Y is economic growth important

There were 17 ministries, central-level agencies and 17 localities with disbursement rates of more than 80 per cent as of December 31, 2020. However, 13 ministries and central-level agencies and five localities had disbursement rates below 60 per cent. … [Read more...] about Public investment to focus on key projects to create impetus for economic growth

Also in this period, EZs and IZs had contributed more than VND400 trillion ($17.3 billion) to the state budget. This accounted for 60 per cent of the total local budgetary revenues of some provinces such as Quang Nam, Quang Ngai, and Haiphong, creating jobs for more than 3.8 million direct workers, accounting for about 7 per cent of the country's labour force. … [Read more...] about A separate law needed for industrial zone and economic zone development

Under the World Bank’s calculations, Vietnam’s main instrument for macro-monitoring has been the speedier implementation of the public investment programme, which has been plagued by slow disbursement in the last few years. As a result, total public investment disbursement increased from VND192 trillion ($8.34 billion) in the first three quarters of 2019 to VND269 trillion ($11.7 billion) during the same period in 2020 – an increase of 40 per cent. … [Read more...] about Reshuffle underway to further stimulate revival of economy

Diplomatic corps, int’l organisations informed about 13th National Party Congress The diplomatic corps and representatives of international organisations in Vietnam are invited to attend the opening and closing sessions of the upcoming 13th National Party Congress,  … [Read more...] about Hanoi given new facelift to welcome 13th National Party Congress

The Provisional Government holds its first meeting presided over by President Ho Chi Minh on September 3, 1945 to discuss and set forth urgent tasks, determined to fight the enemies of hunger and illiteracy and urgently prepare for the universal general election as soon as possible and drafting a constitution for the newly-established Democratic Republic of Vietnam. In the photo: President Ho Chi Minh and members of the Provisional Government Council of the Democratic Republic of Vietnam present after the first session on the morning of September 3, 1945. (Photo: VNA) … [Read more...] about First Party Congress: Unifying revolutionary movements