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.
Despite numerous difficulties and challenges from complicated and unpredictable global developments over the first seven months of this year, Vietnam's economy continued to record positive outcomes thanks to the effective implementation of the Government's resolutions to promote growth.
Vietnam's economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period, the General Statistics Office (GSO) announced at a press conference in Hanoi on June 29.
Having defined public capital investment disbursement as an important solution to recover the economy, since the beginning of the year, the Ninh Binh provincial People's Committee has issued numerous directives to speed up the disbursement of public capital investment. However, the outcomes have lagged behind expectations. Therefore, the province needs to make concerted efforts to disburse at least 90% of the allocated capital.
Over the past years, the northern province of Ninh Binh has paid due attention to spurring scientific and technological research and application into production and daily life, thus helping to increase productivity and effectiveness of production and business for local firms and farmers and improve the competitiveness of the local economy.
Vietnam has issued many policies on natural resources management, environmental protection, climate change adaptation and sustainable development of the marine economy, contributing to protecting the environment and preserving blue and sustainable oceans.
Prime Minister Pham Minh Chinh chaired the eighth meeting of the National Committee for Digital Transformation on April 24, which aims to assess digital transformation efforts and development of the digital economy in recent times and discuss tasks and solutions for accelerating the work in 2024.
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.
Vietnam's economy grew 5.66% in the first quarter compared to the same period last year, the highest for the first quarter since 2020, the General Statistics Office (GSO) announced at a press conference in Hanoi on March 29.
The Government's policies on promoting cashless payments have promoted online transactions and shopping in Ninh Binh, thus bringing practical benefits to local people and boosting the digital economy.
The Government's policy of promoting cashless payment has triggered the spread of online payments in Vietnam as well as the race of new technologies, contributing to boosting the digital economy.
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.
Vietnamese enterprises and authorities are taking action right from the start of 2024 to promote industrial production though many challenges remain in the global economy.
Engaging the community in the preservation of natural resources and cultural heritage values has an important role to play in boosting sustainable development since it will bring substantial benefits to the national economy.
The northern province of Ninh Binh has been accelerating digital transformation on all three main pillars: digital administration, digital economy and digital society.
The Government of Vietnam is determined to achieve the dual goal of developing a digital government, digital economy, digital society, and forming digital technology enterprises with global competitiveness, Prime Minister Pham Minh Chinh said at an event held in Hanoi on October 10 to mark the National Digital Transformation Day 2023 with the theme "Exploiting digital data to create values".
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.
The Standing Board of the Ninh Binh provincial Party Committee on September 21 held a meeting to review the implementation of the 12th Party Central Committee's Resolution No. 10-NQ/TW, dated June 3, 2017, on developing the private sector into an important driving force for the socialist-oriented market economy.
In the past years, farmers in Ninh Binh province have piloted new plant varieties, established specialised models of cultivation and changed their mindset in developing the agriculture economy, thus bringing about high economic values and creating a new momentum for the agriculture sector.
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.
Building synchronic infrastructure, improving the quality of workforce, and creating a favourable investment climate are important factors that help Ninh Binh's economy gains important outcomes in the past years.
Amid difficulties of the economy, many local enterprises have faced severe labour shortages. Many of them cannot operate at full capacity and find it difficult to set out production and business plans.
Building new-style rural areas has been defined as one of the important tasks in the process of socio-economic development in Ninh Binh province. Especially, contributions of the cooperative economy sector and cooperatives have brought about great changes in rural areas and agriculture.