Solutions to overcome difficulties in economic development discussed

The 4th Session of the 15th Hai Duong Provincial People’s Council solemnly opened on the morning of 11 December.

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Mr. Bui Thanh Quyen, Member of the Central Party Committee, Secretary of the Provincial Party Committee, Chairman of the provincial People's Council, Head of the provincial delegation of the National Assembly speaking at the opening of the session

Mr. Bui Thanh Quyen, Member of the Central Party Committee, Secretary of the Provincial Party Committee, Chairman of the provincial People's Council, Head of the provincial delegation of the National Assembly speaking at the opening of the session

In his opening speech, Mr. Bui Thanh Quyen, Member of the Central Party Committee, Secretary of the Provincial Party Committee, Chairman of the provincial People’s Council, Head of the provincial delegation of the National Assembly specified the key and central tasks of this session to exactly assess the implementation of 2012 socio-economic development tasks; to analyze and clarify the shortcomings, limitations, weaknesses; to clearly define the responsibilities of each level, each sector, each locality to then find out the causes and draw lessons of experience in the direction and administration of the socio-economic development in 2013, with an aim: “To enhance support to enterprises for business production recovery, greatly improve the investment climate; prioritize activities to ensure social welfare; hold firm to social stability and people’s lives” as the highlight.

On behalf of the Provincial People’s Committee, Chairman of the provincial People’s Committee Nguyen Manh Hien presented the report on the results of the implementation of 2012 socio-economic development task; 2013 socio-economic development plan.

Overview of the session. (Photos: Thanh Chung)

Accordingly, in 2012, Hai Duong economy has been confronted with lots of difficulties. The province has been drastical, flexible in the direction, administration and efforts to remove difficulties and obstacles in activities of investment, production and business. The province’s gross domestic product (GDP) is estimated to be an increase of 5.3% compared with 2011. Of which, the production value of agriculture, forestry and fishery is estimated at VND4,496 billion, equal to 102.3% of the plan, up 0.5% compared with 2011; industrial production value was estimated at VND26,539 billion, equal to 91.5% of the plan, up 5% compared to the year 2011; production value of the services is estimated at VND7,464 billion, up 12.4% compared with 2011. The total collection for budget is estimated at VND5,200 billion, equal to 83.9% of the year estimate. Of which, domestic revenue is VND4,300 billion, accounting for 81% of the estimate (down VND1,000 billion), down 16.8% compared with 2011. Collection of import and export taxes reaches 900 billion, completing the assigned plan. The value of exports is estimated at USD1,663 million, or 110.8% of the plan, up 9.4% compared with 2011. Steps of credit growth recovery have been seen in the last months of the year.

2012 is still the year with numerous shortcomings and limitations. 8 out of 13 essential socio-economic targets have not been hit as planned. Development of business production is slow, collection for budget low, the real estate market freezing, many enterprises suffering from losses, dissolution or suspension of activities, many employees losing their jobs, a large segment of workers, especially the workers in enterprises meeting with difficulties. The attraction of investment capital is reduced, the development of some projects slow, the credit growth rate low, the bad debt rate high, the access to bank loans difficult.

The year 2013′s economic growth is expected from 6% to 6.5%. New jobs for 32,000 workers are to be created. The trained labor rate is 48.5%. The poor household rate is reduced to 6.44%. The rate of under five year old children who are malnourished in underweight state is reduced to 14%. The proportion of population using clean water reaches 92%…

The session is continuing on 12 and 13 December to discuss and adopt many important decisions.

SY THANG

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