Nghe An Industry and Trade Sector "scores" in its role as a driving force for development

Nghe An Industry and Trade is "scoring" with many remarkable achievements, contributing significantly to creating momentum for local economic development. In particular, in the 2021-2025 period, despite many difficulties, promoting the achievements of the previous period, Nghe An Industry and Trade has closely followed the goals of the Resolution of the Party Congresses at all levels to well perform the assigned political tasks.

Industry and trade breakthrough

During the past term, the effectiveness and efficiency of State management in the field of industry and trade have been improved.

Regarding industrial production, despite many difficulties, the value of industrial production increased rapidly from 65,226 billion VND in 2020 to an estimated 118,170 billion VND by 2025; The average growth rate of production value in the 5-year period 2021-2025 is estimated at 13%.

Recently, the General Statistics Office, Ministry of Finance has just announced that Nghe An's industrial production index (IIP) in the first 7 months of 2025 increased by 15.77% over the same period last year, ranking 6th out of 34 provinces and cities nationwide. This growth is the result of many key industrial products achieving high output.

Produced at Song Hieu Forestry Company Limited. Photo: TH

The structure of GRDP within the industrial sector has shifted positively, increasing the proportion of industries with high added value and large export turnover, and reducing the proportion of mining industry.

The industrial development space has been planned and formed more and more appropriately, shifting the development direction to focus on economic zones and industrial parks, industrial clusters. The infrastructure of economic zones and industrial parks has been invested quite synchronously, creating a favorable environment to attract investors. The results of investment attraction have achieved positive results, attracting large domestic and foreign investors to invest in construction and business, creating a decisive driving force for the socio-economic development of the province such as: VSIP, WHA, Hoang Thinh Dat, Luxshare, Goertek, Juteng, Everwin, TH Group, Hoa Sen, The Vissai, Masan , ...

Graphics: Huu Quan

Small-scale industrial production and rural occupations are encouraged to develop; up to now, the whole province has 189 craft villages, effectively exploiting the potential and advantages of local raw materials, creating many jobs for rural workers. Supporting industries have been initially formed; a system of mechanisms and policies has been focused on creating conditions to encourage and promote the development of industry and small-scale industry such as: Industrial promotion policy; supporting industry development policy; investment support policy to build technical infrastructure for industrial clusters, etc.

State management in the energy sector is focused, in which, focusing on advising on the development of the power supply network plan under the Provincial Planning to fully meet the list of 110kV transformer stations to ensure power supply to industrial parks, key projects, building grid structures to ensure connection plans; closely following the Ministry of Industry and Trade in the process of establishing and implementing the VIII Power Plan, the VIII Power Plan Implementation Plan, and the adjusted VIII Power Plan. In particular, currently, the Department of Industry and Trade is coordinating with the Department of Finance to carry out procedures for approving investment in the Quynh Lap LNG Thermal Power Plant Project, with a capacity of 1,500MW...

Trade activities have developed rapidly with the participation of many economic sectors, and export markets have been continuously expanded over the years. By 2024, enterprises in the province had exported goods to 150 countries and territories, an increase of 26 markets compared to 2020. Import and export in the province have grown remarkably, of which export turnover increased from 2,428 million USD (in 2021), in 2025 it is estimated to reach 4,500 million USD, exceeding 155% of the congress resolution target; the average growth rate in the period 2021-2025 is estimated at 24.4%/year.

The structure of export goods has changed positively, the proportion of raw and unprocessed goods has decreased, the proportion of industrial and processed goods has continued to increase.

Abundant seafood, stable prices. Photo: Thu Huyen

Total retail sales of goods increased from 60,455 billion VND in 2021, and are expected to reach 125,000 in 2025, reaching 12.79% of the target of the Congress Resolution 10.85%. Modern commercial and service business methods are increasingly developing, the commodity market is rich and diverse. Commercial infrastructure is gradually being completed, especially the network of traditional markets, the system of convenience stores, e-commerce is developing strongly, Nghe An e-commerce ranking index has been in the top of the country for many consecutive years and is at the top of the North Central region... contributing to promoting the consumption of local products and goods and serving the needs of consumers.

Development orientation and vision

The results are marked by many large-scale industrial projects, modern technology invested and put into operation; FDI attraction is among the top in the country. FDI capital is the driving force for growth, helping to change the structure and industries of the local industry; From here, Nghe An is expected to become the leading high-tech production - export center in the North Central region and the national industrial map.

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Nghe An Industry and Trade is striving to complete all assigned tasks, is the driving force for local socio-economic development, and contributes significantly to the whole province in successfully implementing the assigned tasks. In recent times, Nghe An Industry and Trade has achieved many important achievements in the fields of industry, trade and international economic integration.

Mr. Pham Van Hoa - Director of Department of Industry and Trade

Mr. Pham Van Hoa - Director of the Department of Industry and Trade inspected Ban Ve Hydropower Plant during the flood caused by the circulation of storm No. 3. Photo: Tien Hung

In the coming time, Nghe An Industry and Trade will continue to focus on developing industry in a modern direction, prioritizing the development of a number of key industries, new technologies, and high technologies. Especially industries that have the ability to participate deeply in the global supply chain and value chain, creating high added value, having a spillover effect on other economic sectors such as electronics industry, information technology, digital technology industry, processing and manufacturing industry, automobile manufacturing and assembly industry; production of new materials; supporting industries.

In addition, develop some basic industries such as energy, chemicals, and construction materials production using new technology. Develop some labor-intensive industries. Rationally allocate industrial space in association with economic corridors, form industrial production areas, focusing on the expanded Southeast Economic Zone; attract foreign investment, high-tech projects, and invest in human resource development to meet the needs of the labor market.

FDI capital flows are the driving force for growth, helping to change the structure and industries of the locality. In the photo: VSIP Nghe An Industrial Park is one of the key projects in the North Central region. Photo: TH

Regarding trade, develop in a diversified, modern and sustainable direction towards innovation, creativity and digitalization, technology-based business methods; promote the development of e-commerce; effectively support businesses and entities participating in the production and supply chain of goods. Develop logistics services to become a key service industry, meeting the needs of production and business development.

It can be affirmed that over the years, Nghe An Industry and Trade sector has "scored" with many remarkable achievements, contributing significantly to the driving force of local economic development. With available potentials, along with the right policies and efforts of the entire political system, the Industry and Trade sector continues to affirm its role as an important driving force to promote economic growth...

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Source: https://baonghean.vn/nganh-cong-thuong-nghe-an-ghi-diem-trong-vai-tro-dong-luc-phat-trien-10305590.html