Efforts to achieve economic growth targets

ĐBP - In the first six months of 2025, the Điện Biên province’s Gross Regional Domestic Product (GRDP) reached nearly VND 7,982 billion, an increase of 5.11% compared to the same period last year. This growth rate is lower than both the annual target and the national average.

Faced with this challenge, in the remaining months of the year, local Party committees and authorities at all levels are determined to implement synchronous solutions for economic development. People and businesses are uniting to overcome difficulties, boost production and business activities, and strive to achieve the annual growth target of 10.5% or higher.

In 2025, the province is facing multiple difficulties: complex weather patterns and natural disasters, rising material prices affecting production, and delays in some projects that directly impact the province’s growth rate.

To meet the annual economic growth target of 10.5% or more, provincial departments and sectors need to proactively and flexibly implement strong solutions to remove bottlenecks and strive to achieve the planned growth scenario. The Provincial People’s Committee is focusing on reviewing and evaluating the results of the first half of the year as a basis for adjusting the growth scenario to suit the actual situation. The focus is on effectively exploiting the province’s potential and advantages, identifying key tasks, and choosing breakthrough areas to create momentum for growth in the final stretch of the year.

Public investment disbursement is considered a “lever” to stimulate growth. In the first half of the year, the disbursement rate of public investment capital is estimated at 42.84% of the planned capital, placing Điện Biên among 37 provinces, agencies, and units with a disbursement rate higher than the national average (32.06%). However, delays in some projects, lower-than-expected land revenue, slow implementation of non-budget projects, and investors not fulfilling commitments have affected disbursement progress.

Workers from the Mường Nhé Rubber Joint Stock Company tapping rubber latex.

In the second half of the year, Điện Biên aims to disburse 100% of the 2025 public investment capital plan. To meet this goal, the Provincial People’s Committee has requested localities to complete the handover of district-managed projects to the Provincial Project Management Board and Land Development Fund to ensure smooth implementation. At the same time, efforts are being made to resolve difficulties in legal procedures and site clearance, accelerate construction progress, and increase disbursement rates.

In the first half of 2025, agriculture, forestry, and fisheries production was implemented effectively, with increases in productivity, output, and value compared to the same period last year. The total value of these sectors reached more than VND 1,250 billion, up 1.71%. Agricultural restructuring progressed positively, particularly the shift in crop structure on upland fields. Many localities focused on planting high-value crops such as macadamia, coffee, and cinnamon instead of traditional crops. At the same time, organic-oriented OCOP product development and production-consumption linkages have been strengthened.

Mr. Lê Xuân Cảnh, Director of the Department of Agriculture and Environment, said that the sector will continue to strengthen disease prevention and control to ensure that key crops such as rice, macadamia, and coffee, as well as livestock products, achieve the best yields and quality. The department will also address site clearance issues in major projects to contribute to overall provincial growth.

Since the beginning of the year, the industrial sector has shown strong momentum. The industrial production index in the first six months is estimated to have increased by 11.32% over the same period last year, the highest growth rate among all sectors. Key industries such as manufacturing, agricultural product processing, and energy have maintained stable growth. Two new hydropower plants, Phi Lĩnh and Mường Mươn, with a combined additional capacity of 40MW, have been put into operation, bringing the total number of operating hydropower plants to 22 with an installed capacity of over 319MW. Renewable energy projects are also receiving attention, with approvals for research and surveys granted.

Mr. Vũ Hồng Sơn, Director of the Department of Industry and Trade, said that in the remaining months of the year, the province will continue reviewing, updating, and adjusting projects in the implementation plan for Power Development Plan VIII to align with the orientation for sustainable energy development. The industry will also accelerate ongoing hydropower projects, implement two planned wind power projects with a total expected capacity of 300 MW, and continue promoting industrial processing projects to increase industrial production value and contribute to overall growth.

Tourism and services remain important pillars, making significant contributions to the province’s economic growth. In the coming months, Điện Biên’s tourism sector expects a strong breakthrough thanks to its great development potential and major upcoming events such as the “Northwest Quintessence - Điện Biên 2025” Festival and the Northwest-Hồ Chí Minh City Tourism Promotion Conference. These are considered opportunities for Điện Biên to attract tourists, connect markets, and strengthen its brand as a distinctive Northwest destination.

Although challenges remain ahead, with determination, unity, and an innovative spirit, Điện Biên is striving to stay on track to achieve its annual GRDP growth target of 10.5% or more, as set out in its growth scenario.

Phạm Trung
Comment

You have 500/500 characters left

Please enter 5 or more characters!!!

Recent news

  • 'Restoring names, reuniting families

    Restoring names, reuniting families

    SOCIAL AFFAIRS -
    ĐBP - Although the war ended decades ago, countless families of fallen soldiers continue to wait quietly for the day their loved ones are found, identified by name, and brought home. From faded photographs and aging death notices to memories preserved across generations, that hope has never faded.
  • 'Preserving green of forests

    Preserving green of forests

    ECONOMY -
    ĐBP - Bordering areas with vast territories, rugged terrain, obstructed transportation, and impacts from agricultural production constantly pose latent risks of forest resource encroachment. Facing these demands, the forest protection forces of Điện Biên and Lai Châu provinces have intensified coordination in forest management, protection, and fire prevention and fighting (FPFF) - contributing to maintaining forested areas and limiting forestry law violations.
  • 'Family support on path to rehabilitation

    Family support on path to rehabilitation

    SOCIAL AFFAIRS -
    ĐBP - In prisoner education and rehabilitation work, the family always serves as a vital spiritual support, helping convicts recognize their mistakes and strive to amend themselves to reintegrate into society early.
  • 'Introducing new crops into production

