Quang Ninh province posts growth of over 8% in Q1

The northern province of Quang Ninh maintained stable and high socio-economic development in the first quarter of 2023, with gross regional domestic product (GRDP) growth of 8.04%, statistics showed.
Quang Ninh province posts growth of over 8% in Q1 ảnh 1An area in Quang Ninh province (Photo: VNA)
Quang Ninh (VNA) – The northern province of QuangNinh maintained stable and high socio-economic development in the first quarterof 2023, with gross regional domestic product (GRDP) growth of 8.04%,statistics showed.

The servicesector recovered strongly to maintain its role as the main growthengine, contributing to 30.6% of the GRDP.

In thefirst three months, Quang Ninh welcomed 4.85 million tourists and earned some8.55 trillion VND (363.9 million USD) in tourism revenue, respectively rising2.3 and 2.7-fold from a year earlier.

Meanwhile,state budget revenue reached some 14.8 trillion VND, equivalent to 27% of thisyear’s estimate and up 8% year on year. The budget comprises 11.27 trillion VND fromdomestic sources and 3.53 trillion VND from foreign trade, representing increases of 8% and 7% respectively year on year.

For thesecond quarter, the provincial Party Committee targets GRDP growth of about9.51%, state budget revenue not lower than 15 billion VND, and at least 3.6million tourists to help attract some 15 million arrivals in the entire 2023./.
VNA

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