PM advises Dak Nong to focus on agriculture, tourism, mining

Prime Minister Nguyen Xuan Phuc has advised the Central Highlands province of Dak Nong to capitalize on its strengths in agriculture, tourism, and mining for its future overall development.

  • Vietnam receives new forms of foreign investment
  • Vietnam remains as an attractive investment destination in 2019
  • EVN Southern Power Corp increases investment in key provinces
pm advises dak nong to focus on agriculture, tourism, mining hinh 0
Prime Minister Nguyen Xuan Phuc addresses the conference (Photo: VNA)

The PM attended an investment promotion conference in Dak Nong on January 14 during his working visit to the locality. 

The conference brought together nearly 1,000 ministry and sector insiders, provincial officials, and delegates representing local and foreign enterprises. 

Dak Nong lies in the southwest exit of the Central Highlands, linking with Ho Chi Minh City and the southeastern region via highway 14, and Lam Dong and central coastal provinces via highway 28. It shares a borderline of 13 km and two border-gates with Cambodia.

It has over 120,000 ha grown with coffee, 32,900 ha with pepper plants, over 2,600 ha with avocado, and over 7,000 ha with sweet potato.

The province has two operating industrial zones covering a total land of 327.5 ha, and the over 800-ha Nhan Co 2 industrial zone which is being planned.

It has adopted policies for hi-tech agriculture and aluminum processing industry, and completed a dossier on Dak Nong geopark for submission to UNESCO’s recognition as a global geopark. 

In 2018, Dak Nong posted a GRDP growth rate of 8.21 percent with average income per capita reaching 45.24 million VND, and collected over 2.3 trillion VND for the State budget.

With such advantageous strengths and potential, Dak Nong wishes to draw more big economic groups to invest in the locality.

PM Phuc said Dak Nong should increase the growing of avocado, pepper, coffee, passion fruit, and macca trees given its 650,000 ha of fertile land. Investors need to work together with local people to promote the development of hi-tech and organic agriculture to raise the added value of products.

For tourism, the province should tap tangible and intangible heritages of over 40 ethnic groups residing there and mild weather, he said.

Mining, especially the production of bauxite, which has reserves of billions of tonnes, should be the other way for the locality’s development, he added, showing his delight at the initial success of the bauxite production project in Nhan Co. 

“To become rich and strong, Dak Nong needs to make the best use of its potential and strengths and have a bold mindset in investment,” he stressed.

The province should speed up administrative reform and train professional staffers to assist investors, he said, suggesting the locality using advantages in the business environment to make up for disadvantages in infrastructure.

The leader reminded the local authorities of developing trade, improving the quality of human resources, especially the public workforce helping them to have better management, and promoting the growth of private businesses.

He asked the province to well manage immigration and unregistered workers along with protecting the environment and connecting with other regions for mutual development.

“The Government is committed to creating all favourable conditions to develop infrastructure in Dak Nong and other localities ridden by difficulties. The Government will provide all possible conditions for investors to help them feel secured doing their business in localities,” the PM said.

At the conference, Dak Nong’s authorities handed over investment certificates worth nearly 2.7 trillion VND, and signed investment commitments with big economic groups with pledged investment capital nearing 48 trillion VND.

VNA

Other News

A view of a container port in Singapore. (File photo: Xinhua/VNA)

Vietnam-Singapore trade cooperation gains fresh momentum

Analysts noted that Vietnam-Singapore ties are increasingly moving beyond traditional goods trade towards green growth, innovation and high-quality supply chains, laying a stronger foundation for more substantive and sustainable cooperation in the years ahead.

Vietnamese products make strong impression at Foodservice Australia 2026

Vietnamese products make strong impression at Foodservice Australia 2026

International visitors expressed positive impressions of Vietnamese products displayed at the fair. Nelma Sanjines, senior supervisor at ESP Catering in Sydney, praised the flavour of Vietnamese chilli sauce and soy sauce as well as the attractive packaging of confectionery products.

Digital technology helps standardise supply chains, sustain export competitiveness

Digital technology helps standardise supply chains, sustain export competitiveness

Experts noted that supply chain optimisation and risk management are no longer isolated tasks for individual companies but a requirement for the entire export ecosystem. With guidance from regulators, support from industry experts and their own efforts, Vietnamese exporters are expected to enhance their competitiveness and turn technical barriers and market volatility into opportunities for sustainable growth in global markets.

Vietnam seen as attractive investment destination for 2026–2035

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

Eco-industrial parks seen as catalyst for higher-quality FDI

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Alongside exhibition activities, trade promotion, and business networking programs, the “Gwangju Global Food Fair 2026” also witnessed the signing ceremony of a Memorandum of Understanding (MOU) between the Vietnam–Korea Businessmen & Investment Association (VKBIA) and the Gwangju Tourism Organization of South Korea.

Hanoi proposes subsidies to accelerate shift to electric vehicles

Hanoi proposes subsidies to accelerate shift to electric vehicles

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.