    Introducing new crops into production

    ECONOMY -
    ĐBP - Expanding coffee and macadamia regions, pineapple fields developing toward commercial production, and experimental models of new crop varieties are painting fresh colors across Điện Biên’s agricultural landscape. The province focuses on developing strategic crops and bringing high-economic-value crop varieties into production - contributing to elevating land use efficiency and creating sustainable livelihoods for the public.
  • 'Driving green transition: Electric vehicles on rise in Điện Biên

    Driving green transition: Electric vehicles on rise in Điện Biên

    ECONOMY -
    ĐBP - Along with the growing transition toward green energy, the use of electric vehicles in Điện Biên is increasing steadily. From electric motorcycles and cars for daily travel to electric taxis for passenger transport, eco-friendly vehicles are becoming increasingly common on local roads, helping reduce emissions, lower operating costs, and gradually foster environmentally friendly transportation habits.
  • 'Expectations from specific policies for agricultural development

    Expectations from specific policies for agricultural development

    ECONOMY -
    ĐBP - Facing requirements for agricultural restructuring toward modernity, the Điện Biên provincial People’s Council passed a Resolution at its 4th session stipulating support policies for sector restructuring toward concentrated, green, smart, and sustainable commercial production.
  • 'Supporting youth union members in economic development

    Supporting youth union members in economic development

    SOCIAL AFFAIRS -
    ĐBP - Over recent years, Youth Union executive bodies across Điện Biên province have consistently accompanied youth union members by supporting preferential credit loans, transferring scientific and technical advances, providing career orientation and job placement services, and building economic models suited to each locality’s conditions. Through practical support policies, many youth union members have boldly started businesses and enriched themselves right on their home soil.
  • 'Removing barriers from backward customs

    Removing barriers from backward customs

    SOCIAL AFFAIRS -
    ĐBP - In several highland areas of Điện Biên province, backward customs persisting through generations continue to leave numerous consequences. Ranging from home births without healthcare worker assistance and sick children not being taken to medical facilities in time, to child marriage and consanguineous marriage, these backward customs directly affect health, population quality, and stand as barriers to the sustainable development of ethnic minority areas.
  • 'New-style rural area construction in new era

    New-style rural area construction in new era

    ECONOMY -
    ĐBP - Entering the 2026-2030 period, with numerous new features in the National Criteria for New-style rural area construction (NRC), Điện Biên province drafted and issued provincial-level criteria alongside preliminary resource calculations as a foundation for localities to materialize targets and execution roadmaps - generating momentum to continuously elevate NRC quality toward practical and sustainable outcomes.
  • 'Pride in the nation’s history

    Pride in the nation’s history

    NEWS - POLITICS -
    ĐBP - On the land that witnessed a victory that “resounded across the five continents and shook the world,” every step in the growth of Điện Biên’s young generation has been nurtured by a proud tradition of patriotism and revolution. The spirit of Điện Biên Phủ continues to inspire today’s youths, motivating them to cultivate aspirations, contribute to society, and help build an increasingly prosperous homeland.
  • 'Drastically conducting site clearance for key projects

    Drastically conducting site clearance for key projects

    ECONOMY -
    ĐBP - Site clearance stands as a key bottleneck determining the progress of investment projects. In Điện Biên, local authorities are mobilizing the entire political system, stepping up propaganda and mobilization, and building public consensus to hand over construction sites, thereby accelerating the progress of key projects and creating momentum for socio-economic development.
  • 'The commander building people’s heart posture at the Fatherland’s westernmost border - Part 1: From a soldier on the battlefield to a general

    The commander building people’s heart posture at the Fatherland’s westernmost border - Part 1: From a soldier on the battlefield to a general

    NEWS - POLITICS -
    ĐBP - Attached to the Northwest region for nearly half a century, Major General Lưu Trọng Lư, former Commander of the Điện Biên provincial Military Command, left a profound mark through his commander’s mettle, leader’s vision, and above all, the heart of a Party member who consistently places the people at the core.
  • 'Creating fresh momentum for Điện Biên tourism

    Creating fresh momentum for Điện Biên tourism

    TRAVEL -
    ĐBP - Possessing immense potential and advantages in tourism resources - especially historical, cultural, and natural values, along with ethnic identities - Điện Biên is focusing on diversifying tourism products, stepping up image promotion, and building and connecting domestic and international tours and routes.
  • 'Keeping children safe starting from every family

    Keeping children safe starting from every family

    SOCIAL AFFAIRS -
    ĐBP - An exceptionally serious drowning incident that occurred on July 10, 2026, in Nâm Nung commune, Lâm Đồng province, claiming lives of five 6th-grade students, serves as yet another stark warning regarding injury risks during the summer break.
  • 'Ensuring essential goods supply during rainy season

    Ensuring essential goods supply during rainy season

    ECONOMY -
    ĐBP - Every rainy and flood season, the risks of landslides, flash floods, and inundation pose significant challenges to the transportation and circulation of goods, particularly in highland communes across Điện Biên province, directly affecting people’s daily lives. Therefore, proactively stockpiling and ensuring the supply of essential goods has been implemented early by authorities at all levels, sectors, and businesses, helping meet residents’ consumption needs under all flood-related circumstances.
  • 'Điện Biên in new space

    Điện Biên in new space

    NEWS - POLITICS -
    ĐBP - Standing at the Điện Biên Phủ Victory Monument and looking down at the Mường Thanh basin, I always experience an indescribable feeling. The landscape before my eyes is both familiar and seemingly drifting very slowly at a different rhythm.