Tra Vinh focusing on economic growth

Le Van Han, Chairman of Tra Vinh People’s Committee, visited a local pandemic prevention checkpoint, Photo: travinh.com.vn

Regional GDP of Tra Vinh reached 5.37 per cent in the first quarter and 5.32 per cent in the first half this year, compared to a mere 3.35 per cent one year ago.

Improvements were also spotted in the number of new business setups as well as the average capital scale of businesses.

Total budget collection reached 53 per cent of the estimation, whereas other indexes on agricultural production, trade, and services have rebounded and shown upbeat growth.

With strenuous efforts from the leadership and local management agencies, Tra Vinh drew 13 domestic investment projects valued at VND10.2 trillion ($447 million) in the total investment value so far the year, of which three projects worth nearly VND757 billion ($32.9 million) in the total registered capital came to industrial zones (IZs) and economic zones, and 10 projects valued at about VND9.5 trillion ($414 million) to areas outside these zones.

Compared to the same period in 2020, the total investment value rose nearly 30-fold equal to VND9.92 trillion ($431 million) despite a reduction of three projects on-year.

As of now, the province is home to 382 operating projects of which 41 projects are run by overseas investors worth $3.1 billion in total committed value, and 341 projects by local investors valued at nearly $5.3 billion.

Tra Vinh has received and worked with 36 groups of local and international investors in quest for opportunities in diverse fields of logistics, deepwater port, gas-fired power, solar power, seafood, wind power, tourism, and agriculture in which the province has strong advantages.

Strictly adhering to the country’s fighting spirit against the pandemic, Tra Vinh has taken a raft of drastic measures on curbing outbreaks. The engagement of the whole political system and consensus of local people has brought due reward with no case of COVID-19 thus far spotted in the province, ushering in trust and upbeat sentiment among the community in this regard.

Leaders of Tra Vinh and diverse management agencies like those of industry and trade, planning and investment, and Tra Vinh Economic Zones Authority have made field strips to businesses based in the province to learn about their production practices, from there presenting timely supportive measures to help businesses tackle hardships.

Simultaneously, in the first half this year, Tra Vinh has come up with many practical activities to soothe the life of underprivileged people and those making contributions to the revolutionary cause.

For instance, more than 25,200 people with contributions to the revolutionary cause and their relatives, as well as 21,800 needy and near-poor households, were given gifts at Lunar New Year.

The province has provided jobs to more than 15,300 labourers, reaching 67 per cent of the projection, meanwhile around 290 labourers were sent abroad to work, equal to 32 per cent of the plan.

As of now, Tra Vinh has engaged in reviewing tax payment extension and land rent in 2021 in light of governmental Decree No.52/2021/ND-CP dated April 19.

According to Le Van Han, Chairman of Tra Vinh People’s Committee, to ensure effective implementation of pandemic containment and pushing up economic development, local authorised agencies were urged to seriously handle these dual tasks, along with accelerating the pace of site clearance at Co Chien IZ and at wind power projects. It is also a must to further call for investment to IZs and industrial clusters which were approved, preventing unfocused public investment to boost efficiency, and ensuring completion of projects which were carried forward from previous years.

Other tasks are encouraging people to embrace crop and animal transformation in a suitable manner, changing low-effective sugar cane areas, building new-style countryside, dissolving low-effective cooperatives, preserving resort and relic sites, and building sample models to spur tourism potential in a bid to reach provincial goals and ensure social wellbeing.