, total social investment capital increased 9.5percent and State budget collection fulfilled 73 percent of the yearlyestimate.

Quang Ninh has a coastline of more than 250kilometres and some 2,000 islets which account for two-thirds of the total inVietnam. The spectacular stretch of coast connects the UNESCO-recognised WorldHeritage Site of Ha Long Bay with majestic natural scenery, Bai Tu Long Bay,Van Don and Co To islands and Tra Co beach with Cat Ba National Park in thenorthern port city of Hai Phong.

Along with the renowned Ha Long Bay, Quan Lan,Minh Chau, Ngoc Vung, Dai beaches in Van Don island district and Tra Co andVinh Thuc in Mong Cai city have grown in stature among tourists thanks to theirbreathtaking seas and coral reefs.

Under a plan for tourism development in QuangNinh, the province hopes to become an international tourism centre and aleading tourism destination in Vietnam with modern infrastructure and diverse,competitive tourism products. 

By 2020, Quang Ninh aims to welcome 15-16million tourists, including seven million foreigners, and rake in 30-40trillion VND (1.3-1.7 billion USD) in revenue. The tourism sector is expectedto contribute 14-15 percent to the gross regional domestic product. 

In 2016, Quang Ninh welcomed 8.3 million touristarrivals, a year-on-year increase of seven percent, and earned over 13 trillionVND (571 million USD) in revenue, up 23 percent, according to the Quang NinhDepartment of Tourism. 

Notably, the world natural heritage site of HaLong Bay welcomed 6.3 million tourists and grossed 7.7 trillion VND (over 338million USD) in revenue, representing respective increases of 14 percent and 65percent from the previous year. About 2.7 million of the visitors wereforeigners, year-on-year growth of 16 percent. -VNA
VNA

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