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Dak Nong economy and good signs for the 8.11% target

Việt NamViệt Nam01/05/2025


Many bright spots

In the first months of the year, despite many difficulties, Dak Nong's economic indicators were still quite good . Thanks to that, GRDP growth in the first quarter was high.

In the first quarter of 2025, Dak Nong's GRDP growth reached 7.7%, exceeding the plan by 0.25% and increasing by 1.93% over the same period in 2024. With this result, Dak Nong's GRDP ranked second in the Central Highlands region, after Kon Tum.

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Prices of Dak Nong agricultural products increase, promoting the development of agricultural value

In the first months of the year, many sectors contributing to GRDP had good growth.

In the agricultural sector, the output and quality of agricultural products increased. The scale of livestock increased steadily. The prices of agricultural products increased, contributing to promoting the value of the agricultural sector.

The industrial and construction sectors also achieved remarkable figures. In the first quarter of 2025 alone, the industrial production index increased by 5.89% over the same period in 2024. Dak Nong's public investment disbursement reached 192/4,041.4 billion VND, reaching 4.76%.

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Contractor speeds up construction progress of Dak Nong Provincial General Hospital Upgrade Project

According to the Department of Finance, the disbursement rate of the whole province reached 9.16%, higher than the national average. With this result, Dak Nong ranked 34th out of 63 provinces and cities nationwide. This is the number for Dak Nong to strive for more in the coming time.

In particular, the budget revenue in the first quarter of 2025 reached a very impressive figure. By March 31, the state budget revenue was VND 1,471 billion, reaching 52% of the central budget estimate, 42% of the local budget estimate, an increase of 37% compared to the same period last year.

Acting Director of the Department of Finance Tran Dinh Ninh said that in the first months of the year, Dak Nong's growth was quite stable. In the near future, many large projects will start construction and come into operation. These are expected to be bright spots for the province's GRDP to continue to accelerate.

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MB Bank signed a loan arrangement contract for Dak Nong Aluminum Electrolysis Plant

In the immediate future, on April 28, 2025, Dak Nong will start construction of Component 2 of the Gia Nghia - Chon Thanh Expressway Project. The project will start construction and the capital will be disbursed in 2025.

For the Gia Nghia Central Square Project, there are already filling materials. The contractor will now accelerate construction and gradually complete the project. This will increase the rate of public investment disbursement, contributing to GRDP growth.

In April 2025, Dak Nong Aluminum Electrolysis Plant began transporting and installing machinery and equipment to prepare for operation. This sector will contribute to increasing local budget revenue.

Provincial Party Secretary, Head of the Provincial National Assembly Delegation Ngo Thanh Danh on a field trip to Dak Nong 2 cluster on February 27.
Secretary of the Provincial Party Committee, Head of the National Assembly Delegation of Dak Nong Province Ngo Thanh Danh visited the Dak Nong 2 bauxite cluster, Quang Son commune, Dak Glong district on February 27, 2025.

“In addition, the province is urgently completing all documents and procedures to grant investment policies for bauxite mining and processing projects. If everything goes well, the province's investment attraction sector will have a new step forward, contributing to the local socio-economic development,” Mr. Ninh informed.

In the first quarter of 2025, Dak Nong's economic growth reached 7.7%, an increase of 0.25% compared to the first quarter plan, an increase of 1.93% compared to the same period in 2024. State budget revenue was 1,471 billion VND, reaching 52% of the central estimate, 42% of the local estimate, an increase of 37% compared to the same period last year. The general rate of asphalting and hardening reached 72%/74%; the urbanization rate reached 26.2%/27%; the rate of households using electricity reached 99%.

Focus on many key areas

In 2025, Dak Nong sets a growth target of 8.11%. To achieve this target, the province needs to focus on many drastic solutions. In the immediate future, disbursement of public investment capital must be accelerated.

According to the Department of Finance, the province's investment disbursement currently ranks 34th out of 63 provinces and cities. Although the figure is quite good, the amount of undisbursed capital in 2025 is still very large.

Meanwhile, the weather in the Central Highlands is entering the rainy season. Therefore, everyone must work together to complete everything, so that when the weather is favorable, we can speed up progress, especially on key projects.

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Director of Dak Nong Department of Construction Phan Nhat Thanh inspects and urges disbursement progress of projects in Dak R'lap district

Regarding investment capital disbursement, at the Conference to assess the socio-economic situation in the first quarter of 2023 on April 3, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee Ho Van Muoi emphasized that currently, there are basically no more problems with the mechanism.

Therefore, the Provincial People's Committee requests localities and investors to review, if not, they will be at fault with the people. As for individuals who have the idea of ​​waiting for the merger to cause work to stagnate and be interrupted, that locality or organization will take full responsibility.

“The Department of Home Affairs and related departments and sectors monitor the working attitude of cadres, civil servants and public employees. If anyone has a lazy or negligent mindset, they must be corrected immediately. Whatever position we have left, we will fulfill our responsibilities for that day,” Chairman of the Provincial People’s Committee Ho Van Muoi directed.

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Deputy Secretary of the Provincial Party Committee, Chairman of Dak Nong Provincial People's Committee Ho Van Muoi visits the Gia Nghia City Central Square Project

The Chairman of Dak Nong Provincial People's Committee emphasized that the Gia Nghia - Chon Thanh Expressway Project is ready, making efforts and striving to start construction as soon as possible. Regarding key projects, investors should promote their responsibilities to speed up progress.

The Department of Finance reviews and synthesizes to have a plan to transfer capital and accelerate disbursement. Where our authority is, we must do it. More than ever, at this time, we must share together, share responsibility, and work will flow.

Along with public investment disbursement, localities focus on exploiting the potential to increase budget revenue. Relevant units actively support and accelerate the issuance of investment policies for enterprises, especially for investors in the field of bauxite mining and processing. Because high budget revenue contributes to the growth of the province's GRDP.

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Tax officials of Tax Department of Region XIV support tax procedures for Dak Nong residents

Regarding the socio-economic development of the province, at the second Executive Committee meeting, term 2020 - 2025 of the Dak Nong Provincial Party Committee, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, Secretary of the Party Committee Ho Van Muoi emphasized that the socio-economic situation in the first quarter of Dak Nong has many bright spots. In the coming time, we will do well from the cadres, Party building to socio-economic development of the province.

Regarding the merger issue, Dak Nong believes in the policies of the Party and the State. Party committees and organizations at all levels encourage cadres, civil servants and public employees to improve their sense of responsibility and complete their work well.

Regarding socio-economic development, we focus on important tasks such as: disbursing public investment capital, collecting state budget, accelerating the progress of key projects, and attracting investment. By the end of 2025, Dak Nong strives to achieve GRDP growth of 8.11%.



Source: https://baodaknong.vn/kinh-te-dak-nong-va-tin-hieu-vui-cho-muc-tieu-8-11-251197.html

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