6:19 PM, 30/08/2012

Yen Bai to become northern development center

VGP – The PM has just ratified adjustments to Yen Bai Province’s Socio-Economic Development Plan till 2020, which has set to become an industrial province and a development center of the north mountain region.

In the plan, Yen Bai Province aims to achieve a GDP growth rate of 13.5% in the phase from 2011-2015 and 14% in the phase from 2016-2020.

Income per capita is expected to reach more than VND 25 million by 2015 and VND 59 million by 2020. Export value will be US $100 million by 2015 and US $300 million by 2020.

Each year, the province will create jobs for 18,000 people and reduce the number of poor households by 4 percent.

Regarding industry, the province strives to increase industrial production growth rate to 21% in the phase from 2011-2015 and 16.7% in the phase from 2016-2020.

By Thuy Dung

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