At the regular meeting of the Provincial People’s Committee (PPC) in February 2026 held on the morning of February 27, 2026, Director of the Department of Finance Trinh Thanh Hai said: In February, authorities at all levels and sectors focused on implementing the 2026 plan in accordance with the Government’s Resolution, the conclusions and directives of the Provincial Party Committee and the resolutions of the Provincial People’s Council; at the same time organizing activities to celebrate the Party and welcome the Binh Ngo Lunar New Year 2026. Overall, the socio-economic development, national defense and security situation in the province has basically remained stable and achieved fairly positive results.

Overview of the meeting

Chairman of the PPC Vo Trong Hai presides over the meeting

Director of the Department of Finance, Trinh Thanh Hai, reports on the socio-economic situation in February 2026 and the key tasks and solutions for March 2026

Regarding direction and administration, the PPC organized a Conference to implement tasks for 2026, in which 04 Directives of the Standing Committee of the Provincial Party Committee were disseminated and implemented. Issued Decision No. 182/QD-UBND on tasks and solutions for directing and administering the implementation of the 2026 socio-economic development plan and state budget estimates; at the same time developing a growth scenario for each quarter and establishing 05 task forces to direct and promote growth across sectors and fields.

Regarding economic development, agricultural, forestry and fishery production activities took place under fairly favorable weather conditions. As of February 20, 2026, the total Spring crop planting area of the province was estimated at 117,794 ha, reaching 90.36% of the plan; newly concentrated planted forest area reached 4,126 ha, achieving 19.65% of the annual plan; total aquatic production was estimated at 38,129 tons, up 3.21%.

Industrial production continued to maintain fairly strong growth momentum, with many factories maintaining operations throughout the Lunar New Year to ensure orders. The Index of Industrial Production (IIP) in February was estimated to increase by 11.42%; cumulatively in the first two months of the year it was estimated to increase by 16.29%, of which the processing and manufacturing industry increased by 16.29%. Many key industrial products recorded high growth compared to the same period, such as construction stone estimated to increase by 34.51%; packaging estimated to increase by 16.5%; cement estimated to increase by 11.71%; electricity production estimated to increase by 21.54%; commercial electricity estimated to increase by 22.86%...

Trade and service activities and market developments were basically stable; the supply of goods before, during and after the Lunar New Year was ensured, fully meeting the consumption demand of the people, with stable prices, especially for essential goods. Total retail sales of goods in February were estimated at 12,875 billion VND, up 22.98%; cumulatively in the first two months were estimated at 24,034 billion VND, up 15.68%; export turnover was estimated at 690 million USD, up 31.37%; total tourist arrivals were estimated at 1.61 million, up 7% compared to the same period in 2025.

State budget revenue in the first two months of the year was estimated at 5,578 billion VND, reaching 23.9% of the estimate, up 15.8% over the same period. Of which domestic revenue was estimated at 5,009 billion VND, up 8.6% (excluding revenue from land use fees and lottery revenue, domestic revenue increased by 25.5%; some revenues increased sharply such as revenue from FDI enterprises up 86.9%, revenue from the non-state sector up 28.2%, registration fee revenue up 102%); revenue from import-export activities was estimated at 482 billion VND, up 150.6% over the same period.

Investment attraction achieved very positive results. In the first two months of the year, the province newly licensed 10 projects and adjusted 26 project turns, with total newly registered and additional investment capital of 64,341.54 billion VND, 16.62 times higher than the same period. In particular, procedures were completed and the investment policy decision was approved for the Quynh Lap LNG thermal power plant project, which is the largest investment project ever in terms of capital scale.

Regarding the disbursement of public investment in 2026, the PPC has allocated and assigned in detail 8,784.811 billion VND, reaching 69.8% of the plan assigned by the Prime Minister from the beginning of the year; currently, 3,800 billion VND (accounting for 30.2% of the total plan) for the Vinh - Thanh Thuy expressway project is completing procedures in order to strive to assign the capital plan in March 2026.

Cultural and social sectors continued to be promoted. Sectors and authorities at all levels paid attention to caring for people’s lives, ensuring that all people welcomed the Lunar New Year safely, joyfully, healthily and economically. Successfully organized the program “Affectionate Bonds of the Lam River - Spring of the Year of the Horse 2026”, with total mobilized funds to support the poor reaching about 183.6 billion VND; social security policies, especially activities of gratitude, visits and encouragement for people with meritorious services, policy families, the elderly... were implemented fully and promptly.

State management, administrative reform and digital transformation continued to receive attention and direction. Departments, sectors and localities focused on innovation and improving the quality of direction, administration and implementation of administrative reform tasks in accordance with the 2026 administrative reform plan of the PPC. Organized the 3rd consultative conference to select the list of qualified candidates and reviewed dossiers of candidates for deputies to the 16th National Assembly and People’s Councils at all levels.

External affairs activities were actively implemented. The situation of national defense, security, social order and safety was maintained; security and safety before, during and after the Lunar New Year were ensured.

Kim Oanh