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Quang Ninh economic development and growth targets

Updated 2 times since CLSTR started tracking revisions of this situation.

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2026-09-19 08:48 UTC → 2026-09-21 11:10 UTC · added removed

Quang Ninh province is pursuing continues to pursue aggressive economic growth targets through industrial expansion and specialized sector development. Initially, the The province set a GRDP growth target of 15.41% for the third quarter, aiming for 12.56% growth over the first nine months of the year. To reach these goals, authorities are implementing nine has historically focused on large-scale industrial park infrastructure projects covering more than 4,300 hectares, with significant registered investments totaling approximately 31,881 billion VND and 220.34 million USD. Major hubs include infrastructure, such as the Bac Tien Phong Industrial Park, which has attracted 38 secondary projects totaling roughly 3.1 billion USD, and the Song Khoai Industrial Park, hosting 25 FDI projects totaling nearly 3 billion USD. The VSIP Quang Ninh project is also advancing, focusing on seaport-related industries. In the marine sector, Dam Ha is emerging as a parks, alongside high-tech aquaculture hub. Viet Uc Quang Ninh Co., Ltd. operates and digital transformation in the maritime and electrical sectors. By the first nine months of 2026, the province’s economic landscape has been significantly shaped by a 38.5-hectare facility robust private sector. During this period, 2,700 new businesses and units were established, with a design capacity total registered capital of 4 33,186 billion whiteleg shrimp seeds per year, aiming to supply 1.4 VND. The private sector has emerged as a vital economic pillar, contributing 45,114 billion seeds VND to the budget—representing approximately 60.9% of total revenue—and employing over 70% of the local workforce. To sustain this momentum, provincial authorities are prioritizing administrative reforms, having successfully reduced processing times for business-related procedures by 2026. Additionally, Sea Gold Joint Stock Company is investing 38%. Efforts are also directed at resolving bottlenecks in modern processing facilities. To drive further growth, the province is leveraging science, technology, land use and planning. Furthermore, Quang Ninh has launched a long-term development strategy for the semiconductor industry spanning through 2030, with a vision toward 2050. A key component of this strategy involves developing a concentrated digital transformation. Industrial players like Cam Pha Electrical Equipment Joint Stock Company are adopting German and Swiss automation technology zone in Tuan Chau to produce attract high-tech products, such as 220kV digital transformers. Agriculture and maritime sectors are also integrating artificial intelligence, digital management, investment and modern operating systems to enhance productivity integrate the province into the global semiconductor and traceability. electronics value chain.

Versions

  1. 2026-09-21 11:10 UTC Quang Ninh economic development and growth targets
  2. 2026-09-19 08:48 UTC Quang Ninh economic development and growth targets
  3. 2026-09-15 07:35 UTC Quang Ninh economic development and growth targets

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