Buon Ma Thuot city set to become logistics hub in Central Highlands
The People's Committee of Dak Lak province has recently issued a plan to improve the infrastructure of industrial clusters and establish a logistics and hi-tech industrial centre associated with biological and agro-forestry processing technological research in Buon Ma Thuot city by 2025.
Dak Lak (VNA) - The People's Committee of Dak Lak province has recently issued a plan to improve the infrastructure of indu⛄strial clusters and establish a logistics and hi-tech industrial centre associated with biological and agro-forestry processing technological research in Buon Ma Thuot city by 2025.
Under the plan, the Central Highlands province will complete technical infrastructure at Tan An 1, Tan An 2 industrial clusters, turning them into eco-friendly zones with high industrial production value.
It will also set up Hoa Xuan industrial cluster and attract experienced and financially strong investors to build synchronous infrastructure as well as hi-tech projects in the cluster.
The provincial People’s Committee asked departments and agencies to clarify their role and responsibility for performing tasks in the plan toward its eventual completion and success.
Overview of Buon Ma Thuot city (Photo: VNA)
Chairman of the municipal People’s Committee Vu Van Hung said the plan is meant to realise the Politburo’s conclusion, the Government’s Resolution on building and developing Buon Ma Thuot city into a central urban area of the Central Highlands region, and the National Assembly’s Resolution on piloting several special mechanisms and policies for the development of Buon Ma Thuot city.
The plan is based on the Government’s action programme to realise the Politburo’s conclusion on the development of Buon Ma Thuot city till 2030 with a vision to 2045, the master plan on the national logistics centre system till 2020 with a vision to 2030, and Dak Lak's logistics service development plan for the 2021-2025 period./.
The Buon Ma Thuot Street Festival, themed “Buon Ma Thuot - The convergence of the three coffee civilisations of the world” opened on March 10 in the Central Highlands province of Dak Lak, as one of the highlights of the ongoing 8th Buon Ma Thuot Coffee Festival.
The opening ceremony of the 8th Buon Ma Thuot Coffee Festival took place in the Central Highlands province of Dak Lak – dubbed ‘Vietnam’s coffee capital’ – on March 10 evening.
The eighth Buon Ma Thuot Coffee Festival themed “Buon Ma Thuot - Destination of the World’s Coffee” wrapped up on March 14 after five days full of colorful and exciting activities.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Tan An 1 industrial cluster (Photo: baodaklak.vn)
Overview of Buon Ma Thuot city (Photo: VNA)
