Vietnam targets launch of modern digital finance platform by 2025
Minister of Finance Ho Duc Phoc has signed a decision promulgating the Ministry of Finance's digital transformation plan to 2025, with vision to 2030.
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Minister of Finance Ho Duc Phoc has signed a decision promulgating the Ministry of Finance's digital transformation plan to 2025, with vision to 2030.
An online conference took place on July 15 to review the culture, sports, and tourism sector's activities in the first six months of 2022 and deploy tasks for the last six months of the year, chaired by Minister of Culture, Sports and Tourism Nguyen Van Hung.
The disbursed amount of public investment funded by official development assistance (ODA) in localities in the first five months of this year stood at only over VND1.1 trillion (US$47.9 million), equivalent to just 1.73% of the year's target, according to the Ministry of Finance (MoF).
Auto manufacturer Thanh Cong Group has set itself a target of producing 75,000 motor vehicles this year, raising its production rate to 11.3 per hour.
Implementing the Resolution of the 21st Congress of the Ninh Binh Party Organisation for the 2015 - 2020 tenure and the Socio-economic development plan for 2016 - 2020, the northern province of Ninh Binh issued a number of mechanisms and policies to realise its economic development targets, under which special attention has been paid to automobile manufacturing and assembly, and electronic industries; restructuring the agriculture sector and boosting tourism.
The disbursement of public investment, including ODA and preferential loans, is considered one of the key tasks of the Vietnamese Government to promote economic development and successfully complete socio-economic development targets in 2020. However, the disbursement progress of ODA and preferential loans in Ninh Binh province still lagged behind schedule.
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.
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 Government convenes its monthly session on March 3, under the chair of Prime Minister Nguyen Xuan Phuc, to discuss on urgent measures to implement socio-economic development targets amid the COVID-19 outbreak.
Prime Minister Nguyen Xuan Phuc has sent a letter of encouragement to leaders of ministries, sectors, localities and agencies, calling on them to raise a high sense of responsibility and promote creativity, activeness, and determination to successfully realise the targets and tasks set for 2019.
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.
The northern province of Ninh Binh has employed an array of synchronous measures in an effort to improve the quality of tourism services, especially at the Tam Coc - Bich Dong tourism site in Ninh Hai commune, Hoa Lu district.
Aiming to achieve the set targets of national program for building new-style rural areas in 2018, the Ministry of Agriculture and Rural Development has developed key tasks.
All 13 norms set by the National Assembly for 2017 would be fulfilled, of which five would exceed targets and eight others would meet goals, said PM Nguyen Xuan Phuc.
The Prime Minister has set specific socio-economic targets for 2017 for five ministries, with the Ministry of Planning and Investment tasked with striving for 6.7% GDP growth and 4% inflation.
The National Assembly (NA) on November 7 adopted a resolution on the socio-economic development plan for 2017, which aims for a gross domestic product (GDP) growth rate of about 6.7%.
National Assembly Chairwoman Nguyen Thi Kim Ngan said high resolve and drastic and breakthrough measures are needed to achieve socio-economic development targets and create a momentum for following years in the context of numerous difficulties and challenges facing the country.
The Vietnamese government has targeted at least 30% of the population will do their shopping online by 2020 with average spending at US$350 per capita.
The northern province of Ninh Binh strives to earn 1 billion USD from exports in 2016, a year-on-year increase of 2.5 percent.
Prime Minister Nguyen Tan Dung has said that all ministries and localities should continue to work on three strategic breakthroughs in order to achieve the targets set for 2016 and the next five years.
The northern province of Ninh Binh will work to attract over 6 million tourist arrivals in 2016, according to the provincial Department of Culture, Sports and Tourism.
Ninh Binh is striving to raise its industrial production value to nearly 32.9 trillion VND (1.5 billion USD) in 2015, a sharp year-on - year rise of 23 %, according to a report made by the provincial department of industry.
Vietnam's agricultural sector grew by 3.3% in 2014 and targets a growth of 3-3.3% in its gross domestic production (GDP) next year, announced the Ministry of Agriculture and Rural Development on December 26.
The Ninh Binh Provincial People's Committee on Setember 8 held a conference to build socio-economic development and public investment plans for the 2016 - 2020 period.
Prime Minster Nguyen Tan Dung has called for combined efforts to defend the country's sacred sovereignty but avoid affecting the implementation of socio-economic development targets.