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Bac Giang leads the country in 2023 economic growth

Updated: 17:53, 30/11/2023
BAC GIANG - According to the General Statistics Office, the Gross Regional Domestic Production  (GRDP) of Bac Giang province is estimated to reach 13.45 percent in 2023, leading the country.

Of which, the industry - construction sector increased by 17.3 percent; agriculture, forestry and fisheries increased by 3.1 percent; services increased by 6.2 percent; product taxes increased by 6 percent.

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The production line of Yadea Vietnam Electric Motorcycle Company Limited in Quang Chau Industrial Park (Viet Yen).

The GRDP has been scaled up; the whole year's value (current price) is estimated at 181.8 trillion VND (about 7.6 billion USD), exceeding 0.2 percent of the yearly plan.

The GRDP per capita hit 3,950 USD, exceeding 3 percent of the year's plan. The economic structure has shifted strongly towards increasing the industrial proportion. The industrial production value (current prices) for the whole year is about 539 trillion VND, exceeding 6.2 percent of the year's plan.

Regarding the agricultural production, key crops are further cultivated towards large-scale production with cooperation and linkage in the value chain. The technical progress and advanced production processes such as VietGAP, GlobalGAP... are widely applied. The animal husbandry sector continues to shift strongly towards reducing small-scale farming and increasing the scale of concentrated livestock farming in a closed chain.

All fields of transportation, information, post and telecommunications, trade, finance, banking, labor and employment, social order and safety, the price index increased steadily and remained stable.

The above results were achieved thanks to recent renovation in local leadership and management thinking. Key tasks were assigned to heads of departments, branches and localities. More focus has been paid on synchronous investment in transport, industrial and urban infrastructure. Meanwhile, many businesses continue to have new production orders and proactively source input materials.

Minh Linh
Bac Giang improves power supply for industrial development
BAC GIANG –Bac Giang province has recorded the highest load growth rate in the northern region recently, with electricity supplied to the industrial and construction sectors accounting for nearly 70% of commercial electricity output.
Subdivision Planning Project of Hoa Yen Industrial Park approved
BAC GIANG – The People’s Council in Bac Giang province term 19 has just issued a Resolution to approve for the Subdivision Planning Project to build Hoa Yen Industrial Park in Bac Giang province, scale 1/2,000.
Bac Giang actively supplies industrial real estate
BAC GIANG - As a locality with many advantages attracting large enterprises and corporations, Bac Giang's industrial real estate market is quite vibrant. To meet the needs of investors, the province has paid due attention to creating land fund and ensuring the supply of industrial real estate.
Minister of Public Security urges Bac Giang to maintain security and order in industrial parks and clusters
BAC GIANG – The working delegation from the Central Public Security Party Committee led by General To Lam, Politburo member, Secretary of the Central Public Security Party Committee, Minister of Public Security on October 20 worked with the Standing Committee of the Bac Giang provincial Party Committee (PPC).
Industrial production value continues to grow
BAC GIANG - The industrial production value (real prices) in Bac Giang province is estimated at over 56 trillion VND (about 2.4 billion USD) in October (up 8.3 percent compared to the previous month) and more than 407 trillion VND in 10 months (up 19.9 percent ​​over the same period), reported the provincial Department of Industry and  Trade.

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