Page 22 - nien giam thong ke 2022

OVERVIEW ON SOCIO-ECONOMIC SITUATION

IN SOC TRANG IN 2022

Socio-economic activities in 2022 was performed in the context of
complicated and unpredictable developments of the global economy;

high inflation, low growth; political competition, armed conflict; natural
disasters, epidemic diseases, climate change, etc. increased risks to
financial and monetary markets, global energy and food security. In the
country, the higher input prices led to increase in production and
transportation costs, and put pressure on inflation control; new-

generation free trade agreements were being implemented.
The year 2022 was the second year of implementing the Resolution
of the XIV Soc Trang Provincial Party Congress, tenure 2020-2025; the

Provincial Party Committee focused on leading and directing the
implementation of the socio-economic recovery and development
programme after the COVID-19 pandemic, in the context of facing many
challenges due to fluctuations in fuel sources, and prolonged higher
prices, etc. However, with the drastic direction of the Provincial Party

Committee, the Provincial People’s Council, the Provincial People’s
Committee, and close coordination of all-level administrative authorities
and agencies, many solutions to comprehensive socio-economic
development in the province were issued and implemented.

1. Economic growth
The gross regional domestic product (GRDP) in 2022 at 2010

constant prices preliminarily was 38,526 billion VND, an increase of
7.77% compared to that in 2021. Of which, the agricultural, forestry and
fishery sector (sector I) reached 16,797 billion VND, rising 4.34%, and
contributing 1.95 percentage points to the overall growth; the industry
and construction sector (sector II) approximately achieved 6,300 billion

VND, going up 10.11%, and contributing 1.62 percentage points to the

22