Red River Delta expected to lead nation’s economy
The Red River Delta is expected to retain its position as the nation’s economic locomotive and largest growth engine.
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The Red River Delta consists of 11 cities and provinces, with Hanoi, Hai Phong, and Quang Ninh being the three main growth poles.
Politburo Resolution No 30 anticipates socio-economic breakthroughs for the region by 2030 with a vision to 2045.
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| Red River Delta is expected to lead the nation’s economy. |
The resolution envisages the northern critical economic region as the political, economic, cultural, educational, scientific and technological centre of the country. It outlines tasks such as accelerating financial restructuring, increasing workplace productivity, and boosting the leading role of Hanoi, Hai Phong, and Quang Ninh.
Regarding sea-based economic development, it is important to bolster infrastructure and logistics services at coastal industrial and economic parks and tourism centres.
Under the Resolution, the Government has formulated an action plan to ensure that the development goals of the Red River Delta region align with its strengths and potential. Targets include posting average annual growth of 9% in the gross regional domestic product (GRDP) in the 2021-2030 period.
(Source: Vietnamplus)
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