The Fulbright School of Public Policy and Management (FSPPM) recently completed a study proposing economic development strategies for Hau Giang province from now until 2030 with a vision to 2050. The findings of the study will serve as outputs for the provincial government to draft up the socioeconomic development plan for the next 10 years and prepare for the province’s integrated planning in the 2021-2030 period.
The FSPPM research team led by Dr. Vu Thanh Tu Anh, FSPPM conducted the study in May 2021 and submitted the final report in late August 2021. The study analyzes the socioeconomic situation of Hau Giang province in the general context of the Mekong Delta, Vietnam and the world, positions the province’s competitiveness and evaluates the competitiveness of three key industries: processing and manufacturing, high-tech agriculture and logistics. Subsequently, the study puts forward a series of recommendations on the province’s economic development goals for the 2021-2030 period with a vision to 2050, accompanied by development strategies and priority solutions in the 2021-2030 period.
The research team used tools to analyze and compile statistical documents, secondary data and in-depth studies on the natural, geographical, cultural and economic conditions of the Mekong Delta in general and Hau Giang province in particular. They also paid field study trips to hi-tech agricultural zones, industrial zones, big waterways and roads and businesses in the province and conducted in-depth interviews and surveys among local departments, agencies and businesses on the current economic situation and growth bottlenecks that the province is facing. Due to the development of Covid-19, the meeting with the provincial People’s Committee and the Party’s Committee to discuss the key findings of the study and the proposals on the province’s economic development strategies was held online in July 2021.
The project suggests specific development goals in each period, including the targets of building sustainable foundations for economic growth in the 2021-2025 period, turning Hau Giang into a fairly industrialized province in the 2025-2030 period and turning the province into an industrial manufacturing and logistics hub of the Mekong Delta by 2050, raising its status with an average GRDP of US$13,000/capita.
The project also proposes overall strategies for Hau Giang Province to reverse its downturn trend and specific strategies for four areas: industrial development, agricultural and rural development, key industry clusters and urban development.