A springboard for the final push

From ambitious targets to concrete actions

From the beginning of the year, Lam Dong set a GRDP growth target of 10%, along with total social investment of more than VND 134 trillion, 100% disbursement of public investment capital, and budget revenue growth of at least 10% compared with 2025.

These ambitious targets created pressure from the outset. Lam Dong therefore did not wait until the final months of the year to accelerate implementation.

As early as January, the Provincial People's Committee instructed departments, agencies, and localities to accelerate public investment and disburse 100% of the allocated capital plan. Chairman of the Provincial People's Committee Ho Van Muoi required the province's disbursement rate not to fall below the national average, while clearly defining the responsibilities of each agency and locality, particularly their leaders.

In the following months, this requirement was further translated into concrete measures for public investment management. Site clearance, project implementation and capital disbursement were handled as part of a coordinated process. Delayed projects were reviewed to identify the causes, clarify responsibilities and determine solutions. The approach was intended to prevent allocated funds from remaining unused due to stalled implementation.

By July, the push to accelerate growth had been elevated into a peak emulation campaign titled “180 Days and Nights of Determination to Successfully Achieve Double-Digit GRDP Growth,” involving all 124 communes, wards and special zones.

The growth target was then translated into concrete tasks for each locality, including capital disbursement, site clearance, revenue collection, business support, and the development of production, trade, services and tourism.

Chairman of the Provincial People's Committee Ho Van Muoi asked localities to review their remaining growth potential and focus on measures capable of delivering results within the year, while departments and agencies were instructed to promptly address obstacles within their authority.

After the first six months, Lam Dong's GRDP grew by 7.9%. In the second quarter of 2026 alone, growth reached 9.22%, ranking 14th among 34 provinces and cities. Although growth momentum improved, the gap from the 10% target continued to put pressure on the province to accelerate further in the final months of the year.

Unlocking more growth potential from the grassroots

In Da Teh 2 Commune, growth potential can first be seen in the pace at which public funds are being put into use. As of August 22, the locality had disbursed more than VND 20.28 billion, equivalent to 67.07% of its VND 30.242 billion capital plan. The remaining funds are among the resources available to help accelerate implementation in the final months of the year.

At the grassroots level, these figures show that growth potential lies not only in large-scale projects but also in each locality's ability to turn plans into action. As implementation timelines are shortened and resources are deployed more quickly, their contribution to growth can become more tangible.

At the provincial level, economic momentum after eight months continued to be reflected in a range of indicators. Budget revenue reached more than VND 23.3 trillion, equivalent to nearly 68% of the annual estimate; total retail sales of goods and services revenue exceeded VND 132.755 trillion, up 18.52%; and export turnover surpassed USD 2.24 billion.

Investment flows also showed further positive signs. Lam Dong approved 59 new investment projects with total registered capital of more than VND 167 trillion and USD 7.7 million. In August alone, 282 new businesses were established with combined registered capital of more than VND 1.19 trillion.

These figures provide additional support for the final months of the year, while also highlighting the need to effectively absorb and translate resources into growth. For public investment, this means accelerating project implementation. For the private sector, it means putting capital into production and business activities. For trade, services and tourism, it means sustaining consumer demand and expanding markets.

This is also where the province's management measures are being put to the test. Since the beginning of the year, Lam Dong has consistently identified public investment disbursement, site clearance and the removal of difficulties for businesses as key priorities. With the launch of the “180 Days and Nights” campaign, the province further required localities to review each source of resources, each target and every area of growth potential, while linking outcomes to the accountability of local leaders.

The gap between the 7.9% growth recorded in the first six months and the full-year GRDP target of 10% remains significant. However, after eight months, the economy has gained clearer growth drivers, including budget revenue, consumer demand, exports, investment inflows and the establishment of new businesses.

The year 2026 also marks the first year in which Lam Dong is implementing the Resolution of the first Provincial Party Congress for the 2025 - 2030 term and the five-year socio-economic development plan for 2026 - 2030. The target of average annual GRDP growth of 10 - 10.5% has set a higher development benchmark for the entire period.

The final months of the year will therefore be crucial not only to achieving the 10% growth target for 2026, but also to building momentum for 2027 and the broader 2026 - 2030 period. Closing the gap now hinges on faster project delivery, stronger local momentum, and the effective conversion of resources into growth.