In implementing the Resolution of the 19th provincial Party Congress (2020-2025 tenure), the northern mountainous province of Phu Tho has achieved significant outcomes in all fields, fulfilling or exceeding many targets and maintaining its position among leading provinces in northern midlands and mountainous region.
An aerial view of Cao Xa commune, Lam Thao district, Phu Tho province. (Photo: VNA)
Phu Tho (VNA)🅷 – In implementing the Resolution of the 19th provincial Party Congress (2020-2025 tenure), the northern mountainous province of Phu Tho has achieved significant outcomes in all fields, fulfilling or exceeding many targets and maintaining its position among leading provinces in northern midlands and mountainous region.
In the first half of the tenure, the province achieved 11 out of 17 targets set out in the Resolution. The average Gross Regional Domestic Product (GRDP) rate in the period stood at 7.29%, higher than the national average and among the group of provinces with high growth rates in the country and in the region. The economy's scale expanded 1.3 times compared to 2020, ranking third out of 14 provinces in the region.
GRDP per capita in 2023 is estimated to reach 65.4 million VND (2,700 USD), exceeding the target of 65 million VND set for 2025, ranking fifth out of 14 provinces in the region. Total social investment capital for the period 2021-2023 is estimated to hit 118.7 trillion VND.
Industrial production recovered and developed rapidly, being the main driving force for the province's economic growth. The average growth rate of the sector in the period 2021 - 2023 is estimated at 11.14%.
Import-export turnover reached nearly 9.2 trillion VND, an increase of 62% compared to the estimate. The province also made progress in several indexes including Public Administration Reform (PAR INDEX), the Provincial Competitiveness Index (PCI), Satisfaction Index of Public Administrative Services (SIPAS), and the Viet Nam Provincial Governance and Public Administration Performance Index (PAPI).
Remarkable progress has also been recorded in social development. Phu Tho ranked in the top 10 provinces and cities nationwide in terms of education quality. The ratio of doctors and hospital beds per 10,000 people reached 15.2 and 55; the rate of people participating in health insurance was 93.7% of the population. The poverty rate based on multidimensional poverty standards decreased to 5.19% in 2022.
The province expects to have six districts meeting new-style rural area standards by the end of 2023, two years ahead of schedule.
The disbursement of capital for development investment during 2021 - 2023 is estimated to reach 118.7 trillion VND, reaching 74.2% of the target for the whole period./.
The northern province of Phu Tho considers digital transformation in agriculture a key to improving production efficiency and farmers’ income, expanding markets and promoting consumption of farm produce.
The northern midland province of Phu Tho always rolls out red carpet, and commits to creating favourable conditions for Japanese enterprises who want to expand their investment in the locality, Secretary of the provincial Party Committee Bui Minh Chau has said.
Currently, the district boasts eight tourism and entertainment resorts that are operating effectively such as Green Pearl Island Tourist Area, Vuon Vua Resort & Villas, Bamboo Resort and Tre Nguon Resort.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.