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Economy of Quang Ngai


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11,100t                  2.2              Duc Pho District

Coconuts          2700ha      13,726t                  1.31            Mo Duc District

Quảng Ngãi's fishing output as share of total national output is larger than its population share. It benefits from Ly Son Island. However, in contrast to the rest of the region, there is a lack of rich fishing grounds off the coast of Quảng Ngãi province.

Industry

Quảng Ngãi City is a secondary industrial center of the South Central Coast with processing of agricultural products and production of some paper and machinery. Other products include beer (38.3 million litres in 2007), textiles (5577 pieces), bricks (303 million), chemical fertilizer (24kt), and hand farming tools (352,000 pieces). Furniture is produced in Quảng Ngãi as a major export product, accounting for 11.475 million US$ in 2007.

Industrial GDP has more than tripled between 2000 and 2007, growing by an average yearly rate of 18.64%. This was the second highest growth rate in the South Central Coast after Bình Thuận Province. Industry has grown even faster since then, due in large part to the Dung Quat Economic Zone. The Dung Quat refinery, Vietnam's first oil refinery, started production in February 2009. In the same year, industrial gross output increased by 144.7% and the share of industry in the province's GDP surged from 36.2% in 2008 to 46.3% in 2009. This share is higher than that of other provinces in the region and even slightly higher than that of Đà Nẵng. The province's prospects for industry may also be changing outside Dung Quat Economic Zone. Vinatex bought Đại Cát Tường, a
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