Spectacular growth of Quang Nam’s economy
(QNO) - Quang Nam's GRDP went up by nearly 12.8% in the last 6 months. It shows the province's strong economic recovery and growth.
The increase of Quang Nam’s GRDP is a good signal, showing the local economic recovery and development.
According to the provincial Department of Planning and Investment, the investment capital of the whole society was nearly VND 16,500 billion (up 11.9%), much higher than that in the same period of 2021.
About 32 investment projects have been licensed (29 local and 3 FDI projects). The number of enterprises entering the market has increased by 0.4%.
Tourism which was inherently under negative impacts of Covid-19 has become active again.
The number of visitors to Quang Nam rose by 2.7% over the same period last year.
An increase of 1% went into the agriculture - forestry - fishery sector, 19.3% into industry and construction, 6.5% into services.
The economic growth rate of Quang Nam ranked 4th among 63 provinces and cities nationwide, 2nd among 14 provinces in the North Central and Central Coast, and 1st in the Central key economic region.
It can be seen that Quang Nam is keeping its socio-economic growth in all fields among which industry is the driving force and services play an important role.
It is forecast that process manufacturing will keep on its increase in the 2nd quarter of 2022, especially in processing and production of food and beverages, textiles, garments, leather, paper, vehicles with engine, etc.