Tra Vinh strives for higher economic growth in 2019

Tra Vinh (VNA) – The Mekong Delta province of Tra Vinh strives to achieve the gross regional domestic product (GRDP) growth of 11-12 percent in 2019, according to Deputy Director of the provincial Department of Planning and Investment To Ngoc Binh.

The total social development investment capital is expected to reach 22.5 trillion VND (968.6 million USD) and domestic revenue, 3.8 trillion VND (163.5 million USD), he said at a conference in Tra Vinh on January 5 to realise the Government’s resolution on major tasks and solutions to implement the socio-economic development plan and State budget estimate in 2019.

The rate of poor households will go down by 1.5-2 percent and more 14 communes will become new rural areas, he added.

Chairman of the provincial People’s Committee Dong Van Lam said 2019 will be a breakthrough year for Tra Vinh to fulfil the five-year socio-economic development plan in 2016-2020.

The province will push ahead with economic restructuring and growth reform while improving the business investment environment, developing businesses, increasing the quality of human resources, and accelerating administrative reform, he said.

It will call for investment in building socio-economic infrastructure, especially transport, and seek to develop various fields such as culture, tourism, agriculture, and industry in addition to ensuring social welfare for locals.

Local authorities will also create favourable conditions for the implementation of wind, solar, and thermal power projects, Lam affirmed.

In 2018, the GRDP growth was estimated at 11.05 percent. The total social development investment capital reached over 22.8 trillion VND (981.5 million USD) and domestic revenue, 3.7 trillion VND (159.2 million USD). The ratio of poor households was reduced by 2.44 percent.

Nine more communes were recognised as new rural areas in the year, raising the total number of new rural communes to 39 out of the 85.-VNA