The Standing Committee of the Nghe An Provincial Party Committee recently held its regular September 2025 meeting. This marks the first session of the XX term for the 2025-2030 tenure.
According to Nghe An’s report, the Gross Regional Domestic Product (GRDP) growth rate for Q3 is estimated at 8.62%. Over the first nine months, the cumulative growth is approximately 8.61%, ranking 11th among 34 provinces and cities and 2nd in the North Central region. This surpasses the 8.49% growth of the same period in 2024, nearing the lower threshold of the 9-month growth scenario of 8.95%.
Notably, the industrial and construction sectors maintained robust growth, reaching 13.73% in nine months, with the industrial sector alone growing by 15.15%. The service sector remained stable at 7.63%, while retail sales and service revenue exceeded 130.36 trillion VND, up 15.07%. Merchandise export turnover surpassed 3 billion USD, a 40% increase year-on-year.
Nghe An is solidifying its position as a prime destination for domestic and international investors.
Nine-month budget revenue exceeded 20 trillion VND, achieving 113% of the Provincial People’s Council’s target and a 30% increase year-on-year. Local budget expenditures reached over 35 trillion VND, hitting 83.5% of the estimate.
As of September 30, public investment disbursement for 2025 totaled over 4.62 trillion VND, reaching 45.27% of the annual plan and 50.9% of the assigned plan.
In investment attraction, the province approved 55 new projects and adjusted 147 existing ones, with total registered capital exceeding 33.8 trillion VND, including nearly 870 million USD in FDI.
Significant progress was made in culture, education, and healthcare. Disaster response and recovery efforts were swift, with organizations and individuals demonstrating solidarity in supporting affected communities.
Nghe An Provincial Party Secretary Nguyen Duc Trung.
Party Secretary Nguyen Duc Trung highlighted that despite challenges—resource shortages and successive natural disasters—the province achieved positive outcomes. These include GRDP growth, budget revenue, investment attraction, and advancements in culture, society, and security.
While growth fell short of the Provincial People’s Council’s target, it approached the government’s goal. Budget revenue exceeded the estimate by 13%, and investment neared 1 billion USD. Additionally, Nghe An successfully piloted a two-tier local governance model.
Secretary Trung urged the province to maximize efforts to meet 2025 growth targets, particularly in sectors with untapped potential. He emphasized efficient budget management, aiming for 26 trillion VND in revenue, and prioritizing disaster recovery funding.
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