The Ho Chi Minh City Department of Transport expects to start construction on 70 transport projects this year.
Ho Chi Minh City’s State budget collection topped VND378.5 trillion (US$16.4 billion) as of December 31, 2018, or 100.47% of the estimate and marking a 8.65% increase year-on-year, Chairman of the municipal People’s Committee Nguyen Thanh Phong told a local conference on January 3.
The Government issued Resolution 01/NQ-CP on January 1, outlining the main tasks and solutions for implementing the socio-economic development plan and the state budget estimates for 2019.
State budget collection was estimated to reach almost VND1.4 quadrillion (US$60.2 billion) this year, 6% higher than the estimate, Minister of Finance Dinh Tien Dung told a teleconference between the government and localities cities in Hanoi on December 28.
A 360ha urban area will be built in Luong Tai district in the northern province of Bac Ninh, with an investment capital of more than VND3.6 trillion (US$154 million).
Vietnamese products can only be worthy of the ‘national brand’ honour when they secure “a standing” in the global value chain, Prime Minister Nguyen Xuan Phuc said.
The Prime Minister has approved a decision to establish a state-owned tourism development fund.
The 15th People’s Council of Hanoi convened its seventh session on December 4 to review the city’s performance in socio-economic development and national defence and security in 2018, and set forth solutions for 2019.
Total State budget collection from the beginning of the year until November 15 was estimated at VND1.16 quadrillion (US$49.78 billion), up 16.1% as compared to the same period last year.
Hanoi and HCM City are both rolling experiments in granting more autonomy to public schools in hopes of improving educational quality and reducing the schools’ reliance on the State budget.
Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on November 27 on the drafting of Resolution No.01 on major tasks and solutions to implement the socio-economic development and State budget estimate for 2019.
The Finance Ministry reported on November 12 that total State budget collection was estimated at VND1.12 quadrillion in the January-October period, equivalent to 84.9% of the yearly estimates, and up 15.1% from the same time of 2017.
Six major businesses with State ownership represented by the Ministry of Industry and Trade (MoIT) were handed over to the Committee for Management of State Capital at Enterprises (CMSC) on November 10.
The 12th National Assembly approved the State budget projection for 2019, with an approval rate of 86.19, during its ongoing sixth session in Hanoi on November 9.
Deputies of the 14th National Assembly (NA) are scheduled to debate a number of laws and approved a resolution on the 2019 State budget estimates at the legislature’s ongoing sixth session on November 9.
NA deputies are to vote on a resolution on socio-economic development plan for 2019 during their sitting on November 8 within the framework of the NA’s ongoing 6th session.
PetroVietnam Power Corporation (PV Power) set a target of reaching an output of more than 5.6 billion kWh in the last quarter of this year to fulfill its full year’s plan.
The Vietnam Bank for Agriculture and Rural Development (Agribank) has announced that it is likely to reach the highest-ever profit growth rate by the end of the year.
The parliament has heard that site clearance funding for the Long Thanh International Airport could be disbursed very soon.
Lawmakers discussed the State budget estimate for 2018 and the allocation for 2019, as well as the State budget financial plan for 2019-2021 during the ongoing sixth session of the 14th National Assembly (NA) in Hanoi on October 29, which was broadcast live nationwide.