According to the provincial People’s Committee, in the first six months of 2024, the total state budget revenue in the province topped 25.089 trillion VND (1 billion USD), equal to 76.4% of the estimate assigned by the provincial People's Council.

Workers at Canon Electronics Factory in Pho Noi A Industrial Park in the northern province of Hung Yen. (Photo: VNA)

Its gross regional domestic product (GRDP) rose by 6.81% year-on-year, making Hung Yen rank 24th out of 63 localities nationwide and 8th out of 11 localities in the Red River Delta.

Regarding the province’s economic structure, industry and construction now account for 64.13%; trade and services 28.05%; agriculture and fishery 7.82%.

In the first half of this year, total social development investment capital in Hung Yen reached more than 31.87 trillion, accounting for 45.5% of the target, up 11.45% compared to 2023.In 2024, the province is assigned public investment capital of over 19.9 trillion VND. The province has allocated 14.4 trillion VND so far, and over 4 trillion VND was disbursed as of July 24.

The province’s digital transformation has been accelerated, with 100% of state administrative agencies at the provincial, district and communal levels effectively using the internal network (LAN) system and connected to broadband Internet and the specialised data transmission network for Party and State agencies.