PM asks for faster, quality growth in Hai Phong

Hai Phong city, which is at an important location in the northern key economic region, must post faster quality growth so as to stimulate overall development of the whole nation. 

Prime Minister Nguyen Xuan Phuc made the requirement at a working session with municipal officials in the northern port city on September 19. 

He highlighted the local advantages that cannot be found in other localities such as being one of the two biggest international seaports in Vietnam, holding a strategic location in the “two corridors, one economic belt” which links with China, and owning favourable infrastructure for tourism. As a major port city, Hai Phong is also a pioneer in integration in the country. 

Applauding the fast economic growth and the social welfare benefits that are four times higher than in other localities, he also pointed out certain shortcomings such as unsustainable growth and less-than-expected agricultural production and administrative reforms. 

The PM told municipal officials to augment assistance for small- and medium-sized enterprises and support industries while developing logistics services. 

Hai Phong must work harder to raise agricultural productivity, overhaul infrastructure development planning and call for more private sector engagement in development projects. It has to protect the environment to turn tourism into a spearhead industry, he noted. 

The Government leader also wants the city to be among the top 10 localities in administrative reforms and press on with crime fight. 

At the working session, local officials reported that Hai Phong enjoyed the best socio-economic attainments since 2010 in the first nine months of 2016. It is taking the lead in FDI attraction with US$2.66 billion of FDI invested in the period, up five-fold from the same period last year. Domestic businesses have also poured tens of trillions of VND into big projects, especially in tourism, in the city. 

Budget revenue between January and September increased by 42.3 percent from a year earlier to VND43.36 trillion (US$1.94 billion), fulfilling this year’s target.
Mời quý độc giả theo dõi VOV.VN trên

Related

Hai Phong Port to be international gateway by 2020
Hai Phong Port to be international gateway by 2020

The northern port city of Hai Phong is expected to become the international gate of the north for an estimated 109-114 million tonnes of goods in and out and about 25,800 foreign tourists by 2020.

Hai Phong Port to be international gateway by 2020

Hai Phong Port to be international gateway by 2020

The northern port city of Hai Phong is expected to become the international gate of the north for an estimated 109-114 million tonnes of goods in and out and about 25,800 foreign tourists by 2020.

Hai Phong remains among top FDI destinations
Hai Phong remains among top FDI destinations

The northern port city of Hai Phong still holds its position among the country’s top performers in foreign direct investment (FDI) attraction with 31 newly-registered and capital adjusted projects valued at more than US$1.74 billion in the first five months of the year.

Hai Phong remains among top FDI destinations

Hai Phong remains among top FDI destinations

The northern port city of Hai Phong still holds its position among the country’s top performers in foreign direct investment (FDI) attraction with 31 newly-registered and capital adjusted projects valued at more than US$1.74 billion in the first five months of the year.

Hai Phong draws over US$1.8 billion in FDI
Hai Phong draws over US$1.8 billion in FDI

The northern port city of Hai Phong granted licenses to 28 new foreign direct investment (FDI) projects worth US$1.83 billion in the first seven months of 2016.

Hai Phong draws over US$1.8 billion in FDI

Hai Phong draws over US$1.8 billion in FDI

The northern port city of Hai Phong granted licenses to 28 new foreign direct investment (FDI) projects worth US$1.83 billion in the first seven months of 2016.