[REVISION HISTORY]

Quang Ninh economic development and growth targets

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2026-11-02 10:21 UTC → 2026-11-07 06:02 UTC · added ~~removed~~

Quang Ninh province continues to pursue aggressive economic growth through industrial expansion and specialized sector development. By the end of the third quarter of 2026, the province reported a GRDP growth rate of 12.54% for the first nine months, supported by manufacturing projects and high public investment disbursement. To sustain this momentum, authorities are implementing institutional reforms to resolve administrative bottlenecks. Through October 2026, the provincial government held 12 specialized conferences to address approximately 200 petitions concerning investment, land use, and logistics. These efforts aim to clarify departmental responsibilities under the new two-level local government model implemented in September to ensure issues regarding capital access and production sites are resolved efficiently. The maritime and fisheries sectors are undergoing a strategic transition toward a sustainable blue economy. Plans for 2026 to 2030 include reducing the fishing fleet by approximately 862 vessels to protect marine ecosystems, alongside the establishment of the Co To - Dao Tran marine protected area. To support this sector, Quang Ninh Port, a subsidiary of T&T Group, reported a 42% increase in after-tax profit for Q3 2026, reaching 36 billion VND. For the first nine months of 2026, the port recorded total net revenue of 640 billion VND, a 26% year-on-year increase. Environmental protection is also being formalized through Decision No. 98/2026/QD-UBND, effective November 1, 2026, which establishes 422 boundary markers to protect coastal corridors and mitigate erosion. Looking ahead to In early November 2026, ~~officials are scheduled~~ the province initiated several key administrative activities. Officials met to evaluate fourth-quarter economic growth scenarios, propose 2027 targets, and discuss the 2027 state budget estimate. Additionally, the ~~province will~~ first session of the City People's Council for the 2026-2031 tenure was scheduled for November 3. To commemorate the ~~coal industry with~~ mining sector, an exhibition ~~marking 90 years~~ titled “90 Years of ~~its formation~~ Formation and ~~development.~~ Development of the Quang Ninh Coal Industry” was set for November 6. Further structural changes include a new spatial development program designed to enhance connectivity through three development corridors, four socio-economic zones, and five dynamic centers.

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