Dak Lak needs GRDP growth of around 13.6% in Q4 2026

The Dak Lak PPC has held a meeting to discuss the Q4 2026 growth scenario, linked to key performance indicators (KPIs) for PPC leaders, heads of provincial departments and agencies, as well as chairpersons of commune- and ward-level People’s Committees.

According to a report by the Department of Finance, the provincial gross regional domestic product (GRDP) grew 8.66% year on year in Q3 2026. In the first nine months, GRDP at constant 2020 prices was estimated at 124.391 trillion VND, up 8.22% and equivalent to 99.14% of the target scenario, leaving a shortfall of around 1.078 trillion VND.

Comrade Do Huu Huy, Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee and PPC Chairman, chairing the meeting.
Comrade Do Huu Huy, Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee and PPC Chairman, chairing the meeting.

Both the agriculture, forestry combined with fisheries sectors met or exceeded their respective targets. However, industry and construction reached only 94.97% of the projected level, leaving a shortfall of approximately 1.499 trillion VND, with construction remaining a major bottleneck.

Investment mobilisation also fell short of expectations. Total social investment in the first nine months reached approximately 45.804 trillion VND, equivalent to 88.16% of the target scenario. Regarding public investment, the province had disbursed 4.618 trillion VND as of September 29, representing 46.11% of the detailed capital allocation plan.

To achieve annual GRDP growth of at least 10.02% in 2026, the province must generate approximately 65.293 trillion VND in GRDP at constant prices in Q4, representing year-on-year growth of around 13.6%. Accordingly, key priorities for the final months of the year are to accelerate construction, speed up public investment disbursement and channel capital into the economy.

The Department of Finance proposed prioritising projects capable of contributing to growth within Q4, particularly 35 non-budget-funded projects that have largely completed required procedures, 41 projects that have received investment policy approval or investment certificates, and stalled projects eligible for resumption.

In his concluding remarks, PPC Chairman, comrade Do Huu Huy stressed that achieving annual GRDP growth of at least 10.02% would require growth of 13.63% in Q4, calling for more decisive action by authorities at all levels and across sectors to deliver tangible improvements as early as October.

The PPC chairman called for concerted efforts to resolve bottlenecks and accelerate eligible works coupled with projects, converting planned capital into actual construction progress, output and revenue. He also urged the province to tap untapped growth potential in agriculture alongside services, stimulate production, consumption, exports and tourism, expedite the resolution of land-related issues, site clearance along with investment procedures, and make effective use of public assets and surplus land together with properties.

Comrade Do Huu Huy also petitioned for strict adherence to the “six clear” principle, with tasks, deadlines and the responsibilities of heads of agencies clearly defined, to ensure the 2026 growth target is achieved.

Translated by HAI LOAN

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