Keeping economic growth on track

Departments, agencies and local authorities across Dong Nai City are implementing targeted measures in line with the city's economic growth scenario to ensure that its 2026 economic growth and state budget revenue targets are achieved.

Dong Nai Tax Department launches a special 500-day-and-night emulation campaign to boost state budget revenue.

According to the Department of Finance (DoF), the standing agency of the Dong Nai City Steering Committee for Economic Growth and State Budget Revenue in 2026–2030 period, the department has proactively advised the City People's Committee on implementing a wide range of coordinated measures to implement the Government's resolutions and the directives of the Prime Minister, the City Party Committee (CPC) and People's Council aimed at achieving double-digit economic growth in 2026. As part of this effort, 161 specific tasks have been assigned to 15 municipal departments and agencies for implementation.

Growth scenario adjusted in a timely manner

Reporting to the municipal Steering Committee on the implementation of key measures to promote economic growth during the first half of 2026, Truong Thi Huong Binh, Director of the DoF, said that based on first-quarter results, when Dong Nai's gross regional domestic product (GRDP) grew by 9.76 percent, and forecasts for the remaining quarters, the department had advised the City People's Committee to adjust and update growth scenarios across economic sectors to ensure that annual GRDP growth reaches at least 10 percent. The department has also recommended that the Steering Committee assign specific tasks to departments, sectors and localities, requiring them to intensify measures to accelerate growth in their respective fields and meet the growth targets for both first half and full year of 2026.

Although Dong Nai ranked among Vietnam's fastest-growing localities in the first quarter, 13 of the city's 21 major economic sectors still fell short of their projected growth targets. These include several key sectors that account for a large share of the local economy and have a significant impact on overall growth, such as processing and manufacturing industries, construction, transportation and warehousing.

To achieve the city's minimum 10-percent GRDP growth target for 2026, Dong Nai will need to record growth of 9.8 percent in the second quarter, 10.55 percent in the third quarter, and 10 percent in the fourth quarter, ensuring that the full-year target is met.

Cao Dang Vien, Head of the Dong Nai Statistics Office, said the agency had worked closely with the DoF to develop the city's 2026 growth scenario. Based on recent achievements, the tasks ahead for departments and agencies remain highly demanding.

He added that following the launch of Dong Nai's special 500-day-and-night emulation campaign, each department has developed quarterly growth scenarios based on its assigned responsibilities and identified practical measures to achieve its targets.

The DoF has also proposed several short-term measures to accelerate economic growth and increase state budget revenue. These include directing the tax and customs authorities to prepare a detailed revenue collection plan based on the city's VND150 trillion budget target; removing bottlenecks affecting real estate projects to increase land-related revenue; strengthening tax collection from e-commerce activities; encouraging businesses operating projects in Dong Nai but currently paying taxes elsewhere to fulfill their tax obligations in the city; and attracting major domestic and international corporations to invest in Dong Nai.

Stepping up efforts to meet growth targets

To ensure that economic growth and state budget revenue targets are achieved, the City People's Committee has instructed departments, agencies and local authorities to focus on key priorities, including industrial, construction and service-sector development, accelerating public investment disbursement, improving the investment and business environment, boosting investment attraction, supporting business development, and continuously monitoring and updating growth scenarios throughout the year.

Addressing a meeting of the Steering Committee, Nguyen Van Ut, Deputy Secretary of the CPC and Chairman of the Dong Nai People's Committee, said that the first-quarter growth results reflected the strong efforts made by departments and agencies to promote economic growth and increase state budget revenue. However, both economic growth and budget revenue have yet to meet expectations.

He called on departments, agencies and local authorities to step up implementation of the set measures with greater determination, giving priority to accelerating public investment disbursement, increasing state budget revenue, attracting investment, removing obstacles facing businesses and speeding up key infrastructure projects to successfully achieve the city's 2026 growth scenario.

Ut stressed that state budget revenue is one of the key indicators of a locality's economic development. He therefore instructed all departments and agencies to adopt effective measures to ensure that Dong Nai achieves its VND150 trillion state budget revenue target in 2026.

He also directed departments and agencies to accelerate project implementation, particularly by speeding up public investment disbursement. Administrative procedures should be completed as early as possible to facilitate project execution, while the Dof should proactively allocate sufficient funding so that projects can be disbursed immediately after completing all legal procedures. At the same time, the Chairman instructed relevant departments and agencies to proactively assess and identify high-potential land areas for future land-use rights auctions in order to generate additional budget revenue.

By N.Lien – Translated by M.Nguyet, Thu Ha