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Bac Giang leads economic growth in 2024

Updated: 16:05, 03/12/2024

BAC GIANG - According to data recently released by the General Statistics Office, Bac Giang province continues to lead economic growth in 2024. 

Specifically, the provincial economic growth reached 13.85%, ranking first in the country, followed by Thanh Hoa province (12.16%); Hai Phong city (11.01%); Ha Nam province (10.93%) and Lai Chau province (10.52%).

Many enterprises with a large industrial proportion have expanded production and business, contributing to the economic growth of the province.

In 2024, although agricultural production was heavily affected by unfavorable weather such as lychee crop failure and storm No. 3 (Yagi), the industrial and construction sector had high growth, estimated to increase by 17.75% for the whole year, contributing 12.79 percentage points to the overall growth rate.

Particularly, the industry increased 19.87%, continuing to be the province's key economic sector, contributing 13.06 percentage points to the overall growth.

The enterprises with a large industrial proportion such as Hosiden Vietnam Co., Ltd.; Fuyu Precision Technology Co., Ltd.; Hana Micron Vina Co., Ltd.... have high growth rates, recruit more workers, produce electronic products with an index of more than 50% compared to the previous year.

Thanks to that, it has made a great contribution, creating the main driving force for local economic growth.

Thus, since 2022 to present, Bac Giang province has maintained top position in economic growth for 3 consecutive years.

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