A sense of spring has come to the disadvantaged ethnic minorities in the border district of Sop Cop in northwestern Son La province after over 300 new brick houses were offered to them on the occasion of Lunar New Year.
The Ministry of Planning and Investment is celebrating 75 years of establishment by highlighting its effective consultancy for the government to help develop the national economy.
The ongoing health crisis has been taking a heavy toll on the Vietnamese economy. Deputy Minister of Planning and Investment Tran Quoc Phuong talked with Ha Nguyen about Vietnam’s need to develop a new economic model of high resilience and swift responses to possible shocks.
The fresh EU-Vietnam Investment Promotion Agreement (EVIPA) that was signed on June 30, offers commitments on investment promotion, which will help boost the high-quality investment flows from the EU to Vietnam.
After the initial zeal, most racetracks remain on paper. However, Hanoi is determined to build a racetrack at Soc Son.
Vietnam’s export-import turnover in the first 10 months of 2018 nearly reached $400 billion, and the figure is expected to exceed $475 billion by the end of the year, which means it is going to set a new record for trade in goods in Vietnam.
Local tech giant FPT Group is betting on mergers and acquisitions as the fulcrum to reach its ambitious $1 billion revenue target from global markets.
FPT Group will focus on its core segment: technology, specifically digital transformation, after reducing its ownership rates in FPT Trading and FPT Retail.
The Ministry of Planning and Investment (MPI) warned that benefits from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could be reduced if Vietnam does not implement breakthrough reforms.
The Vietnamese economy is facing a major contradiction as it is striving for economic growth but the national budget is very limited. Neutralising this conflict and bringing about a higher growth rate is definitely not an easy question.
The Ministry of Planning and Investment (MPI) has outlined three scenarios for Vietnam's economic growth in 2018, thus preparing to devise the next-year socioeconomic development plan.
The slow progress of ODA fund and public investment disbursement may result in huge losses for the whole economy, thus, it is necessary to find ways to use these sources of funding efficiently and transparently to spur economic growth.
The Vietnamese government has lost patience over the slow disbursement of official development assistance (ODA) for several projects and the prime minister had to issue an ultimatum to speed up disbursement or risk losing this important capital source.
The Phu Yen People’s Committee issued a warning to stop the project on Vung Ro Refinery and Petrochemical complex if the developer does not resume implementation.
Vietnamese and Russian companies are increasing cooperation and more and more opportunities are opening to Vietnamese and Russian enterprises to form mutually beneficial partnerships.