Tìm kiếm: investment

According to the latest preliminary statistics of the Province Statistic Office, by the end of September, the total import turnover of Ninh Binh reached 2,173 million USD, decrease by 3.1 pct against same period last year.

Ten out of 12 ministries and agencies have committed to completing the disbursement of foreign loans this year after adjusting down their capital plans, the Ministry of Finance has reported.

The complicated developments of the COVID-19 pandemic have caused great impacts on all socio-economic aspects. In that context, administrations at all levels and sectors have actively carried out the "double tasks" of preventing the COVID-19 pandemic while promoting socio-economic development to successfully accomplish socio-economic targets for 2020.

Vietnam raked in 30.05 billion USD from exporting agro-forestry-aquatic products in the first three quarters of 2020 and the value is hoped to hit over 40 billion USD for the whole year, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Vietnam attracted foreign direct investment (FDI) of US$19.54 billion in the first eight months of 2020, down 13.7% from the same period of 2019, according to the Ministry of Planning and Investment (MPI).

Currently, Ninh Binh has over 30.000 hectares of forest land and forestry land; in which, special-use forest accounts for overs 60 percent of total forest land area. In order to increase forest cover, localities in the province take proactive measures to plant new tree and gradually restore forests.

Ninh Binh's import turnover in August estimated to hit 283 million USD, representing a sharp rise of 11 pct against to same month of last year, according to figures released by the province's statistic Office.

Thanh Cong Group and Hyundai Motor co-held a ground-breaking ceremony for an automobile manufacturing facility which has designed capacity of 100,000 units per year, in the northern province of Ninh Binh on September 20.

Vietnam reported total import and export revenue of over US$336.92 billion in the first eight months of 2020 and a record trade surplus of nearly US$13.5 billion, as announced by the General Department of Vietnam Customs on September 14.

Domestic trade is expected to contribute about 13.5 percent of GDP by 2025, according to the Ministry of Industry and Trade (MoIT)'s target to effectively realise the 2021-2025 socio-economic development plan.

The northern province of Bac Ninh collected more than VND18.62 trillion to the state budget in the Jan-Aug period of 2020, fulfilling 64% of the estimate or equivalent to 93% of the same period last year, according to a report of the provincial Department of Finance.

There were some 13,400 new enterprises established during August with total registered capital of 288.8 trillion VND (12.45 billion USD) and 96,300 jobs, according to the General Statistics Office (GSO).

Vietnam attracted 19.54 billion USD worth of FDI as of August 20, down 13.7 percent year-on-year, according to the Ministry of Planning and Investment.

The northern province of Ninh binh's total retail sales revenue hit 2,6 trillion (112 million USD) in July, up 10.6 per cent year-on-year.

Ninh Binh had 12 products qualified for standards of One Commune-One Product (OCOP) program in 2019.

The wood processing industry is to become a spearhead economic sector by 2025, posting export turnover of about USD 20 billion to contribute to socio-economic development and stabilize the livelihoods of people living in forested areas.

There are few opportunities for businesses to develop support industries in Vietnam amid the global economic crisis caused by COVID-19, according to economists.

Since the beginning of the year, the country has installed more than 19,000 rooftop solar power projects with a total capacity of 541.66 MWp, said the Vietnam Electricity Group (EVN).

The Government has issued Resolution 115/NQ-CP figuring out goals and measures to boost the development of supporting industry through 2030.

Vietnam exported 3.9 million tonnes of rice, earning 1.9 billion USD, in the first seven months of this year, according to the Department of Agro Processing and Market Development under the Ministry of Agriculture and Rural Development.

The National Assembly's resolution on reducing corporate income tax by 30% for small and medium-sized businesses came into effect on August 3.

The US, China, EU, ASEAN, Japan and the Republic of Korea were the biggest importers of Vietnamese goods in the first seven months this year, according to the General Statistics Office.

PM Nguyen Xuan Phuc has recently issued Directive 31/CT-TTg on building socio-economic development norms and state budget estimates for 2021.

The northern province of Ninh Binh has for years implemented a plan to develop and expand its traditional handicraft villages, especially six famous craft villages to serve tourism needs and preserve traditional crafts.

The Vietnamese economy is expected to expand by 3.8% this year in the optimistic scenario that the coronavirus outbreak does not flare up again and domestic economic activity gradually returns to normal, according to a think-tank.