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Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Lam Dong province Ho Van Muoi emphasized that if the capital disbursement target is not met, many other targets will be broken.

Opening the conference, Deputy Secretary of the Provincial Party Committee, Chairman of the Lam Dong Provincial People's Committee Ho Van Muoi emphasized that after more than 3 months of operating the 2-level local government, Lam Dong has achieved many results. Departments, branches and 124 communes, wards and special zones have overcome many difficulties and completed their assigned tasks.

However, many important economic indicators have not yet met the requirements. The GRDP growth rate has only reached 6.8% (the plan for 9 months is 7.5%). The disbursement of public investment capital has only disbursed nearly 30% of the total capital plan of 18,900 billion VND. With this result, Lam Dong is lower than the average disbursement rate of the whole country (45%) and ranked 30/34 provinces and cities.

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The Chairman of the Provincial People's Committee personally apologized to the Prime Minister twice for the results of public investment disbursement in Lam Dong. If by the end of 2025, capital disbursement is not achieved, Lam Dong will fail all socio-economic targets. In particular, our responsibility to the Central Government, the Government, the Provincial People's Committee and the People will be very heavy.
Chairman of the Provincial People's Committee Ho Van Muoi shared

In the first 9 months of 2025, many economic indicators of Lam Dong have not met the set expectations.

The Chairman of the Provincial People's Committee emphasized that currently, all basic mechanisms and procedures have been completed. The failure to disburse public investment capital should not be blamed on mechanisms and policies. By September 30, if the Department of Finance fails to fully allocate the three sources of central capital, district capital (old), and national target program capital, the unit must be responsible to the leaders of the Provincial People's Committee. For outstanding projects, the unit must resolve them all to speed up the disbursement progress.

Director of Lam Dong Department of Finance Phan The Hanh reported on Lam Dong's socio-economic development in the first 9 months of the year.

According to the assessment, in the first 9 months of 2025, Lam Dong's socio-economic development was basically stable. The agricultural and industrial sectors achieved the set scenario. Budget revenue grew strongly. Total retail sales of goods, service revenue, and exports were quite good.

The total number of tourists increased, especially international tourists. Social security, cultural activities, physical training, health care, and education continued to receive attention, and national defense and security were stable.

Leaders of departments, branches and localities attended the Conference

However, in the first 9 months of 2025, the province's GRDP growth rate only reached 6.80%. Disbursement of public investment capital is very low compared to the plan. The leadership and direction of administrative reform in some units and localities is not really drastic. The implementation of digital transformation tasks, application of national population and land databases... associated with administrative reform work is not synchronous and timely.

In the first 9 months of 2025, Lam Dong's GRDP growth rate increased by 6.80% over the same period in 2024. State budget revenue is estimated at 23,592 billion VND, reaching 84% of the assigned estimate, up 19.1% over the same period. Total export turnover of the whole province reached 2,457 million USD, reaching 79.8% of the plan, up 20.5% over the same period. Total social development investment capital realized was 76,967 billion VND, up 8.5% over the same period. The disbursement rate of public investment capital reached nearly 30% of the plan.

Source: https://baolamdong.vn/tim-moi-giai-phap-thuc-day-dau-tu-cong-392760.html