Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said.
Ho Chi Minh City is taking drastic measures to promote disbursement of public funds, which plays an important role in economic development amidst the COVID-19 pandemic.
The Mekong Delta city of Can Tho will pay due regard to the development of large-scale industrial parks (IPs), Vice Chairman of the municipal People’s Committee Nguyen Van Hong has said.
The northern province of Hai Duong secured more than 14 trillion VND (606.9 million USD) in domestic investment in 2020, a year-on-year rise of 37.2 percent, according to the provincial Department of Planning and Investment.
Some 2,100 new businesses were established in the first week of 2021, a 46 percent increase year-on-year, according to an official from the Ministry of Planning and Investment (MPI).
The Mekong Delta has recently attracted many large projects worth trillions to tens of trillions of VND, which are promoting economic development there.
Weak regional connectivity across land, air and sea has hampered the growth of the southeastern region of Vietnam. Economists believe for the region to develop, it needs to change its mind set and strategy.
Vinh Phuc province views localities and businesses in the Republic of Korea (RoK) as its partners of top importance and a key factor in its international integration strategy, Hoang Thi Thuy Lan, Secretary of the Vinh Phuc Party Committee, has said.
Ho Chi Minh City had disbursed nearly 23 trillion VND (987.48 million USD) of public investment capital as of September 22, completing 54.2 percent of its yearly target, the Office of the city People’s Committee has reported.
Chairman of the Hanoi People’s Committee Chu Ngoc Anh appreciated the Asian Development Bank (ADB)’s support in the capital city’s infrastructure development over recent years while hosting ADB Country Director in Vietnam Andrew Jeffries on November 4.
Chairman of the HCM City People’s Committee has called for continued efforts in supporting individuals and enterprises affected by the COVID-19 pandemic and achieving the year’s socio-economic targets.
Ho Chi Minh City’s authorities are drafting design and construction plans for urban areas along the first metro route, which is slated to become operational at the end of 2021.
As of the beginning of October, Ho Chi Minh City has licenced nearly 30,000 new businesses with combined registered capital totaling 667 trillion VND (28.64 billion USD), according to the municipal Department of Planning and Investment.
The 11th Congress of southern Dong Nai province’s Party Organisation for the 2020-2025 tenure will take place on October 14-16 with the participation of 348 delegates.
The management board of industrial parks in northern Vinh Phuc province granted investment licences to 57 projects in the first nine months of this year.
Few employers are engaged in the links among the Government, job trainers, employers and trainees’ families due to the lack of a binding mechanism, vice director of Hanoi’s Department of Labour, Invalids and Social Affairs Nguyen Thanh Nhan said.
The Central Highlands province ofDak Lak seeks to improve its business and investment climate to become an attractive investment destination, according to the provincial Department of Planning and Investment.
HCM City authorities are planning to revoke “long-delayed or projects that are no longer feasible” that have affected thousands of home owners who have been asked to move to make way for these projects.
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