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

  • 'Culture takes root in community life

    Culture takes root in community life

    CULTURE - TOURISM -
    ĐBP - Enhancing the cultural and spiritual life of residents is a key task in building cohesive, culturally rich communities. With that goal, the Department of Culture, Sports and Tourism of Điện Biên province has implemented a wide range of grassroots - focused activities, contributing to the preservation and promotion of traditional cultural values and fostering a healthy, sustainable cultural environment in every village and neighborhood.
  • 'Na Son arouses spirit of self-reliance and self-improvement

    Na Son arouses spirit of self-reliance and self-improvement

    NEWS - POLITICS -
    ĐBP - Na Son commune was established based on the merger of Na Son commune, Keo Lôm commune, and Điện Biên Đông town. After the merger, Na Son commune still faces many difficulties: An asynchronous infrastructure, a high poverty rate, and continuous natural disasters... But it is precisely in these hardships that the spirit of studying and following President Hồ Chí Minh’s ideology, ethics, and style has become a spiritual anchor, creating the strength of solidarity and the aspiration for change.
  • 'Điện Biên’s cultural heritage considered tourism potential

    Điện Biên’s cultural heritage considered tourism potential

    CULTURE - TOURISM -
    ĐBP - Exploiting the value of cultural heritage to achieve the goal of developing tourism into a key economic sector of the province. This is a goal that Điện Biên can fully achieve because the province possesses a rich and diverse system of tangible and intangible cultural heritage, along with the national historical relic complex of the Điện Biên Phủ battlefield.
  • 'A bridge to preserve cultural identities in Điện Biên

    A bridge to preserve cultural identities in Điện Biên

    CULTURE - TOURISM -
    ĐBP - Not only famous for the Điện Biên Phủ Victory of 1954, Điện Biên province also preserves a treasure trove of tangible, intangible cultural heritage, and majestic nature. In recent years, tourism has become an important bridge, helping to preserve and promote heritage values, while offering visitors opportunities to experience, maintain, and spread the unique cultural identities of the Fatherland’s Westernmost region.
  • 'Điện Biên urgently restores transport infrastructure after natural disasters

    Điện Biên urgently restores transport infrastructure after natural disasters

    SOCIAL AFFAIRS -
    ĐBP - In 2025, natural disasters in the Điện Biên province have been highly complex, especially heavy rains in late July and early August that triggered flash floods, landslides, and widespread erosion, severely damaging the transport system. Many key routes were cut off and paralyzed for days. After the floods, the province mobilized maximum resources and implemented coordinated urgent measures to restore infrastructure, ensuring smooth traffic flow to help localities quickly stabilize and guarantee residents’ safety.
  • 'Momentum from industrial promotion

    Momentum from industrial promotion

    BUSINESS -
    ĐBP - Industrial promotion capital supporting enterprises and cooperatives in the province serves as a driving force for these business units to boldly invest in applying advanced machinery and technology into their production processes. Through the industrial promotion program, Điện Biên province’s enterprises and rural industrial establishments have enhanced their production capacity, labor productivity, and product quality, increasing their competitiveness in the market, especially for small and micro-scale businesses.
  • 'Challenges in building new-style rural areas

    Challenges in building new-style rural areas

    BUSINESS -
    ĐBP - The arrangement of commune-level administrative units within the province has created new space and momentum for local development; however, the National Target Program on New-Style Rural Area construction has also brought about difficulties and challenges, demanding determination and effort from all levels of government.
  • 'Sowing love in “special” classrooms

    Sowing love in “special” classrooms

    SOCIAL AFFAIRS -
    ĐBP - Unlike their peers, children attending special education classes require more meticulous attention, support, and a long-term intervention process. Therefore, at the Điện Biên provincial Inclusion Education Support Center, the learning journey of these children is always connected with the perseverance, tenacity, and love of the teaching staff here.
  • 'Teaching in “multiple-lack” villages

    Teaching in “multiple-lack” villages

    SOCIAL AFFAIRS -
    ĐBP - On the remote, sparsely populated mountains of the highland region in Điện Biên province, where life still faces many hardships, the footsteps of boarding school teachers are relentlessly treading on slippery dirt roads.
  • 'Sports spirit takes root in local schools

    Sports spirit takes root in local schools

    SPORTS -
    ĐBP - In recent years, the movement to promote physical education and sports (PES) in schools across Điện Biên province has grown strongly. More than just a means of improving individual fitness, sports have become a cultural hallmark on school campuses, where teachers and students embrace a healthy, active lifestyle together.
  • 'Silent “ferrypersons”

    Silent “ferrypersons”

    SOCIAL AFFAIRS -
    ĐBP - While many schools are vibrant with flowers and words of gratitude for teachers, there are still those who silently sow literacy, receiving simple forest flowers in return. They are highland teachers, the “ferrypersons” who are not only steadfast in their profession but also persistent and loving, overcoming hardships of roads, weather, and living conditions... to light up dreams for students in the high mountains.
  • 'Effort and responsibility for grassroots-level administration

    Effort and responsibility for grassroots-level administration

    NEWS - POLITICS -
    ĐBP - In implementing the two-tier local government model, the Điện Biên provincial People’s Committee has recently deployed various solutions to enhance the professional capacity of state management at the grassroots level, notably by seconding public employees and civil servants from the provincial/department level to work in communes and wards.
  • 'Quài Tở restructures agriculture

    Quài Tở restructures agriculture

    BUSINESS -
    ĐBP - In an effort to enhance production value and create sustainable livelihoods for the people, Quài Tở commune is promoting agricultural restructuring towards commodity production, application of science and technology, and promotion of local advantages. Specialized cultivation zones are being formed, and effective economic models are spreading, opening a new direction for local agriculture.