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The index of industrial production (IIP) in December 2023 grow by 6.16% compared to the same period in 2022

Reporting at the regular meeting of the Provincial People's Committee in December 2023, Mr. Pham Hong Quang - Director of the Department of Planning and Investment said that the Index of Industrial Production (IIP) in December 2023 is projected to increase by 6.16% over the same period last year. Cumulatively for the whole year 2023, some industrial products are expected to have a good increase compared to 2022.

Attending the meeting were: Thai Thanh Quy - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council, Head of the Provincial National Assembly Delegation; Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee.

Members of the Standing Committee of the Provincial Party Committee includes: Nguyen Nam Dinh - Standing Vice Chairman of the Provincial People's Council, Le Hong Vinh - Permanent Vice Chairman of the Provincial People's Committee, Bui Thanh An - Vice Chairman of the Provincial People's Committee; Nguyen Van De - Provincial Party Committee member, Vice Chairman of the Provincial People's Committee and leaders of provincial departments, committees and branches attended the meeting.

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Overview of the meeting

As of December 15, total area of winter crop cultivation in the province is projected to reach 36,496.25 hectares.

In December 2023, farmers will mainly focus on producing the Winter crop in 2023 and prepare all conditions for production of the two Spring crops in 2024. As of December 15, 2023, the total area of winter crop cultivation in the province is projected to reach 36,496.25 hectares.

As of December 2023, the total buffalo herd is projected to reach 264,938 heads, equal to 99.01%. The total cow herd is projected at 535,515 heads, up 3.15% over the same period last year. The total pig herd is projected to reach 989,182 heads, an increase of 2.76%. The total poultry herd is 34,758,000 heads, an increase of 7.87% compared to the same period last year. Currently, localities are focusing on directing and deploying anti-cold plans for livestock and poultry during the severe and damaging cold at the end of December 2023.

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Pham Hong Quang, Director of the Department of Planning and Investment, reports the socio-economic situation in December 2023

Currently, African swine fever is developing quite complicatedly in the locality. Besides, a number of other diseases occurring sporadically in a number of small-scale livestock households have been detected early, controlled and treated promptly to prevent them from spreading to a large area. The Agriculture and Rural Development sector has focused on directing localities and units to continue enhancing supervision, information and propaganda and guiding livestock farmers to perform measures to prevent and control diseases for livestock herds.

Regarding the new-style countryside building programme, it is expected that in 2023, the whole province has 10 communes meeting new-style countryside standards, 35 communes meeting advanced new-style countryside standards, 06 communes achieving model new-style countryside standards. The average number of criteria meets 17 criteria/commune, 01 district meets new-style countryside standards (Hung Nguyen).

The Index of Industrial Production (IIP) in December 2023 is projected to grow by 6.16% over the same period last year. Accumulated for the whole year, IIP is increase by 7.6%; of which the mining industry is projected to be 91.94%, the processing and manufacturing industry is projected to increase by 10.01%, the production and distribution of electricity, gas, hot water, steam and air conditioning is projected to be equal to 94.64%, the water supply industry, waste management and treatment activities, and wastewater are projected to increase by 25.74% over the same period.

The whole year's accumulation of some industrial products is expected to increase significantly year-on-year, including: Fish sauce 393 million liters, an increase of 19.58%; yogurt 51 thousand tons, up 5.62%; fresh milk 274 million liters, an increase of 11.19%; animal feed 170 thousand tons, an increase of 13.2%; bottled beer 41 million liters, up 2.64%; fertilizer 55 thousand tons, an increase of 21.78%; tap water 35 million m3, an increase of 2.75%

In December 2023, the market has signs of recovery after the difficult first months of the year. People's shopping needs tend to increase, retail supermarket systems and activities connecting supply and demand continue to expand in many areas. Total retail sales of goods and consumer service revenue in December 2023 is projected to reach 13,543.36 billion VND, 1.46 times compared to the same period in 2022. Accumulated for the whole year is projected to reach 123,133.27 billion VND, an increase 21.38% compared to last year.

Export turnover in December 2023 is projected to reach 220 million USD; up 26.37% over the same period in 2022. Cumulatively for the whole year 2023, total export turnover is projected to reach 3.11 billion USD, up 22.6% over the same period, of which commodity export turnover is projected to reach 2.452 billion USD, up 12.02%. Import turnover is projected at 1,323 million USD, up 4.15% over the same period last year.

