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 Highlands province of Gia La🍎i strives to achieve sustainable economic growth in the 2016-2020 period with a Gross Regional Domestic Product (GRDP)꧒ 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.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
A farmer harvests coffee (Photo: VNA)
