Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see positive growth with a surplus in current account this year thanks to a rise in export turnover and foreign currency reserves.
With its contributions over the past 75 years, the Ministry of Planning and Investment (MPI) deserves the role of the captain who steers the economic ship to the sea, Prime Minister Nguyen Xuan Phuc said on December 31.
The law envisages that five sectors eligible for PPP investment including transportation, power industry, irrigation, healthcare, and infrastructure.
VOV.VN - Singapore has risen to become the largest foreign investor in Vietnam this year, with total investment capital of US$9 billion, accounting for 31.5% of the overall.
VOV.VN - More than 150 booths featuring a range of innovative solutions and products are scheduled to go on display at the Vietnam International Innovation Expo 2021 (VIIE 2021) which will be held from January 9-10, 2021, according to details released during a recent press conference.
VOV.VN - Vietnam strives to achieve a GDP growth rate of 6.5% or even higher in 2021, Prime Minister Nguyen Xuan Phuc set a target for ministries and localities at a conference between the Government and centrally-run localities on Dec. 29.
The disbursement of State budget capital reached an estimated 91.1% of the plan set for the year and rose 34.5% year-on-year, the highest rate in the 2011-2020 period.
VOV.VN - By December 20 Vietnam has attracted US$28.5 billion in foreign direct investment (FDI) this year, down 25% compared to the previous year, according to the General Statistics Office.
Given uncertainties surrounding the US – China relations and the serious COVID-19 situations globally, Vietnam has become a logical choice in the eyes of investors.
The Vietnam Malaysia Business Association (VMBIZ) and Malaysia’s Blue Ocean Capital Group Berhad (BOCGB) signed a Memorandum of Understanding (MoU) on December 20 to bolster collaboration and exchange between enterprises of both nations.