Ninh Binh maintains growth in five months

Though facing numerous difficulties in the January-May period, key economic sectors of the northern province of Ninh Binh have still maintained stable growth. In particular, the tourism sector recorded great successes.

According to the provincial Statistics Office, the province's industrial production value in the first five months reached 39.72 trillion VND (1.56 billion USD), a year-on-year increase of 6.3%.

Mineral exploitation raked in 392.7 billion VND (up 19.7%); processing and manufacturing industry earned 38.79 trillion VND (up 5.7%); and electricity production and distribution contributed 458.9 billion VND (up 60.6%).

Some key industrial products saw high growth such as stones 1.7 metric meters (up 17.8%); pineapple juice 2.4 million litters (up 20.2%); footwear 25.6 million pairs (up 11.6%); ure fertilizer 200,000 tonnes (up 58.7%); NPK fertilizer 49,000 tonnes (up 51.2%).

However, some other industrial products witnessed declines such as canned pineapple 3,400 tonnes, down 2.5%; clothes 23.1 million pieces (down 1.2%); cement and clinker 2.6 million tonnes (down 4.5%); camera modules 73.9 million pieces (down 22.7%).

The total amount of disbursed investment in the reviewed period was estimated to reach 12.44 trillion VND, representing a year-on-year rise of 2.9%. Of which, state capital was over 2.35 trillion VND (up 4.2%); non-state capital was more than 9.03 trillion VND (down 3.5%); and foreign direct investment (FDI) capital reached 1.05 trillion VND, a 2.2-fold rise.

The total retail sales in the first five months hit over 33.03 trillion VND, a year-on-year increase of 26.9%.

Up to 11 out of 12 groups of commodities saw increases, namely foods up 33.8%; clothes up 37.2%; cultural and educational products up 39.8%.

In the January-May period, the number of tourists to local tourist destinations reached nearly 5.7 million, up 36.2% against the same period last year. The number included 5 million domestic travellers and 616,000 international guests, representing year-on-year rises of 36.2% and 3.1 folds, respectively.

The number of tourists staying overnight in the province reached 1 million, up 82.9%.

The tourism sector earned more than 5.33 trillion VND, up 55.5% compared to the same period last year. Of which, revenue of accommodation establishments was 382.2 billion VND, and revenue of restaurant services hit 2.62 trillion VND, rising 42.7% and 48.3%, respectively.