The Central Highlands province of Gia Lai strives to achieve sustainable economic growth in the 2016-2020 period with a Gross Regional Domestic Product (GRDP) growth rate of 7.5 percent in 2016.
Gia Lai (VNA) – The Central Highlaﷺnds province of Gia Lai strives to achieve sustainable economic growth in the 2016-2020 period with a Gross Regional⛄ Domestic Product (GRDP) growth rate of 7.5 percent in 2016.
To realise the objectives, Gia Lai will continue economic restructuring in combination with changing growth model with the aim to improve quality, efficiency and competitiveness.
The province will also implement agricultural restructuring polices in line with the building of new-style rural areas, focusing on efficiently shifting crop structure and gradually forming large-scale fields.
Over the past five years, the province has attracted as many as 64 investment projects with total registered capital of 15.6 trillion VND (678 million USD), of which, 34 projects have been put into operation.
Especially, the 2nd conference on investment promotion held in Gia Lai has created opportunities for the province’s sustainable economic development, with the State’s investment in upgrading Ho Chi Minh Road, National Roads 19 and 25 and Pleiku airport’s runway.
The province has developed areas specialising in industrial crops with 38,000 hectares of sugarcane, 100,000 hectares of rubber, 79,000 hectares of coffee, and 13,600 hectares of pepper.
Gia Lai has also encouraged concentrated livestock products processing, with a 6.3 trillion VND (273 million USD) cow breeding project operated by the Gia Lai Livestock JSC and a Nutrifood factory producing about 110 million litres of milk per year.
Gia Lai has effectively carried out the national target programme on new-style rural area building.-VNA
The Prime Minister has approved the addition of a 95 MW biomass power plant project in the Central Highlands province of Gia Lai to the Vietnam national power development plan from 2011-2020.
The Government will invest around 109.7 trillion VND (4.8 billion USD) into transport infrastructure in the Central Highlands from now to 2020, according to the region’s steering committee.
All 17 districts and towns in the Central Highlands province of Gia Lai have met target of universal preschool education for five-year-old children, said the Ministry of Education and Training.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
A farmer harvests coffee (Photo: VNA)
