Quang Ninh emerges as successful economic transformation model, PM says

VGP – Quang Ninh has emerged as a successful economic transformation model as the locality has shifted to a greener and diverse economy, said Prime Minister Nguyen Xuan Phuc.

May 24, 2020 6:16 PM GMT+7

Prime Minister Nguyen Xuan Phuc shakes hands with local leaders before the working session. Photo: VGP

The Government chief made the above remarks at his working session with the local leaders on Sunday.

He hailed the local authorities for having been dynamic in diversifying forms of investment capital mobilization from various economic sectors, including major private and foreign-invested companies, making it one of the strong and comprehensive growth poles in the Northeastern region.

The local economy expanded around 11% in the 2016-2019 period, with agriculture and service sectors acounting for 6% and 46%, respectively.

PM Phuc also said he was impressed with the locality’s transport infrastructure as major airport, seaport, and highway projects were handled under the public-private partnership model.

Quang Ninh was the first locality in Viet Nam to have built a public administrative center and maintained high growth rate of 7.2% in the first quarter this year despite negative impacts of the COVID-19 outbreaks.

Quang Ninh sustained its position as the most competitive province for the 3^rd consecutive year, according to the Provincial Competitiveness Index released by the Viet Nam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID) early this month.

Phuc said Quang Ninh’s recent robust growth has been strongly fueled by effective expansion of tourism, providing a source of inspiration for other localities. Last year, Quang Ninh welcomed 14 million visitors, of whom 5.75 million were foreigners.

By Quang Minh