Thai Nguyen urged to become a modern industrial hub by 2030

Deputy Prime Minister and Foreign Minister Pham Binh Minh has asked the northern province of Thai Nguyen to tap into its strengths so that it can become a modern industrial centre of the northern midland and mountainous region.

The Party congress of Thai Nguyen Province
The Party congress of Thai Nguyen Province

The request was part of his remarks at the opening session of the provincial Party convention on October 12.

Over the past five years, Thai Nguyen has recorded significant results in the implementation of its socio-economic plan, with the economy growing by an annual average of 11% and manufacturing and services now accounting for 90% of its economic output.

Income per capita has reached VND90 million (over US$3,800) while poverty has dropped to 3.1%.

Deputy PM Minh said the province needs to clearly identify its strengths and work out breakthrough measures in order to bring about new changes to its socio-economic development.

He noted that Thai Nguyen should take advantage of its position in the northern key economic zone and the important roads nearby and pay attention to regional linkage in order to drive its economy to faster and more sustainable growth.

In his remarks, the Deputy PM also asked the province to align its economic growth with addressing social issues so as to improve the people’s standards of living.

The Party congress of Thai Nguyen Province for the 2020-2025 tenure will close on October 13.