The socio-economic situation of Hung Yen province in September and in nine months of 2020

From the beginning of the year up to now, the socio-economic development tasks of the whole country in general and Hung Yen province in particular are performed in the context of complicated developments of Covid-19, which has had a negative impact on economic development, causing the growth in most industries to slow down, even negative growth. In that context, the Provincial Party Committee, the Provincial People's Council and the Provincial People's Committee have led and directed to prioritize the effective implementation of measures to prevent and control Covid-19 epidemic "fighting the pandemic as if fighting an enemy” and perform "dual goals" as both preventing and combating against the epidemic and developing the local economic and social status. Along with the efforts of all people and businesses in the province, up to now, the epidemic situation in the province is strictly controlled, with no case of infection in the community, the economy of the locality has developed fairly and the society is stable. The socio-economic development of Hung Yen province in 9 months of 2020 is estimated to gain the following main results:

      1. The whole year's rice yield is 63.82 quintals / ha, of which: In winter-spring crop, it reaches 67.56 quintals / ha, in summer-autumn crop, it is estimated to reach at 60.0 quintals / ha;

      2. Livestock production reaches 97.6 thousand tons, equaling to 95.91% over the same period in 2019;

      3. The industrial production index increased by 7.05% (the whole year plan is 9.5%);

      4. Total development investment capital in the province reaches 26,696 billion VND, up 7.94% over the same period in 2019;

      5. The number of foreign investment projects with new registration is 18 projects, the registered capital is 57.75 million USD;

      6. Total retail sales of goods and services reach 31,110 billion VND, increased by 5.91%;

      7. Average CPI in 9 months increased by 4.82% over the same period in 2019;

      8. The State budget revenue attains 10,710 billion VND, reaching 72.05% of the plan; in which: domestic revenue is 8,160 billion VND, gaining 77.24% of the plan;

      9. The local budget expenditure reaches 9,253 billion VND, getting 89.97% of the plan; in which: recurrent expenditures are 4.951 billion VND, gaining 71.36% of the plan;

      10. Credit balance reaches 63,418 billion VND, seeing an increase of 3.53% as compared to December 31, 2019.

Source: thongkehungyen.gov.vn