Investment News


SERVICE INDUSTRY WELCOMES NEW GROWTH MOMENTUM

30/06/2022

The recovery of the economy and the increase in people's shopping demand have created a strong momentum for the province's trade and services to accelerate after a long time affected by the Covid-19 epidemic. In particular, the service industry is assessed to have an impressive growth rate, the highest among economic sectors.

People shop at GO Supermarket! Ha Long (Ha Long City).

In the second quarter of 2022, most of the goods and service businesses in the province recorded growth again from the number of customers coming to visit and shop. At Supermarket GO! In Ha Long, especially during the holidays of Hung King's death anniversary, April 30, May 1 or weekends, people's purchasing power increased by 30-40% compared to the same period last year, focusing mainly on Ha Long Bay. mainly on a number of consumer goods, essential foods.

The fields of freight and passenger transport, import and export activities, and banking all grew well. In the first 5 months of this year, the volume of passengers transported was estimated at 58.3 million passengers, an increase of 16.1% over the same period in 2021. The volume of transported goods reached 49.4 million tons, an increase of 17, 8% over the same period in 2021. Along with that, the export turnover of enterprises in the area is estimated to reach over 1 billion USD, equaling 88.3% of the 6-month growth scenario, up 8.4% compared to the same period in 2021. same period in 2021. The Bank continues to implement solutions to support and remove difficulties for customers affected by the Covid-19 epidemic. Total mobilized capital of banks reached 172,500 billion dong; total outstanding loans reached 156,000 billion VND.

The most prominent bright spot in the service industry is the tourism sector. In May 2022, Quang Ninh province has well organized the events of the 31st SEA Games. Thereby, creating a highlight to attract international delegations and the attention of people and domestic tourists. Total tourists to Quang Ninh in May is estimated at 1.2 million arrivals, accumulated in 5 months is estimated at 4.2 million arrivals, reaching 91.3% of the growth scenario in the first 6 months of 2022, up 79% over the same period last year. in 2021. Total tourism revenue in May is estimated at 3,000 billion VND, accumulated in 5 months is estimated at 8,873.5 billion VND, equal to 108% of the 6-month growth scenario, up 86% over the same period in 2021. Famous tourist attractions such as Ha Long Bay, Quang Ninh Museum, Yen Tu Scenic Area continuously receive a record high number of visitors during holidays and weekends. Especially, entering the peak summer season, the number of visitors to resorts, attractions, islands and resorts at multi-service hotels is forecasted to continue to increase.

For the tourism industry, the Department of Tourism quickly implemented and effectively implemented the Open Door Program, strongly attracting tourists to Quang Ninh in 2022 with the slogan "Quang Ninh - a safe and friendly destination" , attractive - ready to welcome you back” in the summer. Along with that, assume the prime responsibility for, and coordinate with tourism businesses in, building programs to promote and promote Quang Ninh tourism in key markets, such as: India, Korea, Thailand...; prepare the contents to organize the General Assembly of EATOF 2022; actively associated with airlines, ships, leading international travel groups; creating the most favorable conditions for entry and exit, procedures related to epidemic prevention and control at destinations...