The People's Council of Cao Bang province has just opened the 34th Session, 17th tenure, 2021 - 2026 on the morning of July 8.
This is the regular meeting of the first half of the year after the two-level local government officially operates from July 1, 2025. The content of the session focused on assessing the socio-economic development situation in the first 6 months of the year and proposing tasks and solutions for the last 6 months of the year.
According to the report of the Provincial People's Committee, in the first 6 months of 2025, the province's socio-economic situation continued to maintain stability and growth. GRDP increased by 6.56%; import-export turnover increased sharply by 42.7%, reaching more than 80% of the annual plan; total state budget revenue exceeded the central budget estimate by 16.5% and increased by 78% over the same period last year.
The trade, service and tourism sectors recovered positively; the program "Eliminate temporary and dilapidated houses" reached nearly half of the plan.
In 2025, the total public investment capital to be disbursed by Cao Bang province will be over VND 5,000 billion, including the capital in 2024 extended to 2025 of over VND 898 billion; the public investment capital plan for 2025 is over VND 4,000 billion, of which the State budget capital is allocated by the Prime Minister is VND 4,391 billion, the provincial capital is allocated additional VND 95 billion, the district-level capital is allocated additional VND 109 billion.
By the end of June 2025, public investment capital has been allocated by the People's Committee of Cao Bang province, assigned to investors to achieve 100% of the plan. The disbursement result reached over VND 2,000 billion, reaching 40.7% of the plan, higher than the national average.
Of which, the disbursement of the capital plan for 2024 extended the implementation period and disbursed to 2025 was more than 356 billion VND, reaching 39.7% of the plan.
This is a big step forward that the locality has achieved, previously in the first quarter of 2025, the locality had only disbursed VND 234.409 billion in public investment capital, reaching 5.1% of the plan.
However, according to the assessment, the disbursement of public investment capital in 2025 of Cao Bang province is still lower than the minimum of 50% of the capital plan as required in Directive No. 07/CT-UBND dated April 11, 2025 of the Chairman of the Provincial People's Committee.
At the recent regular online meeting in June 2025, Chairman of the People's Committee of Cao Bang province Le Hai Hoa emphasized that in the context of many difficulties and challenges, in the first 6 months of the year, the province's socio-economic situation has had many positive and positive developments, many targets achieved and exceeded, belonging to the group of 7 provinces nationwide with a growth rate of 6%.
However, in the coming time, Cao Bang will continue to maximize resources and sense of responsibility of all levels and sectors, review and evaluate synchronously and comprehensively in all fields, ensuring the completion of the growth target of 8%.
Departments, branches and localities continue to speed up the disbursement of public investment capital, striving to reach at least 95% of the 2025 plan; investors need to improve capacity, focus on reviewing and resolutely handling weak units; assign responsibility for site clearance for projects to communes and wards; focus on removing obstacles in administrative procedures and contents beyond their authority that need to be promptly reported to the Provincial People's Committee for resolution.
