Tra Vinh Rides Development Wave

15:36 | 10/10/2011 Economy- Society

(VEN) - In March 2011, Prime Minister Nguyen Tan Dung ratified an overall plan for socioeconomic development in Tra Vinh Province to 2020. Under the plan, Tra Vinh will develop into a sea-based economic development center with coordinated infrastructure and developed tourism and ocean shipping services in the Mekong Delta. Tra Vinh Province People's Committee chairman Tran Khieu told Vietnam Economic News' Truong Vu about the province's development targets for the coming time.

Could you tell us about the province’s economic development achievements and orientations?

From 2006-2010, Tra Vinh reached a gross domestic product (GDP) growth of 11.64 percent, while investment capital in the province totaled VND25.55 trillion, per capita income came to almost VND15 million (US$783.5) per year and the rate of poor households was 16.4 percent. Fishery and agriculture remained strengths of the province. Tra Vinh continued prioritizing cooperation in the development of rice and paddy rice production and export, seed distribution and biotechnology transfer to further agriculture and fishery. The province was highly interested in developing industries in which it had raw material and workforce-related advantages and for which it had a high demand, such as food and cattle feed processing, craft village development, textile and garment, supermarket construction, workforce training and development and construction of infrastructure in the Dinh An Economic Zone and Cau Quan, Co Chien and Long Duc industrial zones.

In March 2011, Prime Minister Nguyen Tan Dung ratified an overall plan for socioeconomic development in Tra Vinh Province to 2020. Under this plan, Tra Vinh will develop into a sea-based economic development center with coordinated infrastructure and developed tourism and ocean shipping services in the Mekong Delta.

Under the plan, Tra Vinh will be no longer a less developed province in 2015 and become a fairly developed province in the Mekong Delta by 2020. A sea-based economy will be strongly developed and considered an important factor for transforming the provincial economic structure toward industry and services.

We target an annual GDP growth of 14 percent for the period from 2011-2015 and 15 percent for the period from 2016-2020, and an export revenue of US$300 million in 2015 and US$600 million in 2020. We will be developing our own major exports.

 How does Tra Vinh make use of its advantages and potentials to promote its socioeconomic development?

Tra Vinh continues transforming its economic structure, solving problems and promoting commodity-oriented agricultural, fishery and industrial production. It encourages production of high quality, competitive products. The province is strengthening trade promotion for expanding export markets while further improving efficiency of state-owned businesses that have been restructured and paving the way for small to medium-sized enterprises to develop production and trading activities.

We attach much importance to bettering public relations and well apply state policies to attract foreign direct investment (FDI) while mobilizing and properly managing and using official development assistance (ODA) and non-governmental organization (NGO) capital. We make use of the Government's assistance to construct important economic and technical infrastructure projects to better satisfy development demands in the region. The province is speeding up the Duyen Hai Power Center project and a project preparing a channel to receive large tonnage ships to the Hau River to early put these projects into operation. Education and training quality improvement, human resources development, science and technology application in socioeconomic development, administrative reform promotion and bettering the implementation of the one-door policy are something that Tra Vinh is doing.

 What Tra Vinh needs to do right now to fulfill its 2011-2015 targets?

Accelerating modernization and industrialization, approaching rapid, sustainable growth and no longer being a less developed province are the province's major targets for the period from 2011-2015. Something that Tra Vinh needs to do right now to reach its targets include: to standardize state officers to satisfy renovation demands; to improve worker's quality (skills) and quantity to meet industrialization and modernization demands; and to promote comprehensive, consistent administrative reform. We will be simplifying administrative procedures, abolishing unnecessary formalities and giving more power to authorities of lower levels to create favorable conditions for investors and businesses from different economic sectors to do a good job implementing their projects in the province./.

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