In the first 6 months of the year, the economic growth rate increased by 11.7%

On June 23th, hairman of the Provincial People's Committee Le Tri Thanh chaired a meeting to evaluate the performance of socio-economic tasks in the first 6 months of 2021 and review tasks in the last 6 months of the year.


Reported by the Department of Planning and Investment, the situation of socio-economic development shows signs of recovery. In the first 6 months of 2021, the total product in the area reached more than 30.9 trillion VND, the economic growth rate (GRDP) increased by 11.7%. This is a high increase in the context of being negatively affected by the Covid-19 epidemic. Quang Nam is one of the nine provinces of the country with a growth rate of over two digits, ranking fifth compared to the whole country and the highest in the economic region. 

The scale of the economy in the first 6 months of 2021 is estimated at more than 51.9 trillion VND, ranking second behind Da Nang. The GRDP of agriculture, forestry and fishery accounts for 15.4%. The industry-construction sector accounted for 34.6%. The service sector accounted for 32%. The product tax minus product subsidies accounts for 18%.

In particular, the industry-construction sector had a strong breakthrough and recovery. The processing and manufacturing industry increased by 35% and was the largest contributor to the overall growth of the whole economy. 

The agriculture, forestry and fishery sector has grown steadily. The agricultural sector accounted for 57% and was the largest contributor to growth in this region, up 2.3% over the same period last year.

The socio-economic development in rural and mountainous areas and poverty reduction achieved certain results. Up to now, the province has 1,605 households registered to escape poverty sustainably, reaching more than 80% of the 2021 plan. Strive to reach 100% of the plan by the end of the year.

In addition, in the first 6 months of the year, Quang Nam continued to perform 3 breakthrough tasks on building a synchronous infrastructure system and urban development, actively participating in the 4th Industrial Revolution associated with develop high-quality human resources and improve the investment environment, start-up innovation...

However, some industries still have not shown signs of recovery, due to the prolonged impact of the Covid-19 epidemic. The tourism and service sectors decreased by 0.5% over the same period. over 90% of tourist accommodation establishments in the province closed or temporarily stopped operating. The total number of visitors and stays in the first 6 months of the year decreased by 73.3% compared to the same period in 2020 and decreased by 92% compared to the same period in 2019. Tourism revenue in the first 6 months of the year was only about 121 billion VND. , down 87.6% over the same period in 2020 and 96% over the same period in 2019. As a result, social income from tourism decreased, only estimated at 284 billion VND.

Chairman Le Tri Thanh The recommendations and suggestions at the meeting will be the basis for proposing strong solutions for the last 6 months of the year. He also suggested relevant departments and branches to focus on solving difficulties for businesses; researching and building software to monitor business activities. He also suggested the Department of Planning and Investment to continue collect the recommendations at the meeting, complete the socio-economic report for the first 6 months and submit it to the Provincial Party Committee, the Provincial People's Council.

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