Public investment disbursement acceleration promotes socio-economic development
Vietnam is speeding up public investment disbursement to push growth, after going through difficult times due to the severe economic impact of Typhoon Yagi.
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Vietnam is speeding up public investment disbursement to push growth, after going through difficult times due to the severe economic impact of Typhoon Yagi.
The 500kV circuit-3 power transmission line project from Quang Trach district of Quang Binh province to Pho Noi in Hung Yen province is one of the national key projects in order to ensure the country's energy security.
Prime Minister Pham Minh Chinh on August 13 chaired a meeting with related ministries and sectors on production and business activities and a project on restructuring Ninh Binh Nitrogenous Fertiliser Co. Ltd., a subordinate firm of Vietnam National Chemical Group (Vinachem).
In the era of technology boom, the use of origin traceability stamps on agricultural products has become popular. The move has helped add more values to farm produce, build trust among consumers and improve competitiveness on the market. It has also helped state management agencies supervise the quality of products, thus speeding up digital transformation in agriculture.
As there is just one month left before the 31st Southeast Asia Games officially opens, Ninh Binh province is speeding up preparations for the region's biggest sport event.
Tourism firms are speeding up digital transformation to better adapt to the circumstances in the pandemic through switching to new models and methods of business administration and operation, while creating novel and unique products.
Though the national and global economies are suffering negative impacts from the COVID-19 pandemic, Ninh Binh province has still set a target of 2.4 billion USD from exports in 2021.To reach the target, the province has set out synchronous and drastic measures to boost export-import activities and circulation of goods, especially seeking and expanding markets and speeding up administrative reforms.
In parallel with speeding up land clearance and improving infrastructure at local industrial zones (IZs), the Industrial Zone Authority of Ninh Binh has offered advice to the provincial People's Committee to adjust the province's master plan, accelerate administrative reforms and create a favourable investment environment, making these IZs attractive destinations for investors.
The Ban Gioc Waterfall tourism area will be developed into a key tourism destination of the northeastern mountainous province of Cao Bang and Vietnam; contributing to speeding up the provincial and regional socio-economic development in combination with protecting security and national defence.