Ninh Binh consistent with export target of 2.2 billion USD in 2020
The Department of Industry and Trade of Ninh Binh province said it would not adjust its export target despite a wide range of difficulties caused by the COVID-19 pandemic.
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The Department of Industry and Trade of Ninh Binh province said it would not adjust its export target despite a wide range of difficulties caused by the COVID-19 pandemic.
Deputy Prime Minister Trinh Dinh Dung has just signed the 2020 Working Programme of the Steering Committee for the National Target Programme on New Rural Construction for the 2016-2020 period.
The Resolution of the 21st Congress of the Provincial Party Organization set out that Ninh Binh's economic structure would increase the ratio of the industry and service sectors in the 2015 - 2020 period. The province's industrial production growth is expected to reach 16 percent a year. To achieve the above target, the province has implemented numerous measures to boost the industry sector's growth, and it also has reaped positive results in the past years.
The northern province of Ninh Binh disbursed 1.13 trillion VND (some 47.9 million USD) of public investment in the first two months of 2020, fulfilling 50 percent of the set target.
The province's exports continuously showed its impressive growth in both turnover and market in 2019, when it brought home 2.1 billion USD, up 35.2 percent from 2018 and surpassing the yearly target by 44.8 percent.
Budget collection of the northern province of Ninh Binh in 2019 continues to see 4th consecutive year of growth, estimated at over 15.2 trillion VND ($656 million), marking the highest level recorded in five year period (2015 - 2020) .
Ninh Binh disbursed VND 2.5 trillion( 108 million USD) of public investment capital as by September 15, accounting for 94.8 percent of the Government's assigned yearly target, when the slow progress in the effort was recorded in many localities and ministries and branches nationwide.
After 10 years of launching the national target programme on new-style rural area building, Ninh Binh province has achieved good results with rural incomes and living conditions improved considerably.
Government revenues in the first six months of 2019 were estimated at VND745.4 trillion (US$32 billion), equivalent to 52.8% of the target and up 13.2% compared with the same period of last year.
Vietnam and Malaysia have agreed to enhance economic ties, aiming to raise bilateral trade to US$15 billion or higher by 2020.
The Vietnam Textile and Apparel Association (VITAS) has set the industry's export turnover target this year at 40 billion USD, a 10.8 percent year-on-year increase from 2018.
Last year Vietnam achieved a GDP growth of 7.08%, exceeding the target set by the National Assembly. More particularly, export revenue posted an impressive result, bringing Vietnam into the company of the world's leading exporters.
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 northern province of Ninh Binh's export revenue in nine months of 2018 topped 1.1 billion USD, up 33.6 percent year on year, helping the locality fulfill 88.9 percent of its yearly target.
Politburo member, Deputy Prime Minister and head of the Central Steering Committee for National Target Programmes, Vuong Dinh Hue, ran an article on the implementation of the "One Commune, One Product" (OCOP) programme, one of the important solutions in restructuring agriculture and developing new-style rural areas.
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%.
With 15.8 percent growth in the first five months of this year to 93.09 billion USD, achieving export growth target of more than 10 percent for the whole year is feasible.
The Vietnamese agricultural sector should find out a right way of approach, consider market as the target and market standards as quality measurement to help agricultural products better meet both domestic and international market requirements.
Improving quality and efficiency should be the focus of the National Target Programme on New-style Rural Area Building in the 2018-2020 period, stated Deputy Minister of Agriculture and Rural Development (MARD) Tran Thanh Nam.
The PM has approved a target program on investment in infrastructure of coastal economic zones, border economic zones, industrial parks, industrial clusters, high-tech parks and high-tech agriculture zones in the 2016-2020 phase.
Prime Minister Nguyen Xuan Phuc asked Cabinet members to give feedback on the 2018 growth scenario, towards reaching growth of at least 6.7 percent this year, higher than the 6.5 percent assigned by the National Assembly.
In 2018, Vietnam's tourism industry will focus on solving obstacles to develop tourism into a spearhead economic sector and raise the image of Vietnam in foreigners' eyes.
Representatives from Vietnam and the Republic of Korea (RoK) have discussed measures to foster bilateral trade ties, towards a target of USD100 billion in two-way trade by 2020.
The Prime Minister has recently approved the Target Program on Information Technology (IT) for the period of 2016-2020, which seeks to boost the application of IT in the State agencies' operations, construct the e-government, and provide online public services in a synchronous fashion from the central to the local level.
As many as 2,884 communes or 32.3 percent of communes nationwide were recognized as new-style rural areas by the end of November 2017, surpassing the target of at least 31 percent.