Son La steps up efforts to achieve 8% GRDP growth target in 2026

Son La province is making every effort to achieve gross regional domestic product (GRDP) growth of 8% in 2026, heard a meeting on November 9 to review implementation of the province’s fourth-quarter growth scenario.

The meeting was chaired by Nguyen Dinh Viet, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee; with the attendance of members of the provincial Party Committee’s Standing Board, Vice Chairmen of the provincial People’s Committee and leaders of departments and agencies. It was held both in person and online, with connections to commune and ward-level authorities.

An overview of the meeting reviewing implementation of Son La province’s fourth-quarter 2026 growth scenario.

According to the provincial Department of Finance, agencies have stepped up coordination and data collection and verification to calculate GRDP for the fourth quarter and the full year.

The provincial Statistics Office has conducted field inspections of key agricultural crops, including longan, custard apple and passion fruit, while working with the provincial Department of Public Security and the provincial Military Command to review recurrent expenditure and investment spending.

The Department of Finance has also held working sessions with 16 branches of major corporations and enterprises in electricity, telecommunications, postal services, petroleum and banking, as well as 23 parent-level agencies, to standardise revenue, budget expenditure and deposit account data and avoid omissions or double counting.

The Director of the provincial Department of Finance speaks at the meeting.

Initial assessments indicate varying growth prospects across economic sectors. Agriculture, forestry and fisheries are expected to meet their targets, while the construction sector has considerable room for growth, supported by public investment projects, projects undertaken by the provincial Department of Public Security and the provincial Military Command using central government funding, and around 22 non-state-funded investment projects expected to break ground in the fourth quarter.

Nguyen Minh Tien, Vice Chairman of the provincial People’s Committee, addresses the meeting.
A leader of the provincial Department of Culture, Sports and Tourism speaks at the meeting.

However, a consolidated estimate of growth rates and value added across primary-level economic sectors for the fourth quarter and the full year has yet to be completed. Data on each sector's contribution and deviations from the planned growth scenario also remain unavailable, making it difficult to determine whether the province will achieve its 8% GRDP growth target.

Nguyen Dinh Viet, Chairman of the provincial People’s Committee, addresses the meeting.

Concluding the meeting, Viet instructed agencies, local authorities and relevant units to strictly implement the tasks and targets assigned under the provincial People’s Committee’s Decision No. 2684/QD-UBND dated October 26, 2026, and make every effort to achieve the 8% growth target.

He said heads of agencies and localities must take direct responsibility for directing and monitoring implementation and delivering the targets in their respective sectors and areas.

The provincial Statistics Office was tasked with urgently reviewing, reconciling and verifying data for the fourth-quarter and full-year GRDP calculations. It must clarify actual performance, projected results by year-end and outstanding conditions that need to be addressed to achieve the target, and report to the provincial People’s Committee before November 12, 2026.

Project investors were instructed to accelerate implementation and strive to disburse 100% of allocated public investment capital, while addressing difficulties related to land clearance and construction materials.

Other priorities include boosting agricultural product sales and tourism demand, ensuring the safe and efficient operation of power plants, improving access to credit and stepping up efforts to prevent revenue losses across five key tax categories./.

Comment

You have 500/500 characters left

Please enter 5 or more characters!!!

Recent news