More aid pledged to Dak Lak’s economic development

Representatives from foreign enterprises and organisations have committed to providing more ODA and non-governmental aid for the Central Highlands province of Dak Lak in the time ahead.
More aid pledged to Dak Lak’s economic development ảnh 1Illustrative image (Source: Internet)

Dak Lak (VNA) – Representatives from foreign enterprises and organisations have committed to providing more official development assistance (ODA) and non-governmental aid for the Central Highlands province of Dak Lak in the time ahead.

Addressing a conference in the locality on June 9, they promised to help Dak Lak deal with natural disasters and resume production, promote investment in the sectors of the province’s strength.

Foreign firms said they continue exploring investment opportunities in agriculture, infrastructure development, electricity, energy, education and health care in Dak Lak.

Vice Chairman of the provincial People’s Committee Y Dham Enuol appreciated non-governmental organisations (NGOs) and businesses for their recent assistance, and affirmed to facilitate businesses’ operations.

As many as 92 projects valued at 500 million USD, mostly ODA and foreign direct investment ones, are being implemented in Dak Lak, mainly in infrastructure development, agriculture, education, irrigation, environmental protection, and agro-forestry-fishery processing.

Dak Lak has so far received 99 aid packages worth 21.6 million USD from NGOs in the fields of health care, education, agriculture and community support, with many of them proving effective, helping improve living conditions for the locals.

The province is calling for ODA in environmental protection, irrigation and transport infrastructure, education, sustainable development support, and climate change adaptation.

It expects to attract FDI projects in agro-forestry-fishery development, bio-technology application, expansion of large-scale specialised cultivation areas, and tourism.-VNA

VNA

See more

Deputy Minister of Industry and Trade Nguyen Hoang Long said Vietnam supports ASEAN's stance in developing comprehensive, flexible, and practical strategic approach to strengthen intra-bloc economic autonomy. (Photo: Ministry of Industry and Trade)

Vietnam backs ASEAN’s strategic approach to economic resilience, partnership

Vietnam vows continued close coordination with ASEAN and partner countries to identify cooperation opportunities in potential areas of mutual interest, including effectively leveraging the ASEAN-China Free Trade Agreement (ACFTA 3.0) and the Regional Comprehensive Economic Partnership (RCEP) to address current challenges and work towards a transparent, stable, and fair international trade environment.

The Sun PhuQuoc Airways (SPA) project is expected to bolster Phu Quoc’s tourism. (Photo: VNA)

Investment plan for Sun PhuQuoc Airways approved

Sun PhuQuoc Airways is scheduled to commence operations in the fourth quarter of 2025, with initial routes linking Phu Quoc to prominent economic and tourism centres in Vietnam and abroad.

A view of the conference. (Photo: VNA)

Banks need to promote data analysis to minimise financial crime

The SBV has also recently issued Decision No. 67/QD-NHNN on a digital transformation project aimed at deploying core utilities for the development of the banking sector, ensuring connection with Project 06. Under the project, the SBV requires financial institutions to use the national database on population, identification and electronic authentication for banking activities, thereby supporting digital transformation and enhancing the effectiveness of crime prevention.

Prime Minister Pham Minh Chinh orders preparation to break ground on the Lao Cai – Hanoi – Hai Phong railway line on December 19. (Photo: VNA_

PM sets December 19 launch date for Lao Cai – Hanoi – Hai Phong railway

To meet the December 19 groundbreaking target for the Lao Cai – Hanoi – Hai Phong line at five designated sites, he tasked the Ministry of Construction with drafting a detailed critical path timeline. Meanwhile, Deputy Prime Minister Tran Hong Ha was assigned to oversee execution and inter-ministerial coordination.

A representative of the Ha Nam People’s Committee presents a souvenir to a visiting delegation from the Department of Industry and Tourism of Nagahama city in Shiga prefecture of Japan. (Photo: VNA)

Ha Nam highly evaluates investment capacity of Japanese businesses

Reaffirming Japan’s role as a strategic investor, a local official noted that Japan is currently the second-largest foreign investor in Ha Nam, with over 100 projects in diverse sectors such as mechanical engineering, automobile and motorcycle production, and electronics.

MoIT Minister Nguyen Hong Dien, who is also head of the Government negotiation team, chairs a meeting with team members and representatives from relevant agencies before the first negotiation round. (Photo: moit.gov.vn)

Vietnam, US hold second round of trade negotiations

The two sides exchanged views in an open, straightforward, and constructive manner on the issues of mutual interest, working to clarify the draft agreement's wording and providing information on current policies of each side to lay the groundwork for further steps.

Prime Minister Pham Minh Chinh chairs an online national conference on boosting public investment as a key driver of economic growth in 2025. (Photo: VNA)

PM urges accelerated disbursement of public investment

While chairing an online national conference on boosting public investment as a key driver of economic growth in 2025 on May 20, PM Chinh stressed the need to revitalise traditional growth engines - investment, consumption, and exports, while accelerating new drivers such as science and technology, innovation, digital transformation, circular economy, and knowledge economy.