Key economic regions to get preferential mechanism

In the 2011-2015 period, the Government will issue preferential mechanisms for key economic regions, focusing on the restructuring of the economy and businesses, and training high-quality human resources, in order to improve their leading role in the country’s economic development.
In the 2011-2015 period, the Government will issue preferentialmechanisms for key economic regions, focusing on the restructuring ofthe economy and businesses, and training high-quality human resources,in order to improve their leading role in the country’s economicdevelopment.

Deputy Prime Minister Hoang TrungHai made the statement while chairing a conference in the Mekong Deltacity of Can Tho on April 7 on the development of key economicregions.

According to the Ministry of Planning andInvestment, Vietnam now has four key economic regions, includingthe North, Central, South and Mekong Delta, which account for 27.42percent of the area and 51.27 percent of the population of the country.

They see dynamic development with modern economicstructures and play the role as the locomotive in national developmentand international integration.

However, Deputy PM Hai, who is also Head of the State Steering Committeefor Key Economic Regions, said the regions still suffer from lowinvestment efficiency and the poor quality of planning, management andimplementation work.

They are yet to have anyproducts with high added values and competitiveness, he added. Heinstituted relevant ministries, sectors and localities to coordinatecloser in planning and implementing key projects in the four regions aswell as in strengthening linkage between them.

Theconference set a target that the GDP growth rate of these key economicregions will reach 9-10 percent, about 1.4 times higher than thecountry’s average rate.

In the 2006-2011 period,the regions recorded an average GDP growth rate of 10.98 percent and aper-capita income 3.6 times higher than that of the country. Theirexport value accounted for nearly 90 percent of the country’s total.-VNA

See more

At the opening ceremony of HortEx Vietnam 2025 (Photo: VNA)

HCM City HortEx showcases agricultural technologies, smart farming

HortEx Vietnam 2025 also serves as a gathering place for businesses, cooperatives, and agricultural producers from more than 16 provinces and cities across Vietnam, providing an excellent opportunity for local enterprises to exchange knowledge, learn from international experience, access new technologies, and expand their markets.

Hyundai Accent remains the best-selling model, with 455 units delivered to customers in February. (Photo: VNA)

Hyundai auto sales remain stable in February

In February, Hyundai Accent remained the best-selling model, with 455 units delivered to customers. It was followed by Hyundai Tucson with 403 units, Hyundai Stargazer with 304 cars, and Hyundai Creta with 303 vehicles.

Prime Minister Pham Minh Chinh speaks at the second meeting of the National Steering Committee for Financial Inclusion in Hanoi on March 12. (Photo: VNA)

PM requests stronger efforts to ensure comprehensive, equitable financial access

PM Pham Minh Chinh, who is also head of the steering committee, highlighted the significance of the strategy for the country's socio-economic development, saying that it enables individuals and businesses to access essential financial resources and services for development, improving living standards of the people, and promoting savings and investment.

Manufacturing toys for export at Bilion Max Vietnam Export Processing Co. Ltd. in Hue city. (Photo: VNA)

Vietnam’s economy poised to grow 6.8% this year: WB

“Vietnam is projected to maintain robust economic growth over the next two years, but it can use its fiscal space to better prepare for heightened uncertainties”, said Mariam J. Sherman, World Bank Director for Vietnam, Cambodia and Laos at a press conference.

A shopping mall in HCM City. The retail property market in HCM City is expected to see further growth this year. (Photo: gkg.com.vn)

HCM City retail property market expected to heat up

In 2025, the commercial real estate market, especially in HCM City, is forecast to undergo significant positive changes, with an improved supply. It can be said that this segment will "transform" to recover for a new growth cycle.

Illustrative image (Photo: VNA)

Measures needed to boost business optimism: VCCI

According to the Ministry of Planning and Investment, there are currently 940,000 active enterprises, falling short of the target of one million by 2020 and 1.5 million by the end of the year.

Site clearance has been completed for the Metro Line No.2 project. (Photo: sggp.org.vn)

HCM City to use municipal budget for Metro Line No. 2 project

The Metro Line No. 2 project has an estimated investment of nearly 47.9 trillion VND (2 billion USD) and has nearly completed land clearance, at 99.8%. The NA’s Resolution 188 authorises HCM City to develop seven metro lines spanning 355 kilometres over the next decade, with preliminary total investment for the 2025-2035 phase estimated at 40.2 billion USD.