On July 1st, 2025, at the regular meeting for June 2025, the Director of the Nghe An Department of Finance, Trinh Thanh Hai, shared that the province’s socio-economic situation in the first six months of 2025 continued to show positive results. However, there are still challenges ahead, and authorities must closely monitor the growth scenario to achieve the annual targets.
Specifically, according to the Nghe An Department of Finance, the growth rate of regional gross domestic product (GRDP) in the first quarter of 2025 reached 8%, ranking 5th out of 14 provinces and cities in the North Central and Central Coastal regions and 27th in the country. This marks the highest increase in the past five years. The estimated growth rate for the second quarter of 2025 is 10.25%, bringing the six-month GRDP growth rate to 9.25%.
Agriculture remains a crucial pillar of the local economy. The total cultivated area for the winter-spring crop in Nghe An reached over 181,000 hectares, equivalent to 98.43% of the same period last year; the estimated food production reached over 633,000 tons. The total number of livestock and poultry increased, with a significant rise of 7.84% in poultry. Timely disease prevention and control measures contributed to improving the quality of livestock breeding.
Industry maintained its recovery momentum, with a 14.67% increase in the industry production index in the first six months of 2025 compared to the same period in 2024. Meanwhile, the tourism sector made significant strides, attracting 6.2 million visitors and generating an estimated revenue of VND 18,839 billion, a 13% increase compared to the same period in 2025, significantly contributing to the growth of the service sector.
In terms of budget revenue, in the first six months of 2025, the total estimated revenue reached VND 13,159 billion, fulfilling 74.2% of the estimate and representing a 108.5% increase compared to the same period in 2024. Local budget expenditure was estimated at VND 26,568 billion, accounting for 63.3% of the estimate.
Investment activities continued to thrive. As of June 20, 2025, 32 projects were granted new investment registration certificates or certificates of investment policy decisions, with a total registered capital of over VND 6,634 billion. Capital adjustments were made for 25 projects, resulting in an additional capital of nearly VND 9,818 billion. The total newly registered and additional capital reached over VND 16,453 billion, equivalent to 97.2% of the same period last year.
The number of newly established enterprises in Nghe An province surged with 1,528 businesses, a 44.56% increase, and a total registered capital of over VND 12,526 billion. Public investment disbursement also achieved positive results. As of June 20, 2025, the province disbursed more than VND 3,632 billion, equivalent to 36.31% of the annual plan and 40.06% of the allocated capital. Among this, the disbursement of capital managed by the province exceeded VND 1,420 billion.
Despite the positive results in various sectors, the People’s Committee of Nghe An province noted that the growth rate in the first six months of 2025 has not yet met the set scenario, putting pressure on achieving the annual growth target of 10.5%.
Some business production and operation activities of enterprises still face difficulties. Many key projects are delayed due to site clearance issues. Some large-scale projects facing challenges include the improvement and upgrade of National Highway 7 and National Highway 46 in the Vinh – Nam Dan section; the coastal road route; the Ban Mong reservoir (phase 1); the DT.532 route from Km0 – Km28; and industrial parks such as VSIP 1, VSIP 2, WHA 1, and Hoang Mai II…
Mr. Le Hong Vinh, Chairman of the People’s Committee of Nghe An province, requested that departments, branches, and localities seriously review the assigned targets, tasks, and solutions; closely follow the growth scenario for flexible and effective management; and vigorously implement key policies to promptly remove difficulties for businesses, thereby promoting production and investment.
The working groups must focus on reviewing areas with potential for growth. Emphasis was placed on regular dialogue with businesses and people to promptly address any difficulties arising at the grassroots level.
The People’s Committee also directed the departments to accelerate the progress of public investment disbursement and the National Target Programs for 2025. The Department of Finance was assigned to advise on strengthening on-site inspections of large projects and categorizing projects to direct and adjust capital plans promptly.
The Department of Construction and the Department of Agriculture and Rural Development of Nghe An were instructed to focus on accelerating key infrastructure projects, such as the coastal road route, the Ban Mong reservoir, and resettlement areas for the North-South high-speed railway project passing through the locality.
Alongside economic management, Nghe An is also actively preparing for the reorganization of the two-level government apparatus, ensuring no disruption to investment, development, and capital disbursement activities.
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