Tìm kiếm: investment

Prime Minister Pham Minh Chinh signed Decision No.548/QD-TTg on May 2 to establish six working groups to inspect and remove difficulties and obstacles, and accelerate the disbursement of public investment capital in 2022 at ministries and central and local agencies that have not fully allocated the assigned public investment capital plan by April 30; with the disbursement rate as of April 30 being below the national average (18.48%).

Ninh Binh authorities held a meeting in Ho Chi Minh City on April 28 to introduce its potential and advantages to investors.

During the process of reform, international economic integration, and business-investment environment improvement, Ninh Binh has always paid more heed to enhancing its competitiveness, which is seen as one of the focal solutions to fulfill the province's socio-economic development goals.

The total amount of social investment capital disbursed in the first quarter of 2021 was estimated at 562.2 trillion VND (24.6 billion USD), up 8.9 percent year-on-year, reported the General Statistics Office (GSO).

Vietnam's target of raising renewable electricity to 45 percent of the national power generation capacity by 2030 and the need for investment worth up to 14 billion USD towards this goal have created substantial opportunities for both domestic and foreign firms.

Foreign investors have poured nearly 5 billion USD in Vietnam so far this year, equivalent to 91.5 percent of that in the same time last year, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

The COVID-19 pandemic has caused severe impacts in many fields. Thanks to its good performance in disbursing public capital investment, Ninh Binh has created an important driving force for its economic growth, infrastructure development and a new appearance for the province after 30 years of re-establishment.

The Prime Minister has issued Decision No.150/QD-TTg approving the strategy for the sustainable development of agriculture and rural areas for 2021-2030 period, with a vision to 2050.

As of November 20, foreign direct investment capital inflows into Viet Nam reached US$26.46 billion, an increase of 0.1 percent compared to the same period last year.

In 2021, Vietnam's economy has met with difficulties while investment capital from the state budget has limited, Ninh Binh province has rolled out numerous measures to call for investment capital from economic sectors in a bid to boost socio-economic development.

Over 257.3 trillion VND (11.1 billion USD) in public investment capital were disbursed as of late October, or 55.8 percent of the target assigned by the Prime Minister, reported the Finance Ministry.

In the past few years, the formation and development of industrial zones in Ninh Binh province has reaped sound achievements, contributing to its socio-economic development. Industrial zones (IZs) has drawn a large amount of investment from economic sectors, especially foreign direct investment (FDI), thus helping to increase the province's technological ability, competitiveness, and export turnover, and expand international cooperation.

While a number of foreign companies have moved part of their production or orders to other countries, many still see Vietnam as a good location for investment in the long term.

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.

As the COVID-19 pandemic has been badly affecting the domestic and world economies, Ninh Binh has been consistent with its measures to carry out its investment promotion programme in 2021 and has attracted more strategic investors to explore and study the province's potential and advantages.

Despite COVID-19 impacts, foreign direct investment (FDI) inflows into Vietnam during the first nine months of this year rose 4.4% year on year to US$22.15 billion, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

Positive signs of investment inflows have been seen during meetings between National Assembly Chairman Vuong Dinh Hue and executives from many big European firms on the occasion of Hue's working visit to the European Parliament and a number of European countries from September 5-11.

Deputy Prime Minister Pham Binh Minh on September 14 chaired a meeting of the PM's special working group on removing bottlenecks and promoting the implementation of investment projects across the country.

The Ministry of Planning and Investment estimates the total State budget to reach 516.7 trillion VND (22.6 billion USD) in 2022, up 8.3 percent against 2021's plan.

Ninh Binh province had disbursed 1.6 trillion VND of public investment capital by July 31, equivalent to 50.1 percent of the yearly plan and higher than the average figure of the whole country. The above result was attributed to the Ninh Binh's right direction in implementing dual tasks.

As a country receiving significant investment from abroad, Vietnam's enterprises now have investment activities abroad in various areas that are the strength of the country in many modern industries such as telecommunications and automobiles.

The Ministry of Planning and Investment (MPI) has consulted community businesses to develop the Government's resolution on supporting businesses during the COVID-19 pandemic.

Vietnam aims for a growth at 5-5.5 percent each year in forestry production in the 2021-2025 period, according to a Government resolution approving the investment policy for the sustainable forestry development programme in the next five years.

The northern province of Ninh Bình disbursed 1.57 trillion VND (some 49.2 million USD) of public investment in the seven months of 2021, fulfilling 50 percent of the set target.

Vietnam attracted 16.7 billion USD in foreign direct investment (FDI) in the first seven months of this year, down 11.1 percent from the same period last year, data from the Ministry of Planning and Investment shows.