Economics

Quang Nam's economy in 2024 reached a scale of 129 trillion VND

Translated by CAM HY Jan 13, 2025 21:53

(QNO) - On the afternoon of January 10, the Quang Nam Provincial People's Committee held a press conference to provide updates on the socio-economic situation in 2024 and key tasks for 2025.

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Chairman of the Quang Nam Provincial People's Committee, Le Van Dung at the conference. Photo: baoxaydung.com.vn

Accordingly, the province’s Gross Regional Domestic Product (GRDP) growth rate was estimated at 7.1%, a significant recovery from the negative growth of -8.37% in 2023. Industrial production demonstrated an impressive rebound, with a growth rate of 13.5%.

Total public investment capital for 2024 was VND 9,089 billion with VND 6,392 billion disbursed, achieving 70.33%. Total investment capital implemented in whole society reached over VND 31,881 billion, rising VND 390 billion compared to 2023.

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An industrial park in Quang Nam. Photo: baoxaydung.com.vn

In 2025, Quang Nam will continue to advance its three strategic breakthrough tasks, the economic recovery and development program, national target programs, and public investment plans.

The province aims to accelerate progress, ensure quality, and complete key strategic infrastructure projects to effectively leverage its potential and new development opportunities.

Translated by CAM HY