GIA LAI ATTRACTS NEARLY $6.3 BILLION IN INVESTMENT, CLOSE TO MEETING ANNUAL TARGET

The province had licensed 168 new projects with total registered capital of VNĐ164.9 trillion, achieving 98.8 per cent of the provincial People's Committee's target of 170 projects for the year.

Quy Nhơn Port, the Central Highlands' principal import-export gateway, serves as the starting point of Gia Lai Province's logistics network and a key hub for regional trade. — VNA/VNS Photo

HÀ NỘI — Central Highlands province Gia Lai attracted 168 new investment projects with total registered capital of nearly VNĐ165 trillion (US$6.3 billion) in the first half of 2026, putting it within reach of its annual investment target.

According to the provincial Department of Finance, as of the end of June, the province had licensed 168 new projects with total registered capital of VNĐ164.9 trillion, achieving 98.8 per cent of the provincial People's Committee's target of 170 projects for the year.

Compared with the same period in 2025, the number of newly registered projects rose by 147.1 per cent, while total registered investment capital surged by 221.5 per cent.

Domestic investors accounted for 166 projects worth more than VNĐ164.6 trillion, while two foreign direct investment (FDI) projects were approved with combined registered capital of nearly VNĐ316 billion, equivalent to around $12.1 million.

In June alone, Gia Lai approved 25 new projects with total registered capital exceeding VNĐ16.4 trillion. The province also revised the investment policies of six existing projects, adding VNĐ6.2 trillion in registered capital.

Several large-scale renewable energy projects received investment approval during the period, including the Kanak floating solar power plant, the Plei Thơ Ga 2 floating solar project integrated with battery energy storage, and the Hà Tây hydropower floating solar project. A number of wind power, hydropower and processing industry projects were also approved, helping expand the province's investment portfolio and capitalise on its renewable energy potential.

Industry remained the leading destination for investment, attracting 84 projects with total registered capital of nearly VNĐ139.8 trillion, accounting for about 85 per cent of the province's total registered investment.

The remaining projects included 15 infrastructure and construction developments worth nearly VNĐ8.9 trillion, 48 agriculture, forestry and fisheries projects valued at more than VNĐ6.7 trillion, four real estate and urban development projects, and 15 projects in trade, services, tourism, information technology, port services and logistics.

Most investment continued to flow outside economic zones and industrial parks, with 155 projects worth more than VNĐ157.4 trillion.

Based on the provincial target of attracting 170 investment projects in 2026, 50 communes and wards have already exceeded their assigned targets, while 53 have met them. Another 32 localities have yet to reach their goals.

Business formation also remained strong. Between the start of the year and July 1, Gia Lai recorded more than 2,077 newly established enterprises with combined registered capital of VNĐ29.5 trillion, up about 38 per cent in number and 153 per cent in registered capital compared with the same period last year.

The province said the first-half results provide a solid foundation for achieving its investment targets for the year while supporting economic growth and strengthening its competitive advantages in renewable energy, processing industries and infrastructure development. — VNS

Source: VNS

Related News

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIỆT NAM-CAMBODIA TRADE GATHERS PACE TOWARDS $20 BILLION TARGET

Trade between Việt Nam and Cambodia continues to grow, remaining a bright spot and a key pillar of bilateral cooperation as the two countries aim to raise two-way trade to US$20 billion in the coming years. After setting a record of more than $11.3 billion last year, bilateral trade reached about $8.7 billion in the first eight months of this year, up 8.3 per cent year on year.

Oct 14, 2026

TECHNOLOGY

AI BEGINNING TO RESHAPE RECRUITMENT CRITERIA

Digital literacy is the only capability area in which fresh graduates meet employers’ expectations, according to a new report. Yet, it is also the standard rising fastest, as businesses increasingly expect new hires to use AI effectively in the workplace. Some 83 per cent of employers say AI has changed, or is beginning to change, their hiring criteria, while 94 per cent report higher expectations for digital and AI capabilities than they had two to three years ago.

Oct 14, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

ĐÀ NẴNG GREEN-LIGHTS US$105 MILLION THAI DEVELOPMENT DEAL

The central city has approved an investment proposal by Thailand’s WHA Group to develop infrastructure for the 400ha WHA Đà Nẵng Industrial Park project on two communes of Thăng Bình and Đồng Dương, with an investment of more than VNĐ2.7 trillion (US$105 million). The city said it approved WHA Industrial Development International's status as an investor in the project, which is expected to take place between 2027 and 2034.

Oct 14, 2026

VIETNAM ECONOMY INVESTMENT

MOBILE PHONE EXPORTS RISE 20% TO $51.8 BILLION IN FIRST NINE MONTHS

Exports of mobile phones and components rose 20 per cent year-on-year to nearly US$51.8 billion in the first nine months of 2026, with China, the US and Republic of Korea accounting for more than half of the total. Shipments to the three markets reached a combined $26.18 billion, or 50.6 per cent of total exports of the product group during the period, according to data from the Vietnam Department of Customs under the Ministry of Finance.

Oct 14, 2026

VIETNAM ECONOMY INVESTMENT

FRUIT AND VEGETABLE EXPORTS POISED TO HIT $10 BILLION IN 2026

Fruit and vegetable exports are on track to reach nearly US$10 billion in 2026, after rising 19.9 per cent year on year to nearly US$7.4 billion in the first nine months, driven by strong seasonal demand and abundant tropical fruit supplies. The Ministry of Agriculture and Environment said the growth reflected stronger international demand for fresh produce and processed agricultural products.

Oct 14, 2026

GARMENT / TEXTILE

TEXTILE EXPORTS FACE DUAL CHALLENGES OF SUSTAINING ORDERS AND BOOSTING EFFICIENCY AMID GROWING COMPETITION

Data shows that the textile and garment sector maintained its growth momentum in the first nine months of this year. The industry's total export turnover reached an estimated US$35.721 billion in the first nine months of this year, up 3.3 per cent year-on-year. Despite posting encouraging export figures, Vietnamese textile and garment enterprises continue to navigate unpredictable market variables.

Oct 14, 2026