PM asks for solutions towards 95% of public investment disbursement rate
Prime Minister Pham Minh Chinh has asked for breakthrough solutions to fulfil the target of 95% in the disbursement rate of public investment capital in 2024.
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Prime Minister Pham Minh Chinh has asked for breakthrough solutions to fulfil the target of 95% in the disbursement rate of public investment capital in 2024.
Thanks to its efforts to improve the local investment climate, flexibly apply incentive policies and take breakthrough solutions, Ninh Binh has reaped positive outcomes in investment attraction, thereby creating a momentum for the province's socio-economic development in the coming time.
Competent Vietnamese agencies are formulating additional breakthrough support policies aimed at luring strategic investors amid fierce competition in foreign investment attraction and the imposition of the 15% global minimum tax in 2024, reported Dau Tu (investment) newspaper.
In the National Development Plan for the 2021-2030 period, with a vision to 2045, the Party and State place high expectations on the fundamental role of science, technology and innovation, considering this a "Breakthrough Strategy" and the "main motivation" to create breakthroughs in productivity, quality, efficiency and economy's competitiveness.
Vietnamese businesses have been enjoying breakthrough growth thanks to exportation through e-commerce exports.
Institutions and legal regulations for special administrative-economic zones in Quang Ninh, Khanh Hoa and Kien Giang provinces must be different from other cities and provinces to attract investments, Prime Minister Nguyen Xuan Phuc has said.
National Assembly Chairwoman Nguyen Thi Kim Ngan said high resolve and drastic and breakthrough measures are needed to achieve socio-economic development targets and create a momentum for following years in the context of numerous difficulties and challenges facing the country.
In the 2015-2020 period, Ninh Binh province proposed 15 primary socioeconomic development objectives and set three breakthrough directions, seven central programmes, with a focus on improving human resources quality, applying advanced science, technology, and reforming management policies and mechanisms.
Vietnam created a breakthrough in attracting foreign direct investment (FDI) in the first 11 months of 2013, contributing to affirming attractiveness of the country's investment environment and efforts in the improving its environment.