Economy

Hai Duong is forecast to achieve economic growth of over 10% in 2024

BANK June 28, 2024 10:46

In the first 6 months of this year, Hai Duong's economic growth is estimated at 10%. According to the provincial Statistics Office, Hai Duong will achieve a growth rate of over 10% in 2024.

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Director of Hai Duong Provincial Statistics Office Pham Ba Dung announced socio-economic statistics for the first 6 months of 2024 of the province.

On the morning of June 28, the Hai Duong Provincial Statistics Office held a press conference to announce socio-economic statistics for the first 6 months of 2024.

Accordingly, in the first 6 months of this year, Hai Duong's economic growth is estimated at 10%, ranking 7th out of 63 provinces and cities nationwide and 3rd in the Red River Delta.

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Source: Hai Duong Provincial Statistics Office

The highlight of Hai Duong's growth picture in the first 6 months of the year is that all sectors recorded growth. Of which, the industrial and construction sector recorded the highest growth, estimated at 13.71% (contributing 7.38 percentage points to the overall growth). The industrial sector alone increased by 14.3%, continuing to be the spearhead of the economy. The reason is that all manufacturing sectors grew quite evenly, with 34/36 industrial sectors increasing.

The agriculture, forestry and fishery sector is estimated to increase by 3.52% (contributing 0.41 points), due to stable growth in livestock and aquaculture; winter-spring rice productivity both increased compared to the same period.

The service sector is estimated to increase by 6.9% (contributing 1.79 percentage points), mainly due to stable growth in residential consumption; transportation and production support services increasing quite well; and positive impacts from the increase in basic salary of civil servants and public employees in mid-2023 in the State management, health and education sectors.

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Hai Duong Provincial Statistics Office forecasts that all three economic sectors of the province will grow steadily in the last 6 months of the year.

Director of the General Statistics Office Pham Ba Dung said that the unit had forecasted that the growth rate in the three regions in the last 6 months of the year would be stable, even better than the first 6 months. In the context of the current domestic and international situation, the province's economic growth for the whole year is forecast to reach over 10%.

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Hai Duong is forecast to achieve economic growth of over 10% in 2024