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Defining the support industry and the automobile assembly and manufacturing as spearhead sectors of the local economy, the northern province of Ninh Binh has in the past few years adopted incentives and policies to develop these fields.
After a two-month trade deficit, the economy is expected to witness high export turnover this year thanks to buoyancy in export-oriented manufacturing fuelled by multilateral trade pacts.
The Vietnamese economy grew by 7.08% in 2018, the fastest rate in the past 11 years and beating the target of 6.7%, the General Statistics Office (GSO) has announced.
The Vietnam Farmers' Union (VFU) officially convened its seventh national congress in Hanoi on December 12. The congress took place at a time when our country has gained historic and significant achievements in terms of politics, economy, culture, society, defence and security and foreign affairs over more than 30 years of the Doi moi (Renewal) process. The Party and the people and the whole army are exerting every effort to successfully realise the Resolution of the 12th National Party Congress.
PM Nguyen Xuan Phuc reaffirmed the importance of State-owned enterprises (SOEs) as a necessary tool to regulate the economy while addressing a conference in Ha Noi on November 21.
The northern province of Ninh Binh is striving to become one of the tourism hubs of Vietnam by 2020 and to turn tourism into a spearhead industry of the local economy by 2030.
In the first six months of 2018 the Vietnamese economy grew at its fastest first-half pace since 2011, creating many opportunities for the country to maintain its strong growth and meet the whole-year target of 6.7%.
The International Monetary Fund (IMF) projected Vietnam's economy to grow by 6.6% this year and 6.5% the following year in a recent report.
The national economic growth will continue to be marked by positive trends this year thanks to improvements to institutions and the investment environment, according to a forecast by the National Centre for Socio-Economic Information and Forecast (NCIF).
Vietnam and Azerbaijan will employ measures to boost cooperation via party, government and parliamentary channels, covering economy-trade, investment, energy, transport, culture and education-training.
The seventh APEC High-Level Meeting on Health and Economy will begin in Ho Chi Minh City on August 23, as one of the highlights of the third APEC Senior Officials Meeting (SOM 3).
After 30 years of strong and stable growth, the Vietnam economy is moving into a more challenging period. Although many of its economic fundamentals remain strong, the country's manufacturing industry need to shift its productivity to higher standard.
Ninh Binh's tourism has developed rapidly over the past few years but its potential has not been fully tapped to become a spearhead economic sector.That fact shows the need for the province to pay heed to developing a well-built tourism infrastructure in an effort to turn the hospitality industry into a main pillar of the local economy.
Protecting the property rights to artificial forests and cultivated aquatic animals is of the utmost importance to attracting private investment in aquaculture and forestry, a recent report on the Vietnamese economy has concluded.
The Government gives top priority to ensuring macro-economic stability and sustainable growth, according to Minister and Chairman of the Government Office Mai Tien Dung.
Renewing the growth model which should be propelled by productivity and competitiveness of the economy is a key task set by the 12th Party Central Committee during its six-day fourth plenary meeting that concluded on October 14th.
Vietnam has successfully attracted and effectively used official development assistance (ODA) capital resources.
