In 2023, the total value of industrial production - handicrafts and construction in the city is estimated to reach over 885,900 billion VND, of which industrial production managed by locality is estimated to reach over 8,045 billion VND, equal to 109,72% of plan. The value of the trade and service industry is estimated at 3,020 billion VND, equal to 100.2% of the plan. The production value of agriculture, forestry and fisheries is estimated at 2,266 billion VND, equal to 100.1% of the plan. Budget revenue is estimated at 2,764 billion VND, equal to 121.5% of the plan...

Regarding the tasks in 2024, Pho Yen City Party Executive Committee is determined to devote the highest efforts to lead and direct the government, agencies and units from city to grassroots, operate flexibly, creatively, effectively, and proactively adapt to the new situation; promote administrative reform; Resolve difficulties for businesses and people...

Thereby creating conditions to promote production and business development, stabilize people's lives, and gradually realize the goal of building Pho Yen become a class II urban area before 2025, basically meeting the criteria for a class I urban area before 2030.