Ninh Binh's tourism sector with new expectations
Ninh Binh province's tourism industry continued to enjoy strong growth in 2023 as it surpassed many set targets, laying a foundation for the sector to reach higher targets this year.
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Ninh Binh province's tourism industry continued to enjoy strong growth in 2023 as it surpassed many set targets, laying a foundation for the sector to reach higher targets this year.
While consumption has shown signs of slowing down, attracting foreign investment with strong growth in realised capital but not yet recovering in newly registered capital, public investment will still be the main driver of economic growth in 2023.
Thanks to practical and effective solutions, Ninh Binh's tourism sector has revived strongly after the COVID-19 pandemic with increasing number of tourist arrivals. The province's tourism sector and trave companies have made efforts to renovate promotion programmes and diversify tourism products in a bid to draw more visitors in the year-end months.
In recent years, Ninh Binh's tourism sector has witnessed strong growth with an increasing number of tourist arrivals and a growing amount of revenue. Ninh Binh has been become a bright spot in Vietnam's travel map, and ranked among top 15 leading destinations and top 10 provinces with the highest number of visitors. Apart from its outcomes, the tourism sector still sees weaknesses such as unattractive tourism products and poor entertainment activities which fail to keep tourists stay longer.
Vietnam's seafood exports made a strong recovery in the first quarter of 2022, with total revenue reaching 2.4 billion USD, up 38.7% year on year. Such an impressive result was thanks to strong growth in the export of shrimp and shark catfish.
When it was re-established in 1992, Ninh Binh had only 14 small industrial production businesses. After 30 years, the industrial production sector has witnessed robust performance and affirmed its essential role in the province's economy. The industrial production accounts for 31.6 percent of the provincial economic structure.
In the first six months of 2018 the Vietnamese economy grew at its fastest first-half pace since 2011, creating many opportunities for the country to maintain its strong growth and meet the whole-year target of 6.7%.
Vietnam's economy in the first half of 2015 continued to grow steadily, with social investment and investment by enterprises posting strong growth, while the financial and property markets saw positive changes.