Ninh Binh looks to low-carbon, circular agricultural economy
The northern province of Ninh Binh is striving to transform into a low-carbon, green economy in an attempt to develop the circular economy.
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The northern province of Ninh Binh is striving to transform into a low-carbon, green economy in an attempt to develop the circular economy.
Many economic sectors in Ninh Binh province maintained stable growth in July such as industrial production and tourism.
ASEAN is on a positive trajectory to become the world's fourth-largest economy by 2030 from the current fifth place, with the bloc's gross domestic product (GDP) soaring 51% to 3.8 trillion USD in 2023 compared to 2.5 trillion USD in 2015, according to ASEAN Economic Community (AEC) Deputy Secretary-General Satvinder Singh.
Vietnam's economy in Q1/2024 shows strong recovery and positive results across various sectors, setting the stage for successful the achievement of the 2024 socio-economic development plan.
As the farming land area has been declining, farmers in Ninh Binh province have actively worked together in cooperatives and cooperative groups to develop agricultural production in line with value chains using high technologies.
Implementing the Prime Minister's Decision No. 411/QD-TTg on the national strategy on developing a digital economy and digital society, Ninh Binh has actively supported local businesses and business households in developing digital economy, thereby contributing to increasing effectiveness of production and business and creating momentum for rapid and sustainable socio-economic development in the new period.
Cultural resources are directly promoting economic growth in many fields and in many localities. In particular, Ninh Binh is an example of making good use of that special resource for its development and green growth.
The prerequisite for Vietnam's digital economy to go further is to optimise modern scientific and technological advancements in accordance with Vietnam's own approach, according to Nguyen Trung Chinh, Chairman of the Board of Directors and Executive President of CMC Corporation.
The Vietnamese economy expanded by 3.23% over the January-March period, the second slowest first-quarter growth in 12 years, according to the General Statistics Office (GSO).
The northern province of Ninh Binh continues to strongly renew its growth model, restructure its economy based on the application of science, technology and innovation in association with the synchronous implementation of the province's three breakthroughs, namely digital transformation, human resources and infrastructure development.
Since the beginning of 2022, the northern province of Ninh Binh has implemented numerous solutions to accelerate the progress of public capital projects as scheduled and to disburse public investment capital in a bid to effectively realise the Government's Resolution No. 11/NQ-CP dated January 30, 2022 on the socio-economic recovery and development programme.
State-owned enterprises (SOEs) should play a pioneering role in reform, renovation and science-technology development, and demonstrate their leading role of the economy, Prime Minister Pham Minh Chinh said.
As the only coastal district of Ninh Binh province, Kim Son boasts numerous potential and advantages to develop its marine economy, aquaculture and seafood catching. To fully tap these advantages, in the past 30 years, Ninh Binh has issued numerous policies and mechanisms to guide and support local people to enrich themselves from the sea-borne economy.
The COVID-19 pandemic has caused severe impacts in many fields. Thanks to its good performance in disbursing public capital investment, Ninh Binh has created an important driving force for its economic growth, infrastructure development and a new appearance for the province after 30 years of re-establishment.
A national teleconference was held on February 15 to review the 20-year implementation of the Party Central Committee's resolution on the collective economy and the 10-year enforcement of the Law on Cooperatives.
With trade and domestic production bouncing back despite negative impacts of the health crisis, the government is making its great efforts to continue reviving the economy, which is expected to take the lead in the region in growth this year.
To carry out the One Commune- One Product (OCOP) programme, Ninh Binh province soon approved a project to define each region with one safe and high-quality product for the 2018-2020 period. After three years of implementation, the programme has seen as a suitable solution for developing agricultural products, handicraft products, services and tourism of each region, thus contributing to restructuring the rural economy towards high added value.
Speaking at the Prime Minister's conference with the business community on May 9, PM Nguyen Xuan Phuc once again emphasised that once the social distancing is eased and 'the beat' of society has returned to normal, the economy will be like a squeezed spring and it will be time for it to get ready to unwind.
Ninh Binh's economy grew rapidly in all sectors with GRDP achieving a growth rate of 10.02%, the highest since 2016, according to a provincial People's Committee's report presented at the 15th meeting of the 14th tenure Ninh Binh People's Council.
Prime Minister Nguyen Xuan Phuc stressed that developing the collective economy must start from people's demand, during a teleconference in Hanoi on October 14 reviewing the 15-year implementation of the resolution on renewing, developing and improving the efficiency of the collective economy and cooperatives.
The Vietnamese economy is predicted to maintaina healthy growth in 2019 and 2020 at 6.8% and 6.7% respectively after a robust growth of 7.1% in 2018, according to the latest report released by the Asian Development Bank (ADB).
The Vietnamese economy expanded 6.79% in the first quarter of 2019, the General Statistics Office (GSO) announced on March 29.
The Asian Development Bank (ADB) has forecast Vietnam's economy to grow by 6.8% in 2019 and 6.7% in 2020, according to its latest report released on April 2.
Sea-based economic sectors contribute 10% of Vietnam's gross domestic product (GDP), according to the Ministry of Natural Resources and Environment.
The Vietnamese economy grew by 7.08% in 2018, the fastest rate in the past 11 years and beating the target of 6.7%, the General Statistics Office (GSO) has announced.