Economic situations

     Being located in the Northern economic triangle (Hanoi-Haiphong-Quangninh), the province has abundant resources and has immense potential to develop the economy in every sector. The People's Committee of Quang Ninh Province in 2007 approved proposals for development plans up to 2020. Industrial development is taking place at a rapid pace. Mineral extraction industries are being developed. Special economic zones are being created and the plans envisage making the province a modern industrial province by 2015. The two economic development zones under development are the Mong Cai Border Gate Economic Zone and the Van Don Economic Zone.

    In 2010, Quang Ninh province is the provincial competitiveness index ranks seventh in Vietnam.
    In 2011, Quang Ninh ranked fifth in the country in state budget revenues (after Ho Chi Minh City, Hanoi, Ba Ria-Vung Tau and Hai Phong).

   Tourism is also a sector of economic development, which has been given priority.