Page 26 - nien giam thong ke 2023
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The  trade  and  service  activities  in  2023  in  the  province  were
                        relatively vibrant compared to that in 2022. In April and May, the Hung

                        Kings' Commemoration Day holidays on the 10th of the 3rd lunar month,
                        April 30 and May Day coincided with the weekend which was a quite
                        long holiday in combination with the Chol Chnam Thmay festival of the

                        Khmer  people,  so  the  demand  for  entertainment,  recreation  and  food
                        consumption increased. The Ooc Om Boc Festival - Soc Trang Ngo Boat

                        Race  in  2023,  had  activities  such  as:  trade  promotion  fair  for  OCOP
                        products  and  regional  specialties;  trade  conference,  connecting  supply

                        and demand of goods in Soc Trang province 2023; the 5th "Soc Trang
                        Flavor"  Street  Food  Festival;  art  photo  exhibition;  Khmer  Television

                        Singing Festival in the Southern region had a strong impact on economic
                        growth  in  sector  III.  Soc  Trang  province  continued  to  orient  the
                        development  of  commercial  service  space  associated  with  urban

                        development;  along  traffic  corridors;  developing  eco-tourism  services
                        mainly along riverside, coastal routes and in Cu Lao Dung area.


                             2. Economic structure

                             The  gross  regional  domestic  product  (GRDP)  in  2023  at  current

                        prices reached 72,093 billion VND, of which the Agriculture, Forestry
                        and Fishery sector was 29,972 billion VND, accounting for 41.58%; the

                        Industry  and  Construction  sector  reached  11,141  billion  VND,
                        accounting for 15.45%; the Services and products taxes less subsidies on
                        products  reached  28,711  billion  VND  and  2,269  billion  VND,

                        respectively,  with  the  corresponding  share  of  39.82%  and  3.15%.  The
                        economic  structure  had  shifted  in  a  positive  direction  with  a  slight

                        decrease in the proportion of the agriculture, forestry and fishery sector
                        and  products  taxes  less  subsidies  on  products  and  an  increase  in  the

                        proportion of the industry - construction and services sectors.



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