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Tuesday, 30-12-25 09:29:25

Economics

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Innovative thinking and high determination needed to achieve growth targets

Morning (March 20), at People's Committee of Dong Nai province, the Government delegation led by Mr. Tran Hong Minh, member of the Party Central Committee, Minister of Construction, worked with Dong Nai, Binh Duong, and Tien Giang provinces on promoting production and business, construction investment, import and export, national target programs, striving to achieve and exceed the growth target for 2025. Attending the meeting were Mr. Vo Tan Duc, Chairman of Dong Nai Provincial People's Committee; Mr. Tran Van Dung, Standing Member of Provincial Party Committee, Permanent Vice Chairman of Tien Giang Provincial People's Committee; Mr. Bui Minh Tri, Vice Chairman of Binh Duong Provincial People's Committee.

Strive to achieve the goal from the beginning of the year

Speaking at the meeting, Mr. Bui Minh Tri, Vice Chairman of the Provincial People's Committee, said that in order to complete assigned tasks in Resolution No. 25/NQ-CP dated February 5, 2025 of the Government and Conclusion 123-KL/TW of the Central Party Executive Committee on the growth target of sectors and fields to ensure the overall growth target of the whole country reaches 8% or more, People's Committee of Binh Duong province has proactively developed a growth scenario for 2025 with the following goals: GRDP growth rate reached 10.5%; economic scale is estimated at over 574,899 billion VND; GRDP per capita reached over 198 million VND/person; import-export turnover increased over 10%; total trade surplus reached over 11.2 billion USD...

Concluding the working session with localities, Minister Tran Hong Minh emphasized the need for an innovative mindset and a strong determination to achieve the established growth target.

In pursuit of breakthrough growth for sustainable development and to promote the "era of rising up," Binh Duong is committed to overcoming challenges and striving for double-digit growth, aligning with the common goals of the Southeast region and the entire country.

Concluding the meeting, Mr. Tran Hong Minh, Minister of Construction, requested localities to mobilize and effectively use resources, especially public investment; effectively implement solutions to remove bottlenecks; focus on directing, monitoring, and grasping the situation of production, business, construction investment, and import and export activities. The Minister of Construction noted that localities must have innovative thinking and high determination to achieve the set growth targets...

Mr. Bui Minh Tri said that Binh Duong has developed two groups of solutions: Group 1 - short-term solutions have widespread impacts, with immediate effects on the economy; Group 2 - long-term solutions have in-depth impacts, helping the province develop stably and sustainably in the coming years. For group 1, the province sets out 4 key tasks that need to be urgently implemented to have a quick and strong impact. Accordingly, seriously, urgently and resolutely carry out 3 breakthroughs; strive to attract foreign investment capital of over 3 billion USD by 2025, with a disbursement rate of over 70%; focus on shortening the time to carry out investment procedures, put projects into operation soon, promote efficiency, contribute to economic growth...

Binh Duong is prioritizing the disbursement of public investment capital as a critical political task in its mission to stimulate private investment. In 2025, the province plans to allocate approximately 36,000 billion VND for public investment.(2.25 times higher than in 2024); focus on compensation, site clearance and construction of key infrastructure projects to connect the region right from the first months of the year; determined to put into use social security projects, especially the 1,500-bed hospital project; urgently prepare for investment in Saigon riverside road project, the Tay Ninh province connection road project, freight railway projects, urban railway projects... to be implemented in the period of 2026-2030. The two remaining tasks that Binh Duong is urgently focusing on are developing enterprises and creating a favorable business environment, along with arranging and streamlining the administrative apparatus.

For group 2, Binh Duong sets out 3 key tasks that need to be urgently implemented to have stable, sustainable and long-term impacts, including: Develop a comprehensive and sustainable market; attract investment resources; train human resources, improve people's quality of life...

Similarly, Mr. Vo Tan Duc, Chairman of Dong Nai Provincial People's Committee, said that to achieve the growth target of 10%, Dong Nai has proposed key solutions to focus on implementation. Specifically, in terms of industrial production and construction, Dong Nai promotes breakthrough growth in industrial production, focusing on processing and manufacturing, electricity production and distribution; speeds up the completion of power projects. Dong Nai has actively implemented solutions to expand and diversify its export markets. Local authorities are focusing on mobilizing and effectively utilizing resources, particularly public and private investment. Additionally, there is an urgent need to develop a program that aligns with Resolution No. 57-NQ/TW from the Politburo, which emphasizes breakthroughs in scientific and technological development, innovation, and national digital transformation.

Binh Duong is speeding up the progress of key traffic projects and regional connectivity. In photo:  Construction of Ho Chi Minh City Ring Road 3 project through the province

Proposal to issue special mechanism

At the meeting, representatives of Binh Duong province's leaders proposed that the Government review and consider issuing special mechanisms, "green channels" in the mechanism so that localities can take advantage of available opportunities to soon move towards the clear goals and directions set out by the Politburo in Conclusion No. 123-KL/TW and Resolution No. 25/NQ-CP of the Government on growth targets for sectors, fields and localities, ensuring the national growth target in 2025 reaches 8% or more; at the same time, study and consider issuing budget adjustment rates in a direction suitable to the development requirements of provinces and cities in the period when resources need to be concentrated to promote rapid but sustainable growth.

In addition, Binh Duong proposed that the Government complete the policy framework on encouraging socialization by reviewing, amending and supplementing mechanisms and policies; the Ministry of Finance study the mechanism to promote and allocate investment resources in accordance with the conditions of each locality in the key economic region; remove obstacles in determining financial obligations for cases where foreign-invested enterprises receive the transfer of all or part of a real estate project before the effective date of the 2024 Land Law but have not yet fulfilled their financial obligations...

Reported by Phuong Le - Translated by Ngoc Huynh

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