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Ha Tinh province should strive for self-financing: PM

Prime Minister Nguyen Xuan Phuc commended the central province of Ha Tinh for its good growth and high disbursement of public investment capital in the first half of the year, telling it to strive for self-financing.
Ha Tinh province should strive for self-financing: PM ảnh 1Prime Minister Nguyen Xuan Phuc (standing) speaks at the working session with Ha Tinh provincial Party Committee (Photo: VNA)

Ha Tinh (VNA) –
Prime Minister NguyenXuan Phuc commended the central province of Ha Tinh for its good growth andhigh disbursement of public investment capital in the first half of the year,telling it to strive for self-financing.

Addressing aworking session with the Ha Tinh provincial Party Committee on July 21, the PMhighlighted that the province has made a strong recovery after the marineenvironmental incident in 2016 which left serious impacts on the local economy.

In the firstsix months of 2018, the province – which is considered to be the mosteconomically potential in the north central region – recorded high growth ofabout 33 percent. 

The industry-construction sector rose by nearly96 percent, making up over 44 percent of the local economic structure.

The total budget collection topped 6 trillionVND (262.1 million USD), equivalent to around 70 percent of the estimate.

The industrial production index increased 170.9percent in comparison with the same period last year.

With the aforesaid outcomes, Ha Tinh is standingin a new position in the development map of Vietnam, PM Phuc said.

Apart from developing industry, the provincestill pays great attention to agro-forestry-fishery, which, he said, issuitable for a locality with a high rate of rural and mountainous areas.

The Government leader made several suggestionsfor the province to achieve breakthrough development in the coming time such asfocusing on three pillars of industry, agriculture and service.

The PM recommended speeding up urbanisation andshifting labour structure, noting that industrialisation should go withurbanisation, especially in coastal urban areas.

At the sametime, he reminded Ha Tinh to accelerate efforts to reduce poverty, implementmore effectively social welfare policies and improve access to education.

Besides facilitating the production of HungNghiep Formosa Ha Tinh Steel Company – which caused the marineenvironmental incident in four central provinces in 2016, Ha Tinh should keepstrict monitoring of the company’s operation to ensure no repetition of environmentpollution, including the treatment of ash discharged from steel production inFormosa.

After theworking session, PM Phuc and World Bank (WB)Country Director for Vietnam Ousmane Dione witnessed thesigning of a strategic cooperation framework between Ha Tinh and the World Bankin 2018-2022.

Under the framework, the two sides will worktoward sustainable and comprehensive growth, and increase information sharing,policy dialogues and technical assistance in priority fields includingagriculture and food safety, urban development and water resources, maritimestrategy, environmental protection and climate change, and industrialdevelopment.

They willalso work together to revise the province’s socio-economic development planthrough 2020 and overall planning scheme for 2021-2030 with a vision toward2050.

The WB has sofar provided Ha Tinh with more than 5.7 trillion VND (249 million USD) ingrants, aid and loans for upgrading infrastructure, improving the environmentand human resources, reform institutions and developing education and training.-VNA
VNA

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