The number of tourists in December is projected to reach 350,000. The tourism revenue is projected to reach 366 billion VND. The cumulative number of tourists in 12 months is projected to reach 8.36 million, up 24% over the same period last year.

Budget revenue in 2023 is projected at to be 18,136 billion VND, reaching 114% of the estimate assigned by the Provincial People's Council and equal to 81% of the implementation in 2022. Of which, domestic revenue is protected at 16,940 billion VND, reaching 116% of the estimate and equal to 80% last year. Revenue from import-export activities is protected to be 1,175 billion VND, reaching 94% of the estimate and equal to 88% of the estimate last year. Budget spending in 2023 is protected to be 35,661 billion VND, equal to 107.5% of the estimate.

In December, the whole province granted new (Approval of investment policy/issue of Investment Registration Certificate) to 08 projects with a total registered investment capital of 5,126.4 billion VND.

As of December 20, 2023, the total public investment plan for 2023 has disbursed 6,729.549 billion VND, reaching 74.5%. Of which, concentrated public investment capital has disbursed 3,636.289 billion VND, reaching 65.12%. The plan for 2022 extended to 2023 has disbursed 1,017.114 billion VND, reaching 64.79%.

Some key projects with good disbursement progress include:  coastal road project from Nghi Son (Thanh Hoa) to Cua Lo (Nghe An) - section from Km7 - Km76 reaching 84.96%, Road connecting National Highway 7C (Do Luong) to Ho Chi Minh Road (Tan Ky) reached 99.76%, Vinh - Cua Lo connecting road (phase 2) reached 100%, etc.

In December 2023 (from December 1, 2023 to December 18, 2023), the whole province has granted new (Approval of investment policy/issue of Investment Registration Certificate) for 08 projects with a total registered investment capital is 5,126.4 billion VND. Amending 12 projects, of which the total investment capital of 3 projects increased by 3,208.7 billion VND. Total newly granted and amended capital is 8,335.1 billion VND.

Accumulated for 2023 (as of December 18, 2023), the whole province has newly granted (Approval of investment policy/issue of Investment Registration Certificate) for 115 projects with a total registered investment capital of 44,883.4 billion VND. Amending 183 projects, of which the total investment capital of 49 projects increased by 10,127.6 billion VND. Total newly granted and amended capital is VND 55,011 billion. Compared to the same period last year, the number of newly licensed projects increased by 3.6%, the total newly registered capital increased by 1.53 times.

In December (as of December 20, 2023), there were 136 newly established enterprises with a total registered capital of 781 billion VND. Accumulated for the whole year (as of December 20, 2023), there are 2,869 newly established enterprises, equal to 97.05% compared to the same period last year with a total registered capital of 18,566 billion VND; 1,053 enterprises reopened, up 7.33% over the same period last year.

International cooperation and integration activities continue to be deployed effectively. The culture and society fields achieve many positive results. The work of land registration, registration of land changes and issuance of land use rights certificates to organizations and individuals is well carried out. Districts, cities, and towns have completed proposals for approval of land use plans in 2024, and continue to amend and supplement land use plans in 2023. National defense, security and social order and safety are maintained.

However, currently, African swine fever is developing complicatedly in many districts, cities and towns (Currently, there are 114 outbreaks in small farming households in less than 21 days in 19 districts, cities and towns; the number of dead pigs forced to be destroyed is 7,452, total weight 431,457 kg). Accumulated for 12 months, some industrial products are projected to decrease compared to the same period in 2022 such as: Canned beer down 3.36%; wood chips down  6.86%; cement down 1.42%; Electricity production down  7.48%, etc.

Although the disbursement rate of the public investment capital plan in 2023 is higher than the same period last year and higher than the national average, some sources of disbursed capital are still low such as: Newly disbursed capital for the socio-economic recovery and development programme is 390,207 billion VND, fulfilling 52.17%; Newly disbursed foreign capital is 137,454 billion VND, fulfilling 46.45%; The National Target Programme for Socio-Economic Development in Ethnic Minority and Mountainous Areas has just disbursed 228,352 billion VND, fulfilling 36.12%; National target programme on sustainable poverty reduction has just disbursed 9,779 billion VND, fulfilling 4.78%.

PT (Collecting)