Nghe An's industry and exports are experiencing positive growth.

Vibrant industrial, commercial, and export activities.

Speaking with reporters, Mr. Pham Van Hoa, Director of the Nghe An Department of Industry and Trade, shared his joy at the end of the year, as all three important indicators of the industry and trade sector exceeded the plan. These are: Industrial production value estimated at VND 113,027 billion, an increase of 16.38% compared to 2023; Total retail sales of goods estimated at VND 107,000 billion, an increase of 12.5% ​​compared to 2023, exceeding the plan by 15.05%; Export turnover in the province reached USD 3.7 billion, an increase of 28.38% compared to 2023, exceeding the 2024 plan by 23.33%.

Industrial production has seen positive changes, with some products making breakthroughs and contributing to socio-economic growth in the area, such as: The production of electronic components and automotive parts is estimated to double compared to the same period last year due to the stable production of electronic component manufacturing projects in the province, and the commencement of production by new projects (Luxshare ICT Vietnam Co., Ltd. expanding its production line, Goertek Electronic Components and Precision Equipment Factory starting trial operations...). Therefore, in 2024, the estimated production is 580 million products, a threefold increase compared to 2023, meeting the assigned plan.

Over the past year, the provincial Department of Industry and Trade has focused on restructuring the industrial sector and attracting investment in a more in-depth manner, shifting traditional products to high-tech products, contributing to the participation of Nghe An products in the global supply chain.

Supporting industries continue to develop, especially in the production of electronic components and automotive parts. The textile and footwear industries aim to invest in high value-added stages in the value chain and apply smart manufacturing technologies to production processes, becoming key export products.

Many businesses (domestic investors) have overcome difficulties to develop production and business, ranking among the top contributors to the province's budget, such as those in the milk, sugar, corrugated iron, steel, and beer industries.

Regarding export activities, the proportion of unprocessed raw materials decreased, while industrial and processed goods continued to increase. The number of businesses participating in exports is growing, with nearly 400 enterprises, including approximately 250 from Nghe An province. The export markets for Nghe An businesses have continuously expanded over the years. By 2024, businesses in the province had exported goods to 150 countries and territories, an increase of 26 markets compared to 2020.

In terms of commerce, the supply of goods is abundant, and essential items such as gasoline, food, etc., have stable prices, meeting market demand.

Implement a comprehensive set of state management solutions.

2024 is identified as a pivotal year, of particular importance in successfully implementing, accelerating, and striving to achieve the goals of the 2021-2025 five-year socio-economic development plan and the resolutions of the Party Congress at all levels.

In the face of numerous difficulties, the Nghe An Department of Industry and Trade has actively and proactively coordinated closely with relevant departments, agencies, and localities to implement comprehensive and effective solutions to overcome difficulties and support businesses in restoring and developing production and business; promoting foreign economic activities, trade promotion, and connecting supply and demand for goods; effectively exploiting various forms of trade and markets, diversifying products and supply chains, promoting exports, and making important and positive contributions to the province's economic development.

Clarifying the achievements, Mr. Pham Van Hoa, Director of the Department of Industry and Trade, stated: Closely adhering to the tasks and targets set forth in the Resolutions of the Party Congress at all levels; the Resolutions, programs, and plans of the Government, the Ministry of Industry and Trade, and the Provincial People's Council and People's Committee on the main tasks and solutions for implementing the socio-economic development plan and the state budget estimate for 2023, the Department of Industry and Trade has developed 10 key plans and tasks, assigning specific responsibilities to the Department's leadership (Decision No. 13/QD-SCT.KHTCTH dated January 18, 2024) to ensure democracy, proactiveness, flexibility, creativity, and responsibility in directing and managing the implementation of assigned tasks.

In its role as an assistant to the Provincial Industrial Growth Steering Committee, and in directing the development of key industrial products according to growth scenarios, the Department of Industry and Trade coordinates with other departments, agencies, district-level People's Committees, and businesses and investors to identify and resolve difficulties and obstacles, and simultaneously reports to the Provincial People's Committee for further guidance and resolution.

Also during the past year, the industry actively implemented key power grid projects on schedule, such as the 500kV circuit 3 transmission line. At the same time, it actively prepared to attract investment for the Quỳnh Lập LNG gas-fired power plant project with a capacity of 1,500 Mbps and a total investment of over 2 billion USD. The industry also effectively implemented policies supporting industrial development, industrial promotion, supporting industries; supporting industrial cluster infrastructure; and supporting e-commerce.

Inspection, control, and market stabilization; consumer protection; implementation of the "Vietnamese people prioritize using Vietnamese goods" campaign, linked with the development of the domestic market and trade promotion activities; business networking; product consumption support; application of commerce; development of the digital economy and e-commerce... continue to receive strong attention. Actively coordinating with Vietnamese trade offices abroad, the Trade Promotion Department - Ministry of Industry and Trade regularly provides information on market and product conditions, thereby connecting and supporting the search for domestic product markets and expanding and promoting export markets.

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In 2025, Nghe An's Department of Industry and Trade aims for an industrial production value of VND 130,600 billion, a 15.55% increase compared to 2024; total retail sales of goods to reach VND 120,000 billion, a 12.1% increase; and total export turnover to reach USD 4,500 million, a 21.62% increase, achieving the targets set in the Nghe An Province Export Development Plan for the period 2021-2025.

To achieve the set goals, the Industry and Trade sector continues to mobilize resources to implement the industrial and trade development tasks assigned in the 5-year socio-economic development plan for the period 2021-2025. Focus is placed on implementing the Nghe An Provincial Planning for the period 2021-2030, with a vision to 2050; the Power Development Plan VIII; the Plan for implementing Power Development Plan VIII; and the Action Program to implement Resolution 39-NQ/TW dated July 18, 2023, of the Politburo on building and developing Nghe An province until 2030, with a vision to 2045…