Regional development initiatives in Lao Cai and Son La provinces

In Lao Cai province, tax authorities are implementing strategies to achieve double-digit growth by managing existing revenue sources and identifying new potential ones. As of October 28, total budget revenue reached 17,362 billion VND, representing 99% of the central government's target and 74% of the provincial target. Key revenue components include 10,531 billion VND in balanced revenue and 672 billion VND from mineral exploitation. The province aims to minimize tax losses and debt while shifting toward a service-oriented approach that supports businesses and households.

In Son La province, local authorities are integrating new rural development programs with poverty reduction efforts. The province is prioritizing resources for high-poverty areas, ethnic minority regions, and remote locations through specialized policies in land, credit, and vocational training. Financial support is significant, with over 953 billion VND in funds extended to 2026. Additionally, under a Prime Ministerial decision, Son La is expected to receive more than 2,600 billion VND in medium-term public investment capital for the 2026-2030 period to support national target programs.