An Giang province strives for annual growth of 7 percent

The Mekong Delta province of An Giang is hoping for annual GRDP growth of 6.5 - 7 percent during 2021 - 2025. (Photo: VNA)

An Giang – The Mekong Delta province of An Giang is hoping for annual GRDP growth of 6.5 - 7 percent during 2021 - 2025 as targeted in its recently released plan on socio-economic recovery and development.

The plan, issued by the provincial People’s Committee, aims to develop the local economy and society in a comprehensive, fast and sustainable manner after the COVID-19 pandemic was brought under control.

In addition, An Giang is also looking to raise annual per capita GRDP to 70.49 - 72.2 million VND (over 3,000 - 3,100 USD), collect over 41.3 trillion VND for the State budget over five years, gain nearly 5.3 billion USD in five-year exports, reduce the household poverty rate by 1 - 1.2 percent annually, and increase the rate of trained workers to 73 percent by 2025.

To that end, local authorities will carry out support policies for pandemic-hit cooperatives, enterprises, organisations and people by exempting or reducing value added tax, corporate income tax, and rent costs, according to Chairman of the provincial People’s Committee Nguyen Thanh Binh.

More favourable conditions will be created for businesses located both in and outside industrial parks to resume and expand operations and boost cross-border trade.

Meanwhile, priority will be given to shoring up sectors such as agriculture, industry, trade, services and tourism.

He noted An Giang will work to quickly remove obstacles to production and business activities, step up investment attraction to key projects, and develop infrastructure, especially transport, industrial parks and border gate economic zone facilities.

It will also help investors and enterprises deal with difficulties during the implementation of projects, especially those related to investment procedures, land, construction and the environment, the official said.

In 2021, the prolonged COVID-19 outbreak caused serious socio-economic impacts on the province. However, An Giang took appropriate measures to fight the pandemic and sustain economic activities.

As a result, it saw GRDP growth of 2.15 percent last year, which is hoped to reach 5.2 percent in 2022.