To 2020, the economic growth of thai nguyen province is 10 – 11%/year

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the economic growth

To build Thai Nguyen province into a modernity-oriented industrial province and an industrial and education and training service development hub of the northern midland and mountainous region with a modem economic structure…on February 27, 2015, the Prime Minister signed the Decision No. 260/QD-TTg approving the master plan on socio-economic development of Thai Nguyen province through 2020, with a vision toward 2030.

Basing on the viewpoint that socio-economic development will be mainly based on internal resources associated with external resources, bringing into play comparative advantages, Socio-economic development will be mainly based on internal resources associated with external resources, bringing into play comparative advantages, to prioritize the attraction of investment projects to develop spearhead industries and industrial products using state-of-the-art technologies, hi-tech products and intensive processing such as information technology, electronics industry, supporting industry, mechanical engineering, mining and mineral processing industry in association with new material production, forest and clean farm produce processing industry and environment-friendly production, to complete the construction of the Thai Nguyen-Bac Kan expressway section; to upgrade and expand National Highway 3; to complete the upgrade of National Highways IB and 37 up to grade-IV and grade-III delta road standards; to invest in building a 32-km section of the Ho Chi Minh Highway running through Thai Nguyen province

Economic objectives is planned that the average economic growth rate will reach 10-11%/year; the average per-capita gross domestic product (GDP) (according to real prices) will reach VND 80-81 million (or USD 3,100); the rate of trained laborers will reach 70% (including 43% of vocationally trained laborers); to generate 20,000-22,000jobs per year; the urban unemployment rate will drop to 3.7%; and reduce the poverty rate by 1.8-2%/year, 80% of communes will meet national standards for healthcare…

This Decision takes effect on the signing date.