The Government plans to establish a special agency to act as the ownership representative of State capital at State-owned enterprises by 2018.
The Government has issued two action plans to carry out the 12th Party Central Committee’s Resolution 10 on developing the private economic sector and Resolution 11 on perfecting the socialist-oriented market institutions.
National Assembly Vice Chairman Phung Quoc Hien has stressed the need for the Mekong Delta city of Can Tho to be a pioneer in boosting regional connectivity.
Minister and Chairman of the Government Office Mai Tien Dung said the economic performance in the January-August period is very positive, raising hope about achieving the target of 6.7 percent economic growth this year.
Local enterprises are spending around 28.6 million working days valued at VND14.3 trillion (US$636 million) a year to complete administrative procedures for special inspections on imported and exported goods.
The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 percent of the tax on cars with nine seats or less with similar engine displacement, a move that would sharply increase their costs.
The National Wage Council has agreed to propose a region-based minimum wage increase of 6.5 percent for 2018 to the Government for consideration.
Government members looked into socio-economic performance in July and seven months during a regular meeting in Hanoi on August 3.
Ten commercial banks will have to sprint to be able to meet the Government’s listing deadline on the Unlisted Public Company Market (UPCoM) by the end of this year.
Prime Minister Nguyen Xuan Phuc has taken action so that the National Assembly’s new resolution on bad debt settlement could be applied from August 15.
Vietnam has outlined plans to boost revenues from rice exports over the next decade by focusing on a higher quality product and selling more outside Asia.
Sixty seven vessels have been approved to be built for fishermen in the central province of Thanh Hoa over the past three years of implementing the Government’s Decree 67 on measures to develop fisheries.
Vietnam wishes to develop friendship with all nations involved in the wars in the country, including the Republic of Korea (RoK), the Foreign Ministry’s Spokesperson Le Thi Thu Hang said in a regular press conference in Hanoi on June 15.
Minister of Health Nguyen Thi Kim Tien said her ministry will do its utmost to improve grassroots-level healthcare network as the government already approved a resolution on the plan.
The Vietnamese Government has failed to downsize its large staff, with the number of officials continuing to increase.
Deputies to the 14th National Assembly have agreed that the Government should continue creating favourable conditions for investors and boosting production, especially in industry and services, to achieve the tough set GDP growth target of 6.7 percent for 2017.
The annual dialogue between Prime Minister Nguyen Xuan Phuc and the business community will take place sometime between May 10 and 20, allowing firms to directly communicate with the Government.
The Government plans to borrow US$15.05 billion this year, according to a borrowing and debt payment scheme recently approved by Prime Minister Nguyen Xuan Phuc.
Ho Chi Minh City will not hold fireworks shows in commemoration of the 42th anniversary of Reunification Day (April 30), municipal leaders confirmed on April 27.
The National Assembly’s Financial and Budgetary Committee commended the Government for drastic leadership in promoting thrift and fighting wastefulness in 2016 when reporting on its examination and verification of the Government’s report in this field.