Ninh Binh's budget collection reaches over 10 trillion VND in nine months

The province's gross regional domestic product (GRDP) was estimated to hit nearly 37.89 trillion VND (1.54 billion USD), up 6.84% from the same period of the previous year. 

Total development investment capital in the reviewed period was over 23.3 trillion VND, a slight increase of 3.9% year on year and making up 75.2% of this year's plan.

The trade and service sector has witnessed strong performance particularly in the fields of tourism, accommodation and catering services.

During the January-September period, Ninh Binh welcomed over 5.52 million visitors, a 99.1% rise against the same period last year, surpassing the yearly plan by 3.2%. The tourism sector earned more than 5 trillion VND (210 million USD), a 2.3- fold rise and making up 98.2% of the yearly plan.

Total retail sales of goods in the province hit almost 46.7 trillion VND (1.9 billion USD), a year-on-year rise of 36.9%.

The nine-month CPI increased by 2.55% year on year.

The province's total export value hit 2.4 billion USD, down 0.5% year on year and making up 73.8% of the yearly plan. Some key exports saw decline such as clothes (down 16%); footwear (down 30.2%); camera and components (down 28.5%). Meanwhile, the province spent more than 2.06 billion USD on imports in the nine months.

In the first nine months of 2023, the provincial authorities granted licences to 32 new projects with total registered capital of over 4.83 trillion VND (203 million USD), up 17 projects and a 3.3-fold rise over the same period last year.

Translated by Nguyen Thuy