According to the Hue City People’s Committee Office, November marked a remarkable surge in the city’s tourism sector. Visitor numbers rose by 5.6% compared to October and soared by 63% year-on-year.
Since the beginning of the year, Hue has welcomed over 5.8 million visitors, including 1.7 million international tourists. Photo: Ngọc Văn.
From January to November, Hue attracted more than 5.8 million visitors, with 1.7 million international tourists. Tourism revenue is estimated at 11.7 trillion VND, a 63% increase year-on-year, cementing its role as a key driver of the city’s economic growth.
The service and trade sectors maintained steady growth, with total retail sales and service revenue reaching nearly 60 trillion VND, up 14.8%. Export turnover for the 11-month period hit 1.342 billion USD, a 19.3% rise, while imports grew by 16.8% to 1.1 billion USD. Mobilized capital and credit balances increased, with bad debt controlled at 1.7%.
Total investment capital in the city exceeded 33.642 trillion VND, a 15.6% increase. Hue approved 44 new projects, including 10 FDI projects. New business registrations rose by 30%, with registered capital quadrupling year-on-year.
Budget revenue was another highlight, surpassing the annual target at 12.9 trillion VND. Public investment disbursement reached 63% of the Prime Minister’s plan, placing Hue among the top-performing localities nationwide.
Administrative reforms continued to show positive results, with Hue ranking 6th in the PCI index and 7th in PAR-INDEX. After five months of implementing the two-tier local government model, operations have been seamless and efficient.
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Striving for Disbursement to Fuel Growth
This morning, November 27th, Deputy Prime Minister Le Thanh Long chaired a meeting at the Government Office to discuss the disbursement of public investment capital for the Ministry of Health and the Ministry of Education and Training. The meeting also addressed An Giang province’s production and business activities, public investment capital disbursement, import-export, infrastructure development, social housing, national target programs, and the implementation of the two-tier local government system.
