Khanh Hoa’s economic growth rate in the first quarter of 2024 is still among the top in the country. This is a bright spot, creating momentum for the province’s development in the following months of 2024. To achieve that result, there is a great contribution from the Khanh Hoa banking industry.
Maintain positive economic growth
In the first quarter of 2024, the province’s socio-economic situation continues to achieve many positive results, contributing to gradually completing the socio-economic goals of 2024. Economic indicators all increase. compared to the same period last year.
| Khanh Hoa Provincial People’s Committee directed the effective implementation of the administrative reform program; Focus on removing difficulties and obstacles for people and businesses |
In particular, the total product in Khanh Hoa province (GRDP) increased by 12.4%, ranking 4th in the country (after Bac Giang provinces increased by 14.18%; Tra Vinh increased by 13.93% and Thanh Hoa increased by 13%. ,15%); Industrial production index increased by 36.97%; Total retail sales of goods and consumer service revenue reached 30,203.6 billion VND, an increase of 17%; Goods export turnover reached 505.2 million USD, an increase of 17.4%.
In particular, tourism revenue reached 11,608.8 billion VND, an increase of 159.2% with 1.25 million international visitors, an increase of 5.2 times. State budget revenue reached 4,636.4 billion VND, reaching 27.8% of the estimate and increasing 12.9% over the same period last year. Total investment capital for social development in the area is more than 14,878.7 billion VND, an increase of 12.5% over the same period last year.
In order for the local economy and society to continue to maintain stable growth, Khanh Hoa Provincial People’s Committee directs departments, branches and localities to continue effectively implementing approved plans. Accelerate the progress of preparation and ensure completion of approval of urban plans and zoning plans in the second quarter of 2024; Closely coordinate with the Central Government to speed up the appraisal of the Provincial Land Use Plan for the period 2021 – 2025 to have a complete basis and submit it to the Prime Minister for approval. Urgently promulgate a Plan to concretize the Urban Development Program of Khanh Hoa province to 2030, with a vision to 2045.
In addition, the People’s Committee of Khanh Hoa province requires departments, branches and localities to effectively and substantially restructure the economy associated with innovating the growth model, improving competitiveness, rapid development, lasting; Effectively deploying the Night Economy Development Project in Khanh Hoa province.
At the same time, Khanh Hoa Provincial People’s Committee directed the effective implementation of the administrative reform program; Focus on removing difficulties and obstacles for people and businesses to promote strong development of production and business activities; Improve the provincial competitiveness index.
Strong support from the bank
The above results are due to the great efforts of the banking sector of Khanh Hoa province. The determination of the local banking system has made an important contribution to the local socio-economic development in recent times.
According to Mr. Do Trong Thao, acting Director of the State Bank of Khanh Hoa province branch, the efforts and determination of the Khanh Hoa Banking industry along with the close coordination of departments, branches, branches, People’s Committees at all levels, and organizations Unions and associations have helped Khanh Hoa Banking industry fulfill its tasks well.
In particular, Khanh Hoa Banking industry promptly implements policies on currency, credit, banking operations, supporting local economic recovery and development; Effectively deploying policies to remove difficulties for customers such as restructuring debt repayment terms, waiving and reducing loan interest rates, and providing new loans with preferential interest rates to support the recovery and development of production and business on the market. locality…
| Credit institutions in Khanh Hoa province actively support solving difficulties and creating conditions for people and businesses to access loans. |
At the same time, credit institutions proactively balance loan capital sources, promptly meeting capital needs for local socio-economic development; continue to promote administrative reform, implement economic programs well, strive to maintain stable interest rates, and create favorable conditions for customers to access bank credit capital.
Along with that, the branch directed credit institutions in the area to continue implementing the Bank-Enterprise connection program in the form of direct dialogue between banks and customers to grasp difficulties and problems related to banking. Accessing bank loans to promptly handle and resolve…
Regarding the field of agriculture, forestry and fishery, Mr. Thao said that the State Bank of Khanh Hoa branch has just issued a document directing commercial bank branches in the area to continue implementing credit programs for the field of forestry and fishery products for until loan sales nationwide reach 30,000 billion VND.
Currently, the area is implementing a pilot project to develop high-tech marine farming. In order to enhance access to credit and promptly meet the capital needs of fishermen, businesses participate in converting traditional cage farming models to high-tech marine farming models (HDPE cages and other technologies). , commercial bank branches in the area actively approach and grant credit packages of 30,000 billion VND to fishermen and businesses on the basis of appraisal and assessment of the feasibility of plans and projects.
In the coming time, the State Bank Khanh Hoa branch will continue to coordinate with the Department of Agriculture and Rural Development to update and supplement the list of fishermen and businesses participating in the project that need loans to send to the branches. Commercial banks access and grant credit.
At the same time, the State Bank of Khanh Hoa branch regularly urges and directs credit institutions to proactively approach, connect, and remove difficulties for people and businesses. In particular, continue to direct credit institutions to promote the implementation of administrative reform solutions, simplify loan procedures, remove difficulties in credit relationships with customers, balance capital sources, and create favorable conditions for Enterprises can access bank credit capital but still ensure loan safety…
