Public investment in August and the first eight months of this year increased 45.4% and 30.4% year-on-year, respectively, according to the General Statistics Office (GSO).
Minister of Planning and Investment Nguyen Chi Dung urged localities on August 26 to not use Official Development Assistance (ODA) loans next year for projects where funding can be mobilised from the private sector or domestic sources.
VOV.VN - Despite the negative impact of the COVID-19 pandemic, Vietnam’s inflation for 2020 is projected to fall between 3.5-3.9% to ensure social security and stabilise local people's lives, experts say.
Prime Minister Nguyen Xuan Phuc on August 19 asked for effective and feasible solutions to minimise COVID-19-caused losses and recover the economy in both short and medium terms.
VOV.VN - Prime Minister Nguyen Xuan Phuc asked the Central Highlands province of Dak Nong on July 23 to pool all of its resources in order to fully unleash its development potential.
VOV.VN - The COVID-19 pandemic is expected to take its continued toll on the global economy in the second half of the year, but thanks to the disease brought under control in Vietnam, the national economy is projected to grow by 3.8% in 2020.
VOV.VN - Prime Minister Nguyen Xuan Phuc on July 16 chaired an online meeting with leaders of all cities and provinces, aimed at accelerating the disbursement of public investment, which is currently occurring at a snail’s pace.
VOV.VN - Along with solutions aimed at improving the business investment environment, it is necessary to devise plans to attract further social investment, foreign direct investment, and private capital, said Prime Minister Nguyen Xuan Phuc at a meeting of the National Financial and Monetary Policy Advisory Council in Hanoi on July 9.
Disbursement of public investment in the first six months of 2020 amounted to nearly VND156 trillion (US$6.73 million), fulfilling 33.1% of the plan set by the National Assembly and the Prime Minister, higher than the 28.56% recorded in the same period last year, according to the Ministry of Planning and Investment.
VOV.VN - Prime Minister Nguyen Xuan Phuc has requested that the nation’s various ministries, agencies, and localities make greater efforts to maintain macroeconomic stability in the post novel coronavirus (COVID-19) period, paving the way for greater socio-economic development.
VOV.VN - A workshop held in Hanoi on June 10 discuss measures aimed at helping local businesses affected by the novel coronavirus (COVID-19) pandemic overcome challenges and ensure stable development in the post-pandemic period.
The southern economic hub of Ho Chi Minh City has spent VND465 billion (US$20.2 million) supporting more than 336,550 business households and employees seriously affected COVID-19, according to Director of the municipal Department of Labour, Invalids and Social Affairs Le Minh Tan.
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.
VOV.VN - For the first time Vietnam is launching a series of relief packages worth approximately VND600 trillion (US$25 billion) to get the national economy back on track after being badly affected by the novel coronavirus epidemic (COVID-19).
VOV.VN - Addressing a regular Cabinet meeting held in Hanoi on May 5, Prime Minister Nguyen Xuan Phuc stressed the urgent need to revitalise the economy which has been badly affected by the effects of the novel coronavirus (COVID-19) and to keep it on a positive growth trajectory.
The Ministry of Planning and Investment has asked for corporate income tax (CIT) to be cut by half this year for small and medium-sized enterprises (SMEs) in an effort to boost growth when the COVID-19 pandemic eases.
VOV.VN - Despite a fall in the number of positive novel coronavirus (COVID-19) cases over the past two days, every citizen should remain vigilant whilst carrying out preventative measures in line with proposed regulations, said Prime Minister Nguyen Xuan Phuc at a cabinet meeting on COVID-19 prevention and control in Hanoi on April 6.
Prime Minister Nguyen Xuan Phuc has agreed with the Ministry of Planning and Investment (MPI)’s proposal on a national online conference on speeding up public investment disbursement in 2020, which is set to take place late April.
Hanoi has maintained a high growth rate so far this year, with the GRDP expanding 7.35 percent in the first nine months of this year, it was reported at the 10th session of the city’s People’s Council on October 25.
Prime Minister Nguyen Xuan Phuc has demanded ministries, sectors and localities to take stronger actions to speed up the disbursement of the public investment capital plan for 2019, as the disbursement so far is at a critically low level.