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While the whole country in general and Ninh Binh in particular have been facing difficulties, especially in industrial production and exports, the trade and service sectors have been flourishing. In particular, the rapid recovery of the tourism sector has spurred growth of the service sector, thus contributing to the economic recovery.
Reducing the VAT (value added tax) by 2% has been the most practical solution to stimulate consumption and production.
The National Assembly (N.A.) Standing Committee convened an extraordinary session in Hanoi on August 29 to look into the assignment of tasks and projects under the socio-economic recovery and development program and investments for them.
The National Assembly Standing Committee is scheduled to examine issues related to socio-economic recovery and development projects at an extraordinary session to be held on August 29 afternoon.
The National Assembly Standing Committee is scheduled to examine issues related to socio-economic recovery and development projects at an extraordinary session to be held on August 29 afternoon.
Since the beginning of 2022, the northern province of Ninh Binh has implemented numerous solutions to accelerate the progress of public capital projects as scheduled and to disburse public investment capital in a bid to effectively realise the Government's Resolution No. 11/NQ-CP dated January 30, 2022 on the socio-economic recovery and development programme.
Prime Minister Pham Minh Chinh chaired a meeting attended by ministries and sectors on July 28 to discuss short- and long-term measures for keeping inflation under control, stabilising the macro-economy, and promoting socio-economic recovery and development.
Chairman of the Ninh Binh Provincial People's Committee Pham Quang Ngoc on July 19 led a working delegation to inspect production and business activities of several enterprises at Khanh Phu Industrial Park in a bid to remove difficulties and to boost the economic recovery after the COVID-19 pandemic was controlled.
Prime Minister Pham Minh Chinh has decided to establish a steering committee to help him oversee the implementation of the socio-economic recovery and development program.
Vietnam's ongoing economic recovery after being negatively affected by the COVID-19 pandemic for two years can be put down to the Government's efforts to create optimal conditions for local businesses to resume normal operations in line with safe pandemic control conditions.
The Government has issued a resolution on socio-economic recovery and development programme, and the implementation of the National Assembly's resolution on fiscal and financial policies in support of the programme.
Leaders of ASEAN member states are expected to discuss ways to accelerate economic recovery at the regional summits kicked off Tuesday.
Prime Minister Pham Minh Chinh chaired a cabinet meeting on the drafting of a socio-economic recovery and development programme on October 24.
The Ministry of Planning and Investment (MPI) is coordinating with relevant ministries, sectors and localities to study and build a programme on economic recovery and development in association with improvement of the economy's internal capacity and self-reliance by 2023, with a goal to achieve an annual average GDP growth rate of 6.5-7 percent during 2021-2025.
Vietnam's economy has shown positive signs in the first half of 2014, but more efforts are needed to achieve sustainable economic recovery.
