Phu Tho Determined to Fulfill 2026 Industry and Trade Sector Growth Targets

On the morning of October 19, Comrade Phung Thi Kim Nga — Member of the Provincial Party Committee and Vice Chairwoman of the Provincial People’s Committee — chaired a conference to hear the Department of Industry and Trade and the Department of Finance report on the Q4/2026 Industry and Trade sector growth scenario and propose investment plans to complete technical infrastructure for Phu Thanh II Industrial Cluster, An Nghia commune. Attending the conference were leaders of the Provincial People’s Committee Office and relevant departments and sectors.

Vice Chairwoman of the Provincial People’s Committee Phung Thi Kim Nga delivering introductory remarks as conference chair.

During the first 9 months of 2026, the Industry and Trade sector achieved many positive results. Industry continued to serve as the primary growth engine of the economy. Industrial added value reached 154,650 billion VND, accounting for 44.78% of GRDP, an increase of 14.3%, and contributing 6.18 percentage points to the province’s overall growth rate of 10.01%.

Total retail sales of goods and consumer service revenue reached 129,401 billion VND, up 16.98%. Import-export turnover reached 116.68 billion USD. Commercial electricity consumption increased by 13.14%. Market management forces handled 754 violation cases, remitting over 4.3 billion VND to the state budget.

Leaders of the Department of Industry and Trade reporting the sector’s prominent results in the first 9 months of 2026.

Remaining steadfast in the 2026 GRDP growth target of 11%, in Q4/2026, the Industry and Trade sector projects and strives for industrial added value to increase by 20.2%. Among this, the processing and manufacturing sector is slated to increase by 22.9%; service sector added value to increase by 10.7%; total retail sales of goods and consumer service revenue striving to reach 45,000 billion VND; export turnover striving to hit 30 billion USD, and imports reaching 14.62 billion USD...

To fulfill set targets, the Industry and Trade sector is concentrating on 5 task and solution groups comprising: Maintaining industrial growth momentum and executing export plans; elevating year-end retail revenue and consumer services; guaranteeing electricity supply and resolving industrial cluster infrastructure bottlenecks; ensuring raw materials and production safety; and completing schemes and work programs for 2026.

Leaders of the Provincial People’s Committee Office offering feedback on key tasks for Q4/2026.

At the conference, delegates focused on discussing the feasibility of fulfilling Q4 growth indicators; solutions to maintain industrial and export growth momentum and recover manufacturing sectors; removing difficulties in site clearance, industrial cluster infrastructure, and power grids...

Delegates also analyzed bottlenecks in the service sector; proposing solutions to stimulate consumer demand and develop year-end tourism.

Delivering concluding remarks at the conference, Vice Chairwoman Phung Thi Kim Nga emphasized: Remaining steadfast in the 2026 GRDP growth target of 11%, relevant departments and sectors need to decisively deploy multiple solutions to achieve set goals.

Regarding Q4 key tasks and solutions, the Vice Chairwoman basically agreed with the 5 key task groups of the Department of Industry and Trade. She requested execution principles prioritizing tasks that can be handled immediately in Q4 to convert into output, revenue, and delivery schedules. Every obstacle must possess a designated focal point, timeframe, and specific resolution outcome. Execution work must ensure the “6 Clear Principles”: “Clear person, clear task, clear timeframe, clear responsibility, clear product, clear authority.” Concurrently, high coordination and determination are required from relevant departments, sectors, localities, and units.

The Vice Chairwoman assigned relevant departments, sectors, localities, and units, based on assigned functions and tasks, to proactively coordinate and deploy solutions to drive industrial and service growth. Remove difficulties and bottlenecks in constructing industrial cluster infrastructure, finalizing documentation to advise the establishment of industrial clusters in Q4. At the same time, assist enterprises in stabilizing production, guaranteeing power supply, and promptly resolving customs and tax procedures; stepping up consumer demand stimulation, tourism, and year-end services.

She assigned the Department of Industry and Trade to lead and coordinate with departments and sectors to review, unify figures, and perfect scenarios, particularly industrial production indices, commercial electricity consumption, retail revenue, import-export turnover, and assigned Q4 growth levels compared to 9-month results. Subsequently, update on a monthly basis.

Specifically for indicators at risk of falling short, specific solutions must be prepared, identifying responsible individuals; if exceeding authority, report immediately to the Provincial People’s Committee.

Leaders of the Industrial Promotion and Industry-Trade Development Consultancy Center reporting progress on Phu Thanh II Industrial Cluster, An Nghia commune.

Also during the working program, Vice Chairwoman Phung Thi Kim Nga and attending delegates heard and offered feedback on investment plans to complete technical infrastructure for Phu Thanh II Industrial Cluster, An Nghia commune.

Duc Anh