Vietnam and Cambodia could make their two-way trade value at 7-8 billion USD by 2020 as they have established sound cooperation across sectors and their governments have regularly taken measures to remove difficulties for businesses, Prime Minister Nguyen Xuan Phuc said.
Work to be done in December needs to ensure socio-economic goals set for 2018 are accomplished or exceeded to create a springboard for the implementation of 2019 plan, said Prime Minister Nguyen Xuan Phuc.
The Vietnam-Cambodia Friendship Association held a ceremony in Hanoi on November 9 to mark the 65th Independence Day of Cambodia (November 9, 1953 - 2018).
The National Assembly passed a resolution on the socio-economic plan for 2019 with 447 out of 450 votes in the morning of November 8.
The northern midland province of Phu Tho has focused on developing infrastructure at industrial zones and clusters so as to attract more investments.
Prime Minister Nguyen Xuan Phuc on October 22 highlighted the improvements in all aspects of Vietnam since 2016 while reporting on the country’s socio-economic situation this year and the development plan for 2019 to the National Assembly (NA) during its ongoing 6th session.
The Central Institute for Economic Management (CIEM) has forecast Vietnam’s economy growth for 2018 may be at 6.88 thanks to positive socio-economic results in the first nine months of this year.
Positive outcomes have been recorded in all economic spheres over the last nine months with the most remarkable being the highest nine-month GDP growth rate since 2011, according to Prime Minister Nguyen Xuan Phuc.
The GDP growth rate for the January-September period was 6.98 percent, the highest for the same period over the past eight years, the General Statistics Office announced on September 28.
The 7th international exhibition on technology, equipment and solutions for electricity transmission and distribution (Electric & Power Vietnam 2018) opened in Ho Chi Minh City on September 12.
Power drawn from renewable energy is expected to soar in the future, although the country’s capacity to integrate this source of energy into the national power grid is still limited, possibly causing throttling on the network, heard attendants at a seminar held in Hanoi last week.
The Mekong Delta province of Tra Vinh plans to increase the production values of the agro-forestry-fishery sector by more than 4 percent by 2020, according to the provincial People’s Committee.
Moody’s Investor Services projected Vietnam’s annual GDP growth to stay at around 6.4 percent during the 2018-2022 period in its latest report issued on August 10.
Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.
Bernd Lange, Chairman of the European Parliament’s Committee on International Trade, has said he expects the European Union-Vietnam Free Trade Agreement (EVFTA) to be signed at the Asia-Europe Meeting Summit in October or sometime in November this year.
Vietnam’s stock market is likely to recover in the remaining months of 2018 thanks to Government plans to develop the private sector and to attract local and international investors, experts have said.
The Vietnam Law and Legal Forum, under the Vietnam News Agency, talks with Lieutenant General Hoang Phuoc Thuan, Director of the Cyber Security Department of the Ministry of Public Security, about some controversial issues governed by the draft Law on Cyber Security.
Some lawmakers described economic growth in 2017 and the first months of 2018 as impressive and applauded the Government’s efforts to achieve that outcome while discussing socio-economic issues on May 25.
