PM attends investment promotion conference in Gia Lai

Prime Minister Pham Minh Chinh attended the Gia Lai Investment Promotion Conference 2022 in Pleiku city on May 21, which drew representatives from ministries, sectors, international organisations, businesses, investors and localities in the Central Highlands region.

Prime Minister Pham Minh Chinh addresses the event (Photo: VNA)

Prime Minister Pham Minh Chinh addresses the event (Photo: VNA)

Addressing the event, PM Chinh underlined the need for Gia Lai to continue to keep COVID-19 pandemic under good control, while quickly completing its planning to identify its own potential and competitive advantages, and speeding up the development of its strategic infrastructure system.

Gia Lai should continue to work hard with administrative reform, improve the quality of human resources, promote science-technology, innovation, diversify the supply chain and strengthen digital transformation and energy transition, he said.

The Government leader expressed his hope that investors will make effective investment and long-term business in the province, ensuring harmony of interests among businesses, people and the State.

He also asked ministries and sectors to coordinate with and create favourable conditions for Gia Lai to overcome difficulties, optimise its resources and promote its potential and strength for further development in a spirit of sincerity, trust and responsibility.

At the conference, Gia Lai called for investment in 112 projects in the 2022-2025 period, focusing on infrastructure construction, agro-forestry product processing, construction material, agriculture, forestry, trade, service and tourism.

In 2016-2020, the locality drew 515 projects worth US$3.58 billion, five times higher in the project number and 36-time rise in capital from the previous five-year period.

In 2021, the province approved investment policy for 60 projects worth more than US$1.25 billion. Investors are also proposing 172 other projects with a total investment of about VND67 trillion. So far, many large Vietnamese and foreign groups have made their presence in Gia Lai with many large-scale projects.

According to Chairman of the People’s Committee of Gia Lai Vo Ngoc Thanh, as the gateway of the region, Gia Lai has become a centre for trade and services in the Cambodia-Laos-Vietnam development triangle and an important connection point between the Central Highlands region and localities in the central and southeastern regions.

Gia Lai has a large farming area of 845,000 hectares, which is suitable for developing fruit trees with high economic value. It also boasts favourable conditions for industry, trade, especially processing and renewable energy.

Currently, the province has made planning for 21 industrial clusters, he said, adding that Gia Lai is in need of investment in high-tech agriculture, processing, renewable energy and tourism.

At the conference, PM Chinh witnessed the granting of investment policy decisions for 17 projects with a total investment of US$647.38 million and the signing of 29 memorandums of understanding with a total registered capital of more than US$4.96 billion.

VNA

Other News

SBV raises short-term capital lending cap to 40%

SBV raises short-term capital lending cap to 40%

The new circular will help credit institutions have more room to provide capital to businesses and investment projects to support high economic growth in the next few years, while increasing flexibility in the SBV’s monetary policy management.

Business confidence in Vietnam rebounds strongly: UOB

Business confidence in Vietnam rebounds strongly: UOB

The study found that 85% of Vietnamese enterprises reported positive business sentiment, a sharp increase from 48% in 2025, when business confidence was weighed down by uncertainties surrounding US tariff policies and related trade developments.

Bac Ninh seeks high-quality foreign investment for sustainable growth

Bac Ninh seeks high-quality foreign investment for sustainable growth

According to Vice Chairman of the provincial People’s Committee Pham Van Thinh, the province aims to maintain stable and sustainable growth, improve the competitiveness of both the economy and local businesses, and make better use of free trade agreements (FTAs) to expand and diversify export markets.

Green building trend flourishes in Ho Chi Minh City's real estate landscape

Green building trend flourishes in Ho Chi Minh City's real estate landscape

The International Finance Corporation (IFC) highlighted the city's dominance in green-certified building floor space in Vietnam, reflecting the rapid expansion of the green building market with 780 completed green buildings encompassing over 18.69 million sq.m by 2025, predominantly certified by EDGE and LEED.

UK supports Vietnam in wind power and green finance development

UK supports Vietnam in wind power and green finance development

The United Kingdom officially announced two new climate cooperation initiatives to support Vietnam in its energy transition and green growth journey. These programs focus on offshore wind power development and the creation of a sustainable green financial ecosystem.

Ample room remains for Vietnam–India logistics cooperation

Ample room remains for Vietnam–India logistics cooperation

The GTTCI expert noted that alongside logistics and integrated warehousing, e-commerce is expected to be a particularly high-growth sector in the coming years. He described it as a multi-billion-dollar market with significant untapped opportunities for cooperation between Vietnam and India.

Exports gain momentum from high-tech growth drivers

Exports gain momentum from high-tech growth drivers

According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.

Vietnam–China crossings see spike in ASEAN fresh produce

Vietnam–China crossings see spike in ASEAN fresh produce

Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).

Cargo handling operations at Berths 3 and 4 of the Hai Phong International Gateway Port. (Photo: VNA)

AI reshapes logistics, raising bar for workforce skills

According to the Vietnam Logistics Business Association (VLA), the logistics sector will require around 2.2 million workers by 2030, including 1.6 million employees for logistics service providers and nearly 600,000 personnel supporting logistics operations in manufacturing and trading enterprises.

Robust dispute resolution framework key to Vietnam's IFC ambitions

Robust dispute resolution framework key to Vietnam's IFC ambitions

The development strategy for VIFC-HCMC envisions a comprehensive financial ecosystem encompassing green finance, carbon credits, financial technology (fintech), blockchain technology, digital assets, digital banking and other innovative business models. These highly internationalised sectors involve complex cross-border transactions and sophisticated legal structures.