Prime Minister Nguyen Xuan Phuc has issued a directive on the building of plans for socio-economic development and State budget estimate for 2021, with a target of about 7% of economic growth for the year.
VOV.VN - Prime Minister Nguyen Xuan Phuc has signed a night-time economy development scheme, permitting services to operate overnight until 6am of the following day.
VOV.VN - Vietnam has recorded a trade surplus of US$4 billion during the first half of the year despite the complex nature of the novel coronavirus (COVID-19) pandemic globally, with figures revealing the trend is increasingly true among the country’s leading trade partners, according to the General Statistics Office.
VOV.VN - A number of obstacles concerning the national business climate should be removed in an attempt to attract greater private investment, which is considered one of the key drivers contributing to the country’s economic recovery following the novel coronavirus (COVID-19) pandemic, according to insiders.
VOV.VN - Hanoi is keen to cooperate with all investors and businesses for mutual benefit and shared development, Mayor Nguyen Duc Chung stated at a June 27 conference on investment promotion in the capital following the novel coronavirus (COVID-19).
The Asian Development Bank (ADB) recently forecast that Vietnam’s economic growth this year would be 4.1%, 0.7% points lower than its April estimate but still the highest expected in Southeast Asia.
VOV.VN - Developed economies are expected to enjoy a US$6 trillion rise in stock markets globally, with the majority investing in emerging or marginal markets such as Vietnam in search of attractive returns following the peak of the novel coronavirus (COVID-19).
VOV.VN - The national economy is likely to enjoy a stellar growth rate of 5.2% this year if all-out efforts are made to achieve the figure, said Hoang Van Cuong, a National Assembly (NA) deputy from Hanoi and Vice Rector of the National Economics University (NEU), during the 14th NA’s ninth session in Hanoi on June 15.
The State Capital Investment Corporation (SCIC) has targeted disbursing investment of VND13-16 trillion (US$561-690 million) annually to focus capital on key industries and sectors to promote economic growth.
VOV.VN - Economic experts have warned that heavily reduced purchasing power, in addition to numerous difficulties faced in production and business activities, are likely to have a serious impact on the overall state of the enterprise system.
The Government has proposed to the National Assembly three options for transforming investment models at sub-projects of the Eastern North-South Expressway for consideration.
Germany’s Deutsche Welle newswire recently ran an article saying that Vietnam still aims for an economic growth of 5% this year despite global economic crisis and likely recession in some of its neighbouring countries.
VOV.VN - Having factored in the damaging impact of the novel coronavirus pandemic, the Government has proposed adjusting the country’s annual GDP growth target from its initial figure of 6.8% to 4.5%.
Despite difficulties brought by the COVID-19 pandemic, an opportunity is emerging for Vietnam to build the foundations of a more inclusive growth path, which leaves no one behind once recovery begins, according to the International Labour Organisation (ILO) in Vietnam.
VOV.VN - Whilst attempting to tackle the spread of the novel coronavirus (COVID-19) epidemic, Hanoi must strive to accomplish some of the basic objectives set out at the beginning of the year, with a specific focus on ensuring that economic growth, job creation, and budget revenue are maintained.
Despite serious blows from the the global health epidemic, Vietnam’s lowered economic growth this year is nevertheless expected to remain far higher than that of regional nations due to its great efforts to create a business-friendly climate, and the knock-on implications of free trade agreements.
VOV.VN - The Vietnamese government is resolved to attain its growth target this year despite the Covid-19 epidemic. Many measures have been implemented to prevent any negative impact on the Vietnamese economy or its trade partners.
The Ministry of Planning and Investment (MPI) has submitted two scenarios for economic growth this year to the Government, as the country faces the impact of coronavirus in China, one Viet Nam’s biggest trade partners.
VOV.VN - The coronavirus epidemic has been spoiling the country’s growth story amid global industrial slowdown, experts have warned.
VOV.VN - Vietnam will work hard during the early days of 2020 to achieve this year’s socio-economic tasks and the targets set for the 2016-2020 period in the Party resolution.