Dak Lak exploits potential, continues economic growth to reach over 8%

THANH QUỲNH |

Dak Lak - Dak Lak province sets a target of economic growth of over 8% for the whole year and is implementing many synchronous solutions to complete it.

An important transformation period

Dak Lak is entering an important transformation phase, with new development space combining rich forest resources and long coastlines.

The message "Right, clear, united to move forward" of General Secretary To Lam is like adding energy for Dak Lak to accelerate, complete socio-economic development targets and plans, ensure national defense and security of the province in the last 6 months of 2025.

Dak Lak province sets an economic growth target of 8% or more in 2025; in the last 6 months of the year alone, it strives to reach 8.64%.

Dak Lak hoi tu tiem nang ve bien va rung. Anh: Thanh Quynh
Dak Lak has potential for seas and forests. Photo: Thanh Quynh

The average value of the total product per capita by the end of 2025 will reach about 80 million VND/person.

Total export turnover in 2025 is estimated to reach more than 2.2 billion USD, an increase of 2.2% over the previous year; of which the last 6 months of the year reached 715 million USD.

Total state budget revenue in the area is estimated at VND16,310 billion, up 15% over 2024, of which the last 6 months of the year are estimated at VND7,592 billion.

Dak Lak co the manh ve nong nghiep che bien sau. Anh: Thanh Quynh
Dak Lak has strengths in deep processing agriculture. Photo: Thanh Quynh

Three key solutions need to be synchronous

To contribute to the implementation of the economic growth target of 8% in 2025, Mr. Do Thai Phong - Vice Chairman of the Dak Lak Provincial People's Council - said that the locality needs to implement synchronous solutions, with three main focuses that the entire political system must focus on implementing.

Firstly, the province needs to effectively implement the policies and resolutions of the Central, Provincial Party Committee and the Provincial Party Committee Standing Committee related to socio-economic development and ensuring national defense and security.

Second, Dak Lak needs to review, adjust and complete the new provincial planning in an open direction, not simply a combination between the two old provinces (Phu Yen and Dak Lak), in order to maximize the advantages of regional linkages and effectively exploit existing potential.

Third, it is necessary to exploit and maximize the potential and advantages of each region. The West of Dak Lak has strengths in agriculture, especially high-tech agriculture and deep processing of agricultural products.

Meanwhile, the East has advantages in marine economy, with the potential to attract large projects in Nam Phu Yen Economic Zone.

I hope that with such synchronous solutions, the socio-economic picture of Dak Lak province will have many improvements, and people's lives will be increasingly improved, Mr. Do Thai Phong emphasized.

In the first 6 months of 2025, Dak Lak's economy continued to maintain its growth momentum, with most of the targets achieving a good growth rate.

The economic growth rate is estimated at 7.14%. Total state budget revenue reached VND 8,718 billion, up 32% over the same period. Total export turnover is estimated at nearly 1.5 billion USD, reaching 66.4% of the annual plan.

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