The province's change from industry

By NAM KHA |

(QNO) - After more than 20 years of industrialization, the economy of Quang Nam province has developed, changing the aspect of the province.

Chairman Thu (right) in an signing ceremony of secondary cities development project in Quang Nam
Chairman Thu (right) in an signing ceremony of secondary cities development project in Quang Nam.

A larger and larger number of goods including float glass, materials, auto equipment, electronic components and other new products are transported  via Quang Nam’s sea ports such as Tam Hiep, Ky Ha. Noticeably, 2016 was a record year of auto manufacture and assembly by Truong Hai Auto Corporation (THACO) with more than 94,000 units, a rise of 34.5% compared to 2015 and 116,300 ones sold. The total import turnover of the province was over 1.68 billion USD in 2016.

Dien Nam- Dien Ngoc Industrial Park with big investors, strong trade names such as VBL beer,  Rieker shoes, Inax, Uni - President, Midori Anzen also contributes to the eventfulness of the provincial industry and the changing of economic structure in Northern Quang Nam. Besides, other places in the province started to be eventful with many industrial investment projects.

Transporting goods via ports in Quang Nam province.
Transporting goods via ports in Quang Nam province.

Reported from the provincial Department of  Trade and Industry, the province’s GRDP (Gross Regional Domestic Product)  increased 14.73% in 2016. The budget revenue reached over 20,000 billion VND, bringing Quang Nam into the group of 15 provinces and cities nationwide regulating their budget to the Central Government from 2017 on. More than 200,000 labourers in the locality have been given employment opportunities. Above numbers confirm achievements of the provincial industry. According to Chairman of Quang Nam People’s Committee Dinh Van Thu, the most important duty of the industrial development is creating a skilled workforce and their stable incomes.

By NAM KHA